June 20, 2012

Marcum LLP Launches National LGBT & Non-Traditional Family Practice Group

Marcum LLP Launches National LGBT & Non-Traditional Family Practice Group
Modern Family & LGBTQ Services

Firm Seeks to Help Non-Traditional Families Navigate Fragmented and Changing Financial and Tax Regulations

New York City, NY – Marcum LLP, a leading national accounting, tax and advisory firm, today announced the formation of its national Lesbian, Gay, Bisexual and Transgender (LGBT) and Non-Traditional Family practice group. The practice was created to serve the growing needs of this broadly underserved market contending with the fragmented and changing landscape of tax and financial laws and regulations.

Marcum’s interdisciplinary group consists of professionals with more than 20 years of experience dealing with the tax and financial rules faced by LGBT couples and families, state-by-state and around the country. Additionally, this group is equipped to handle consulting services for members of the LGBT community, such as business formation, wealth transfer and other business and individual complications that may arise.

“Whether they are married, single, domestic partners or divorced, LGBT and non-traditional families deal with tax and financial issues that are byzantine, at best,” said Nanette Lee Miller, the group’s national leader and Partner-in-Charge of Assurance Services for Marcum’s California offices. “LGBT and Non-Traditional Family accounting matters can be legislated by national, state or local government groups, or by regulation or judicial decision, requiring true expertise to navigate this complex web. Each of Marcum’s offices can provide the knowledge and experience to solve these challenges, no matter where needs arise.”

Marcum’s LGBT and Non-Traditional Family Practice group provides the following services:

Tax – Planning and Compliance
  • Individuals
  • Trusts
  • Estates
  • Family partnerships
  • Small Business Corporations
  • IRS and State Audit Representation
  • Limited Liability Corporations

Family Office

  • Family office services in an a la carte environment
    • Bill paying
    • Investment Monitoring
    • Real property Financial Management
    • Investment Monitoring/Financial Reporting
    • Medical Reimbursement and Advocacy
    • Risk Management and Insurance Review

Business Services – Assurance and Consulting

  • Audit/Review/Compilation
  • Public or Private Companies
  • Organizational Structure Review
  • Income Allocation Planning
  • Succession Planning
  • Back Office Operational Assistance
  • Forensic Services and Valuation

For more about Marcum’s LGBT and Non-Traditional Practice Group, visit https://www.marcumllp.com/services/taxandbusiness/LGBT-non-traditional-fpg.

Marcum offers industry leading expertise across a wide range of specific areas including SEC, Alternative Investments, Retail, Manufacturing, Construction, Health Care, Technology, Governmental Entities and many others.