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While there is some dispute about who uttered the famous encouragement to business leaders to "Do well by doing good," there's no debate about its legitimacy and relevance in American business. You'd be hard-pressed to find a business, whether an international conglomerate or a local dry cleaner, that doesn't commit to giving something back to its community. Sometimes, it may be vast sums of money and sometimes it is a dozen little league jerseys - either way, corporate giving is a part of the American business culture for good.

Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article "Bullish Holiday Shoppers are Eager to Spend."

Holiday shoppers were back in force Friday, clutching gift cards, searching for deals, returning unwanted presents and feeling pretty good about the year ahead.

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in <em>South Florida Business Journal</em> Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in South Florida Business Journal Article, "Michael Balter on how his Experience has Served him well as a CPA."

For Michael Balter, accounting is as much about people as balance sheets.

He has spent much of the past month - his first at Marcum LLP - just listening to what the firm's employees had to say. Over the course of his career, he has found that the right blend of hospitality and psychology adds up to a full-service approach to accounting.

 
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in South Florida Business Journal Article,


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Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in South Florida Business Journal Article, "What a Proposed Rule Could Mean for LGBT Couples' Health Coverage."

Health care insurers in Florida may have more customers after Jan. 6., when same-sex marriages could become legal in the state.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Associated Press Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Associated Press Article, "Sales for Holiday Shopping Season Comes Down to the Wire."

Despite an early start, sales data provided to The Associated Press shows that stores may once again have to rely on procrastinators to save the holiday shopping season.

 
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in Reuters Article,


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Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in Reuters Article, "Sell Your Investment Losers for a Holiday Tax Present."

In the few days left between now and year-end, when you're buying last-minute holiday gifts and making New Year's plans, you'll want to review your investment portfolio and figure out what to sell.

 
Article by Jeffrey Winkleman, Tax Services Partner and Michael Brady, Tax Services Senior Manager,


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Article by Jeffrey Winkleman, Tax Services Partner and Michael Brady, Tax Services Senior Manager, "Surprise! The Government has a Holiday Gift for your Business. Can you Open it?" Featured in Philadelphia Business Journal

Last Friday, the U.S. House of Representatives pulled a fast one. They approved a bill allowing several tax incentives that had expired at the end of 2013 to be extended through December 31 of this year. Although there is no certainty, it is likely that the bill will get final approval by the Senate and the President for 2014, and there is also broad consensus that the incentives will be extended into the future.

 
 Drew Bernstein, Co-Managing Partner of Marcum Bernstein & Pinchuk, Interviewed in The Metropolitan Corporate Counsel


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Drew Bernstein, Co-Managing Partner of Marcum Bernstein & Pinchuk, Interviewed in The Metropolitan Corporate Counsel "China Presents Unique Challenges for Auditors"

Our business principally consists of auditing Chinese companies that are publicly traded on U.S. exchanges and U.S. companies with operations in China. But we also perform due diligence for investors and companies looking to invest in China. And we have recently begun assisting more Chinese investors to make investments here in the U.S., for instance, with immigration matters relating to the EB-5 program. This is a trend that is growing very fast.

 
Walter Jackson, Advisory Services Director, Quoted in Bloomberg Article,


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Walter Jackson, Advisory Services Director, Quoted in Bloomberg Article, "Abercrombie's Next CEO to Revamp Outdated Brand, Again."

Abercrombie & Fitch Co. (ANF), a former purveyor of safari gear that was reborn as a teen-clothing chain, is searching for its next incarnation.

 
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in Money's Article, Modern Family Finances, Discussing Tax Filing Options For Same-Sex Couples


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Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in Money's Article, Modern Family Finances, Discussing Tax Filing Options For Same-Sex Couples

Since the Supreme Court struck down the Defense of Marriage Act last year, gay spouses in states that have legalized such unions are now entitled to the same federal benefits as heterosexual married couples.

 
Robert Pesce, Partner-in-Charge of the Firm's New York City Accounting Services Department, Featured in Publishers Weekly Article


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Robert Pesce, Partner-in-Charge of the Firm's New York City Accounting Services Department, Featured in Publishers Weekly Article "Tax Strategy 101 for Indie Authors"

Books aren't the only thing self-published writers can write. Everything from printer paper to paper clips is a potential tax write-off. The trick is staying on top of expenses and knowing where to draw the line.

 
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in AccountingToday Article,


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Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in AccountingToday Article, "Marcum Releases Year-End Tax Guide."

Accounting firm Marcum LLP has released its annual Year-End Tax Guide for the national accounting and advisory firm's clients and others.

 
Philip Wilson, Partner-in-Charge of the California Region, Featured in Inside Public Accounting Article,


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Philip Wilson, Partner-in-Charge of the California Region, Featured in Inside Public Accounting Article, "Marcum LLP Admits Wilson as PIC of California Region."

New York-based Marcum LLP (FY13 net revenue of $350.2 million) has admitted Philip Wilson as PIC of the California region.In this newly created role, Wilson is responsible for overseeing all client services and business operations in Marcum's California offices and for the firm's business development and regional expansion statewide.

 
Michael D'Addio, Tax & Business Services Principal, Quoted in Private Asset Management Article,


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Michael D'Addio, Tax & Business Services Principal, Quoted in Private Asset Management Article, "Raising the Stakes."

Wealth advisors need to become more comfortable in the private investment space, the audience at PAM's latest breakfast briefing heard from a panel of four experts.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article, "Shoppers Scooping Up Deals on Black Friday After Thanksgiving Bargain Hunt."

Lines at some stores began forming early Thursday as consumers eschewed Thanksgiving dinner with an eye toward wolfing down discounted merchandise at any of approximately two dozen chains that were opening at some point during the holiday. On Friday, shoppers continued to stream into stores as retailers rolled out fresh deals to keep the momentum up through the Thanksgiving weekend.

 
Tracy Curley, Assurance Services Partner, Featured in Inside Public Accounting Article,


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Tracy Curley, Assurance Services Partner, Featured in Inside Public Accounting Article, "Marcum Admits Curley as Partner."

New York-based Marcum LLP (FY13 net revenue of $350.2 billion) has admitted Tracy Curley as an assurance services partner in the Boston office.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article, "Black Friday Highlights the Contrast Between Rich and Poor."

Discounters and mid-priced chains, eager to gain an edge on competitors for limited gift budgets, have again moved their opening times earlier into Turkey Day, with Kmart leading the pack by launching specials at 6 a.m. Higher-end retailers, however, are keeping their doors firmly shut until Friday

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in South Florida Business Journal Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in South Florida Business Journal Article, "Booming Economy Drains Talent Pool."

One way to take the pulse on a region's economy is to talk to an accountant with a big book of business.

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in FICPA Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in FICPA Article, "Michael Balter Joins Marcum LLP as Partner-in-Charge of Florida Region."

Michael Balter, CPA, has joined national accounting firm Marcum LLP as Partner-in-Charge of its Florida Region. He additionally serves as Partner-in-Charge of Assurance Services for the Florida Region and also has joined the Firm's Executive Committee.

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in Accounting Today Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in Accounting Today Article, "Marcum Hires Balter as Partner-in-Charge of Florida Region."

Michael Balter has joined Marcum LLP as partner-in-charge of the firm's Florida Region. He additionally serves as partner-in-charge of Assurance Services for the Florida Region and also has joined the firm's executive committee.

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in Inside Public Accounting Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in Inside Public Accounting Article, "Marcum Admits Balter as PIC of Florida Region."

Michael Balter has been admitted to New York-based Marcum LLP (FY13 net revenue of $350.2 million) as PIC of its Florida Region. He additionally serves as PIC of assurance services for the Florida Region and also has joined the firm's executive committee.

 
Michael Balter, Partner-In-Charge of the Florida Region, Featured in South Florida Business Journal Article,


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Michael Balter, Partner-In-Charge of the Florida Region, Featured in South Florida Business Journal Article, "Marcum Lands New Managing Partner for South Florida."

Marcum LLP, one of the nation's largest independent public accounting and advisory services firms, named a new partner in charge of its Florida region.

 
Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in Reuters Article,


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Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in Reuters Article, "The $1 Billion Divorce: Why Harold Hamm's Ex-Wife Didn't Win More."

Just how much of Harold Hamm's fortune was amassed through his skill and hard work?

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article "Does Eddie Bauer's Path to Growth Lead Through Urban Areas?"

Eddie Bauer's outwear is meant for active enthusiasts to pursue the great, open outdoors. But the company's future growth may rest on the shoulders of urban dwellers.

 
Edward Hackert, Assurance Services Partner, Featured in The Wall Street Journal Article,


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Edward Hackert, Assurance Services Partner, Featured in The Wall Street Journal Article, "How Mobile-Game Makers Account for Magic-Wand Sales."

When game companies change their assumptions it can skew their short-term results. Some virtual goods, like potions and spells, are good for a single use, and are accounted for as a one-time sale.

 
Anthony Delfiner, Tax and Business Services Partner, Featured in AccountingToday Article,


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Anthony Delfiner, Tax and Business Services Partner, Featured in AccountingToday Article, "Marcum Taps Delfiner as Partner in Philly Office."

Anthony Delfiner has joined the Philadelphia office of Marcum LLP as a Tax & Business Services Partner.

Delfiner specializes in providing integrated planning, compliance and consulting services to high net worth individuals and their closely held businesses.

 
Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in Reuters Article,


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Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in Reuters Article, "In Oil Baron's Divorce, Company Lawyer Plays Star Role."

During the divorce trial of oil baron Harold Hamm and wife Sue Ann, an unusual relationship took shape in the Oklahoma courtroom as the marriage was being dismantled.

 
Jeffrey Weiner, Managing Partner, Interviewed by <em>Journal of Accountancy</em>: What Makes a Successful Firm Merger & Role as Producer of Jason Bourne Movie Franchise


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Jeffrey Weiner, Managing Partner, Interviewed by Journal of Accountancy: What Makes a Successful Firm Merger & Role as Producer of Jason Bourne Movie Franchise

It's about attracting and retaining good talent. You give people a platform to work in where they can really excel, and you let them do their thing. You create an environment where people can be successful.

 
Robert Spielman, Tax and Business Services Partner, Quoted in Long Island Business News Article,


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Robert Spielman, Tax and Business Services Partner, Quoted in Long Island Business News Article, "Expiring Tax Breaks? It's Anyone's Guess."

While expert, informed number-crunching will always be the professional accountant's hallmark, the expiration of certain business-related tax breaks - and the possibility that some may be renewed - are making it difficult for accountants to make tax-planning decisions and otherwise advise clients.

 
Article by Mike D'Amario, Tax & Business Services Manager,


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Article by Mike D'Amario, Tax & Business Services Manager, "IRS Issues Safe Harbor Guidance for Allocating Rehabilitation Tax Credits to Investors," Featured in Bloomberg BNA

The Internal Revenue Service (IRS) issued guidance explaining the circumstances in which it will not challenge partnership allocations to its partners under 47, rehabilitation tax credits. Rev. Proc. 2014-12, 2014-3 I.R.B. 415, establishes the requirements of a safe harbor. According to the Rev. Proc., if the partnership follows the guidelines of the safe harbor, the IRS will not challenge the allocations of the 47 credit.

 
John Heller, Advisory Services Director, Quoted in The Metropolitcan Corporate Counsel Article,


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John Heller, Advisory Services Director, Quoted in The Metropolitcan Corporate Counsel Article, "Bankruptcy Issues for Healthy Companies: What Creditors Face."

The Editor interviews John L. Heller, Director in the Advisory Services Division of Marcum LLP and resident in the firm's Fort Lauderdale, Florida office.

 
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in The Motley Fool Article,


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Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in The Motley Fool Article, "30 States and Counting: Same-Sex Married Couples Are Winning Equal Financial Rights."

For a long time in the United States, the lesbian, gay, bisexual, and transgender, or LGBT, community has fought for equal rights - and lost. Sure, there were victories here and there, but there were also many setbacks.

 
Article by David Glusman, Advisory Services Partner and Michael Molder, Advisory Services Senior Manager,


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Article by David Glusman, Advisory Services Partner and Michael Molder, Advisory Services Senior Manager, "Memo to File: Protecting Attorney-Expert Communications," Featured in The Legal Intelligencer

As litigators, you are experts in trying cases. You intuitively know the difference between a motion to dismiss and one for summary judgment. You understand why you need to move for a directed verdict to protect the right to move for judgment non obstante veredicto. You are skilled in the chess match that is typical in litigationwho makes a good witness; how to present your client's story; in short, what it takes to move the fact-finder.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article, "5 Things the Next J.C. Penney CEO Will Absolutely Have To Do."

Marvin Ellison has his work cut out for him, needing to re-think everything from store-count to merchandising. After a year-long search, J.C. Penney finally named a new CEO on Monday: Marvin Ellison, the executive in charge of Home Depot's U.S. stores.

 
Article by Kurt Koegl, Tax & Business Services Senior Manager,


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Article by Kurt Koegl, Tax & Business Services Senior Manager, "The REIT Roll-Up: Unlocking Potential of Real Estate Assets," Featured in Real Estate Weekly

2013 saw 19 REIT IPOs raising $5.7 billion in capital, including the high-publicity Empire State Building IPO, which raised $930 million.

How did the Empire State Building REIT (Empire State Realty Trust; NYSE Ticker: ESRT) get to market?

 
Matthew Bavolack, National Healthcare Practice Leader, Quoted in Hartford Business Journal Article,


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Matthew Bavolack, National Healthcare Practice Leader, Quoted in Hartford Business Journal Article, "One CT Nursing Home's Path Out of Medicaid Morass."

Connecticut's reimbursement rate for its neediest nursing-home patients on Medicaid has risen just 1.2 percent in the seven years since the last increase of 2.9 percent in 2007.

 
Marcum Tech Top 40 Featured in Hartford Courant Article,


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Marcum Tech Top 40 Featured in Hartford Courant Article, "Norwalk's Datto Wins Tech Top 40 Two Years Running"

The Marcum Tech Top 40 honors companies in software, Internet and telecom, energy, life sciences and advanced manufacturing who are headquartered in Connecticut. Companies disclose sales figures to the Connecticut Technology Council, and if they had at least $50,000 in revenue in 2009 and at least $3 million in 2013, they're eligible for the honors.

 
Article Co-Authored by Russell Lightman, Tax & Business Services Partner,


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Article Co-Authored by Russell Lightman, Tax & Business Services Partner, "Saving Taxes and Enhancing the Value of Real Property" Featured in Real Estate Taxation

Saving taxes tends to drive most discussions between advisors and clients, but enhancing asset performance and principal protection are also worthy of consideration. By maximizing asset-class entities' and equities' performance as well as reviewing the applicability of making Section 1031 elections and using cost segregation, advice in these areas help clients achieve additional economic benefits they might not have considered on their own.

 
Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department,


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Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department, "Self-Employment Tax - Limited Partners Beware," Featured in All About Alpha

The IRS released Chief Counsel Memorandum CCA 201436049 on September 5, 2014 which provides guidance on the treatment of the exemption from self-employment tax under Section 1402(a)(13) of the Internal Revenue Code for a limited partner's share of profits.

 
Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in <em>Reuters</em> Article,


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Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Quoted in Reuters Article, "U.S. Oil Baron Rewrites His Company's History; Move Could Stave Off Record Divorce Payout."

The divorce trial of one of America's wealthiest men, oil baron Harold Hamm, plays out mostly in secret here at the Oklahoma County Courthouse. For weeks, signs have been taped to the door of Courtroom 121. CLOSED HEARING, one reads. The other: DO NOT ENTER.

 
Article by Drew Bernstein, Co-Managing Partner of Marcum Bernstein & Pinchuk,


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Article by Drew Bernstein, Co-Managing Partner of Marcum Bernstein & Pinchuk, "Betting On Jack Ma: Three Keys to Alibaba's Success," Featured in Forbes

The Alibaba Group IPO has all of Wall Street enthralled as the company hits the New York Stock Exchange. Little wonder, as this is a company of superlatives.

 
Jeffrey Zudeck, Partner-in-Charge of Philadelphia Office, Featured in Accounting Today Article,


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Jeffrey Zudeck, Partner-in-Charge of Philadelphia Office, Featured in Accounting Today Article, "Marcum LLP Hires Zudeck."

Jeffrey Zudeck has joined Marcum LLP as partner-in-charge of the firm's Philadelphia region.

 
Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Featured in The Wall Street Journal Article


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Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, Featured in The Wall Street Journal Article "Divorce, Sanford Style: Social Media and Mediation"

The Mark Sanford divorce saga has gone back behind closed doors: After a surge of attention to the South Carolina congressman's rambling Facebook post on Friday about his private life, a family-court judge said today that Mr. Sanford and his ex-wife, Jenny, have agreed to mediation on parenting issues and other concerns.

 
Edward Hackert, Assurance Services Partner, Featured in SmartCEO Article,


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Edward Hackert, Assurance Services Partner, Featured in SmartCEO Article, "Risk and Reward: How to Ensure Your M&A Transaction is Profitable."

No one goes into a merger or acquisition planning for it to fail, but there's no guarantee that any M7A transaction will succeed. Undertaking a successful merger or acquisition doesn't necessarily mean that it raises the company's production or increases its revenue. Sometimes the success of a merger comes from the ease of the transition, the combination of two cultures and even unforeseen benefits that many CEOs may not have thought of. Setting up for success relies heavily on the knowledge acquired and preparation done beforehand.

 
Anson Augustine, Assurance Services Partner and John Klenner, Assurance Services Partner Featured in Inside Public Accounting Article,


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Anson Augustine, Assurance Services Partner and John Klenner, Assurance Services Partner Featured in Inside Public Accounting Article, "Marcum LLP Names New Partners"

New York-based Marcum LLP (FY13 net revenue of $350.2 million) named two new partners. Anson Augustine and John Klenner are now assurance partners in the firm's New York City office. The appointments became effective Sept. 2.

 
Jeffrey Zudeck, Partner-in-Charge of Philadelphia Office, Featured in Inside Public Accounting Article,


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Jeffrey Zudeck, Partner-in-Charge of Philadelphia Office, Featured in Inside Public Accounting Article, "Marcum Adds Investment Bank CFO as Philly OMP"

Jeffrey Zudeck, CFO for investment banking firm Fundamental Holdings Ltd., has joined New York-based Marcum (FY13 net revenue of $350.2 million) as PIC of its Philadelphia regional offices. He will replace David Glusman, who has managed the firm's Philadelphia area operations since 2009.

 
Jeffrey Zudeck, Partner-in-Charge of the Philadelphia Office, Featured in Philadelphia Business Journal Article,


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Jeffrey Zudeck, Partner-in-Charge of the Philadelphia Office, Featured in Philadelphia Business Journal Article, "Marcum Adds Investment Bank CFO as Philly Office Managing Partner."

Jeffrey D. Zudeck, chief financial officer for investment banking firm Fundamental Holdings Ltd., has joined Marcum as partner-in-charge of its Philadelphia regional offices. He will replace David Glusman, who has managed the New York firm's Philadelphia area operations ever since it acquired 70-person Bala Cynwyd-based Margolis & Co. in 2009.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article, "Midwestern Grandmas are Your Prime Back-to-School Bargain Shoppers"

Retailers like Macy's, Gap, and Abercrombie & Fitch predictably trumpet their Labor Day discounts. But who exactly listens?

 
Marcum Featured in Inside Public Accounting Article,


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Marcum Featured in Inside Public Accounting Article, "Marcum LLP Forms Joint Venture with Tony Robbins"

New York-based Marcum LLP (FY13 net revenue of $350.2 million) announced the formation of a joint venture with Tony Robbins, a performance, life and business turn-around expert.

 
Marcum Featured in Accounting Today Article,


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Marcum Featured in Accounting Today Article, "Marcum Teams with Tony Robbins on CFO Service."

Marcum LLP has embarked on a joint venture with motivational speaker Tony Robbins to offer CFO-like services to small and midsize businesses.

 
Article by David Appel, Tax & Business Services Partner,


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Article by David Appel, Tax & Business Services Partner, "Planning Your Estate Now Can Prevent Problems in the Future" Featured in the South Florida Hospital News and Healthcare Report

No matter what your situation, there's no time like the present to make an estate plan. Whether you have young children, are retired, or have concerns about your health, it's important to make sure that your medical and financial wishes are honored now and in the future.

 
Article by Kimberly Polaski, Tax & Business Services Senior & Richard J. Casmirri, Tax & Business Services Manager,


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Article by Kimberly Polaski, Tax & Business Services Senior & Richard J. Casmirri, Tax & Business Services Manager, "IRA Strategies for Surviving Spouses" Featured in Philadelphia Estate Planning Council

When a spouse inherits an IRA (Traditional or Roth) from their deceased husband or wife, there are several planning strategies that the surviving spouse can follow in order to meet their specific needs.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fox Business Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fox Business Article, "Can Back-to-School Sales Predict the Holiday Shopping Season?"

The verdict is still out on back-to-school sales, causing retailers' to hold their collective breaths.

 
Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department,


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Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department, "Things Aren't Always What They Seem," Featured on HFM Week

It is simple; our failure to exercise proper due diligence in selecting an investment manager can have severe consequences that go well beyond choosing the wrong car.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Fortune Article, "Jordan Helps Foot Locker Score a Slam Dunk."

Sales of basketball and running sneakers continued to bolster Foot Locker's results, with demand from those that use the gear to play those sports and others that just like the look.

 
Article by David Glusman, Advisory Services Partner,


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Article by David Glusman, Advisory Services Partner, "Co-Management: A Win-Win Model for Hospital and Physician Relationships," Featured in Philadelphia Business Journal

A recent announcement by Independence Blue Cross (IBC) emphasizes the importance of hospitals and doctors continuing to develop win-win mechanisms for working together in response to payment reforms and quality initiatives that affect the future for both of them.

 
Article by Armand Rossi, Tax & Business Services Partner,


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Article by Armand Rossi, Tax & Business Services Partner, "Exit and Succession Planning" Featured in Connecticut Innovations

For the entrepreneur business owner, succession and transition planning is not only a complex proposition but also a difficult challenge. Deciding who will succeed the current generation in running the business, while also maximizing and preserving the value of the company built over years, requires careful deliberation and forethought. For the business seller, this can be the transaction of a lifetime.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in NPR Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in NPR Article, "Back-To-School Shoppers: Hunting for Tax Breaks and Bargains."

For millions of Americans, August is a month for relaxing and basking in the summer sunlight. Those are the people without children.

The households with students are likely to be scurrying around under the bright florescent lights of big-box stores, searching for back-to-school bargains on clothes, shoes, notebooks, backpacks, computers and dorm furniture.

 
Marcum's Tech Top 40 Event Featured in Hartford Courant Article,


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Marcum's Tech Top 40 Event Featured in Hartford Courant Article, "Marcum Announces Top 40 Tech Companies in Connecticiut."

The fastest growing technology companies in Connecticut have been named in the Marcum Tech Top 40, announced Thursday by the Connecticut Technology Council and Marcum LLP.

 
Article by Ira Kantor, Director, Tax & Business Services,


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Article by Ira Kantor, Director, Tax & Business Services, "The New Revenue Recognition Standards Have Finally Arrived. Now What?" Featured in The Bottom Line

Well it's finally here. After many years, many changes and much speculation, on May 28, 2014, the Financial Accounting Standards Board and the International Accounting Standards Board issued their converged standards on revenue recognition.

 
Neil Prasad, Partner-In-Charge of Los Angeles Office, Featured in Accounting Today Article,


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Neil Prasad, Partner-In-Charge of Los Angeles Office, Featured in Accounting Today Article, "Marcum Taps New Partner-In-Charge in LA."

Neil Prasad has been named partner-in-charge of the Los Angeles office of the New York-based accounting and advisory services firm Marcum LLP.

 
Article by Michael D'Addio, Tax & Business Services Principal,


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Article by Michael D'Addio, Tax & Business Services Principal, "The Aragona Case: A Blueprint to Avoid the Net Investment Income Tax on Trusts," Featured in Construction Accounting & Taxation

Owners of construction companies and other businesses stand to benefit - potentially significantly - from a recent decision by the U.S. Tax Court, which handed an important victory to taxpayers in the Frank Aragona Trust case. While the case directly dealt with whether a trust could qualify as a real estate professional, it has much broader applications and effectively provides a blueprint for avoiding the net investment income tax on business income held in trust.

 
Article by Joseph Natarelli, National Construction Industry Group Leader, and Anirban Basu, Marcum's Chief Construction Economist,


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Article by Joseph Natarelli, National Construction Industry Group Leader, and Anirban Basu, Marcum's Chief Construction Economist, "Smooth Construction Industry Recovery Remains Elusive," Featured in Construction Accounting & Taxation

Any momentum garnered during the final six months of 2013 was stymied by the brutal winter of 2013-14. According to the third estimate from the Bureau of Economic Analysis, the U.S. economy shrank at a 2.9 percent pace during the year's initial quarter. The harsh winter and a decline in private inventories are primarily to blame for the dismal first quarter growth. Thankfully, most economic indicators suggest that both consumer spending and total production have already rebounded from their sluggish first quarter pace.

 
The 2014 Marcum Workplace Challenge Featured on CBS New York


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The 2014 Marcum Workplace Challenge Featured on CBS New York

More than 9,300 competitors and 12,000 total participants from 217 companies attended the run-walk for charity at Jones Beach State Park.

 
The 9th Annual Marcum Workplace Challenge, July 29th at Jones Beach State Park, was a Featured Event in Newsday & Long Island Business News


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The 9th Annual Marcum Workplace Challenge, July 29th at Jones Beach State Park, was a Featured Event in Newsday & Long Island Business News

The Marcum Workplace Challenge is a 3.5 mile run/walk taking place on Tuesday, July 29th at Jones Beach State Park.

 
Carolyn Mazzenga, Partner-In-Charge of the Melville Office, Featured in Long Island Business News Article,


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Carolyn Mazzenga, Partner-In-Charge of the Melville Office, Featured in Long Island Business News Article, "Hitting Their Numbers on the Highway."

Marcum's convenient location - also about a block south of Exit 49 - allows it to showcase its office for all manner of business events, including continuing professional education courses, seminars, client conferences, industry meetings and nonprofit events.

 
Marcum Ties for Most New SEC Audit Clients in 2nd Quarter


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Marcum Ties for Most New SEC Audit Clients in 2nd Quarter

Among large firms, Marcum LLP tied for the most new Securities and Exchange Commission audit clients in the second quarter of 2014.

 
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in The Washington Post Article,


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Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in The Washington Post Article, "Civilities: A Lesbian Daughter Fears Her 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.

 
Marcum Workplace Challenge Race Gives LIers Chance to Support Good Causes - and Each Other


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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.

 
Marcum LLP Featured in CBS New York Article,


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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.

 
Article by Ted Lucas, Assurance Services Senior Manager & Timothy Landry, Assurance Services Senior Manager,


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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.

 
Article by David Glusman, Advisory Services Partner and Michael Molder, Advisory Services Senior Manager,


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Article by David Glusman, Advisory Services Partner 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.

 
Article by Ted Lucas, Assurance Services Senior Manager & Timothy Landry, Assurance Services Senior Manager,


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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.

 
Janis Cowhey, Co-Leader of the LGBT Practice Group, Quoted in Bankrate.com's Retirement Blog Article,


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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.

 
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Interviewed on Bloomberg TV's Bottom Line Program


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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.

 
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in FoxBusiness Article,


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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.

 
Nanette Lee Miller, Co-Leader of the LGBT Practice Group, Quoted in CNNMoney Article,


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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.

 
Philip J. Wilson, Partner-in-Charge,  Southern California Region, Featured in <em>Los Angeles Business Journal</em> Roundtable Discussion:


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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.

 
David Glusman, Advisory Services Partner, Interviewed on Business Spotlight on the Executive Leaders Radio Program


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David Glusman, Advisory Services Partner, Interviewed on Business Spotlight on the Executive Leaders Radio Program

This installment of Executive Leaders Radio was broadcast on June 24, 2014

 
Diane Giordano, Tax & Business Services Partner, Quoted in Long Island Business News Article,


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Diane Giordano, Tax & Business Services Partner, Quoted in Long Island Business News Article, "Start-Up NY Stalls on LI"

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."

 
Article by Brett McGrath, Partner, Tax & Business Services and John Vozzo, Director, Tax and Business Services,


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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.

 
David Glusman, Advisory Services Partner, Quoted in <em>Bloomberg BNA</em> Article,


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David Glusman, Advisory Services Partner, 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.

 
Article by Janis Cowhey, LGBT Practice Co-Leader and Portia Rose, LGBT Manager,


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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.

 
Matthew Bavolack, National Healthcare Practice Leader and Frank Miceli, New England Healthcare Practice Leader, Featured in Hartford Business Journal Article,


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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.

 
Article by David Glusman, Advisory Services Partner,


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Article by David Glusman, Advisory Services Partner, "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.

 
David Bukzin, Partner-In-Charge, New York City Office, Featured in Opalesque Article,


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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.

 
David Bukzin, Partner-In-Charge, New York City Office, Featured in Equities.com Article,


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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.

 
John Hughes, Assurance Services Manager, Featured in Inc.com Article,


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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.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in <em>Fortune</em> Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, 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.

 
Joseph Natarelli, National Construction Industry Group Leader, and Anirban Basu, Marcum's Chief Construction Economist, Quoted in CPA Practice Advisor Article,


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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.

 
David Glusman, Advisory Services Partner, Quoted in CPA Practice Advisor Article,


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David Glusman, Advisory Services Partner, 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.

 
Article Authored by James Ashe, Partner-in-Charge, Advisory Services, Stephen Lassar, Tax & Business Services Partner and Daniel Roche,


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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.

 
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in <em>Long Island Business News</em> Article,


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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.

 
Carolyn Mazzenga, Partner-in-Charge of the Melville Office, Featured in <em>Long Island Business News</em> Weekly Finance Page


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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.

 
Carolyn Mazzenga, Partner-In-Charge of the Melville Office, Featured in Long Island Business News Article,


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Carolyn Mazzenga, Partner-In-Charge of the Melville Office, Featured in Long Island Business News Article, "IRS Identity Crisis."

The IRS is warning taxpayers that grifters may be filing for, and actually getting their hands on, other people's refunds.

 
Article by Ilan Hirschfeld, Partner-in-Charge of the New Jersey Offices, and Lawrence Litt, Tax and Business Services Partner,


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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.

 
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in Los Angeles Business Journal Commentary,


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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:

 
James Ashe, Partner-in-Charge, Advisory Services, Featured in <em>Long Island Business News</em> Article,


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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.

 
Steve Rapattoni, Partner-in-Charge of the Irvine Office, Quoted in Orange County Business Journal Article,


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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.

 
Marcum Benefits Marketplace, Featured in Long Island Business News Article,


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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.

 
Marcum Benefits Marketplace, Featured in Accounting Today Article,


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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.

 
Marcum Benefits Marketplace, Featured in CPA Practice Advisor Article,


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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.

 
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Quoted in <em>Associated Press</em> Article,


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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.

 
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in <em>The Wall Street Journal</em> Article,


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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.

 
Nanette Lee Miller, Leader of the LGBT Practice Group, Quoted in CNNMoney Article,


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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.

 
Article by David Glusman, Advisory Services Partner and Michael Molder, Advisory Services Senior Manager,


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Article by David Glusman, Advisory Services Partner 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.

 
Steven Brett, President, Marcum Financial Services, Quoted in U.S. News & World Report Article,


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Steven 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.

 
Article by David Glusman, Advisory Services Partner,


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Article by David Glusman, Advisory Services Partner, "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.

 
LGBT Practice Co-Leader Janis Cowhey, Quoted in Detroit Free Press Article,


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LGBT Practice Co-Leader Janis Cowhey, 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.

 
LGBT Practice Co-Leader Janis Cowhey Featured in <em>New York Daily News</em> Article,


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LGBT Practice Co-Leader Janis Cowhey 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.

 
LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey, Quoted in 10,000 Couples Article,


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LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey, 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.

 
Marcum Workplace Challenge Highlighted in <em>Long Island Business News</em> Article,


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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.

 
Marcum LLP Featured in <em>Providence Journal</em> Article,


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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.

 
LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey, Quoted in <em>Reuters</em> Article,


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LGBT Practice Co-Leaders Nanette Lee Miller and Janis Cowhey, 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.

 
Marcum LLP Featured in <em>The Metropolitan Corporate Counsel</em> Article,


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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.

 
Article by David Glusman, Advisory Services Partner,


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Article by David Glusman, Advisory Services Partner, "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.

 
David Glusman, Advisory Services Partner, Featured in Yahoo Finance Article,


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David Glusman, Advisory Services Partner, Featured in Yahoo Finance Article, "Do I Need to Files Taxes if I'm Claimed as a 'Dependent'?"

I only made $2,787 this year working 4 months at a retail store. Am I required to file my taxes? Not only that, but my mother claimed me when filing her taxes. I'm 19

 
Rob Babek, Partner-In-Charge, Los Angeles Office, Quoted in Los Angeles Business Journal Article,


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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.

 
Joseph Perry, Firmwide Partner-in-Charge, Tax & Business Services, Featured on Fox Business' The Willis Report - The Red Flags that can Trigger an Audit


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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.

 
Joseph Perry, Partner-in-Charge, Tax & Business Services, Quoted in Long Island Business News Article,


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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.

 
Donald Crotty, Tax & Business Services Senior Manager, Featured in <em>Newsday</em> Article,


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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.

 
Janis Cowhey, Tax & Business Services Partner, Interviewed in <em>Think Advisor</em> Article,


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Janis Cowhey, 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.

 
Joseph Perry, Partner-in-Charge, Tax & Business Services, Featured in <em>Daily Finance</em> Article,


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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.

 
Heather Santonino, Tax & Business Services Manager, Featured in <em>Long Island Business News</em> Article,


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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.

 
Marcum LLP Featured in <em>Boston Business Journal</em> Article,


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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.

 
Article By Shaun Blogg, Partner-in-Charge, West Palm Beach Office,


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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.

 
Janis Cowhey, Tax & Business Services Partner, Featured in <em>Business Insider</em> Article,


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Janis Cowhey, 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.

 
Janis Cowhey, Tax & Business Services Partner, Featured in <em>The New York Times</em> Article,


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Janis Cowhey, 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.

 
David Glusman, Advisory Services Partner, Featured in <em>NJBIZ</em> Article,


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David Glusman, Advisory Services Partner, Featured in NJBIZ Article, "Playing the Numbers."

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

 
Marcum LLP's Merger with Thomas E. Finn P.C. Featured in <em>Accounting Today's</em>


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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.

 
Greg Giugliano, Firmwide Partner-In-Charge of Assurance Services, Featured in <em>Long Island Business News</em> Article,


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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.

 
Marcum LLP's Merger with Thomas E. Finn P.C. Featured in <em>Private Asset Management</em> Article,


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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.

 
Steve Boultbee, Tax & Business Services Senior Manager, Featured in <em>San Francisco Chronicle</em> Article,


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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.

 
Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department,


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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.

 
Shaun Blogg, Partner-in-Charge, West Palm Beach Office, Featured in <em>South Florida Business Journal</em> Article,


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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.

 
David Glusman, Advisory Services Partner, Quoted in <em>Scranton Times-Tribune</em> Article,


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David Glusman, Advisory Services Partner, 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.

 
Ronald Finkelstein, Tax & Business Services Partner, Quoted in <em>The Wall Street Journal</em> Article,


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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.

 
Michael D'Addio, Tax & Business Services Principal, Quoted in CNBC.com Article,


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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.

 
Rob Babek, Tax & Business Partner, Quoted in Los Angeles Business Journal Article - Cameras Rolling


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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.

 
David First, Partner-in-Charge of Trusts and Estates Practice Group, Featured in <em>Bloomberg BNA</em> Article,


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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.

 
Jules Seshens, Philadelphia Director of Business Development, Discusses the Research & Development Tax Credit on Money Matters TV Program


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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.

 
Marcum SEC Practice Group Featured in The Metropolitan Corporate Counsel Article,


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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.

 
Marla Esan, Senior Manager, Tax & Business Services, Quoted in <em>Long Island Business News</em> Article,


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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.

 
Nanette Lee Miller, Leader of the LGBT Practice Group, Quoted in San Francisco Bay Times Article,


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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.

 
Janis Cowhey, Tax & Business Services Partner, Quoted in CNBC.com Article,


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Janis Cowhey, 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.

 
Marcum LLP's Merger with Braver PC Featured in <em>Rhode Island Small Business Journal</em> Article,


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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.

 
Marcum LLP's Merger with Braver PC Featured in <em>Accounting Today</em> Article,


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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.

 
Marcum LLP's Merger with Braver PC Featured in <em>CPA Practice Advisor</em> Article,


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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.

 
Marcum LLP's Merger with Braver PC Featured in <em>The Boston Business Journal</em> Article,


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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.

 
Marcum LLP's Merger with Braver PC Featured in <em>Providence Business News</em> Article,


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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.

 
Marcum LLP's Merger with Braver PC Featured in <em>Long Island Business News</em> Article,


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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.

 
Article by David Glusman, Advisory Services Partner,


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Article by David Glusman, Advisory Services Partner, "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.

 
Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Women's Wear Daily Article,


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Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, 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.

 
 
 
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