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July 22, 2014
Timothy Larson, Partner-in-Charge, Tax & Business Services New York, Interviewed on The Street - "Don't Expect Tax Inversion Fever to Break Anytime Soon"
The stream of companies undergoing inversions will continue until the U.S. moves to territorial taxation coupled with a lower U.S. corporate tax rate, said Tim Larson, Partner-in-Charge of Tax & Business Services at Marcum.
July 21, 2014
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in The Washington Post Article, "Civilities: A Lesbian Daughter Fears Here Parents Financially Favor a Straight Sister."
At first blush, your question goes to show that LGBT people can be just as petty, small-minded, and “entitled” as our heterosexual friends and relatives.
July 20, 20114
Carolyn Mazzenga, Partner-In-Charge of the Melville Office, Discusses the Marcum Workplace Challenge on CBS New York
Long Island’s largest walk/run fundraiser is quickly approaching.

The Marcum Workplace Challenge will be held July 29 at Jones Beach State Park. The 3 1/2 mile-event benefits three organizations — Long Island Cares (the Harry Chapin Food Bank), the Long Island Children’s Museum and the Children’s Medical Fund of New York.
July 18, 2014
Marcum Workplace Challenge Race Gives LIers Chance to Support Good Causes - and Each Other
The Marcum Workplace Challenge began in 2005 when Marcum, a public accounting firm, took over the JPMorgan Corporate Challenge after the company decided to drop the Long Island race. That event continues in Central Park.
July 15, 2014
Marcum LLP Featured in CBS New York Article, "Businesses Say Preparing For LIRR Strike Is Like Bracing For Storm"
As Long Island's largest accounting firm, Marcum partners and senior staff were interviewed by CBS2 News about the Firm's contingency plans for the looming Long Island Railroad strike.
July 14, 2014
Article by Ted Lucas, Assurance Services Senior Manager & Timothy Landry, Assurance Services Senior Manager, "Businesses Must Prep for New Revenue Recognition Rules" Featured in The Hartford Business Journal
Today's financial world puts a great emphasis on meeting targets. From the perspective of those who run businesses and their employees, it can mean the difference between a large bonus or being let go. From a stockholder's perspective, it could mean the difference between selling or holding a stake in a company.
July 10, 2014
Article by David Glusman, Partner-in-Charge of the Philadelphia Office and Michael Molder, Advisory Services Senior Manager, "Financial Oversight and the Institutional Investor," Featured in The Legal Intelligencer
In early May, the California State Teachers' Retirement System (CalSTRS) announced that it would vote against four of the five directors on Bank of America's (BAC) audit committee and the reappointment of its auditor.
July 10, 2014
Article by Ted Lucas, Assurance Services Senior Manager & Timothy Landry, Assurance Services Senior Manager, "Revenue Recognition - Why Is It So Important?" Featured in Connecticut Innovations
Revenue typically drives the success of most businesses, as it is a means of generating profits and increasing equity. For this reason, attaining proper revenue recognition is paramount.
July 8, 2014
Article by Mark Fromberg, Assurance Partner and Michael Curto, Assurance Partner, "The Evolving Affordable Care Act" Featured in the South Florida Hospital News and Healthcare Report
The Affordable Care Act (ACA) has changed all aspects of health care, and it is now a strategic imperative for health systems to make process improvements to achieve performance expectations. Using focused clinical programs to achieve strategic initiatives, health systems can better understand and manage processes to achieve these expected outcomes.
July 2, 2014
James Wienclaw, Tax & Business Services Partner, Featured in Long Island Business News' Ones to Watch Column
As a tax and business adviser in the Melville office of Marcum, Wienclaw implements tax-saving strategies for a wide range of clients.
July 1, 2014
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in Bankrate.com's Retirement Blog Article, "Gay Couples Win More Rights."
It has been about a year since the U.S. Supreme Court overturned the Defense of Marriage Act, or DOMA, voiding the federal definition of marriage as an institution pertaining exclusively to a man and a woman.
June 26, 2014
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in CNNMoney Article, "One Year Later: Same-Sex Marriage Ruling's Impact."
It's been one year since the Supreme Court's monumental ruling on same-sex marriage, and many couples have already seen their lives change dramatically.
June 26, 2014
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Interviewed on Bloomberg TV’s Bottom Line Program
Nanette Lee Miller discussed how personal finances are figuring into the landscape for same-sex marriages and their influence in marital decisions.
June 26, 2014
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in FoxBusiness Article, "Supreme Court Ruling on Gay Marriage: DOMA a Year Later"
It's been one year since the Supreme Court ruled the Defense of Marriage Act (DOMA) unconstitutional, and for Holly Kylen, a Voya retirement coach and financial planner, it's been "an amazing year" both personally and professionally.
June 24, 2014
Diane Giordano, Tax & Business Services Partner, Quoted in Long Island Business News Article, "Start-Up NY Stalls on LI"
It sounds like the best thing to happen to startups since the invention of the Internet.

Television ads for Start-Up NY, New York State’s small-business incentive program, portray a government eager to suspend taxes for new business as an investment in the future. The program’s website is even more encouraging, describing how “businesses can operate 100 percent tax-free for 10 years” by setting up near college campuses and other large-scale R&D facilities, with “no income tax, business, corporate, state or local taxes, sales and property taxes, or franchise fees.”
June 24, 2014
Philip J. Wilson, Partner-in-Charge, Southern California Region, Featured in Los Angeles Business Journal Roundtable Discussion: "The Business of Accounting."
As the economy experiences its climbs and dips, the Los Angeles Business Journal has once again turned to some of the leading accountants in the region to get their assessments regarding the current state of business accounting and the various trends that they have been observing, and in some cases, driving.
June 20, 2014
Timothy Larson, Partner-in-Charge, Tax & Business Services New York, Quoted in The New York Times Article, "With Efforts to Buy Shire, AbbVie to Join Rush to Go Abroad."
At first it was a trickle. A few relatively unknown pharmaceutical companies acquired international competitors, and moved their headquarters abroad.
June 16, 2014
Article by Brett McGrath, Partner, Tax & Business Services and John Vozzo, Director, Tax and Business Services, "Use R&D Credits to Let the IRS Pay Your Taxes," Featured in The Hartford Business Journal.
The federal Research and Development Tax Credit is an incentive program providing taxpayers a dollar-for-dollar reduction of their tax liability; in effect, the Internal Revenue Service is helping to pay taxes for companies that qualify for the credit. While many companies take advantage of the R&D credit, most taxpayers don't realize it can be claimed by businesses in many industries, most likely including yours.
June 13, 2014
David Glusman, Partner-in-Charge of the Philadelphia Office, Quoted in Bloomberg BNA Article, "Recent Developments Affect Tax Filing For Same-Sex Couples in Certain States."
Same-sex couples can now get married in Pennsylvania, Oregon and Illinois and that has important implications for their 2014 state income tax returns.
June 5, 2014
Article by Janis Cowhey, LGBT Practice Co-Leader and Portia Rose, LGBT Manager, "The Benefits of Same-Sex Marriage: It’s Not Just About The Love Thing," Featured in Philadelphia Gay News
Since the Defense of Marriage Act was effectively nullified by the U.S. Supreme Court in June 2013, same-sex couples have been rushing to the altar. In striking down the traditional definition of marriage as a union between a man and a woman, the court made it easier for more non-traditional families to take their vows.
June 2, 2014
David Bukzin, Partner-In-Charge, New York City Office, Featured in Opalesque Article, "MicroCap Heats Up"
MicroCap companies used to be the domain of a subset of investors and corporate advisors. Now, as IPOs reach record breaking levels and quality companies are harder for investors to find, MicroCap is heating up. Attendees at the Marcum MicroCap Conference held last week in New York ranged from hedge funds to private equity to family offices and even a few institutions all hunting for new opportunities.
June 2, 2014
Article by David Glusman, Partner-in-Charge of the Philadelphia Office, "Tax Advice for Pennsylvania’s LGBT Spouses-to-Be," Featured in Philadelphia Business Journal
Now that the federal courts have ruled that Pennsylvania’s ban on same-sex marriages is unconstitutional, and Governor Corbett has announced that the Commonwealth of Pennsylvania will not appeal the ruling, it is an appropriate time to consider the gains and losses, pluses and minuses, and financial planning challenges for LGBT and other non-traditional couples.
June 2, 2014
Matthew Bavolack, National Healthcare Practice Leader and Frank Miceli, New England Healthcare Practice Leader, Featured in Hartford Business Journal Article, "Taming Long-Term Care's Looming Crisis."
Q&A talks about the challenges facing the long-term care industry with Marcum LLP's Matthew S. Bavolack, principal and national healthcare practice group leader and Frank J. Miceli, partner and New England healthcare practice group leader.
May 28, 2014
David Bukzin, Partner-In-Charge, New York City Office, Featured in Equities.com Article, "The Rise of Small Caps: David Bukzin of Marcum LLP Discusses the 3rd Annual MicroCap Conference."
With the market driving higher into record levels, the demand for new opportunities has contributed to the robust performance of the small and microcap market. Among the investment community, there’s a palpable thirst for innovation and new industries to propel growth, and in order to achieve that, it is critical that the small and microcap market be nurtured to encourage new technologies that will help generate sustainable economic activity.
May 23, 2014
John Hughes, Assurance Services Manager, Featured in Inc.com Article, "Should You Crowdfund Your Next Business?"
After years of painstaking battles, the government is about to lift the ban on securities crowdfunding for startups. But this may not be the big breakthrough the crowd was cheering for.
May 22, 2014
Ronald Friedman, Retail Practice Leader, Quoted in Fortune Article, "Weather a Popular Scapegoat as Retailers Disappoint."
Executives at some of the top U.S. retailers have leaned on a familiar scapegoat as they unpack why first-quarter sales have broadly missed Wall Street's expectations: bad weather.

And how many times have they complained about the weather this quarter? A lot, according to an analysis of their conference calls.
May 22, 2014
Ronald Friedman, Retail Practice Leader, Quoted in Fortune Article, "Weather a Popular Scapegoat as Retailers Disappoint."
Executives at some of the top U.S. retailers have leaned on a familiar scapegoat as they unpack why first-quarter sales have broadly missed Wall Street's expectations: bad weather.

And how many times have they complained about the weather this quarter? A lot, according to an analysis of their conference calls.
May 21, 2014
David Glusman, Partner-in-Charge of the Philadelphia Office, Quoted in CPA Practice Advisor Article, "Tax Pro Says Pennsylvania Same-Sex Marriage Ruling Creates Tax Advantages for LGBT Families"
Experts from the Philadelphia LGBT practice of Marcum LLP advise that Tuesday's court ruling overturning the ban on same-sex marriage in Pennsylvania opens up important planning opportunities for these families. Marcum is the first national accounting firm with a practice dedicated to tax and estate planning for same-sex couples.
May 21, 2014
Joseph Natarelli, National Construction Industry Group Leader, and Anirban Basu, Marcum's Chief Construction Economist, Quoted in CPA Practice Advisor Article, "Commercial Construction Slows in Q1, But Growth Expected"
The Marcum Commercial Construction Index for the first quarter of 2014 shows that extreme winter weather conditions suppressed nonresidential construction activity during the period, with spending declines in all three months of the period. The index predicts a return to expansion during the remainder of the year, however.
May 19, 2014
Article Authored by James Ashe, Partner-in-Charge, Advisory Services, Stephen Lassar, Tax & Business Services Partner and Daniel Roche, Advisory Services Manager, "Valuing Publicity Rights and Other Intangible Assets of Authors"
The "Right of Publicity" is in the news again, this time in regards to the high-profile "image and likeness" asset of Michael Jackson. One of the issues at hand is the valuation of the Estate of Michael Jackson's rights to the intellectual property related to Michael Jackson's image and likeness.
May 9, 2014
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in Long Island Business News Article, "Feets of Economic Strength."
Long Island’s running community is lacing up for its most competitive – and lucrative – time of the year.

With prime-time seasonal sales on the line and a flurry of competitive relays on the calendar, athletic-mind businesses are looking to lap the competition. Even nonprofits, many of which raise funds through mini-marathons, stand to run up healthy revenues.
May 9, 2014
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in Long Island Business News Article, "Feets of Economic Strength."
Long Island’s running community is lacing up for its most competitive – and lucrative – time of the year.

With prime-time seasonal sales on the line and a flurry of competitive relays on the calendar, athletic-mind businesses are looking to lap the competition. Even nonprofits, many of which raise funds through mini-marathons, stand to run up healthy revenues.
May 2, 2014
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in Long Island Business News Weekly Finance Page
Long Island Partner-in-Charge Carolyn Mazzenga was the featured expert on Long Island Business News' weekly Finance Page. Carolyn was asked to describe the current business environment for Marcum's clients.
May 2, 2014
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in Long Island Business News Weekly Finance Page
Long Island Partner-in-Charge Carolyn Mazzenga was the featured expert on Long Island Business News' weekly Finance Page. Carolyn was asked to describe the current business environment for Marcum's clients.
May 1, 2014
James Ashe, Partner-in-Charge, Advisory Services, Featured in Long Island Business News Article, "Help in Detecting Fraud."
The American Institue of Certified Public Accountants launched a new mentoring program in March, as many accounting firms look to grow their forensic practices.
April 28, 2014
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in Los Angeles Business Journal Commentary, "Sick Rules."
A proposed state law would require that employers grant sick pay, but it also encourages lawsuits over the issue. So the Business Journal asks: Should the government mandate sick pay, even if it means more lawsuits?
May 1, 2014
Article by Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, and Lawrence Litt, Tax and Business Services Partner, "M&A Tax Considerations for Small- and Middle-Market Purchasers," Featured in New Jersey Business
What is going through the mind of a small- or middle-market company’s C-level executive exploring how to grow his or her company through an acquisition? The answer is typically centered around how best to achieve the greatest return to the shareholders on the company’s investment in the enterprise being acquired.
April 28, 2014
Steve Rapattoni, Partner-in-Charge of the Irvine Office, Quoted in Orange County Business Journal Article, "Deal Days."
Orange County’s diverse business landscape is “helping create the wave” that could make 2014 the biggest year for mergers and acquisitions here and nationally in more than a decade.
April 28, 2014
Raymond Kelly, Tax & Business Services Partner, Featured in Long Island Business News Article, "NY Reworks Tax Codes for Businesses in the Red."
Losing money just became a little more profitable.

New York has changed tax regulations regarding certain commercial losses, turning them into potential windfalls for companies in the red.
April 24, 2014
Marcum Benefits Marketplace, Featured in Long Island Business News Article, "Marcum Creates Health Insurance Exchange."
As it seeks to grow its healthcare practice and services, Marcum has launched a private health insurance exchange.

The Melville-based accounting firm’s affiliate, Marcum Financial Services, created the Marcum Benefits Marketplace, a private health insurance exchange for employers, employees and even individuals. Marcum is using the exchange, which went live on March 15 and is open to clients and the public at large, as another tool to attract business.
April 24, 2014
Marcum Benefits Marketplace, Featured in Accounting Today Article, "Marcum Launches Health Care Marketplace."
Marcum Financial Services, an affiliate of Top 100 Firm Marcum LLP has launched a resource for health insurance delivery for groups and individuals.

The Marcum Benefits Marketplace is designed to facilitate the selection, enrollment and administration of health insurance as well as other benefits for small and middle-market businesses. Geared for employers with 1,000 or fewer employees, the exchange also offers a prescription discount program, dental insurance and travel insurance.
April 23, 2014
Marcum Benefits Marketplace, Featured in CPA Practice Advisor Article, "Marcum Launches Health Insurance Marketplace."
Businesses, groups and individuals looking for health insurance and information now have a new resource, courtesy of the accounting firm Marcum LLP. The firm's affiliate, Marcum Financial Services, which is also a member of the Marcum Group of companies, has launched the Marcum Benefits Marketplace, a one-stop resource for health insurance delivery for groups and individuals.
April 17, 2014
Sharyn Maggio, Partner, Advisory Services, Featured in CPA Practice Advisor Article, "Sharyn Maggio Named Co-Chair of AICPA Divorce Practice Conference."
A partner with the accounting firm Marcum LLP has been selected to co-chair the 2014 AICPA/AAML National Conference on Divorce. Sharyn Maggio, an Advisory Services Partner in the Roseland and Neptune, NJ, offices of Marcum will lead the the biennial conference of the leading organizations for CPAs and divorce law practitioners. The conference will take place in Las Vegas from April 24-25.
April 16, 2014
Heather Bearfield, Principal, Assurance Services, Featured in the Inc. Article, "Why Your Employees Are the Single Biggest Threat to Your Company's Data."
When the Heartbleed security bug was revealed last week, IT departments across almost every industry scurried to secure their infrastructure. Frighteningly, the bug, which potentially exposed customer data for more than two years, is undetectable.
April 15, 2014
Barbara Bond, Partner, Tax & Business Services and Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in San Francisco Business Times Article, "Taxing Taxes: Those Feeling Pain Of Higher Taxes Have Plenty Of Company."
Predictions that many would be in shock when they got their tax bills Tuesday are proving all too true.
April 14, 2014
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in Associated Press Article, "Chance of Getting Audited by IRS Lowest in Years."
As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years.
April 13, 2014
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in The Wall Street Journal Article, "Top Earners Feel the Bite of Tax Increases."
The jump in federal tax rates that kicked in last year is causing sticker shock for many higher earners this tax season.

That, in turn, is rekindling a debate over a question likely to smolder for a long time: How much more could - or should - taxes go up on the well-to-do?
April 10, 2014
Nanette Lee Miller, Leader of the LGBT Practice Group, Quoted in CNNMoney Article, "My Girlfriend is a Tax Break."
If you're in a relationship with someone who is dependent on you financially, you might be able to claim them as a tax break.
April 10, 2014
Article Co-Authored by Donald Zidik, Tax Business Senior Manager, "Taxing Fantasy Sports," Featured in AICPA’s The Tax Insider
As the internet has grown enormously in the past decade, so has participation in online fantasy sports leagues. Last year, approximately 33 million people in the United States participated in these leagues, which include fantasy football, baseball, hockey, and basketball. Participants create teams using real players, and the games are played using those players’ actual performance in games.
April 8, 2014
Article Co-Authored by Donald Zidik, Tax & Business Services Senior Manager, "Individual Taxation: Digest of Recent Developments: Part II," Featured in AICPA’s The Tax Advisor
April 4, 2014
Article by David Glusman, Partner-in-Charge of the Philadelphia Office and Michael Molder, Advisory Services Senior Manager, "Reading the Semaphore of the Red Flags of Fraud," Featured in The Legal Intelligencer
For centuries, ships have signaled messages of distress to each other through colored flags arranged in specific positions. Your business may be sending you signals of distress, including catastrophic employee dishonesty. If you can read the signs, you can head off disaster, but first you need to be able to recognize the red flags of fraud.
April 2, 2014
Steve Brett, President, Marcum Financial Services, Quoted in U.S. News & World Report Article, "Tax Advice for Millennials."
Filing taxes isn’t easy for anybody, but it can especially be daunting for millennials, who have less practice with the annual tradition, often undergo life transitions that impact their filing status and are frequently eligible for many of the constantly-changing array of tax deductions and credits. U.S. News sought out a handful of top experts to help 20-somethings navigate the process and leave as much money in their bank accounts as possible. Here are a dozen of their suggestions.
April 1, 2014
Article by Mark Fromberg, Assurance Partner, "Is Your Electronic Health Record System Safe?" Featured in the South Florida Hospital News and Healthcare Report
Since the signing of the HealthInformation Technology for Economic and Clinical Health(HITECH) Act in 2009, manyhealthcare organizations have begunimplementing certified electronic health record (EHR) systems to receive financial incentives for demonstrating meaningful use while improving the quality of care. To this end, healthcare organizations and other entities that have HIPAA regulatory requirements are seeking out consulting services from leading third-party vendors to get insight and recommendations aimed at strengthening the information technology (IT) controls surrounding these EHR systems.
March 31, 2014
Article by David Glusman, Partner-in-Charge of the Philadelphia Office, "What’s My Business Worth?" Featured in Greater Philadelphia Chamber of Commerce News
At the end of the day, any business is worth what someone else is willing to pay for it. Generally, two valuation approaches dictate the range of value for a business. First, the income approach is generally based on the cash flow of the business.
March 31, 2014
LGBT Practice Co-Leader Janis Cowhey McDonagh Featured in New York Daily News Article, "Taxing Times for Same Sex Married Couples: What You Need to Know About the New Rules."
Same-sex couples who are legally married in states that recognize their marriages - including New York - now have the same federal tax benefits that in past were only available to heterosexual married couples.
March 31, 2014
LGBT Practice Co-Leader Janis Cowhey McDonagh, Quoted in Detroit Free Press Article, "Some Same-Sex Married Couples Living In Michigan Have To Prepare Five Tax Returns."
Many legally married gay and lesbian couples are delighted by the change in federal income tax rules that treats them like other married couples. But state-by-state rules continue to create tax-time turmoil.
March 28, 2014
LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey McDonagh, Quoted in 10,000 Couples Article, "Experts Respond to Federal Recognition of Michigan Same-Sex Marriages."
Today’s ruling by the federal government granting full federal recognition to the same-sex marriages performed last week in the State of Michigan carries important tax and estate-planning consequences for those new families, according to LGBT tax experts at Marcum LLP.
March 24, 2014
Alan Griffith, California Partner-In-Charge of Tax & Business Services, Interviewed in Orange County Business Journal Article, "International Business."
How has the use of technology impacted how your clients run their international businesses - are they willing to make the investment in this economy?

Alan Griffith from Marcum: Spurred by the information technology (IT) revolution, trade liberalization and other economic reforms, the size of the global economy doubled. Technological changes have reduced the costs of communication and transportation, and a reduction of trade barriers. Businesses going international must make the investment in technology or be left behind.

March 24, 2014
Alan Griffith, California Partner-In-Charge of Tax & Business Services, Interviewed in Orange County Business Journal Article, "International Business."
How has the use of technology impacted how your clients run their international businesses - are they willing to make the investment in this economy?

Alan Griffith from Marcum: Spurred by the information technology (IT) revolution, trade liberalization and other economic reforms, the size of the global economy doubled. Technological changes have reduced the costs of communication and transportation, and a reduction of trade barriers. Businesses going international must make the investment in technology or be left behind.

March 21, 2014
Heather Bearfield, Principal, Assurance Services, Featured in The Metropolitan Corporate Counsel Article, "Pay Attention: While Malicious External Cybersecurity Threats Abound, Many Others Are Hidden In Plain Sight."
The Editor interviews Heather Bearfield, Principal in Marcum LLP’s Boston office and National Technology Assurance Services Practice Group Leader.
March 21, 2014
Marcum Workplace Challenge Highlighted in Long Island Business News Article, "LI Firms Play Ball to Boost Camaraderie, Morale."
Studies have linked workplace-based sporting activities to better teamwork, higher morale, increased corporate loyalty and, as a result, heightened production. Many organizations have even seen rosier bottom lines thanks to work-related sports, especially when the activities involve other businesses.
March 20, 2014
Marcum LLP Featured in Providence Journal Article, "Once-Bankrupt Central Falls Now Posts $1.7 Million Surplus."
Things are looking up in Central Falls, the first city in state history to be declared bankrupt in federal court.
March 20, 2014
LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey McDonagh, Quoted in Reuters Article, "How to Sort Through the Changes for Same-Sex Tax Filers."

Married same-sex couples this year will file their U.S. income tax returns just like heterosexual married couples because of the Supreme Court's decision in June to strike down key parts of the Defense of Marriage Act.

March 19, 2014
Marcum LLP Featured in The Metropolitan Corporate Counsel Article, "Marcum LLP Advances In National Accounting Industry Ranking."
Marcum LLP advanced to #15 in the 2014 Accounting Today Top 100 Firms survey, up from #16 last year.
March 18, 2014
Article by David Glusman, Partner-in-Charge of the Philadelphia Office and Michael Molder, Advisory Services Senior Manager, "Forensic Accounting Considerations in Med Mal Litigation," Featured in The Legal Intelligencer
Medical malpractice claims raise a variety of economic issues. In addition to fully understanding the medical and liability issues involved in the prospective matter, counsel for both the plaintiff and the defendant need to fully explore and document the economic claims.
March 17, 2014
David Glusman, Partner-in-Charge of the Philadelphia Office, Featured in Yahoo Finance Article, "Do I Need to Files Taxes if I'm Claimed as a 'Dependent'?"
March 17, 2014
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in Los Angeles Business Journal Article, "More Money Men."
Wealth management firms know that Rob Babek, a partner in charge of accounting firm Marcum’s Century City office, keeps the books for some of the richest families in Los Angeles.

Which is why at least twice a week, Babek gets cold calls from brokers and investment advisers. They’re pretending they can help him drum up business, but really they’re looking for an in with his wealthy clientele.

March 14, 2014
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Featured on Fox Business' The Willis Report - The Red Flags that can Trigger an Audit
Joseph Perry, Firmwide Partner-in-Charge of Tax & Business Services, discusses some of the red flags that can trigger an audit, with Fox Business' Gerri Willis.
March 12, 2014
Joseph Perry, Partner-in-Charge, Tax & Business Services, Quoted in Long Island Business News Article, "Firms Consider Changes in 401(k) Matching."
AOL’s recent attempt to make matching contributions to its employees’ 401(k) plans in one annual lump sum sparked plenty of employee backlash.

Although AOL ultimately reversed the change, several major companies – including IBM and JPMorgan Chase – pay their matching funds once a year, rather than through regular payroll checks. And as evidenced by AOL, more companies are considering this cost-saving measure.
March 7, 2014
Donald Crotty, Tax & Business Services Senior Manager, Featured in Newsday Article, “Tax Tips: Experts Answer Frequently Asked Questions.”

The April 15 tax deadline is closing in. Get organized now, or you may be caught in a last-minute scramble that results in mistakes and missed opportunities.

March 5, 2014
Janis Cowhey McDonagh, Tax & Business Services Partner, Interviewed in Think Advisor Article, "Honeymoon's Over: Helping Gay Couples Manage 2013 Tax Hikes."

Accountant and lawyer Janis Cowhey McDonagh helps same-sex married couples, and all taxpayers, navigate 2013 tax changes.

March 5, 2014
Heather Bearfield, National Technology Assurance Services Practice Group Leader, Featured in AP News Article, "Target Tech Chief Resigns as it Overhauls Security."

Target Corp.'s executive ranks have suffered their first casualty since hackers stole credit card numbers and other personal data of millions of the retailer's shoppers last year.

March 5, 2014
Heather Bearfield, National Technology Assurance Services Practice Group Leader, Quoted in Reuters Article, "Target Announces Technology Overhaul, CIO Departure."

Target Corp announced an overhaul of its information security practices and the resignation of its chief information officer as the retailer tries to reassure customers and investors after a massive data breach late last year.

March 4, 2014
Joseph Perry, Partner-in-Charge, Tax & Business Services, Featured in Daily Finance Article, "Will You Get Audited This Year?"

The Internal Revenue Service is on the prowl - possibly for you. Thanks to improved detection systems and computerized checks, the IRS can more easily identify red flags that trigger audits, says Joseph Perry, a partner at Marcum, a public accounting firm.

March 3, 2014
Heather Santonino, Tax & Business Services Manager, Featured in Long Island Business News Article, "Why Your MBA May Cost More Than It Used To."

Your MBA may have just got a little more expensive, even if tuition's exactly the same.

Although a Masters in Business Administration is a popular means of growing income and advancing professionally, a recent tax court ruling could increase the price tags for certain students.

March 1, 2014
Article Co-Authored by Donald Zidik, Tax & Business Services Senior Manager, "Individual Taxation: Digest of Recent Developments: Part I," Featured in AICPA’s The Tax Advisor
March 1, 2014
Article Co-Authored by Donald Zidik, Tax & Business Services Senior Manager, "Considerations for Filing Composite Tax Returns," Featured in AICPA’s The Tax Advisor
Many states allow a passthrough entity to file a composite return on behalf of its nonresident individual owners in lieu of each owner filing his or her own nonresident return to report and pay tax on his or her share of state income from the entity. A composite return is an individual return filed by the passthrough entity that reports the state income of all the nonresident owners or, in some cases, the electing members, as one group. Filing the composite return can also relieve the passthrough entity of the withholding requirement that many states impose on passthrough entities with nonresident owners.
February 28, 2014
Marcum LLP Featured in Boston Business Journal Article, "Massachusetts Accounting Sector's Strength Hinges, in Part, on Broader Economy's Prolonged Weakness."

Job security is always relative, depending on the industry and the state of the economy. Although few sectors have seen anything close to stability during the years-long malaise that's persisted over much of the labor market since the recession officially ended in 2009.

February 28, 2014
Article By Shaun Blogg, Partner-in-Charge, West Palm Beach Office, "Tax Benefits of Florida for Hedge Funds and Private Equity," Featured in HFMWeek
When doing business in Florida, it’s not about the taxes you pay; it’s about the taxes you don’t pay!

This being the case, Florida has long been a centre for new and expanding business, especially in the ‑ financial and service sectors, and has recently become the focal point for the relocation of hedge funds and private equity.
February 27, 2014
Janis Cowhey McDonagh, Tax & Business Services Partner, Featured in San Francisco Chronicle Article, "Married Same-Sex Couples Get New Tax Breaks."

For the first time ever, married same-sex couples will be required to file federal income taxes as married, either jointly or separately, and will have the opportunity to amend their last three returns using a married filing status. For some unions, this could mean a nice refund.

February 27, 2014
Janis Cowhey McDonagh, Tax & Business Services Partner, Featured in Business Insider Article, "Married Same-Sex Couples Get New Tax Breaks."

For the first time ever, married same-sex couples will be required to file federal income taxes as married, either jointly or separately, and will have the opportunity to amend their last three returns using a married filing status. For some unions, this could mean a nice refund.

February 25, 2014
Timothy Larson, Partner-in-Charge, Tax & Business Services New York, Interviewed in The Metropolitan Corporate Counsel Article, "A New International Tax System? Finding The Middle Ground."

The Editor interviews Timothy R. Larson, Leader of the International Tax Practice and Tax Partner-in-Charge in the New York City office of Marcum LLP.

February 25, 2014
Heather Bearfield, National Technology Assurance Services Practice Group Leader, Quoted in Reuters Article, "360 Million Newly Stolen Credentials on Black Market: Cybersecurity Firm."

A cybersecurity firm said that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access.

February 24, 2014
David Glusman, Partner-in-Charge of the Philadelphia Office, Featured in NJBIZ Article, "Playing the Numbers."

From finding fraud to calculating damage, forensic accountants are in great demand.

February 24, 2014
Janis Cowhey McDonagh, Tax & Business Services Partner, Featured in The New York Times Article, "For Same-Sex Marrieds, a Tax Season to Look Back."

Tax season doesn't usually stir up emotions about the meaning of family and equal rights.

But this year is different, at least for the tens of thousands of same-sex married couples who, for the first time, will be required to file federal income tax returns that reflect their married status. Whether couples ultimately owe more in taxes or receive big refunds, for many of them, it will provide a long-awaited sense of validation.

February 21, 2014
Marcum LLP's Merger with Thomas E. Finn P.C. Featured in Accounting Today's "M&A Roundup"

Thomas E. Finn, P.C. has merged with Marcum LLP. Thomas Finn and Ari Maunula have joined Marcum's New England region as partners.

February 21, 2014
Greg Giugliano, Firmwide Partner-In-Charge of Assurance Services, Featured in Long Island Business News Article, "Accountants Revolt Against Oversight Plan."

A regulator's plan to require accounting firms to name the lead partners working on individual audits has sparked a firestorm of opposition.

February 20, 2014
Steve Boultbee, Tax & Business Services Senior Manager, Featured in San Francisco Chronicle Article, "Deducting for a Home Office can be Streamlined this Year."

It's not often that something in the tax code gets easier, which makes the new simplified home office deduction noteworthy.

February 20, 2014
Marcum LLP's Merger with Thomas E. Finn P.C. Featured in Private Asset Management Article, "Marcum Acquires CT Accounting Firm."

Greenwich, Conn.-based accounting firm Thomas E. Finn P.C. has merged into Marcum LLP.

February 17, 2014
Article by Maury Cartine, Partner-in-Charge of Marcum’s National Alternative Investment Industry Group Tax Department, "Increased Tax Rates and the Net Investment Income Tax – A Galactic Collision of Forces," Featured on AllAboutAlpha.com
Researchers predict that the Andromeda Galaxy will collide with our very own Milky Way Galaxy in approximately four Billion years. When that happens, life on Earth will be eliminated for certain. “So what”, you say with a smile. Well, time sneaks up on all of us and as 2013 becomes only a memory, investment managers and investors will face a tax collision of galactic proportions on their 2013 income tax returns.
February 14, 2014
Hugh Tama, Partner-In-Charge, Northern California Region, Featured in San Francisco Business Times Article, "What Will be the Biggest Surprise for Your Profession in 2014?"

What Will be the Biggest Surprise for Your Profession in 2014?

February 14, 2014
Daniel Effron, State & Local Tax Practice Leader and Raymond Kelly, Tax & Business Services Partner, Featured in Long Island Business News Article, "Bankers Balking at Cuomo's Tax-Code Proposal."

Gov. Andrew Cuomo is pitching new regulations he says will boost the economy by lowering tax bills for most businesses – but could increase the burden at many community banks.

February 14, 2014
Shaun Blogg, Partner-in-Charge, West Palm Beach Office, Featured in South Florida Business Journal Article, "Venture Capitalists Say They're Looking Locally for a Good Fit."

There's a growing call to tap into more venture capital from local sources, as Florida startups bemoan the lack of in-state investors willing to bank on their innovative ventures.

February 12, 2014
Article by Frank Rudewicz, Advisory Services Principal & Brad Taylor, Advisory Services Director, "Forensic Accounting: At Crossroads of Business Valuation, Forensic Accounting," Featured in Connecticut Law Tribune
Business valuation methods are commonly used by practitioners to assess damages in litigation, prepare for mergers and acquisitions, and properly anticipate estate planning. Valuation, however, is not just a "back of the envelope" exercise. Often times, the financial data on the books and records may not tell the entire picture. A deeper analysis is often necessary to find the explanations behind the numbers.
February 9, 2014
Daniel Effron, State & Local Tax Practice Leader, Quoted in The New York Times Article, "Cuomo's Tax Overhaul Plan Distresses Some Who See a Windfall for Banks."
Gov. Andrew M. Cuomo is pushing for New York to rewrite how the state taxes the banking industry, hoping to discourage financial services companies from migrating to other states.
February 9, 2014
Ronald Finkelstein, Tax & Business Services Partner, Quoted in The Wall Street Journal Article, "Ten Ways You’re Probably Leaving Money on the Table."
Tax-advantaged accounts, property-tax appeals, insurance discounts. They're all there for the taking - but many people don't.
February 9, 2014
David Glusman, Partner-in-Charge of the Philadelphia Office, Quoted in Scranton Times-Tribune Article, "Same-Sex Couple File Jointly on Federal Return."

In addition to the joys of the ceremony, the honeymoon and setting up a household, some gay and lesbian couples in Pennsylvania will share another responsibility of marriage - filing joint taxes.

February 5, 2014
Michael D'Addio, Tax & Business Services Principal, Quoted in CNBC.com Article, "The Obamacare Tax Deconstructed."

Several developments related to the Affordable Care Act will be hitting many filers in the pocketbook this tax season, but they need to keep an eye on two other issues that could begin affecting millions of people next tax season.

February 3, 2014
Rob Babek, Tax & Business Partner, Quoted in Los Angeles Business Journal Article - Cameras Rolling
The California Film Commission has published a glossy magazine to tout the state’s locations as part of its battle to stem the loss of entertainment production.
January 31, 2014
Donald Zidik, Senior Manager, Tax & Business Services, Featured in The Wall Street Journal Article, "Don’t Make These Tax Mistakes."
How should you feel about this year's taxes? It's complicated

The Internal Revenue Service opened its filing season Friday, and by midnight on April 15 the agency expects to hear from individual taxpayers filing nearly 150 million returns for 2013.

January 31, 2014
David First, Partner-in-Charge of Trusts and Estates Practice Group, Featured in Bloomberg BNA Article, "Advisers Applaud Extension of Deadline for Filing Portability, Say it Will Affect Many."
Reaction to the Internal Revenue Service's recent announcement that it would extend the filing deadline for claiming portability was roundly applauded by practitioners, who said it will give those who missed the deadline more time to file the form and claim a decedent's unused estate tax exclusion amount.
January 29, 2014
Jules Seshens, Philadelphia Director of Business Development, Discusses the Research & Development Tax Credit on Money Matters TV Program
Marcum LLP’s Philadelphia Director of Business Development, Jules M. Seshens, was invited to present the features, benefits, and incentives of the Research & Development Tax Credit on Money Matters.
January 27, 2014
Marcum SEC Practice Group Featured in The Metropolitan Corporate Counsel Article, "Marcum Leads Audit Industry In SEC Client Gains For Fourth Quarter."
Marcum LLP, a top national accounting and advisory firm, secured more net new Securities and Exchange Commission clients in the fourth quarter of 2013 than all other national audit firms, including the Big Four. According to Audit Analytics data published today in Accounting Today, Marcum’s SEC practice had a net gain of five new SEC clients for the quarter, a period during which six of the top 12 firms posted net losses or zero change in SEC engagements.
January 24, 2014
Marla Esan, Senior Manager, Tax & Business Services, Quoted in Long Island Business News Article, "New State Laws Revamp NY's Nonprofit Sector"
Modernizing antiquated regulations, easing financial burdens and approving new technological protocols are among the functions of new state laws targeting nonprofit organizations.

As of this coming July, the New York Nonprofit Revitalization Act of 2013 will take some bold steps – including higher thresholds where mandatory audits kick in, new rules allowing board members to meet via conference call and video and overhauled conflict-of-interest and merger policies – with the ultimate goal of attracting new not-for-profit groups to New York.

January 23, 2014
Nanette Lee Miller, Leader of the LGBT Practice Group, Quoted in San Francisco Bay Times Article, "Top Tax Planning Tips for Same-Sex Married Couples."
“Since the Defense of Marriage Act was invalidated by the Supreme Court in June, 2013 is the first tax year same-sex married couples will be able to file joint federal tax returns,” LGBT Practice national leader Nanette Lee Miller said in a statement.
January 16, 2014
Janis Cowhey McDonagh, Tax & Business Services Partner, Quoted in CNBC.com Article, "What Same-Sex Couples Need to Know About Taxes."
Something new, exciting and a bit scary is coming this tax season for some same-sex couples across the country: For the first time, they will file as "married" on their federal return.
January 15, 2014
Daniel Effron, State & Local Tax Practice Leader, Interviewed in Bloomberg BNA Article, "Incentives Watch: Practitioner Spells Out the Upside of New Jersey’s GrowNJ Program."

In this interview, Daniel Effron, a tax partner at accounting firm Marcum LLP in New York City, discusses some of the opportunities created by the revamped GrowNJ program.

January 15, 2014
Marcum LLP's Merger with Braver PC Featured in Rhode Island Small Business Journal Article, "Braver PC Merges into Marcum LLP."
Marcum LLP, a top national accounting and advisory firm, today announced a merger with Braver PC, a full-service regional accounting firm with offices in Needham, MA, and Providence, RI. Effective January 1, three Braver divisions, including Accounting, Business Strategies and Valuation Services, joined Marcum.
January 13, 2014
Marcum LLP's Merger with Braver PC Featured in Accounting Today Article, "Braver PC Merges into Marcum LLP."
Marcum LLP has added three divisions of Braver PC to its roster.

Marcum picked up the accounting division, business strategies and valuation services from Braver. According to Marcum’s spokeswoman, Braver’s two remaining divisions, Braver Wealth Management and Technology Solutions, will operate independently under the Braver name.

January 13, 2014
Marcum LLP's Merger with Braver PC Featured in Long Island Business News Article, "Marcum Merger Boosts New England Presence."

Marcum has merged more than 100 staff and 14 partners from New England-based accounting firm Braver into its operations, expanding into Rhode Island and growing in Massachusetts.

January 13, 2014
Marcum LLP's Merger with Braver PC Featured in Providence Business News Article, "Three Braver PC Divisions Merge with Marcum LLP."
Braver PC, a regional accounting firm with offices in Providence and Needham, Mass., merged its accounting, business strategies and valuation services divisions with national accounting and advisory firm Marcum LLP effective Jan. 1, the New York-based company announced Monday.
January 13, 2014
Marcum LLP's Merger with Braver PC Featured in The Boston Business Journal Article, "Marcum Strengthens Foothold with Braver Acquisition."

The consolidation of the region's accounting firms continues, this time with the acquisition of Needham's Braver PC by New York-based Marcum LLP.

January 13, 2014
Marcum LLP's Merger with Braver PC Featured in CPA Practice Advisor Article, "Braver Accounting Firm Merges into Marcum LLP."
Braver PC, a full-service regional accounting firm with offices in Needham, MA, and Providence, RI, has merged into Marcum LLP, a top national accounting and advisory firm, effective January 1. All three Braver divisions, including Accounting, Business Strategies and Valuation Services, joined Marcum.
January 8, 2014
Article by Michael Molder, Advisory Services Senior Manager and David Glusman, Partner-in-Charge of the Philadelphia Office, "Supreme Court’s Daubert Guidance is Alive and Well," Featured in The Legal Intelligencer
One would expect that, in the more than 20 years since the U.S. Supreme Court’s seminal decision regarding admissibility of expert witness testimony, the parameters of proving fundamental issues would no longer be fodder for preclusion motions.
January 2, 2014
Ronald Friedman, Retail Practice Leader, Quoted in Women’s Wear Daily Article, "IPO Fever to Continue in 2014."
If 2013 was a watershed year in the initial public offering cycle, then 2014 could see more firms eyeing the stock market.

According to IPO investment advisory firm Renaissance Capital, global IPO issuance rebounded in 2013, with annual IPO proceeds increasing 37.5 percent to $137 billion. That’s the largest rise in proceeds since 2004, when U.S. IPOs had annual proceeds totaling $51.9 billion. That was the year that saw Google’s $1.7 billion IPO.

January 1, 2014
Daniel Effron, State & Local Tax Practice Leader, Featured in Accounting Today Article, "No Sale at the Supreme Court."

The Supreme Court's decision to stay out of the legal battle over New York's attempt to collect online sales tax is expected to increase pressure on Congress to move forward with the stalled Marketplace Fairness Act, as well as opening the door to increasing numbers of states passing their own Amazon laws.

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