Marcum LLP
Tax & Business

Family Wealth Services - Philanthropy Planning & Private Foundations

Watch and Money

Marcum can manage the administrative and back office functions necessary to operate a private foundation, allowing more time and effort to be focused on furthering the organization's charitable mission.

GET IN TOUCH
Contact one of Marcum's regional representatives.

ASK MARCUM

Related Services:     Marcum Family Office   |   Philanthropy Planning & Private Foundations   |   Private Client Tax Services   |   Trusts & Estates

Scope of Services

Philanthropy Planning Services

  • Charitable strategies using donor advised funds, charitable remainder trust, charitable lead trusts and private foundations.
  • Sophisticated gifting and estate planning strategies.
  • Coordinate with charitable organizations to structure special gifts such as university chairs, fellowships, trusts and annuities.
  • Engaging heirs in philanthropic endeavors.

Private Foundation Services

  • Prepare and file the application for recognition of exemption.
  • Preparation of foundation tax returns,including unrelated business income tax returns, if applicable.
  • Preparation and filing of quarterly excise taxes.
  • Perform full charge bookkeeping, financial statement preparation and accounting services.
  • Management of charitable activities including charitable grant making; compliance of 5% distribution requirement and expenditure responsibility.
  • Oversee public disclosure compliance and governance.
  • Authentify and oversee full compliance with regard to prohibited transactions such as self dealing, jeopardizing transactions or excess business holdings.
 

TAX REFORM INSIGHTS

Stay Informed about the Latest Developments in National Tax Reform

  VIEW TAX REFORM INSIGHTS
 
 

Related News

Bloomberg News quoted Mid-Atlantic Regional Tax Partner-in-Charge Edward Reitmeyer, in an article about the October 15 tax filing deadline, the first under the Tax Cuts & Jobs Act of 2017.


As Seen In

Bloomberg News quoted Mid-Atlantic Regional Tax Partner-in-Charge Edward Reitmeyer, in an article about the October 15 tax filing deadline, the first under the Tax Cuts & Jobs Act of 2017.

Ed Reitmeyer, the Mid-Atlantic regional partner-in-charge [of Tax Services] at accounting firm Marcum LLP, said he emailed his staff in late July and September to ....

The Impact of the TCJA on Charitable Organizations


Tax Flash - Nonprofit & Social Sector

The Impact of the TCJA on Charitable Organizations

Many sources are predicting that charities may see a substantial difference when individuals start filing their 2019 returns as individuals become more familiar with potential ....

Hartford Business Journal quoted Nonprofit Tax Leader Frank Smith in an article about the impact of the new tax law on fundraising.


As Seen In

Hartford Business Journal quoted Nonprofit Tax Leader Frank Smith in an article about the impact of the new tax law on fundraising.

Some local nonprofits are seeing fewer donations in wake of federal tax law changes.

The Hill published an article by Nonprofit Tax Leader Frank Smith about the misunderstood world of private foundation tax rules.


As Seen In

The Hill published an article by Nonprofit Tax Leader Frank Smith about the misunderstood world of private foundation tax rules.

Beyond the media craze and the flexing of muscles by the New York Attorney General's Office and advisers of the Trump Foundation, there are lessons ....

TriplePundit published 20 Questions for Private Foundations from Raffa - Marcum's Nonprofit & Social Sector Group


As Seen In

TriplePundit published 20 Questions for Private Foundations from Raffa - Marcum's Nonprofit & Social Sector Group

Raffa - Marcum's Nonprofit and Social Sector Group, a service of Marcum LLP, recommends 20 questions that can help guide private foundations in remaining compliant ....

20 Questions for Private Foundations from Raffa-Marcum’s Nonprofit & Social Sector Group


Press Release

20 Questions for Private Foundations from Raffa-Marcum’s Nonprofit & Social Sector Group

Raffa - Marcum's Nonprofit and Social Sector Group, a service of Marcum LLP, recommends 20 questions that can help guide private foundations in remaining compliant ....

Accounting Today announced the availability of the 2018 Marcum Year-End Tax Guide.


As Seen In

Accounting Today announced the availability of the 2018 Marcum Year-End Tax Guide.

Marcum LLP released its 2018 Year-End Tax Guide on Wednesday, providing advice to taxpayers and tax professionals about how to handle the Tax Cuts and ....

Marcum LLP Releases 2018 Year-End Tax Guide: Reference Tool for Tax Planning


Press Release

Marcum LLP Releases 2018 Year-End Tax Guide: Reference Tool for Tax Planning

Marcum LLP today released its 2018 Year-End Tax Guide. This year's guide includes 17 chapters discussing how taxpayers are affected by the Tax Cuts & ....

Tracing of Interest Expense Related to Debt-Financed Distributions


Tax Compliance

Tracing of Interest Expense Related to Debt-Financed Distributions

When proceeds are received from a loan, there are various tax consequences depending on whether the borrower is the taxpayer or an entity owned by ....

2018 Gift and Estate Tax Changes under the Tax Cuts and Jobs Act: Transfer More Wealth Tax-Free


Tax Reform

2018 Gift and Estate Tax Changes under the Tax Cuts and Jobs Act: Transfer More Wealth Tax-Free

The Tax Cuts and Jobs Act (TCJA) of 2017 introduced a wide array of changes to most areas of the tax law beginning with the ....

Inc. magazine quoted Mid-Atlantic Regional Partner-in-Charge of Tax & Business Services Ed Reitmeyer in an article about errors in the new federal tax law that could cost taxpayers big money.


As Seen In

Inc. magazine quoted Mid-Atlantic Regional Partner-in-Charge of Tax & Business Services Ed Reitmeyer in an article about errors in the new federal tax law that could cost taxpayers big money.

Many entrepreneurs have celebrated President Trump's signature legislative achievement, the 2017 Tax Cuts and Jobs Act, for decreasing their annual tax bills.

FASB's Q&A Guidance on the Impact of Tax Reform on Financial Accounting


Tax Flash - Tax Return Compliance

FASB's Q&A Guidance on the Impact of Tax Reform on Financial Accounting

After the Tax Cuts and Jobs Act was passed, concerns were raised to the Financial Accounting Standards Board regarding implementation of certain provisions of the ....

Family Wealth Services Brochure

Family Wealth Services Brochure

DOWNLOAD
 
 

Contacts

Select the region to view contacts.

David  Appel, Senior Partner, Tax & Business
Senior Partner
Tax & Business
Miami, FL
FL

Robert L. Babek, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
Los Angeles, CA
CA

Shaun  Blogg, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
West Palm Beach, FL
FL

Marla  Esan, Director, Tax & Business
Director
Tax & Business
Melville, NY
NY

Ronald  Finkelstein, Partner, Tax & Business
Partner
Tax & Business
Melville, NY
NY

David  First, Partner, Tax & Business
Partner
Tax & Business
New York, NY
NY

 
Rorrie  Gregorio, Family Office Leader, Tax & Business
Family Office Leader
Tax & Business
New York, NY
NY

Kathleen  Lens, Partner, Tax & Business
Partner
Tax & Business
Philadelphia, PA
PA

Carolyn  Mazzenga, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
Melville, NY
NY

Thomas  McGlone, Partner, Tax & Business
Partner
Tax & Business
Philadelphia, PA
PA

John J. Mezzanotte, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
Greenwich, CT
CT

Jeffrey  Saltzer, Partner, Tax & Business
Partner
Tax & Business
New York, NY
NY

 
 
2019 YEAR-END TAX GUIDE

The Marcum Tax Guide is a reference to be used when you need a quick refresher on certain tax aspects.

 
 
HAVE A QUESTION? ASK MARCUM
 
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

Privacy Policy

This website uses cookies to learn how visitors interact with our website so that we can improve our services and your online experience. By using this website, you agree to our privacy policy.