David S. Appel is a senior partner in Marcum’s Tax & Business Services division and National Leader of the Firm’s EB-5 Investor Services Practice Group. With more than 30 years of multidisciplinary experience in domestic and international taxation, Mr. Appel focuses his practice on family business tax strategy and consulting services.
He has addressed complex issues of estate, succession and retirement planning, including family wealth preservation and transfer to future generations.
Mr. Appel heads the Firm’s Florida tax consulting services group and serves on the Florida Operations Committee. He is also a member of Marcum’s Executive Committee.
Mr. Appel was awarded the designation of Personal Financial Specialist by the American Institute of Certified Public Accountants, in recognition of his considerable experience in personal financial planning. An expert in estate tax, international tax, business succession planning and family estate planning, he has presented on numerous occasions to banking institutions and municipalities and at various tax conferences.
He also speaks frequently on a variety of topics related to the federal EB-5 Regional Center Pilot Program, which was established in 1990 to stimulate the U.S. economy through job creation and foreign investment in U.S. commercial enterprises. As Leader of Marcum’s EB-5 Regional Center Services practice, Mr. Appel oversees a comprehensive range of accounting and regulatory compliance services for both EB-5 investors and the regional centers that administer funded projects, including management of investor reports; documentation of lawful sources of funds; design of accounting systems and internal controls; outsourced accounting services; USCIS compliance reporting; international investor tax services; independent CPA firm reporting; funds transfer accounting; review of financial pro-forma; and green card process and tax effects monitoring.
Professional & Civic Affiliations
American Institute of Certified Public Accountants (AICPA)
AICPA Tax Division
AICPA Personal Financial Planning Division
Florida Institute of Certified Public Accountants (FICPA)
Estate Planning Council of Greater Miami
Articles, Seminars & Presentations
Tax Strategies for Foreign Investment in US Real Estate, Chinese Investment in the US Real Estate Forum, June 2012
Source of Fund Verification and Pre-immigration Taxation, Annual EB-5 Finance and Investment Forum, March 2012
Tax Issues Associated with Discharge of Indebtedness, Marcum LLP Annual CPE Seminar, January 2012
AICPA National Conference on Financial Planning
AICPA National Conference on Estate Planning
Family Firm Institute National Conference
Heckerling Institute on Estate Planning
Tax strategies for Foreign Investment, EB-5 Summit for Attorneys and Developer - February, 2013
Source of Funds verification and pre-immigration taxation National EB-5 Finance Seminar Tour with Greenberg Traurig - March 2013
Source of Funds verification and pre-immigration taxation EB-5 Investment Summit: Dealmakers Conference - May 2013
Articles - Eb-5 Insights: How Government policy can provide Private Equity Managers with an alternative method to raise capital: Marcum Private Investments Forum - March 2013
Source of Funds verification and pre-immigration taxation: 2013 Invest in America Conference -March 2013
EB-5 Investor Based Immigration: EB-5 From Start to Finish PINCUS Professional Education - August 2013
Awards & Recognition
2006 Key Partner Award, South Florida Business Journal Accounting-General Winner