Trusted Advisor | Miami Chapter
Prager Metis congratulates Lahteefah Parramore for joining Trusted Advisor as a leader of the Miami Chapter. We are excited about this partnership and can’t wait to see everyone at the launch!
Trusted Advisor Music X NYC Summit
Prager Metis is a proud sponsor of the Trusted Advisor Music X NYC Summit on Thursday, March 23rd
Los Angeles Business Journal’s Leaders of Influence: Minority CPAs 2023
Prager Metis extends warm congratulations to Kayo M. Elkner, Principal, for being recognized in the Los Angeles Business Journal’s Leaders of Influence: Minority CPAs 2023.
5 Tips to Make Filing Your Taxes Easier This Year
Tax season is in full swing! Filing your taxes doesn't have to be daunting. There are plenty of things you can do to make it easier.
Prager Metis Announces 2023 Promotions, Naming Kayo M. Elkner and Rina Veygman, Principals of the Firm
Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse, congratulates Kayo M. Elkner and Rina Veygman on their promotions to Principal, effective January 1, 2023.
ReNew Jersey Business Summit & Expo
Prager Metis is thrilled to be at ReNew Jersey Business Summit & Expo on March 14th - 15th at Harrah's in Atlantic City.
London Music Week Awards 2023
Prager Metis International is proud to be shortlisted in the London Music Week Awards 2023 for Accountancy Firm of The Year!
3 Reasons You Might Be in for a Tax Surprise This Year If You’re Self-Employed
Robbin Caruso was recently featured in GoBankingRates.com's latest article, "3 Reasons You Might Be in for a Tax Surprise This Year If You’re Self-Employed".
Essential Tax Tips for 2023
Robbin Caruso discusses changes in the tax code this year, common mistakes she sees people make, and strategies for a stress-free tax season in “Essential Tax Tips for 2023”.
Prager Metis Announces 2023 Promotions Wayne Eager, William McCallum, and Andrew Sgro Named Partners of the Firm
February 27, 2023 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia congratulates Wayne Eager, William McCallum and Andrew Sgro on their promotions to Partner, effective January 01, 2023. “Wayne, William and Andrew play an integral role in the continued growth and future success of our firm” says Co-Managing Partner Lori A. Roth. “Their expertise, leadership and dedication to our clients and our team have earned them this well-deserved promotion to Partner.”
Swing for a Cure – 3rd Annual Golf Classic
The Prager Metis’s Charitable Foundation is pleased to sponsor Swing for a Cure, our 3rd Annual Golf Classic, in support of the Alzheimer’s Association.
Top Wealth Adviser Hall of Fame
Prager Metis would like to wish Marnette Myers, CPA, J.D., a big congratulations for being named to Washingtonian's "Top Wealth Adviser Hall of Fame."
Environmental, Social, Governance (ESG) Services and Solutions
At Prager Metis, we understand the increasing focus being placed on corporate social responsibility (“CSR”), environmental, social, and governance (“ESG”) practices, and sustainability.
Prager Metis CPAs Combines with The Gassman Financial Group
February 15, 2023 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse, announces its combination with The Gassman Financial Group, an independent financial planning firm based in the heart of New York City.
Didn’t Pay Your Taxes Last Year? Take These Steps ASAP
E. Martin Davidoff, CPA, Esq., was featured in GoBankingRates recent article "Didn’t Pay Your Taxes Last Year? Take These Steps ASAP."
Leverage These Tax Breaks Before April 15
Robbin E. Caruso, CPA, CGMA, was featured in TheStreet's recent article "Leverage These Tax Breaks Before April 15."
US Gambling Tax Advice
E. Martin Davidoff, CPA, Esq., was featured in Compare.bet's article "US Gambling Tax Advice".
Prager Metis Grows Cooperative and Condominium Practice Acquires Long Island based practice group
Prager Metis, announces the expansion of depth and service of its national Co-op and Condominium practice with the recent acquisition of the Co-op and Condominium practice and related staff from MGO.
Trusted Advisor’s Future of Business Management List
Prager Metis congratulates Bruce I. Kolbrenner, Lahteefah M. Paramore, and Thomas F. Smith for being named to Trusted Advisor's Future of Business Management List!
Senate Snubs Omnibus Amendment That Would Have Raised Limit For Issuing 1099-Ks
E. Martin Davidoff, CPA, Esq., Partner-in-Charge of the National Tax Controversy Practice for Prager Metis, recently quoted in the Forbes article: "Senate Snubs Omnibus Amendment That Would Have Raised Limit For Issuing 1099-Ks".
GWSPCA 2022 Nonprofit Symposium
Prager Metis is proud to sponsor the GWSCPA 2022 Nonprofit Symposium, December 12th and 13th.
Accounting Today’s 2022 Top 100 Most Influential People
Prager Metis would like to wish Peter J. Scalise a warm congratulations for being named to Accounting Today's 2022 Top 100 Most Influential People in Accounting.
57th Annual Heckerling Institute on Estate Planning
Prager Metis is thrilled to be returning as a continued Platinum Sponsor of the 57th Annual Heckerling Institute on Estate Planning, the nation’s premier conference for estate planning professionals.
Los Angeles Business Journal’s Top 100 Accountants
Prager Metis extends warm congratulations to Walt Brasch, Jr., Ricky Nagano, and Joe Rust, for being named to the Los Angeles Business Journal's Top 100 Accountants.
DCL Babydolls Closing Party
Prager Metis is proud to sponsor the DCL Babydolls closing party following the second annual Decentraland Metaverse Music Festival.
Billboard’s 2022 Top Business Managers
Congratulations to Lahteefah M. Parramore, Bruce I. Kolbrenner, Joseph Callaghan, Simon Winters, Thomas F. Smith, and Mark Carter for being named Billboard’s 2022 Top Business Mangers.
Prager Metis CPAs Looking Beyond the Realm of Traditional Accounting
Prager Metis was recently featured in NJ Business Magazine's Profile for Success as one of the top accounting firms at the forefront of technology and innovation.
Variety’s Business Managers Elite 2022
Congratulations to Thomas F. Smith, Bruce I. Kolbrenner, Lahteefah M. Parramore, Simon Winters, and Mark Carter, for being named to Variety’s 2022 Business Managers Elite.
Congratulations to Lori A. Roth! Recognized in Los Angeles Business Journal’s 2022 Leaders of Influence: Women in Accounting list
Prager Metis extends a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner, for being recognized in the Los Angeles Business Journal’s 2022 Women of Influence: Accounting list.
Prager Metis hosts launch party in metaverse
Thanks for attending! We were featured in Accounting Today in the article "Prager Metis hosts launch party in metaverse."
Crain’s New York 2022 Notable Leaders in HR
Prager Metis would like to extend a warm congratulations to Sheila Kurman for being named one of Crain's New York Notable HR Leaders 2022!
The Corporate Metaverse
What benefits do corporations look for if they are excited about tapping into new technologies such as the Metaverse
Prager Metis’ Metaverse Office Launch Party
Prager Metis invites you to our Metaverse Office Launch Party! While our new and existing clients #IRL are on this unique platform, we also extend our traditional services to the Web3 community.
#ICYMI – Hosts Sinful and Canessa discussed all things Decentraland!
#ICYMI - Hosts Sinful and Canessa discussed all things Decentraland! The community is a diverse group of creators and Web3 pioneers.
Meet the 2022 Notable Leaders in Accounting and Consulting
Prager Metis extends a warm congratulations to Glenn L Friedman, Lori A. Roth, Craig Michaelson, Steven L. Topal, Stuart H. Mayer, Dawn M. Bergen, and Fernando R. Lopez for being named to Crain’s New York Business' 2022 Notable Leaders in Accounting and Consulting List.
The future of the Metaverse holds great promise. The present, less so.
Is your business ready for the Metaverse? Read the latest insights from CMVO, Jerry Eitel, where he discusses acquiring land, how to go about doing so, why the Metaverse matters, and what the future holds. "
Music Mudder 2022
Prager Metis is proud to be a sponsor of Music Mudder 2022, a music-inspired endurance event that sees teams from across the music industry take on an adrenaline-pumping obstacle course.
Metaverse Compliance And Consulting Opportunities For CPAs With Jerry Eitel
As businesses enter the virtual world, cryptocurrency and foreign disclosure reporting will all be regulated in an ever-changing landscape.
Jerry Eitel: Scarcity, Consciousness and Cautious Optimism
With the rise of digital interaction, including the Metaverse, cryptocurrency, and virtual realities, the ability to buy, sell, and interact has become almost endless.
Metaverse Art Week August 24-28, 2022
Don't miss Metaverse Art Week 2022, August 24-28 in Decentraland!
How To Buy NFTs
What are NFTs, how to create NFTs, where can you buy NFTs, and what value do NFTs hold?
Tampa Bay Women’s Expo 2022
Please join Patricia Hamilton, Principal at Prager Metis, at the Tampa Bay Women's Expo on September 10th, from 10 am - 3 pm.
Plugging in: Financial Services in the Metaverse
Read the latest insights from Glenn L. Friedman, CEO, and Jerry Eitel, CMVO, in FintechFutures, "Plugging in: financial services in the metaverse."
#MVFW Summer Gala
Prager Metis is proud to sponsor the first-ever #MFVW Summer Gala
Alzheimer’s Association International Conference
Please join Peter J. Scalise, Director & Federal Tax Credits & Incentives Practice Leader of Prager Metis, at the Alzheimer's Association International Conference on Tuesday, August 2nd, 2022, at 8:00 am.
Bethel Woods Center for the Arts 2022 Pavilion Season
Prager Metis is proud to sponsor the Bethel Woods Center for the Arts 2022 Pavilion Season. Bethel Woods is a non-profit cultural organization located at the historic site of the 1969 Woodstock festival, inspiring many new artists, and providing lively entertainment to the community.
GGI’s International Taxation Practice Group
Prager Metis would like to wish Ricardo Aramburo Williams a warm congratulations for being appointed GGI's International Taxation Practice Group (ITPG) Latin American Region Chairperson!
Can You Buy a Home with Cryptocurrency?
Can you buy a home with cryptocurrency? The answer is yes.
Welcome to a Day in the Life of a Chief Metaverse Officer
"Welcome to a Day in the Life of a 'Chief Metaverse Officer."
LIBN 30 Under 30 List 2022
Prager Metis would like to wish a warm congratulations to Nicole E. Laneri for making The 30 Under 30 List 2022!
NJBIZ Accounting Power 50
Prager Metis would like to extend a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Global Managing Partner for ranking #4 on the NJBIZ 2022 Power 50 Accounting List!
2022 NJBIZ Accounting Power 50 list
Congratulations to CEO, Glenn L. Friedman, CPA, CGMA and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF for their recognition on the 2022 NJBIZ Accounting Power 50 list.
Tax compliance controversies on the rise
Many of the suspensions and extensions that were put in place during the pandemic relating to tax notices and collection efforts have been lifted. Robbin Caruso offered her insight regarding what this means for individuals and businesses who owe taxes to the IRS in this Accounting Today article
Makers of The Metaverse
Recently Jerry Eitel, Chief Metaverse Officer, was featured in Authority Magazines article "Makers of The Metaverse: Jerry Eitel Of Prager Metis On The Future Of The VR, AR & Mixed Reality Industries."
Supreme Court allows deadline waiver in tax case
Recently, Robbin E. Caruso, was featured in Accounting Today's "Supreme Court allows deadline waiver in tax case".
2022 NJCPA Impact Ovation Award
Prager Metis would like to wish a warm congratulations to Partner Robbin E. Caruso, CPA, CGMA, for winning the NJCPA 2022 Impact Ovation Award.
2022 NJCPA Woman to Watch Ovation Award
Prager Metis would like to wish a warm congratulations to Global Managing Partner Lori A. Roth, CPA/ABV, CFF, for winning the NJCPA 2022 Woman to Watch Ovation Award.
Financial Statement Challenges for Private Entities and Practitioners
Please join Jay L. Levine, Partner of Prager Metis, for this informative session at the NJCPA Convention, where he will be a panelist speaker on “Financial Statement Challenges for Private Entities and Practitioners”
Songwriters Hall Of Fame 51st Annual Induction
Prager Metis is proud to be the official auditor for the Songwriters Hall of Fame!
GGI North American Regional Conference 2022
Prager Metis is proud to co-sponsor the GGI North American Regional Conference from June 23rd - June 26th, 2022, at the Park Hyatt Washington DC.
Prager Metis in the Metaverse
Prager Metis is proud to be recognized as the first CPA firm to officially open its headquarters inside the #metaverse in beincrypto.com's recent article. Check out our office in Decentraland below.
Trusted Advisor X LA Summit
Prager Metis is a proud sponsor of the Trusted Advisor X LA Summit on June 15th.
Crain’s Notable Leaders in Advertising, Marketing and PR 2022
We extend a warm congratulations to Diane L. Walsh for being named one of Crain’s New York Business’s Notable Leaders in Advertising, Marketing, and PR.
Prager Metis is Proud to Sponsor the Platinum Minds “Leading The Way” Fundraising Dinner
Prager Metis is proud to sponsor the Platinum Minds “Leading The Way" fundraising dinner on May 16, 2022, at The Olde Mill Inn and Grain House Restaurant in Basking Ridge, New Jersey.
Virtual land rush is driving up the cost of space in the metaverse
Jerry Eitel, CPA, Chief Metaverse Officer of Prager Metis, was recently quoted in CBS News' "Virtual land rush is driving up the cost of space in the metaverse."
Swing for a Cure
The Prager Metis’s Charitable Foundation is pleased to sponsor Swing for a Cure, our 2nd Annual Golf Classic, along with a Silent Auction, in support of the Alzheimer’s Association.
Grand Opening Chennai Offices
Prager Metis is pleased to announce the Grand Opening of our Chennai Office!
LEADERS OF INFLUENCE: MINORITY CPAS 2022
Prager Metis extends a warm congratulations to Kayo M. Elkner, Director, for being recognized in the Los Angeles Business Journal’s Leaders of Influence: Minority CPAs 2022. The special recognition profiles a cross-section of outstanding professionals for their accomplishments and dedication to their clients, company, community, and the accounting
The 25 Most Powerful People in Long Island Accounting
Prager Metis is proud to announce Marianna Mooney, CPA, was recognized for her exceptional performance, being named one of the 25 most powerful people in Long Island Accounting.
Why the Metaverse matters to you
Jerry Eitel, Chief Metaverse Officer, was recently featured on Accounting Today's podcast with Dan Hood, "Why the Metaverse matters to you." The #metaverse isn't just some virtual space.
CPA Firms Tackle Cybersecurity
Gurjit Singh, Chief Information Officer of Prager Metis, was recently featured in New Jersey Business Magazine's "CPA Firms Tackle Cybersecurity."
Selling Real Estate with IRS Liens: What are the Rules & Processes to Completing the Sale
Don't miss E. Martin Davidoff, Partner-in-Charge, National Tax Controversy, and Alison Gadoua, Tax Controversy Specialist, along with Guy Esposito, IRS Manager as they speak at the Middlesex County Bar Association's Tax Law/Real Estate Law CLE Program on May 2, 2022. They will be discussing Selling Real Estate with IRS Liens.
Important Tax Benefits of Real Estate Investing and Tax Saving Strategies for Investors
Robbin Caruso was recently featured in Real Estate Bees "5 Important Tax Benefits of Real Estate Investing and Tax Saving Strategies for Investors". Robbin discusses how an investor may be able to avoid capital gains on real estate and rental income.
Prager Metis is proud to announce MetaMission One (MM1)
Prager Metis is proud to announce MetaMission One (MM1)! In conjunction with SPACEONE Industries and Banquet Labs, this project is a special collaboration on a first-ever limited-edition Astro Chip NFTs and digital wearables that are activated to mint by an Application Programming Interface (API) from space.
The Real Story of What a Career in Public Accounting Can Provide
In his most recent article, CEO Glenn L. Friedman discusses the value of a career in public accounting. Many people have an outdated idea of what a public accountant does, their work/life balance, and how this career can change others' lives and your own. Read "The Real Story of What a Career in Public Accounting Can Provide" and find out how a car
Absolut Vodka and Coachella in the Metaverse
Prager Metis is proud of our metaverse affiliate partner, Banquet on helping bring Absolut Vodka and Coachella into the #Metaverse.
How taxing is Tax Day for an accountant?
Senior Accountant Michael Durant was on the podcast series “The United States of Work” talking about the final days leading up to the tax deadline and finishing out the season.
There’s Nothing ‘Virtual’ About Taxes In The Metaverse
Jerry Eitel, Chief Metaverse Officer, was recently featured in Financial Advisor's "There's Nothing 'Virtual' About Taxes In The Metaverse."
To preserve and protect assets in the metaverse, we must first understand… the metaverse
Ladidas Lumpkins, Partner-in-Charge of Private Wealth Services, was recently featured in GGI's Spring 2021 Trust and Estate Newsletter.
Lessons in Leadership Strategic Leadership: “Connecting the Dots”
Recently featured in New Jersey Business Magazine, CEO Glenn Friedman, CPA, CGMA, and Global Managing Partner Lori A. Roth, CPA/ABV, CFF sat down for an interview on Steve Adubato's Lessons in Leadership with co-host Mary Gamba.
How to Make Tax Filing Easier
Robbin E. Caruso was recently featured in Sound Dollars "How to Make Tax Filing Easier". Robbin discusses how to efficiently prepare for this year's tax deadline by being organized, setting aside the appropriate time to do your taxes and that tax rules have changed since previous years
ReNew Jersey Business Summit 2022: A Time for Answers
Prager Metis is pleased to sponsor ReNew Jersey Business Summit 2022: A Time for Answers! April 13th - 14th.
As Home Sale Prices Surge, a Tax Bill May Follow
Recently, Michael Durant, Senior Tax Accountant, of Prager Metis, was quoted in The New York Times, "As Home Sale Prices Surge, a Tax Bill May Follow".
Financial Quarterback
E. Martin Davidoff, was recently featured on Josh Jalinksi's podcast "Financial Quarterback". He talks about what individuals and businesses need to know about tax planning strategies for cryptocurrency, real estate, and state and federal taxes.
Prager Metis Appoints Jerry Eitel as Chief Metaverse Officer Oversee Metaverse Strategy
NEW YORK, March 28, 2022 – Prager Metis, a leading international advisory and accounting firm, appointed Jerry Eitel as Chief Metaverse Officer (CMVO) to oversee the firm’s Metaverse strategy and operations.
We Lead in the Metaverse Because of People, Not Technology
In January, Prager Metis became the first CPA firm to set up shop in the Metaverse. In partnership with Banquet LLC, we opened our three-story digital structure in the Decentraland metaverse platform, where we’re offering real-world accounting, tax, and advisory services.
Business Leaders Radio
E. Martin Davidoff, Partner-in-Charge of the National Tax Controversy Practice, Prager Metis CPAs, joined host John Ray on 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘓𝘦𝘢𝘥𝘦𝘳𝘴 𝘙𝘢𝘥𝘪𝘰 to cover several important tax issues for this tax season.
Alzheimer’s Association recognized Prager Metis for making “Big Strides in Walk to End Alzheimer’s”
In a recent press release, the Alzheimer’s Association recognized Prager Metis for making "Big Strides in Walk to End Alzheimer’s". The article highlights our firm’s fundraising efforts to raise funds and awareness for Alzheimer’s care, support and research.
We congratulate CEO, Glenn L. Friedman, CPA, CGMA, and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF on their recognition in the ROI Influencers: Power List 2022!
We congratulate CEO, Glenn L. Friedman, CPA, CGMA, and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF on their recognition in the ROI Influencers: Power List 2022! ROI quoted, "Ahead of the curve? Prager Metis became the first CPA firm to officially open a headquarters in the metaverse."
First CPA firm to establish office space in the Metaverse
As the first CPA firm to establish office space in the Metaverse, other businesses and major financial institutions are also buying land in Decentraland. There is a prediction that the Metaverse will create a yearly market opportunity of $1 trillion.
Pandemic Relocations Create Tax Season Issues for Workers, Employers
There are special tax complications this year for remote workers who moved to another state during the pandemic and for their employers.
Businesses Opportunities in the Metaverse
The Metaverse is an ever-growing space for businesses to build opportunities. From real estate, music venues, fashion shows, virtual reality, clothing stores, and so much more! Traditional opportunities are changing, business models are changing, networking is changing, and Prager Metis is at the forefront of it all.
Yes You Can Sell Property Under An IRS Lien
Am I able to sell my property if the IRS has a lien on it? Yes, you can. E.
Please hold: Pricey way to jump IRS phone line at tax time
With calls to the IRS reaching record levels during tax season, excessively long hold times have become the norm. This can create real issues for tax professionals who need regular access to IRS services. Marty offers his views on businesses which offer an alternative and help tax practitioners better serve their clients.
The $8,000 Child Tax Credit That Many Parents May Not Know About
Robbin Caruso, Prager Metis Partner and Co-leader of the firm's National Tax Controversy practice, weighs in on the expansion of the Child and Dependent Care Credit and benefits it can afford eligible taxpayers in this CBS News article
5 Things To Know About How the Stimulus Checks Can Affect Your Taxes
If you did not receive the full amount of the 3rd stimulus payment you were entitled to in 2021 and are requesting a Recovery Rebate Credit, it's important to correctly report the stimulus payment you received.
87% of People Plan To File Their Taxes Early — Here’s Why You Should Be One of Them
Robbin Caruso, Partner and Co-leader of Prager Metis’ National Tax Controversy practice offers some guidance in “87% of People Plan To File Their Taxes Early — Here’s Why You Should Be One of Them,” published by GoBankingRates.
Surviving Tax Season
Don't miss this! Recently E. Martin Davidoff, CPA, Esq., Partner of Prager Metis, was featured on Accounting Today's podcast "Surviving Tax Season." E. Martin Davidoff talks about why you can't manage all interactions with the IRS on your own and the major issues practitioners should be aware of for the rest of the season.
Resolving Tax Filing Issues for Remote Workers
Robbin Caruso, Co-Leader of Prager Metis' National Tax Controversy Practice, delves into the tax filing issues and obligations that remote workers may have in this Q&A
What You Need To Know About How the Metaverse Will Affect Business
Prager Metis is quickly gaining recognition in the Metaverse. So much so that Prager Metis was coined a "pioneering company" for acquiring land and office in the Metaverse. The Entrepreneur's article
3 Tricky Tax Filing Issues — And How To Handle Them
Yahoo News looked to Robbin Caruso, Partner and Co-leader of Prager Metis’ National Tax Controversy practice, for some guidance in their recently published article, “3 Tricky Tax Filing Issues – And How to Handle Them.”
Tax Pros See Social Impact From Work-Tax Compliance Issues for Telecommuters & Remote Workers
Robbin Caruso, CPA, CGMA, Partner and Co-leader of Prager Metis’ Tax Controversy Services, weighs in on possible tax implications for telecommuters and remote workers who work from a state which is different from where they normally work in this Accounting Today article.
Into The Metaverse: How Businesses Can Benefit
Recently, Jerry Eitel, CPA, Office Managing Partner of the Metaverse of Prager Metis, was quoted in PBS' NJ Business Beat with Rhonda Schaffler's "Into The Metaverse: How businesses can benefit".
States Look At Taxing The Metaverse, But What Is It?
Recently Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis, was quoted in CPA Practice Advisor's article "States Looking at Taxing the Metaverse, But What is It?".
Do You Need To Pay Taxes On Money You Did Not Receive In Connection To Identity Theft
The question is: Do you have to pay taxes on money you didn't receive in connection to identity theft?
Warner Music Group Partners With The Sandbox for Virtual Concert Venues
Recently Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis, was quoted in Digital Music News' article "Warner Music Group Partners With The Sandbox for Virtual Concert Venues". The article discusses virtual theme parks, venues, concerts, and so much more, including digital real estate and virtual business meetings in the metaverse.
Prager Metis Names Stuart H. Mayer Regional Managing Partner – New York Metro
January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulate Stuart H. Mayer on his promotion to Regional Managing Partner - New York Metro, effective January 1, 2022.
IRS Begins Accepting 2021 Federal Tax Returns
IRS begins accepting 2021 Federal Tax Returns Monday but warns of refund delays due to the pandemic.
NJ Business Alternative Income Tax (BAIT) By Michael Brown, CPA
When Governor Murphy signed the Pass-Through Business Alternative Income Tax (“BAIT”) into law, it allowed pass-through entities to elect to pay tax on behalf of the owner’s share of distributive proceeds. The owner may then claim a refundable tax credit on their return for the amount of tax paid by the pass-through entity on their share of distrib
Prager Metis Names Michael J. Aroyo Regional Managing Partner – New Jersey
January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulates Michael J. Aroyo on his promotion to Regional Managing Partner - New Jersey, effective January 1, 2022.
LESSONS IN LEADERSHIP WITH GLENN FRIEDMAN & LORI ROTH
In case you missed it! CEO Glenn Friedman, CPA, CGMA, and Global Managing Partner Lori A. Roth, CPA/ABV, CFF sat down for an interview on Steve Adubato's Lessons in Leadership with co-host Mary Gamba.
Prager Metis Announces 2022 Promotions Jackie Bai, Scott Davis, and Corey Neubauer Named Partners of the Firm
January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulates Jackie Bai, Scott Davis, and Corey Neubauer on their promotions to Partner, effective January 1, 2022.
Prager Metis Announces 2022 Promotions, Naming Patricia Hamilton, Satang Janneh, Runa Spataru, and Michael Raiken Principals of the Firm
January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulates Patricia Hamilton, Satang Janneh, Runa Spataru, and Michael Raiken on their promotion to Principal, effective January 1, 2022.
Prager Metis Announces 2022 Promotions, Naming Arvinder Matharu, Principal and Mark Carter, Partner of the Firm
January 1, 2022 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, Asia, and the Metaverse congratulates Arvinder Matharu on his promotion to Principal and Mark Carter, now Partner of the London office, effective January 1, 2022.
Prager Metis Congratulates Marianna Mooney on Her Promotion to Managing Partner – Long Island Office
Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, Asia, and the Metaverse, announces the promotion of Marianna Mooney to Managing Partner-Long Island Office effective January 1, 2022. Marianna has over twenty years of experience within the accounting industry and takes great pride in providing high-value se
Prager Metis Opens First-Ever CPA Firm in the Metaverse
NEW YORK, Jan. 7, 2022 – Prager Metis, a leading international advisory and accounting firm, becomes the first CPA firm to officially open its Metaverse headquarters in the metaverse platform Decentraland.
iConnections Global Alts 2022
Prager Metis is pleased to sponsor iConnections Global Alts, January 24-27! This conference features indispensable networking opportunities as well as presentations and fireside chats from thought leaders at the forefront of the alternative investment industry in Miami.
Prager Metis is proud to announce a new strategic partnership between Prager Metis International and Value Services SpA
Prager Metis is proud to announce a new strategic partnership between Prager Metis International and Value Services SpA, an Italian consulting firm specialized in unlocking funding provided by European, National, and Regional institutions. This partnership was formed to fulfill the growing need for the international expansion of our clients. Prager Metis and Value Service will work together to promote the expansion of Italian companies towards the U.
Variety’s Business Managers Elite 2021
Congratulations to Thomas Smith, Bruce Kolbrenner, Lahteefah Parramore, Simon Winters, Mark Carter, Maren Stenseth, and Jennifer Coyne for being named to Variety’s 2021 Business Managers Elite. Thank you for being part of our team and to our entire team for all your hard work! Click here to see the full list of honorees:
GWSCPA 2021 Nonprofit Symposium
Prager Metis is proud to be a silver sponsor for the GWSCPA 2021 Nonprofit Symposium on November 16th-November 18th, 2021. Registration for this annual conference is open to all who work with nonprofit organizations and includes the virtual sessions in November as well as additional sessions in December and January.
Thomas Smith and Jennifer Coyne named to Trusted Advisor’s 2021: “Future of Business Management” List
Congratulations to Thomas Smith, Partner, and Jennifer Coyne, Director, for being named to Trusted Advisor's 2021: “Future of Business Management” list. Honorees represent a talented, multi-faceted, and pro-active business management industry that is changing as fast as our definition of “entertainment” changes. This list is a holistic and all-enco
IRS OFFERS IN COMPROMISE: A CASE STUDY – CONDENSED VERSION
Don't miss E. Martin Davidoff, Partner-in-Charge, National Tax Controversy, as he presents at the CPA Academy's web course "IRS OFFERS IN COMPROMISE: A CASE STUDY - CONDENSED VERSION" on November 16, 2021. This condensed workshop takes participants on a hands-on journey through the financial disclosure aspect of the IRS Offer in Compromise process,
International Tax Planning for the Media & Entertainment Industry
The digitization of the media and entertainment industry has transformed most aspects of its global supply chain, from the creation and acquisition of content to processing, editing, and global distribution. In addition to dramatically eroding the constraints of distance, time, and transaction costs, the digitized supply chain provides the opportun
Congratulations to Lori A. Roth! Recognized in Los Angeles Business Journal’s 2021 Leaders of Influence: Women in Accounting list
Prager Metis extends a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Co-Managing Partner, for being recognized in the Los Angeles Business Journal’s 2021 Leaders of Influence: Women in Accounting list. The special recognition profiles a cross-section of outstanding women professionals for their accomplishments and dedication to their clients,
GGI Italian-American Business Summit Online
With a population of over 300 million people, the US is a prime destination for investment by foreign companies. Tune in on November 10th as Andrea Fantozzi, Partner, Italian Global Services Leader and Fernando Lopez, Principal, International Tax Leader discuss global structure considerations and opportunities when doing business in the US.
Alternative Investment Fund Conference Webcast
Join Partner, Karen Kerby as she discusses ESG and Impact Investing: Issues Affecting the Alternative Investment Industry on November 18, webcast hosted by the Foundation for Accounting Education at its Alternative Investment Fund Conference: November 18, 8:30 am- 4:35 pm.
Celebrate Diversity | Exceptional People. Extraordinary Stories. Inspiring Results.
Join the NJ Chamber and the African American Chamber of Commerce of NJ for a regional reception to help recognize and celebrate New Jersey’s Champions of Diversity.
Lori Roth, Co-Managing Partner nominated to Los Angeles Times Inspirational Women Awards
We extend a warm congratulations to Lori A. Roth, CPA/ABV, CFF, Co-Managing Partner, for being nominated to the Los Angeles Times B2b Publishing’s Inspirational Women Forum and Awards. On October 26th , at 1pm PST, the award ceremony will recognize female executives for their contributions and leadership within their organizations, the business world, and the community at large.
Crain’s NY – Notable Women in Accounting and Consulting
We extend a warm congratulations to Lori A. Roth, Dawn Bergen, and Ladidas Lumpkins for being named to Crain’s New York Business’ 2021 Notable Women in Accounting and Consulting List. The Award honors the success our team members have achieved in their professional careers and celebrates their contributions to the accounting industry and their local communities.
The Small Business Administration (SBA) Announces Enhancements to COVID Related Economic Injury Disaster Loan (EIDL) Program
On September 9, 2021, the SBA announced that it was modifying the EIDL program to provide small businesses with enhanced financial aid through the SBA’s small business loan program. The modifications include increasing the maximum loan amounts, providing loan repayment deferrals, expanding the allowable use of loan proceeds, and simplifying rules
Hayley Mayer & Mary Santolli Honored With the “2020-2021 Premier Women of Long Island” Award
Congratulations to Haley Mayer and Mary Santoli, on receiving the 2020-2021 “Premier Business Women of Long Island” award. We’re honored and proud that you’re a part of the Prager Metis family. The award was presented at the Premier Business Women of Long Island Awards Gala, on July 14th.
Congratulations to CEO, Glenn L. Friedman, CPA, CGMA and Lori A. Roth, CPA/ ABV, CFF! 2021 NJIBZ ‘ Accounting Power 50’
Congratulations to CEO, Glenn L. Friedman, CPA, CGMA and Global Managing Partner, Lori A. Roth, CPA/ ABV, CFF for their recognition on the 2021 NJBIZ Accounting Power 50 list. CPAs named on this list have been identified for their top-flight advice and professional services.
Robert O. Mayer and Marianna Mooney were named as part of the 25 most powerful people in Long Island Accounting.
Prager Metis is proud to announce Robert O. Mayer, CPA, and Marianna Mooney, CPA were recognized for their exceptional performance, being named two of the 25 most powerful people in Long Island Accounting. Congratulations to you both!
How small businesses can master their taxes in 2021
Robbin E. Caruso was recently featured as a panelist for Business Insider, discussing how filing taxes might be a bit different for small business owners this year. Many were greatly impacted by months of mandatory closures, lost essential
FDII Qualification and Substantiation Requirements in the Final 250 Regulations
Principal and Leader of International Tax Fernando Lopez has offered a summary on the FDII Qualification and Substantiation Requirements in the Final 250 Regulations, now being featured in May’s issue of NYS Society of CPSs, Tax Stringer
Expect a More Aggressive Compliance Landscape for Taxpayers
Prager Metis Partners E. Martin Davidoff and Robbin Caruso explain what an increase in compliance efforts and IRS controversy issues can mean for taxpayers in this Accounting Today article
New RMD Rules Can Be Unfriendly to Wealthy Clients
Robbin Caruso, Partner and Co-Leader of the firm’s Tax Controversy Department, recently shed some light on changes to RMD rules that took place due to the SECURE Act in this Financial Advisor article
Tax Filing Delay is Welcome, But Excludes Too Many Filers
E. Martin Davidoff offers his views in this Wall Street Journal Opinion piece regarding the challenges presented to taxpayers and practitioners from extending the tax filing deadline while leaving the due date for first quarter
Prager Metis Opens New Miami Office and Welcomes New Managing Principal – Ricardo Aramburo Williams
March 30, 2021 – New York, NY— Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is very proud to announce its South Florida expansion with the opening of a new office in Miami.
Impact of Covid-19 on Taxes
E. Martin Davidoff, Partner-in-Charge, National Tax Controversy, offers important information regarding tax implications for early retirement withdrawals, unemployment compensation, and multiple state tax filings for remote workers during
PRO Act and ABC Test: No One Knows What the Effects Will Be
Prager Metis team members Robbin Caruso and Michael Raiken offer input regarding the tax implications that the PRO Act could have on independent contractors in this Forbes article by Erik Sherman
2021 Women in Professional Services
Prager Metis Partner, Wendy Valentino, offered her insight into topics such as women in real estate, team motivation and resolving workplace conflicts in the New York Real Estate Journal. Read the full article here
Extension to the Coronavirus Job Retention Scheme
The Government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of June 2021.
VAT Deferral New Payment Scheme
If you deferred VAT payments due between 20 March and 30 June 2020 and still have payments to make and cannot afford to pay by 31 March 2021 you can now join the online VAT Deferral New Payment Scheme to spread the payment.
The Recovery Loan Scheme
The Government has announced the launch on 6 April 2021 of a new support scheme called the Recovery Loan Scheme. Details of how the Scheme is to operate are still to be released, however, we understand that the aim of the Scheme
Self-Employment Income Support Scheme Extended
The Government has announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant. The fourth and fifth grants will take into account submitted 2019-20 tax returns.
How the Latest Pandemic Relief Tax Changes Might Help, Hurt Wealthy Clients:
The recently enacted American Rescue Plan Act includes tax measures that both benefit and hurt wealthy clients. Robbin Caruso explains some of the details in this Financial Advisor article
Everything to Know About the New $3,000 Child Tax Credit:
While the child tax credit is not new, the American Rescue Plan Act of 2021 increased the amount of the credit and changed some of the provisions of credit for the 2021 tax year.
Preparers Divided Over Postponing Filing Deadline
E. Martin Davidoff offers his reasons why he believes this year’s tax deadlines should not be extended in this Accounting Today article
Analysing the UK Budget 2021
Join Arvinder Matharu, Tax Director of Prager Metis, and Loknath Mishra, Managing Director/CEO of ICICI Bank, as they discuss the UK Budget for 2021, what it means for companies in the UK and for foreign investors, and the direction
Wealth Tax Act Would Double IRS Enforcement Budget
Partner Robbin Caruso offers her thoughts in this Forbes article discussing Senator Warren’s proposed “Ultra Millionaire Tax Act of 2021”:
NJ Chamber of Commerce Asks NJ Business Execs
How Has the Past Year Changed You? This past year has been unlike any other. NJ Chamber of Commerce asked Prager Metis CEO Glenn Friedman and other NJ Executives, “How has the past year changed you?” Click here to see what they had to say: Read more
Lori Roth Named to ROI NJ Influencers: 2021 Power List – Accounting
Congratulations to Lori A. Roth, Co-Managing Partner of Prager Metis, on being named an ROI Influencer and being part of the 2021 Power List of Accounting Professionals. So very proud of you and your latest achievement!
Tax Consequences Among the Dangers of Short Selling
The recent trading surge involving Game Stop peaked interest in investor trading and short selling. Steven Bernkopf, MSF, CFP, EA, talks about the tax consequences of short selling in this Financial Advisor article: Read more
Billboard Announces Top Business Managers for 2021
Congratulations to Mark Carter, Bruce Kolbrenner, Joseph Callaghan, Lahteefah Parramore, Thomas Smith, and Simon Winters for being named to Billboard’s 2021 Top Business Managers List! Thank you for all your hard work
Do I Qualify For The Child And Dependent Care Credit?
The child and dependent care credit is a helpful tax credit for many families but only if you meet the requirements. Robbin Caruso discusses some mistakes people can make when claiming this credit in this Forbes Advisor Article
Last Year’s Unemployment Benefits Could Cost Americans $50 Billion at Tax Time:
Prager Metis Partner and CPA, Robbin Caruso, was recently interviewed by CBS News Money Watch with regards to how unemployment benefits, stimulus checks and other items specific to the year 2020 could affect your tax returns this year.
New Tax Scams: How to Spot the Latest Cons
The Coronavirus has brought out new ways for scammers to take advantage of tax payers, with many targeting people who are still waiting in stimulus payments.
Wharton Business Radio Guest Audio
E. Martin Davidoff, recently appeared on “a Your Money” broadcast by Wharton Business Radio on SiriusXM, to talk about what small business owners and remote workers need to now when filing their taxes this year.
Prager Metis Promotes Fernando Lopez and Andrew Sgro to Principals of the Firm
Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, and Asia, congratulates Fernando Lopez and Andrew Sgro on their promotions to Principal, effective January 1, 2021.
Prager Metis is proud to offer Employee Retention Credit (ERC) calculation assistance!
The recently-signed Consolidated Appropriations Act of 2021 made significant changes to the rules surrounding the CARES Act Employee Retention Credit (originally a refundable payroll credit for 50% of “qualified wages”
Prager Metis CPAs Expands Into North Carolina, Combines with Blair, Bohlé & Whitsitt, PLLC
January 20, 2021 – New York, NY— Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, and Asia, and a member of GGI Global Alliance AG, announces their combination with Blair, Bohlé & Whitsitt, PLLC a
Maximizing the After-Tax Value of Incentive Stock Options
ISOs are often part of key employee compensation packages. Robbin Caruso gives her input on this topic in this Financial Advisor article
Tips for Overcoming Work-From-Home Complications When Filing Taxes
Yahoo Finance’s Alexis Christoforous and E. Martin Davidoff, Prager Metis Partner, discuss how to navigate filing taxes amid the pandemic:
Prager Metis Names Lori A. Roth Co-Managing Partner
January 14, 2021 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is very proud to announce Lori A. Roth has been named Co-Managing Partner effective January 1, 2021
Cryptocurrency’s value plummets. Here’s what it means for your taxes
Buying and selling cryptocurrency aren’t the only actions that create a reporting obligation. E. Martin Davidoff offers valuable information on this topic in this CNBC article
Latest Relief Law Refines PPP Loan Conditions
The Consolidated Appropriations Act corrected and clarified certain points relating to PPP Loans. Robbin Caruso offers her insight in this Financial Advisor Magazine article. Click Here
A Dive into the Stimulus Package’s Tax Provisions
The recent stimulus package contained several provisions relating to PPP loan forgiveness and treatment of related expenses. Robbin Caruso explains the guidance in Accounting Today. Click Here
Highlights of $900 Billion COVID-19 Relief Bill Passed By Congress on December 21, 2020
The following information highlights the key COVID-19 related relief passed by Congress on December 21, 2020 as part of the Consolidated Appropriations Act, 2021 (a $2.3 Trillion Federal Funding and COVID relief legislation),
The role of family CPAs in IRS tax controversies
In the same way a patient wouldn’t expect their family physician to perform heart surgery or a kidney transplant, family CPAs may not always have an expertise in tax controversy to resolve your IRS matter.
Prager Metis Welcomes Walt Brasch, Jr., as New Partner
December 16th, 2020 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe & Asia, welcomes Walt Brasch Jr., CPA, as its newest partner.
Stephanie Gigliotti Panelist at the PICPA Accounting & Auditing Conference Webcast
At a recent PICPA conference, Stephanie Gigliotti, CPA, co-presented the risk assessment requirements and clarified the aspects of risk assessments frequently missed. Learn more about how Stephanie can make your world worth more
Lori Roth, National Managing Partner, Has Been Named Thought Leader by the New Jersey Business & Industry Association
We are proud to congratulate Lori Roth, CPA/ABV,CFF, National Managing Partner, for being named a Business Thought Leader by the New Jersey Business and Industry Association. NJBIA recognizes Lori for her valued contributions to
Prager Metis CPAs Welcomes Louis Mezzina as Senior Advisor
November 30, 2020 – New York, NY — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia, welcomes Louis Mezzina, CPA as a Senior Advisor in our Not-for-Profit Services Practice. He brings to t
Prager Metis Welcomes Lahteefah Parramore as New Partner; Combines with INQUE Management
December 2nd , 2020 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe & Asia, is excited to welcome Lahteefah Parramore, CPA, as our newest Partner! Lahteefah comes to Prager Me
Craig Manzino speaks to American Conservatory Theatre’s MFA Class of 2021
Partner Craig Manzino speaking with the American Conservatory Theatre’s MFA Class of 2021 about best practices for self-producing and financial preparedness for their futures as professional actors.
How musicians living in the UK may be affected by Brexit
The ability to travel and work freely and easily in the EU is of paramount importance to our members. That's why we campaigned to stay in the EU, and why we do not support the Withdrawal Bill that has passed through parliament.
Useful links
Links: The Government’s Transition Checklist Click here.
Variety’s Business Managers Elite 2020
Congratulations to Craig Manzino, Dean Michaels, Richard Goldstein, Simon Winters, and Thomas Smith for being included in Variety’s 2020 Business Managers Elite. Thank you for being part of our team and to our entire team for all your hard
Brexit – Changes for Businesses and Individuals
The UK is leaving the EU Single Market and Customs Union and the end of the transition period on 31 December 2020 will affect Individuals, businesses as well as travel to and from the EU.
Prager Metis Announces 2020 Excellence Award Recipients
November 6, 2020 – New York, NY— Prager Metis is proud to announce the names of the 2020 recipients of the Prager Metis Excellence Awards, which were presented via Zoom at the firm’s virtual Partner Summit Thursday evening.
Coronavirus Self-Employment Income Support Scheme Grant Extension
What We Know The Government announced on 2 November 2020 that it will double the level of financial support for self-employed workers in November during the second coronavirus lockdown in England.
Prager Metis Expands National and International Presence; Forms Nagano Morita, a Division of Prager Metis
November 4th, 2020– New York, NY— Prager Metis, a leading accounting, tax, advisory, and business consulting firm with offices in North America, Europe, and Asia, announces its newest expansion, Nagano Morita, a division of Prager Metis.
Self-Assessment Customers to Benefit from Enhanced Payment Plans
As part of the Government Support Package to deal with the COVID-19 pandemic, HMRC have announced earlier this year that: The July 2020 Payment on Account may be deferred until 31 January 2021. This in an automatic offer with no
Payment of VAT
On 20 March the Government announced that VAT payments would be deferred for a period of three months. The deferral: Was available to all UK VAT registered businesses (including non-established taxable persons); Applied to payments due bet
Business Grants
Following the lockdown measures announced by the Government on 31 October 2020 that are due to take effect on 5 November, the Government has announced that it will provide financial support via grants for those businesses that are required
Coronavirus Job Retention Scheme
What We Know Following the lockdown measures announced by the Government on 31 October 2020 that are due to take eff ect on 5 November, the Coronavirus Job Retention Scheme (“CJRS”) which was due to end on 31 October 2020, will be extended until December. The Job Support Scheme which was due to take effect from 1 November has now been postponed.
Prager Metis Executive Lori Roth Joins NJBIA Board of Trustees (Originally published by NJBIA)
Lori Roth, an executive at the Top 50 accounting firm Prager Metis, has been named to the board of trustees of the New Jersey Business and Industry Association. As national managing partner at Prager Metis, Roth oversees the entire firm’s
Helping Small Businesses Survive and Thrive
“This is not a one-size-fits-all [scenario].” In New Jersey Business Magazine, Robbin E. Caruso shares her insights in helping small businesses navigate the pandemic and advises businesses to evaluate their methodology to improve their futu
SBA Releases Additional Guidance and a New Loan Forgiveness Form for PPP Loans of $50,000 or Less
On the evening on October 8, 2020, the Small Business Administration (SBA) in conjunction with the U.S. Treasury issued additional guidance for small Paycheck Protection Program (PPP) loans of $50,000 or less, along with a new PPP loan
New York Forward Loan Fund: Small businesses and nonprofits that have received PPP loans of up to $50,000 now eligible
Empire State Development recently announced that a number of small businesses and nonprofit organizations are now eligible to receive low-interest loans through the New York Forward Loan Fund (NYFLF) if they received $50,000 or less in
Accounting Today – Building a PPP Practice
latest article in Accounting Today, Building a PPP Practice. Robert O. Mayer & Edward P. Rigby discuss our firm's PPP Loan Services and they share their insights on possible scenarios to help clients maximize their business loan forgiveness
LIBN Top 50 Women in Business
Congratulations to Partner Marianna Mooney for being named to Long Island Business News Top 50 Women in Business List. The award recognizes Long Island’s top women professionals for their business acumen, mentoring,
Crain’s 2020 Notable Women in Accounting & Consulting
We extend a warm congratulations to Lori A. Roth, Dawn Bergen, and Ladidas Lumpkins for being named to Crain’s New York Business’ 2020 Notable Women in Accounting and Consulting List. The Award honors the success our team members
Job Support Scheme
The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce.
Self-employment Income Support Scheme (SEISS) Grant Extension
The Chancellor recognises the continued impact that COVID-19 has had on the self-employed and has taken action to provide support. The SEISS Grant Extension provides critical support to the self-employed.
Will bitcoin hit $20k in 2020? All eyes on BTC as consolidation
Bitcoin has traded consistently above $10k over the last eight weeks, a pattern of consolidation that many analysts believe may eventually give way to a bull run later this year. Peter Goodrich offers insights into the performance of bitco
Kickstart Scheme Grant
The Kickstart Scheme provides funding to employers who create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment.
Coronavirus Job Retention Bonus (“CJRB”)
The Coronavirus Job Retention scheme (CJRS) is ending on 31 October 2020. For the final month of CJRS, the government will pay 60% of wages up to a cap of £1,875 for the hours the employee is on furlough.
Presenting the 2020 NJBIZ Accounting Power 50
Glenn L. Friedman and Lori A. Roth have been named to the NJBiz 2020 Accounting Power 50 List! Honorees are recognized as being among “the most influential men and women in the profession that keep the state’s businesses on track."
Prager Metis Announces PM Internal Audit Services LLC
September 21, 2020– New York, NY— Prager Metis, a leading accounting, tax, advisory, and business consulting firm with offices in North America, Europe, and Asia, announced today it has created a new affiliate company,
Prager Metis Launches Latin Entertainment Group
September 17th, 2020 – New York, NY— Prager Metis International, a leading advisory and accounting firm with offices in North America, Europe, and Asia, announces the launch of the Latin Entertainment Group.
Prager Metis Announces New Affiliate – PM Credit Management
September 15, 2020– New York, NY— Prager Metis, a leading accounting, tax, advisory, and business consulting firm with offices in North America, Europe, and Asia, announced today it has created a new company PM Credit Management LLC.
Podcast: Client Accounting Services Best Practices with Hayley Mayer of Prager Metis CPAs
The AI in Accounting Podcast helps accounting professionals prepare for the future of outsourced accounting and accounting technology with expert tips and best practices on artificial intelligence (AI), automation, and machine learning.
IRS finalizes regs on BEAT for multinationals
The Internal Revenue Service released final regulations Tuesday for the base erosion and anti-abuse tax, or BEAT for short, a part of the Tax Cuts and Jobs Act of 2017 that is supposed to discourage multinational corporations from shifting
Temporarily Relocating to an Out-of-State Secondary Home Due to COVID-19? You May be Subject to Double Taxation on the Same Income
As the CORONA VIRUS Pandemic spread across the United States at the end of March, much of the Country was required to shut down business operations because of governmental stay-at-home orders.
Are Expenditures Paid From Paycheck Protection Program (PPP) Loan Proceeds (That Qualify For Loan Forgiveness) Deductible For Income Tax Purposes?
Many clients and colleagues have been asking a key question regarding the PPP loan program enacted as part of the CARES Act signed into law in March, 2020. The key question is, “can I deduct the expenses that are paid with the PPP loan
Main Street Loans
Please fill out the form to download our Main Street Loans overview chart where we discuss the key features, eligibility requirements, and application details for a variety of Main Street Loan options. [contact-form-7 id="6135" title="Main St Loan Chart"]
Prager Metis CPAs Welcomes Michael Williams as New Partner
August 5th, 2020 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe & Asia, welcomes Michael E. Williams, CPA, CGMA, MS as its newest Partner. Michael joins Prager Metis
Culture Recovery Fund
Urgent Action now required to apply for Grants and other funding administered by The Arts Council England, The British Film Institute, National Lottery Heritage Fund and Historic England (Last updated 30 July 2020) On 5 July 2020,
LESSONS IN LEADERSHIP WITH GLENN FRIEDMAN & LORI ROTH
Did you miss the interview? Watch CEO Glenn Friedman, CPA, CGMA, and National Managing Partner Lori A. Roth, CPA/ABV, CFF share leadership tips and tools for all business leaders in a post-COVID-19 environment on Steve Adubato’s Lessons in
Presenting the 2020 NJBIZ Accounting Power 50
Glenn L. Friedman and Lori A. Roth have been named to the NJBiz 2020 Accounting Power 50 List! Honorees are recognized as being among “the most influential men and women in the profession that keep the state’s businesses on track.”
Prager Metis CPAs Congratulates Hayley Mayer On Her Promotion to Principal
July 16th, 2020 – New York, NY — Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, and Asia, announces the promotion of Hayley Mayer to Principal effective July 1st, 2020. Hayley has over fifteen
Peter Goodrich Article in Dchained – Cryptocurrency Tax Compliance
The COVID-19 pandemic has induced a shift toward the digitization of currency. Read the article in @Dchained by Peter Goodrich, Tax Manager, where he discusses the different tax implications determined by the type of cryptocurrency
Summary of Government changes produced by Prager Metis LLP – 9 July 2020
Rishi Sunak, the Chancellor of the Exchequer, has today announced a reduction in SDLT (tax that is due on the buyer of property) on all residential property purchases with a value of no more than £500,000. The change is effect
Andrea Fantozzi Interview with Milano Finanza – CNBC – Italia
Prager Metis’ Andrea Fantozzi, Partner and Italian Group leader, was interviewed by Stefania Spatti, a journalist at @Milano Finanza a financial and economic media source at CNBC – Italia where he discussed the benefits of the PPP program
Main Street Lending Program for Mid-Sized Businesses – Updated June 23, 2020
The Federal Reserve established the Main Street Lending Program on April 9 and made modifications to some details and key terms on April 30, 2020, and again on June 8, 2020. The most recent modifications include a 2-year
IRS May Issue Millions Of Notices With Dates Wrong
Have you received an IRS notice with a due date or deadline that has already passed? E. Martin Davidoff, Partner in Charge-National Tax Controversy, recently alerted @Forbes writer Peter Reilly to this important development
LAMC Panel Discussion with Prager Metis’ Maria Del Pilar Lopez Director-Entertainment Group
Did you miss the LAMC panel discussion with Prager Metis’ Maria Del Pilar Lopez Director-Entertainment Group? Watch the panel Finance for Musicians & Entertainment Companies here:
LAST CALL FOR 2016 TAX REFUNDS You Can Help Yourself by Filing Back Year Tax Returns
Over the past several months, COVID-19 has caused tremendous mental, physical, and financial disruptions such that the President declared a National Disaster.
Prager Metis CPAs Expands New Jersey Presence; Combines with William J. Keephart, CPA, PA
June 11, 2020 — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its combination with William J. Keephart CPA, PA, a firm located in Lawrenceville, New Jersey.
COVID-19 Creates Opportunities for Many Businesses
COVID-19, a terrible virus which has brought unimaginable hardship to many, has changed the way we operate our businesses. We have never experienced anything like this: numerous businesses have had to shut down,
IRC Section 165(i) Special Election to Deduct Current Year Disaster Losses in Preceding Tax Year – Prager Metis
Existing tax law under IRC Section 165(i) allows a special election to deduct losses occurring in a federally declared disaster area in the tax year immediately preceding the tax year that the loss was incurred.
Coronavirus Job Retention Scheme
• CJRS closes to new entrants on 30 June. • Given the minimum furlough period, if Employers are yet to make a claim under CJRS and they wish to do so going forward under the new scheme “CJRS2” then they have until 10 June to notify staff so that their period of furlough can commence in time. • For Employers who have previously made a claim under CJRS, they too have until 10 June to notify any employee not previously furloughed, if they wish for that employee to be eligible under CJRS2.
Prager Metis is proud to support the Latin Alternative Music Conference (LAMC)
Prager Metis is proud to support LAMC. Maria Del Pilar Lopez Director-Entertainment Group, will be a panelist on Friday, June 12th, on the topic Finance for Musicians & Entertainment Companies.
LESSONS IN LEADERSHIP: LORI ROTH & RICH FUCHS
Did you miss the interview? Listen to Lori Roth, CPA/ABV, CFF, National Managing Partner and Rich Fuchs, CPA, Managing Partner – Basking Ridge Office share leadership tips in building relationships, business development
CARES Act: The Next Steps
Join the Financial Planning Association of New Jersey and Prager Metis’ Steven Bernknopf, Edward P. Rigby, and Robbin E Caruso in the upcoming webinar on Wednesday, May 27 at 9 am.
PPP Loan Guidance – FAQs
The experts at Prager Metis have created this Frequently Asked Question sheet regarding PPP Loan Forgiveness. The answers to these questions are based on government guidance as of May 15, 2020.
How to Work Around Delays in Major IRS Functions
The IRS has made cuts in staffing and numerous taxpayer services due to the coronavirus. E. Martin Davidoff explains the options for taxpayers needing help in this NerdWallet article by Tina Orem
Main Street Lending Program for Mid-Sized Businesses – Updates
The Federal Reserve established the Main Street Lending Program on April 9 and made modifications to some details and key terms on April 30, 2020.
Frequently Asked Questions with Prager Metis, May 18, 2020 at 3 pm ET / 12 pm PT
Register Today! Join Santander and Prager Metis’ Partner’s Robert O. Mayer and Edward P. Rigby for a webinar on Monday, May 18 at 3pm ET/ 12pm PT for a Q&A session on PPP Loan Forgiveness.
Your employer just received a PPP loan — here’s what that means for you
Paycheck Protection Loans provide relief to businesses but with certain stipulations. Robbin Caruso recently offered her insight to Business Insider on what this means for businesses and employees.
Taxpayers Have Until 12pm on May 13th to Sign Up for Stimulus Check Direct Deposit
The IRS has announced that taxpayers that wish to receive their stimulus payments via direct deposit have until noon on Wednesday, May 13th to provide their bank account details via the Get My Payment tool.
Prager Metis Now Accepts Bitcoin and Bitcoin Cash for Payments through Partnership with BitPay
Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is proud to accept Bitcoin and Bitcoin Cash as payment through BitPay, the largest global blockchain payments provider. The ability to accept Bitcoin and Bitcoin Cash as payment positions Prager Metis to not only expand new customer acquisition opportunities but also seamlessly operate in the digital world. As a push transaction, clients send the exact amount of Bitcoin or Bitcoin Cash needed to pay the bill.
Summary of Government Support produced by Prager Metis LLP –Last updated 29 April 2020
The Coronavirus Bounce Back Loan has been designed for small and medium-sized businesses enabling them to borrow between £2,000 and £50,000 (capped at 25% of turnover) with the Government taking on 100% of the risk.
Summary of Government Support produced by Prager Metis LLP – Last updated 4 May 2020
Finding Financial Support The Government has launched an on-line tool to help both Companies and the self-employed find details of the loans, tax relief and grants they may be eligible for. The business Support Finder can be found at the following web page Click Here.
How to Get Your Company Ready Now for the Post-Virus Construction Recovery
If you are a construction contractor, you have most likely read numerous articles describing the unprecedented impact of COVID-19 on your business. At this writing, Dodge Data & Analytics lists 233 “Virus vs. Construction” stories on its website.
The limits of coronavirus relief: A real-life case
Many taxpayers face unique circumstances which need to be taken into consideration when determining the best course of action for resolving tax issues. Robbin Caruso presents options to a taxpayer facing loss of her tax refund in the midst of the nationwide pandemic in this Accounting Today article by Roger Russell: Click Here.
CARES Act: Relief for Businesses – Updated
Please Click here for a detailed listing of the key features, eligibility requirements and application details of relief resources provided by the CARES Act to assist businesses who have been adversely affected by the coronavirus.
IRS hits the brakes on collections in response to the coronavirus
The IRS recently paused tax collection activities in response to the coronavirus. Click here to read Marty’s and Robbin’s insight into what this means for those in IRS payment agreements in this recent Accounting Today article by Roger Russell: Read More.
Estate, Gift, and Income Tax Planning in the Time of COVID-19: A Primer for Families and Their Closely-Held Businesses
Covid-19 has unleashed an emotional, physical and financial assault on all of us. We are all part of the whole; but understandably, we also see the world from our own perspectives.
I Have Fallen and Now I Need Help To Stand Up Again
We have all fallen. We had a daily routine – we went to work at the office and met face to face with our team, clients, or prospects. Now, however, we work hard just to keep up our spirits and morale while working from home
How Do the SECURE Act and QDOTs Impact Retirement Assets Intended for a Non-U.S. Citizen Surviving Spouse?
The SECURE Act, enacted in December 2019, changed the Required Minimum Distribution (RMD) guidelines for IRAs. Most beneficiaries must now take full distribution of an IRA within 10 years of the owner’s death.
Determining Risk Assessment in a Financial Statement Audit
The American Institute of Certified Public Accountants (AICPA) issues, as necessary, Statements on Auditing Standards, also called “SASs.” Of the current total of 130+ SASs, numbers 104-to-111
New International Value Standards (IVS) Include Several First-Time Requirements for Discount Rates and Complex Capital Structures
The International Valuation Standards Council (IVSC) consists of over 120 member organizations in 47 countries, including the U.S. The IVSC develops, maintains and updates International Valuation Standards (IVS)
Main Street Lending Program: What The Government is Doing for Mid-Sized Businesses
Many have asked what the government has done for medium-sized businesses. On April 9, 2020, details were released by the US Treasury for a $600 billion loan program for businesses with up to 10,000 employees
Cryptocurrency From the Fringes to the Mainstream
Please join us on Monday, April 20, 2020 at 2pm ET/11am PT. Peter Goodrich of Prager Metis CPAs and Seth H. Ostrow of Meister Seelig & Fein LLP will discuss how cryptocurrency has moved from the fringes to the mainstream
Calculating PPP Loan Forgiveness
The Paycheck Protection Program (PPP) created by the CARES Act provided up to $10 million at 1% interest for a maximum period of 2 years. However, it was created with the intent of companies impacted by the COVID-19
Important Information Regarding Paycheck Protection Program (PPP) Loans
The Paycheck Protection Program (PPP) is an SBA loan program designed to help small businesses keep their workforce employed during the COVID-19 pandemic.
