The Corporate Tax Compliance and Planning Group handles all aspects of tax compliance and planning for both large and mid-size SEC reporting companies as well as privately held companies, including closely held corporations, S Corporations and Limited Liability Companies.
Group members work directly with client management to develop tax planning strategies to minimize their corporate federal tax liabilities. In conjunction with other tax advisory groups, the Group also provides a variety of tax advisory and compliance services to corporations operating in multiple state, local and foreign jurisdictions.
SEC & Large Corporations
Marcum's SEC and Large Corporate Tax Compliance and Planning Group handles all aspects of tax compliance and planning for public companies and large corporate clients.
Private Clients
Marcum's Private Business Group provides full service capability to support the tax functions of non-public businesses, whether in the form of a closely held corporation, an S Corporation, an LLC or a family corporation.
Small Businesses & Start Ups
Marcum LLP's Accounting Services provide the support, objectivity and expertise businesses need to succeed within the context of an ever-changing business landscape.
Related News
April 05, 2019
As Seen In
CBS Evening News featured National Tax Leader Joseph Perry discussing the complexities of the 2018 tax filing season.
Accountant Joe Perry calls this the Super Bowl for accounting firms because you have to be a pro to figure all this out.
March 27, 2019
Tax Flash
IRS Gives Taxpayers Greater Relief from Penalties for Underpayment of Estimated Taxes
The IRS has issued additional relief from penalties on those taxpayers who have underpaid their 2018 income taxes.
March 04, 2019
Tax Flash
No More Parking Expense Deduction?
The qualified transportation fringe benefit companies provided to their employees is one of the expenses that generally has been eliminated (IRC Section 274(a)(4)).
February 20, 2019
Tax Flash
Maryland Taxes Single Member Limited Liability Company
On January 17, 2019, the Maryland Tax Court ruled that multiple single member LLCs were subject to the 8.25% nonresident tax on income allocable to ....
February 11, 2019
Tax Compliance
Sales of Publicly Traded Partnerships Are No Easy Task to Report on Your Taxes
Sales reporting of publicly traded partnerships, also known as master limited partnerships, is governed by the IRS rules and regulations on partnerships.
February 06, 2019
As Seen In
Associated Press quoted National Tax Leader Joseph Perry in an article about new limits on business deductions for small businesses.
As small business owners compile their income tax returns, they'll confront some of their losses from the new tax law: popular deductions that have disappeared ....
January 15, 2019
As Seen In
Bloomberg quoted Edward Reitmeyer, Mid-Atlantic Regional Partner-in-Charge of Tax & Business Services, on the absence of final IRS rules, due to the government shutdown.
The longest government shutdown in U.S. history could cause tens of thousands of businesses to make a tough choice about whether to claim one of ....
Beyond The Numbers - January 2019
Paying for Family and Medical Leave Will Help Employees Handle Life's Challenges and Generate Tax Savings
Among the many changes included within the Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017, the Family and Medical ....
January 04, 2019
Tax Flash
Connecticut LLC Entities: Beware of Tax Scam in Mail
The Connecticut CPA Society (CTCPA) has issued a notice informing business owners organized as Limited Liability Companies (LLCs) of a fraudulent request for payment being ....
December 17, 2018
Tax Flash - Tax Return Compliance
Business Interest Expense Limitation under the Tax Cuts and Jobs Act of 2017
Interest deduction rules were significantly amended under The Tax Cuts and Jobs Act signed into law last December 2017. In early December 2018, the IRS ....
December 17, 2018
As Seen In
Bloomberg News quoted Mid-Atlantic Regional Partner-in-Charge of Tax & Business Services Edward Reitmeyer in an article about how to lower your tax bill before the end of 2018.
President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a ....
November 07, 2018
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 ....
November 07, 2018
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 & ....
October 29, 2018
As Seen In
The Hartford Business Journal published a column by Philadelphia Real Estate Chair Edward Reitmeyer for its latest real estate focus, on how commercial property owners are impacted by the new tax law.
The Tax Cuts and Jobs Act is the most sweeping change to the U.S. federal income tax laws in over three decades, and it will ....
September 17, 2018
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 ....
August 16, 2018
Tax Flash
Proposed IRS Regulations Issued Providing Guidance on New 20% Deduction for Flow-Through Entities
The IRS and Treasury issued proposed regulations providing interim guidance on the new Section 199A 20% deduction on Qualified Business Income introduced under the Tax ....
July 29, 2018
As Seen In
Newsday asked Melville Office Managing Partner Carolyn Mazzenga about deducting unreimbursed business expenses under the new tax law.
The tax overhaul wiped out the deduction for unreimbursed business expenses. Some companies might choose to ease the burden by setting up plans to reimburse ....
July 27, 2018
As Seen In
CNBC spoke with Melville Office Managing Partner Carolyn Mazzenga, also national leader of the Family Wealth Services group, about the long-range tax implications of converting a pass-through entity to a C-corporation.
Lower income tax rates have made incorporation an attractive strategy to some business owners, but accountants warn that entrepreneurs ought to think twice before going ....
June 26, 2018
As Seen In
Long Island Business News quoted Tax & Business Services Partner Robert Spielman in a column about common mistakes made by small businesses.
Starting a business is risky business. One in five new companies do not survive the first year, and only about half are still around after ....
June 04, 2018
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 ....
May 07, 2018
Tax Reform
Tax Cuts and Jobs Act: What is the New Qualified Business Income?
The Tax Cut and Jobs Act of 2017 provides for a new deduction for partners, shareholders, and other owners of pass-through entities, known as the ....
March 13, 2018
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.
February 27, 2018
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 ....
February 23, 2018
As Seen In
The New York Times quoted national Tax Leader Joseph Perry in an article discussing the complexities and confusion created by the Tax Cuts & Jobs Act, and the likely battles yet to come in Congress.
Never mind that once in a generation tax bill that just passed last year. Congress is headed for years more of big fights over taxes, ....
February 21, 2018
Tax Flash - Tax Return Compliance
The Impact of Tax Reform on Financial Accounting
On December 22, 2017, the Tax Cuts and Jobs Act, was signed into law. The Act will have a significant impact on financial reporting issued ....
February 19, 2018
Tax Flash - Corporate Taxation
The New Corporate Blended Rate for Fiscal Year Entities
On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act into law, changing the entire U.S. tax landscape. A major component ....
February 16, 2018
As Seen In
Long Island Business News wrote about the advice Marcum panelists gave to businesses considering restructuring as C-corps, during the Firm’s recent tax reform seminar in Melville.
Much of the Marcum seminar focused on the taxation differences between C‐corps and pass‐through entities, which include partnerships, S‐corporations, limited liability companies and sole proprietorships.
February 15, 2018
Tax Flash - International Taxation
New IRS Directives Issued for Transfer Pricing Examinations
On January 12, 2018, the Large Business and International Division of the Internal Revenue Service issued five directives which provide instructions on how IRS agents ....
February 13, 2018
Tax Flash - Tax Return Compliance
Bipartisan Budget Act of 2018
The Bipartisan Budget Act of 2018, enacted last Friday, February 9, contains a number of tax breaks for both individuals and businesses. These include the ....
February 12, 2018
As Seen In
The Hartford Business Journal quoted Connecticut Tax Partner-in-Charge Brett McGrath, in an article about the impacts of the Tax Cuts & Jobs Act of 2017.
More than 30 years after digesting the last major federal tax overhaul, Connecticut accountants and legal advisers working to interpret the latest changes to the ....
February 09, 2018
As Seen In
CNBC quoted Tax Principal Michael D’Addio in an article about adjusting paycheck withholdings to comply with the new tax rates for individuals.
In January, the Treasury Department released its income tax withholding tables, updated to reflect changes stemming from the Tax Cuts and Jobs Act. The new ....
February 05, 2018
As Seen In
Bloomberg News quoted Ed Reitmeyer, Mid-Atlantic Regional Partner-in-Charge of Tax & Business Services, in an article about tax strategies for owners of pass-through businesses under the new tax law.
If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The ....
January 31, 2018
As Seen In
Workandmoney.com interviewed Tax Partner Diane Giordano for an article about what the new tax law means for small businesses.
The new tax law became both the beauty and the beast for companies of all sizes across the country when 2018 officially opened for business.
January 30, 2018
As Seen In
Fox Business spoke with Tax Principal Michael D’Addio about the need to adjust paycheck withholdings under the new tax law.
As employees begin to receive their updated paychecks based on the new tax code changes, many are seeing incorrect withholding amounts, which could lead to ....
January 30, 2018
As Seen In
Long Island Business News reported on the Marcum tax panel the publication’s editor is co-moderating with Melville Office Managing Partner Carolyn Mazzenga.
Long Island Business News Editor Joe Dowd and Marcum Melville Office Managing Partner Carolyn Mazzenga are set to moderate a series of panel discussions tonight ....
January 30, 2018
As Seen In
Bloomberg’s Talking Tax podcast invited Tax Principal Michael D’Addio onto the show for a discussion about whether the new tax law will drive pass-through entities to convert to C-Corporation status.
The new tax law lowers the corporate tax rate to 21 percent—a change that some lawmakers have suggested could prompt pass-through entities to convert to ....
January 29, 2018
As Seen In
Long Island Business News quoted State & Local Tax Leader Paul Graney in an article about options New York State is considering to counter the regional tax impact of the federal Tax Cuts & Jobs Act.
Facing new federal rules that limit state and local tax deductions, New York and California are considering options to give their residents a big federal ....
January 29, 2018
As Seen In
CFO.com published an article by Tax Leader Joseph Perry and Tax Principal Michael D'Addio, discussing the pros and cons of C-corporation v. pass-through entity status under the new tax law.
A 21% income tax rate might sound appetizing to some pass-through entities, but C-corporation status doesn't suit every organization.
January 24, 2018
As Seen In
Associated Press quoted Tax Principal Michael D’Addio in an article about how small businesses are capitalizing on the new tax law.
Although there are still many unknowns about the tax law that took effect Jan. 1, some small business owners have already figured out that they ....
January 19, 2018
Tax Flash - State & Local Taxation
U.S. Supreme Court Will Hear South Dakota's Sales Tax Case
On January 12, 2018, the United States Supreme Court decided that it will hear a South Dakota case (State of South Dakota v. Wayfair Inc., ....
November 19, 2017
As Seen In
Newsday cited an analysis of President Trump’s leaked tax return by New York Tax Partner-in-Charge Maury Cartine for NBC News.
The Joint Committee on Taxation, Congress' official nonpartisan budget analysts, reported that a pending Senate bill would give large tax cuts to millionaires while raising ....
Corporate Taxation Brochure
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The Marcum 2018 Year-End Tax Guide continues our tradition of providing timely tax guidance for the upcoming year.
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.
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