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."
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."
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.
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 Many people have an outdated idea of what a public accountant does, their work/life balance, and how this career can change others' lives and your own.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.
“Is Bitcoin Worth Investing In?”
Brian Goldblatt, Prager Metis’ Digital Assets Industry Leader, was quoted in U.S. News' article "Is Bitcoin Worth Investing In?". The article discusses how Bitcoin fits in your investment portfolio, the risks of owning cryptocurrency, and the future of the cryptocurrency.
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
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.
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."
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 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.
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
Prager Metis Welcomes Maren Stenseth as Principal
Noted Expert in Entertainment Industry Joins the Firm’s Business Management Group September 8th, 2021 – Los Angeles, CA — Prager Metis, a leading accounting and advisory firm with offices in North America, Europe and Asia, welcomes Maren Stenseth, CPA, CFP® as its newest Principal. Maren joins Prager Metis’ Business Management Group and is based out of Prager Metis’ Los Angeles, CA office.
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
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
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
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
Shoutout LA Interviews Jennifer Coyne
Business Manager Jennifer Coyne recently sat down with Shoutout LA as part of their Decision Makers: Difficult Decisions series. Read the interview here: Read more.
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
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.
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:
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
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.
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
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.
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
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.
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
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
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
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
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"]
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
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
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
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.
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.
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.
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
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
COVID-19 International Tax & Travel Considerations: What Cross-Border Businesses, Employers and Employees Need to Know
For almost a year, a friend and his wife who reside in New York, had been planning a trip to Peru, including a cruise around South America. Their scheduled departure date: March 12, 2020. With the COVID-19 news getting worse by the day, the
IR-2020-66: IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others
The IRS expands additional relief for taxpayers due to Coronavirus Pandemic with Notice 2020-23 which expands prior relief to include a deferral of any Federal tax return or other form filing obligation originally (or pursuant to an extension) due on or after April 1, 2020, and before July 15, 2020 to July 15, 2020. Read More.
U.S. Treasury Releases Official CARES Act Guidance for Nonprofit Organizations
On March 31, 2020, the United States Department of the Treasury released its initial guidance for nonprofit organizations concerning the recently signed Coronavirus Aid, Relief, and Economic Security Act, or the “CARES Act.”
3 Bad Reasons To Take Money Out Of Your Retirement Savings
The CARES Act contains provisions that allow individuals to withdraw money from 401K retirement plans and IRAs prematurely without penalty. Partner Robbin Caruso recently
The CARES Act: What Qualified Retirement Plan Sponsors Should Know
The recently passed CARES (Coronavirus Aid, Relief, and Economic Security) Act provides financial relief to individuals and businesses. This stimulus package also contains several important changes impacting qualified retirement plans.
IRS Collection Activities During COVID-19
On Monday, March 30th, the IRS began to implement actions to pause collection activities for many taxpayers to help alleviate economic pressures due to the current COVID-19 related crisis.
Job Retention Scheme
The aim of the scheme is to help employers who have taken a financial hit to their business as a result of Covid-19 and cannot afford to pay employee salaries.
Self-employment Income Support Scheme
This new scheme has been set up by the government to provide support for those who are self-employed, either as a sole trader or a partner in a partnership.
Companies House – Statutory Accounts filing extension
If your accounts will be late because your company is affected by COVID-19, and your filing deadline has not yet passed, you can apply for an automatic and immediate 3 month extension to file your accounts.
CARES Act: Relief for Businesses
Please click here for a detailed listing of the key features, eligibility requirements and application details of relief resources provided by the CARES Act
Advanced Payment of Employer Credits Due to COVID-19
On March 31, 2020, the Treasury Department and the IRS issued IR-2020-62. This notice describes the procedure for obtaining advanced payment of the Employee Retention Credit under the CARES Act
Small Business Paycheck Protection Program – Applications Open April 3
Small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans under the Federal Paycheck Protection Program beginning April 3.
RMD Deferrals Aren’t Retroactive. We Answer Your Questions About the Cares Act
The CARES Act suspended required minimum distributions from 401(k) and 403(b) and individual retirement accounts. How does this provision affect those who have already taken a 2020
Billboard’s Top Business Managers 2020 List
Congratulations to Joseph Callaghan, Bruce Kolbrenner, Thomas Smith, and Simon Winters for being included in Billboard's Top Business Managers 2020 List. Thank You for being part of our team and for all your hard work. Click here to read the full article
Prager Metis Introduces COVID-19 Crisis Response Team
During uncertain times, you need a team you can trust. At Prager Metis, we have a COVID-19 Crisis Response Team ready to help you navigate through the challenges surrounding crisis management,
COVID-19 Relief Resources for New York City Businesses
Below are some relief resources for low or no-interest loans and grants which are presently being offered to businesses in New York City which have been affected by COVID-19.
Am I eligible for the 2020 stimulus check?
On March 27, 2020, Congress passed and the President signed a $2.2 trillion stimulus bill. Part of the bill provides a one-time direct payment to eligible individuals.
Highlights of Business Tax Provisions in H.R. 748
The CARES Act temporarily repeals the 80 percent of taxable income limitation enacted by the Tax Cuts and Jobs Act, which was generally effective for taxpayers beginning after December 31, 2017.
Breaking Entertainment Industry News
As news and updates occur in the entertainment industry, please visit our resource center for the latest updates and resources available: Click Here. Please reach out to our team of professionals for further assistance.
The CARES Act: What the Stimulus Package Means for You
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March 27, 2020, infusing $2 trillion into our economy.
New York State Offers Shared Work Program
NYS Dept. of Labor is currently offers a Shared Work Program which can help businesses keep trained staff and avoid layoffs resulting from COVID-19 shutdowns. Details of the program can be found here: Click Here.
Breaking Healthcare Industry News
It's no surprise that every sector of the healthcare industry is on the front lines of the coronavirus pandemic. Visit our resource center for the latest news affecting the industry and what the public can do to help. Helpful Links:
Managing Cash Flow With Cost Segregation During Coronavirus Crisis
At PM Business Advisors, we are committed to doing our part to help prevent the spread of Coronavirus (COVID-19) within our communities, and we are continuously monitoring this evolving situation
People First Initiative Temporarily Adjusts/Suspends Compliance Payments
IRS Commissioner Chuck Rettig announced provisions of the People First Initiative relating to postponement of certain payments to Installment Agreements and Offers in Compromise and enforcement actions.
‘Too Small to Fail’ Some Tips for Bars and Restaurants On Weathering the Virus Crisis
If nothing else, the coronavirus, or COVID-19 has made clear just how socially engaged Americans are, human-to-human, despite the purported dominance of the “virtual life” on social media.
Federal Tax Filing Date Now Extended to July 15, 2020
Treasury Secretary Steve Mnuchin announced today the extension of the tax filing date from April 15 to July 15. While tax payments due on April 15 had been previously extended to July 15
Accounting Today list-we could all use some good news!
Accounting Today named Prager Metis to the #39 spot on the 2020 Top 100 Firms Report. Prager Metis is listed as #1 on the Pacesetters in Growth for Top 100 Firms.
NJ Business Owners Eligible to Apply for Economic Injury Disaster Loans
The SBA has declared the State of New Jersey a disaster state in wake of the Coronavirus pandemic. This declaration allows impacted NJ small business owners to apply for low-interest Economic Injury Disaster Loans (EIDLs)
Families First Coronavirus Response Act
The Families First Coronavirus Response Act has been signed into law, providing a second package of coronavirus related appropriations.
A Message from PM Wealth Management – A Clear Vision of Financial Goals
Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost.
IRS Establishes Coronavirus Tax Relief Resource Page
The IRS has established a Coronavirus Tax Relief resource page for taxpayers and businesses affected by COVID-19.
State Tax Updates & Extensions For Those Affected by COVID-19 – Updated March 18, 2020
The following States have issued updated tax deadline information for those affected by Covid-19.
COVID-19 Pandemic Poses Complex HR Policy Questions
Questions from employers and employees about coronavirus (COVID-19) pandemic are multiplying almost as fast as the virus itself.
SBA to Provide Disaster Assistance Loans to Small Business
In light of the evolving situation revolving around Coronavirus, the US Small Business Administration will be providing disaster loans for small businesses impacted by Coronavirus.
Tax Filing and Payment Deadlines Extended for California Taxpayers
The California Franchise Tax Board (FTB) announced that tax extensions would be offered to California taxpayers affected by the COVID-19 pandemic.
A Message from Prager Metis About COVID-19
We are continuing to monitor and respond to the situation surrounding the coronavirus (COVID-19) and want to assure you that we are committed to maintaining the health and well-being of our team members, clients, colleagues, and their famil
Accounting Today-Firms go remote at breakneck speed in response to coronavirus pandemic
How has your work-life changed during these uncertain times? Prager Metis was included by Accounting Today in an article entitled “Firms go remote at breakneck speed in response to coronavirus pandemic?” We have business continuity plans in place utilizing various technologies to remain committed to delivering the service our clients are accustomed to receiving. Click here to read the full article
Prager Metis Woodbury, New York Office Relocates to Larger Office
Move to Newly Renovated Space to Accommodate Growing Team and Client Base in Long Island
Accounting Industry Leadership Council Formed to Support Alzheimer’s Association
Have you heard? Prager Metis and the Alzheimer’s Association have joined forces to create an Accounting Industry Leadership Council!
15 Legal Secrets to Reducing Your Taxes.
Robbin Caruso, CPA, CGMA was recently interviewed for a US News & World Report article entitled “15 Legal Secrets to Reducing Your Taxes.
Edward Rigby, Partner Interview with NJTV News
In case you missed it, tune in and watch NJTV News, Partner Edward Rigby discusses the rising operating costs in New Jersey. Click here to watch the entire news clip: https://bit.ly/384E2Db
Analyzing the most common tax mistakes made
Marty Davidoff joined “On the Move” to talk about the most common tax mistakes people make. Click here to watch the Yahoo Finance video. To find out how our Tax Controversy team can assist you with your IRS and State tax issues, please visit our tax controversy page.
Glenn Friedman Named to ROI- NJ’s The ROI Influencers Power List 2020
CEO and Co-Managing Partner, Glenn L. Friedman was named to NJ ROI's The ROI Influencers Power List 2020: Accountants. Please click here to view the full list.
New York SHIELD Act
Understanding The New York SHIELD Act The New York “Stop Hacks and Improve Electronic Data Security Act” (SHIELD Act) goes into effect on March 21, 2020. The SHIELD Act requires all businesses that collect private information on New York residents to implement reasonable cyber security safeguards to protect that information.
Prager Metis’ White Plains Team Joins Rye Brook Office
February 24, 2020 – White Plains and Rye Brook, NY – Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, and Asia, has relocated its White Plains, New York team to its Rye Brook, NY office. The Rye Brook location is one of three new offices added in Prager Metis’ combination with the downstate offices of D’Arcangelo & Co., LLP earlier this year. The move to 800 Westchester Avenue, Suite N-400, Rye Brook, NY was effective February 10, 2020.
Michael Durant, Senior Accountant, Interview with NPR MARKETPLACE
In case you’ve missed it, Senior Accountant Michael Durant was one of ten professionals profiled by with NPR's MARKETPLACE for their series "Is the Economy Working for You?" Listen to the podcast that takes a look at our economy through the eyes of the people, and not just the numbers: https://bit.ly/3bYMlDM
Prager Metis CPAs Welcomes Jennifer Coyne as New Director
February 4th, 2020 – Woodland Hills, CA — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe & Asia, welcomes Jennifer L. Coyne, CPA, as its newest Director. Jennifer joins Prager Metis as a Director in the Business Management Department and will be based out of Prager Metis’ Woodland Hills, CA office.
Prager Metis Expands New York Presence; Combines with Downstate Offices of D’Arcangelo & Co., LLP
Prager Metis, a leading advisory firm with offices in North America, Europe, and Asia, announces its combination with the downstate offices of D’Arcangelo & Co., LLP. The combination will add three new offices for Prager Metis, located in Poughkeepsie, Rye Brook, and Millbrook, NY. The combination will be retroactively effective as of January 1, 2020.
Variety’s Business Managers Elite List 2019
Congratulations to Craig Manzino, Joe Rust, Melody Young, and Dean Michaels for being included in Variety's Business Managers Elite 2019. Thank You for being part of our team and for all your hard work. Click here to read the full article
Prager Metis’ Joseph Rust Named Chief Strategic Innovation Officer
January 8th, 2020 – New York, NY — Prager Metis, a leading advisory and accounting firm with offices in North America, Europe, and Asia, is very proud to announce, Joseph Rust, Managing Partner- Western Region, has been named Chief Strategic Innovation Officer, effective January 1st, 2020. As CSIO, Joseph will oversee and advise on all aspects of strategic focus, direction, execution, and encourage a culture of innovation. He will work closely with our team to implement new solutions to best serve our clients and support our growing team.
Prager Metis CPAs Expands New York City Presence; Combines with Shine & Company, LLP
January 6, 2020 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its combination with Shine & Company, LLP, a full service accounting firm based in New York City. The combination is official as of January 1, 2020. The team from Shine & Company has recently relocated to the firm’s New York City office.
Prager Metis LLP Congratulates Mark Carter On His Promotion to Principal
9 December 2019 – London, UK — Prager Metis, a leading accounting and advisory firm with offices in Europe, North America, and Asia, announces the promotion of Mark Carter to Principal in the Business Management Deparment of Prager Metis.
Lori Roth, National Managing Partner, Has Been Named Thought Leader by the New Jersey Business & Industry Association
We are proud to announce that Lori Roth, National Managing Partner, has been named a Business Thought Leader by the New Jersey Business and Industry Association. NJBIA recognizes Lori for her valued contributions to NJBIA and for advancing the competitive nature of business in New Jersey. Click here to read the full article.
Holiday Pop-Up Shop December 5-6, 2019
Visit our Pop-up Shop on December 5–6 , 2019 on the ground floor of 225 W 34th Street from 11 am-7 pm. Designer dresses at bargain prices and gifts from selected vendors available for purchase. Logistics:
Prager Metis CPAs Congratulates Dawn Minogue and Philip J. D’Angelo On Their Promotions to Principal
November 20, 2019– New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North Amerca, Europe, and Asia, announces the promotions of Dawn Minogue and Philip J. D’Angelo to Principals in the Tax and Advisory departments of the firm. Dawn is based out of our New York city office and Philip is based out of our Connecticut Office.
Prager Metis’ Lori A. Roth Named National Managing Partner
November 5, 2019 – 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 National Managing Partner effective November 1, 2019. As National Managing Partner, Lori will manage all of the day-to-day operations for the entire firm and provide guidance and oversight to each of our Regional and Office Managing Partners and Service Line Leaders.
Prager Metis’ Jonathan Gold Named National Tax Practice Leader
November 6, 2019 – 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 that Principal Jonathan Gold has been named the leader of our National Tax Practice, effective November 1, 2019. In this role, Jonathan will have full oversight of Prager Metis’ tax department. "Jonathan has shown his tax expertise along with his impeccable client service and business development skills since joining us in 2018," Joseph Cain, Managing Partner of the Westchester office and former partner in charge of the tax department. "I warmly congratulate Jonathan for his promotion and thank him for his strong commitment to our firm.
Prager Metis’ Joseph Cain Named Office Managing Partner – Westchester
November 6, 2019 – 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 that Partner Joseph Cain has been named Office Managing Partner – Westchester, effective November 1, 2019. Joseph will be stepping down from his previous position as the Partner-in-Charge – Tax which he held since January, 2017. As Managing Partner, Joseph will have full oversight of Prager Metis’ Westchester Office.
Prager Metis CPAs Expands New Jersey Presence; Combines with M Moskowitz and Company PA
November 4, 2019 – Hackensack, NJ — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its combination with M Moskowitz and Company PA. The combination is official as of November 1, 2019, and was facilitated by Dom Esposito of Esposito CEO2CEO. M Moskowitz and Company has also recently relocated to the firm’s Hackensack, NJ office.
Listen to Steve Adubato’s interview of CEO Glenn Friedman
In case you’ve missed it, this past Sunday Steve Adubato (of AM 970 The Answer) interviewed Glenn Friedman. Don’t miss this incredible opportunity to get insights and lessons from the CEO of Prager Metis; click here to listen to the full session.
Prager Metis CPAs Expands New Jersey Presence; Combines with LFL Veritas
October 1, 2019 – Hackensack, NJ — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its combination with LFL Veritas, a firm located in Teaneck, New Jersey. The combination is official as of October 1, 2019. LFL Veritas has also recently relocated to the firm’s Hackensack, NJ office.
Long Island Business News Business & Finance Awards — Congratulations Mary Santoli!
Congratulations to our very own Mary Santoli! Director of Small Business, on receiving the Long Island Business News Business & Finance Award. This award recognizes financial experts whose efforts with Long Island’s corporations, government and nonprofit organizations have made a significant impact on the region.
Crain’s 2019 Notable Women in Accounting & Consulting
We would like to extend a warm congratulations Ladidas Lumpkins, Dawn Bergen, Lori Roth, and Yasmin L. Misuraca for having been named to Crain’s New York Business’s 2019 Notable Women in Accounting and Consulting list! This award honors the success these team members has achieved thus far in their professional career and celebrates their contributions to the accounting industry and the local community as a whole.
EASL’s Annual Music Business and Law Conference 2019
Prager Metis is proud to sponsor EASL’s Annual Music Business Law Conference on Friday November 15th in NYC. Guest speakers include Partner, Lewis Stark, speaking on “Key Financial Building Blocks for Band Merch” and Partner, Austin Jacobs speaking on “Notes Playable and Notes Payable: Trends in Publishing and Master Catalog Transactions.” Visit their website to learn more about the event and register.
Listen to Steve Adubato’s interview of Lori Roth, Managing Partner – Northeast Region
This past Sunday Steve Adubato (AM970 radio) interviewed Lori Roth, Managing Partner - Northeast Region. Don’t miss this incredible opportunity to get leadership insights and lessons from one of our most valued team members! Click here to listen to the podcast.
Middlesex County Bar Foundation’s 25th Annual ‘Day at the Races’
This Way-back Wednesday takes us back to our sponsorship of the Middlesex County Bar Foundation’s 25th Annual “Day at the Races.” Attendance included Walter J. Brasch, CPA, CGMA, Chief Success Officer at Prager Metis, Robbin Caruso, Partner, and Rachel Baldwin among others. The event took place on Friday August 2nd, 2019.
1st Annual Spin For A Cure Fundraiser
Thank you to everyone who came out to our Spin for a Cure in support of Alzheimer's Association yesterday! We had a great time and are so proud to have raised money for a cause so close to our hearts. Special shout-out to SoulCycle Inc. for hosting us!
Prager Metis CPAs Welcomes Ahmed Mohidin as New Partner
July 25, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, welcomes Ahmed Mohidin, CPA, CA, CGMA as its newest partner. Ahmed joins Prager Metis as a Partner in the Audit Group and will be based out of Prager Metis’ Woodland Hills, CA office. “Bringing Ahmed on board is essential for our plans to expand our resources and further strengthen our reputation as the “go-to” experts in Audit Services,” says Melody Young, Managing Principal of the Woodland Hills Office. “Ahmed’s niche expertise in complex audit and accounting issues will enhance the services we provide to our clients and will further strengthen our reputation.” “His extensive and unique background is a valuable addition to the team.”
Prager Metis CPAs Expands Into Washington, DC Metro Area, Combines with Frank & Company p.c.
July 22, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, and a member of GGI International with members in 123 countries, announces their combination with Frank & Company p.c., a firm based in McLean, VA. The combination was effective July 1, 2019. The combination will expand Prager Metis’ presence into the Washington DC Metro area.
Partner E. Martin Davidoff Is a Panelist at the LIU’s 2019 Tax Controversy Forum
E. Martin Davidoff, Partner-in-Charge of National Tax Controversy for Prager Metis, will be a panelist at the LIU’s 2019 Tax Controversy Forum taking place on August 8, 2019. Open to all tax professionals, this event reviews changes in tax law and regulations and presents best practices in dealing with the IRS and New York State in cases involving criminal and civil tax penalties and enforcement.
Swing for a Cure in Support of the Alzheimer’s Association
Score a hole in one in support of Alzheimer's Association by participating in the Swing For a Cure golf event, hosted by the Prager Metis Charitable Foundation. The event will take place on September 24th, 2019 at the Trump Golf Links at Ferry Point in the Bronx, NY. Sign up and lend your support today!
Prager Metis is Proud to Host The Second Annual Art, Talent and Treasure Auction to support the Alzheimer’s Association
Prager Metis is proud to host The Second Annual Art, Talent and Treasure Auction to support the Alzheimer's Association. This year’s Auction will be held on Thursday, July 25. We are excited to see all the amazing donations and experiences available.
Prager Metis Announces Formation of Charitable Foundation
July 16, 2019 – New York, NY— Prager Metis CPAs is proud to announce the formation of The Prager Metis Charitable Foundation, Inc., a 501(c)(3) organization which will serve to coordinate and support the philanthropic fundraising and efforts of the firm. Former New York City Office Managing Partner, Steven Topal, an integral member of the firm’s leadership team since its inception, will be transitioning to a new role as President of the newly-formed foundation. “Each year the firm sees an increase in the number of requests for donations it receives,” stated Mr. Topal. “The formation of the Charitable Foundation is an important step in ensuring that we are the best stewards we can be for the monies that are ear-marked for charitable causes and making certain the funds are used for the best possible purposes.”
Maria Lopez, Tax Supervisor Speaking at the Latin Alternative Music Conference on July 11th in NYC
Maria Lopez, Tax Supervisor will be speaking at the Latin Alternative Music Conference on July 11th in NYC on the topic: “How to Make Money and Keep it: Latin Artist Finances. Click here to learn more about our services in the entertainment industry: http://bit.ly/2J4KjUY
Prager Metis CPAs Welcomes Christopher Curry as New Director
July 1, 2019 – Woodland Hills, CA— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe & Asia, welcomes Christopher Curry as its newest Director. Christopher joins Prager Metis as a Director in the Business Management Group and will be based out of Prager Metis’ Woodland Hills, CA office. “Bringing Christopher on board is essential for our plans to expand our resources and further strengthen our reputation as the “go-to” experts in Business Management Services,” says Melody Young, Managing Principal. “Christopher’s niche expertise in business management in entertainment and music will enhance the services we provide to our clients and will further strengthen our reputation.” “His extensive and unique background is a valuable addition to the team.”
Spin for a Cure August 5th
Finding a cure for Alzheimer’s disease is an important focus for all of us at Prager Metis. Everyone that you talk to has been impacted by this disease in one way or another. Prager Metis is proud to be a National Sponsor for the Walk to End Alzheimer’s throughout the country (http://bit.ly/2JeKVau), and in conjunction with this effort, the Long Island office has embarked upon the 1st Annual Spinning For A Cure fundraiser!
Saying “I Do?” Prager Metis Can Help You Plan Your Financial Future Together
The month of June is traditionally known as “wedding month.” Getting married transforms every aspect of your life including your finances – taxes, credits, and deductions all change when your filing status and income brackets change. Tax planning is essential to insure you achieve your life goals and share a successful financial future together. Visit our tax planning services page for more information on how Prager Metis can make you and your spouse’s world worth more.
Fernando R. Lopez to Present at the GGI in Houston Taxes on June 20th
Fernando Lopez is in Houston for the GGI International Taxation conference and will be giving a presentation titled “U. S. Tax Reform – GILTI & FDII Update,” on June 20th.
Prager Metis Sponsors The 2019 Museum Ball
This Flashback-Friday takes us back to June 8th, 2019. Prager Metis was proud to sponsor the 2019 Museum Ball at the Nassau County Museum of Art’s historic Gold Coast mansion. The event recreated the wild age 1980s excess where superstars from fashion, society, business, and music converged and received tribute in the Museum’s comprehensive retrospective of that era in the exhibition, That ‘80s Show.
Prager Metis’ Stuart Mayer Named Office Managing Partner-New York City
June 13, 2019 – 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 that Partner Stuart Mayer has been named Office Managing Partner – New York City effective June 5, 2019. As Managing Partner, Stuart will have full oversight of Prager Metis’ New York City Office. His key responsibilities will include growth, profitability, management and leadership, and organization and personnel.
Prager Metis Expands PM Human Capital Solutions to United Kingdom
11 June 2019 – London, UK— PM Human Capital Solutions takes great pleasure in announcing the opening of our newest office in London to serve the recruitment needs for UK based companies. We are equally excited to have appointed Pardeep Thind as the Practice Director. Pardeep will be responsible for the oversight of PM Human Capital Solutions Ltd, where his focus will be to provide accounting and finance recruitment services.
Family Office Team Volunteering Time at the Women in Need Homeless Shelter
Prager Metis’ Director of Family Office, Blair Feldman, Family Office Advisor, Jodi Greco, J. D., and Family Office Associate, Angel Torres, will be providing Excel lessons at the Women In Need, Inc. (Win) homeless shelter in support of the Francine Francine LeFrak Foundation, on Tuesday June 11th. We are part of the community, and are always humbled to do our share in giving back.
E. Martin Davidoff, Partner-in-Charge of the Prager Metis National Controversy Department Has Been Designated a 2019 New Jersey “Super Lawyer”
Congratulations to E. Martin Davidoff, Partner-in-Charge of the Prager Metis National Controversy Department, who has been designated a 2019 New Jersey “Super Lawyer”. The Super Lawyer recognition is awarded to outstanding attorneys who have attained a high-degree of peer recognition and professional achievement.
Melody Young, Managing Principal at Prager Metis, has been nominated for the Los Angeles Business Journal’s Executive of the Year Award
Melody Young, Managing Principal at Prager Metis, has been nominated for the Los Angeles Business Journal's Executive of the Year Award. The event will be held at the J. W.
Stephanie J. Block Wins the 20919 Tony Award for Best Performance by an Actress in a Leading Role in a Musical for The Cher Show
Prager Metis would like to congratulate our client Stephanie J. Block on receiving the Tony Award for Best Performance by an Actress in a Leading Role in a Musical for The Cher Show. Keep lighting up the stage with your story-telling!
Prager Metis’ Lori A. Roth Named Managing Partner for the Northeast Region
June 10, 2019 – 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 that Lori A. Roth has been named Managing Partner for the Northeast Region of Prager Metis effective June 5, 2019. Prager Metis has combined the New York and the Mid-Atlantic Regions to form the new Northeast Region.
Prager Metis is Proud to Support The Drama Club
Prager Metis is a proud sponsor of the Drama Club NYC. The Drama Club, a non-profit organization, will be hosting their annual benefit on Monday, June 10th at Wooster Group Theater in NYC, an evening filled with a reading of R&J- a comedic imaging of Romeo and Juliet. The Drama Club is committed to providing New York City’s most vulnerable youth the opportunity to laugh, play, and cultivate life skills through improvisational theater.
Prager Metis is Proud to be the Official Auditor for the Songwriters Hall of Fame organization in 2019
Prager Metis is proud to be the official auditor for the Songwriters Hall of Fame organization. The Songwriters Hall of Fame celebrates and honors the contributions of our great popular music songwriters, while developing new writing talent through workshops, showcases, scholarships, and digital initiatives. The organization’s 50th Annual Induction and Awards Gala will take place on June 13th.
Partner, E. Martin Davidoff, and Partner, Robbin E. Making Two Presentations at the Company’s El Segundo, Office
E. Martin Davidoff, Partner-in-Charge of the National Controversy Department, and Robbin Caruso, Partner in the Tax Department of Prager Metis, will be making two presentations at the company’s El Segundo, California office on May 30, 2019. “Offers in Compromise”, taking place from 9:30 am-12 noon, is a comprehensive workshop which leads participants through a hands-on journey through the entire IRS OIC process. “Navigating the IRS”, presented from 12:30-2:10 pm, details the tools for dealing with the IRS and offers practical guidance and alternative resolution scenarios. Both courses are open to anyone (from support staff to partner) who deals with or wants to know more about IRS collection matters.
Prager Metis is proud to be a Gold Merit Sponsor at Splice’s Annual Licensing Summit
Prager Metis is proud to be a Gold Merit Sponsor at Splice’s Annual Licensing Summit (Splicelicensors) on June 3rd in Las Vegas at the Tropicana Hotel. Lewis Stark, Partner in our Royalty Audit and Contract Compliance Group, will be speaking on the following topic “Contracts Talk: Are They Telling the Story You Want? ” Lewis will present how the use of certain contractual language maximizes licensors’ royalty revenue while protecting their intellectual properties. He will also discuss the ramifications of using improper contractual language including references to GAAP, GAAS and other standards.
Prager Metis Receives the Long Island Business News – Corporate Citizen of the Year Award for a Mid-Sized Business
Prager Metis is proud to receive the 2019 Long Island Business News – Corporate Citizen of the Year award for a mid-sized business . This award applauds business leadership and above-and-beyond corporate social responsibility. Congratulations to our fellow finalists - see you at the @Crest Hollow Country Club on Wednesday June 5th, 2019 at 8 a.m.
Prager Metis CPAs Expands Forensic and Dispute Advisory Practice; Welcomes New Partner
May 20, 2019 – New York, NY — Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, welcomes Yasmine L. Misuraca, CPA, CFE to the firm as it expands its expertise in the forensic and dispute advisory space. Ms.
The Art of Business – Insight into Counterfeiting
Prager Metis is proud to sponsor “Insight into Counterfeiting”, part of the prestigious series The Art of Business. The event, held at the Austrian Consulate General, welcomes Kunsthistorisches Museum Wien Director, Sabine Hagg, as the keynote speaker for this session.
Long Island Office Bake Sale to Support the Alzheimer’s Association
Prager Metis’s Long Island Office is hosting a bake sale to help raise money for the Alzheimer's Association, on May 15th. Every delicious dollar spent helps us get closer to finding a cure!
Make a Smile Foundation Hosting a Spring Fling Shopping Spree
The Make a Smile Foundation will be hosting a Spring Fling shopping spree on May 11, 2019 – its 4th event this year! Founded by E. Martin Davidoff, Partner-in-Charge, National Tax Controversy, the foundation fills a void by supplying clothing, school supplies, and holiday gifts to children ages 4-8 who are in economic need.
Shop for a Cause
Visit our Pop-up Shop on Friday May 17th and Saturday May 18th at 225 W 34th Street! Special occasion gowns for prom, graduation, and wedding season will be available for purchase, and all proceeds will go to Alzheimer’s Association. Tickets for Friday’s Girl’s Night Sip, Shop, and Save can be purchased here.
Prager Metis Sponsor the 2019 ALS Run/Walk
Prager Metis is proud to sponsor the 2019 ALS Recovery Fund ALS Foundation Run/Walk. Learn more about the event and sign up here.
Prager Metis Holds Ribbon Cutting Ceremony at New Hackensack Office
May 1, 2019 – Hackensack, NJ - Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, celebrated its relocation to its new Hackensack, New Jersey office location during a ribbon cutting and open house event with local officials, company members, and guests. Mayor John P. Labrosse, Jr., Mayor of Hackensack, officiated the ribbon cutting and welcomed Prager Metis to their larger, newly renovated location at 401 Hackensack Avenue, 4th floor, in Hackensack, New Jersey.
Interview With Staff Accountant Michael Durant on John Garrett’s Latest Green Apple podcast
In case you've missed it, listen to Staff Accountant Michael Durant on John Garrett's latest Green Apple podcast, where he discusses his passion for teaching financial literacy to children, learning on the job, and how Prager Metis encourages financial education in the office and through outreach programs: http://tinyw.in/f4HG
Partner, Thomas Smith and Senior Manager, Justin Buencamino speaking at Music Biz 2019
Attending Music Biz this year? Don’t miss our team on the panel: And the Beat Goes On… Managing Celebrity Estates and Beyond on May 5th at the JW Marriott. Our experts from the Royalty Contract & Compliance Group, Partner, Thomas Smith and Senior Manager, Justin Buencamino will be participating on the panel.
Prager Metis is Co-Hosting The Great Escape Drinks Social 2019
Are you heading to The Great Escape? Prager Metis, The Music Publishers Association and Music Insurance Brokers are delighted to invite you our annual drinks social in Brighton at this year’s Great Escape festival!
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 9, 2019, at the The Olde Mill Inn and Grain House Restaurant in Basking Ridge, New Jersey. Platinum Minds is a nonprofit educational and leadership development organization dedicated to assisting boys from environmentally challenged neighborhoods with achieving their full academic potential and becoming leaders in their communities. Visit their website to register for the event: http://tinyw.in/hqex
Michael Durant, Staff Accountant, Speaking at the NextGen: The Conference for YCPAs
Michael Durant, Staff Account at Prager Metis, will be speaking at the NYSSCPA - The New York State Society of CPAs NextGen: The Conference for YCPAs on May 3rd, at the Midtown Loft & Terrace in NYC. The event will highlight expert speakers on career-defining topics for consistent success and upward mobility in the industry. Don’t miss your chance to learn how your strengths can work for you and design an action plan with practical steps to achieve your goals.
Sending Best Wishes and Congratulations to Our Friends and Clients who Received the Tony Awards Nominations!
Sending best wishes and congratulations to our friends and clients who received the Tony Awards nominations! Stephanie J. Block, Laurie Metcalf and Denis Jones!
Prager Metis is Proud to Support the 2019 Annual Ed! Gala: Dedication to Education
Prager Metis is proud to support the Annual Ed! Gala on Friday, May 10th at Chevron Park in El Segundo, CA. The El Segundo Education Foundation represents a partnership of businesses, individuals, and families organized to support and enhance programs of the El Segundo Unified School District.
Congratulations to Our Friends and Clients Nominated for This Year’s Drama Desk Awards
Congratulations to our friends and clients nominated for this year's Drama Desk Awards, Laurie Metcalf, Stephanie J. Block, Arnie Burton, Alison Wright, George Salazar, Denis Jones, and Shaina Taub!
Happy Earth Day 2019
Prager Metis would like to wish everyone a Happy Earth Day! First celebrated in 1970, Earth Day now includes events in more than 193 countries. Learn about some great ways you can do your part for our environment below:
Emerging Managers Forum at the CTA Expo 2019
Are you attending the Emerging Managers Forum at the CTA Expo? Prager Metis is proud to sponsor the 2019 CTA Expo conference, in New York City on April 24th through the 25th, at the Stewart Hotel, stop by our table. The Emerging Manager Forum helps Professional Investors, allocators, capital raisers, institutions, and RIA’s meet and identify new and emerging talent in the Hedge Fund, CTA, FX, and Alternative Management space to promote alternative investments.
Prager Metis is Co-Hosting The Great Escape Drinks Social 2019
Are you heading to The Great Escape? Prager Metis, The Music Publishers Association and Music Insurance Brokers are delighted to invite you our annual drinks social in Brighton at this year’s Great Escape festival! Join on us from 1pm to 5pm at The Coach House, on Friday, 10 May for an enjoyable afternoon of drinks, catching up with old friends and making new ones.
Partner, Bruce Kolbrenner and, Senior Account Manager, Vincent Loris, Presented at the Loyola Marymount University Music Society
Last night at Loyola Marymount University Music Society, our Prager Metis Team, Partner, Bruce Kolbrenner and Vincent Loris, Senior Account Manager presented to college students on the topic, The Business of Music. Our team engaged with students who want to learn more about opportunities that exist in the music industry. Thank you for the invitation Loyola Marymount University.
Prager Metis is Proud to be a Finalist for the 2019 Music Week Award in the Accountancy Firm of the Year Category
Congratulations to our Prager Metis London Team for being shortlisted for the 2019 Music Week Award in the first-ever accountancy category: Accountancy Firm of the Year. The Music Week Awards recognizes excellence within the music industry. Music Week has been the leading trade media brand for the UK music industry for over 50 years, and is essential reading for anyone who needs to understand the business of music, from vinyl to streaming, from the Dublin Castle all the way to Wembley Stadium.
Hackensack Office Open House
You’re invited to join us in celebrating our continued growth and commitment to the New Jersey community at our new location in Hackensack. Please feel free to extend this invitation to any of your associates who would also like to attend. RSVPs are being accepted at: http://hackensackopenhouse.rsvpify.com
E. Martin Davidoff Featured on the WPIX11 Network
E. Martin Davidoff, Partner-in-Charge of the Prager Metis National Tax Controversy Group is pictured below during his television appearance on WPIX TV that aired Sunday, April 7th (6-6:30 am). Marty “talked taxes” with Senior Correspondent and Anchor, Marvin Scott.
Partner, E. Martin Davidoff, to Appear on WPIX-TV News Close-Up, Sunday, April 7th
E. Martin Davidoff, Partner-in-Charge of the Prager Metis National Tax Controversy Group is pictured below in the “green room”, waiting for taping to begin for his television appearance on WPIX. Be sure to tune in to WPIX-TV News Close-up this Sunday, April 7th (6-6:30 am) to see Marty “talk taxes” with Senior Correspondent and Anchor, Marvin Scott.
Robert O. Mayer, Presenting at the Legal Financial Planning Conference
Robert O. Mayer, Chief Revenue Officer of Prager Metis, will be presenting at the Legal Financial Planning Conference, sponsored by the Alzheimer’s Association, for people in the early stage of Alzheimer's disease, their care partners and family members. His topic will be “As a Caregiver are there any tax benefits I can take advantage of ?” Click here to register for the event.
Chief Revenue Officer, Robert Mayer, Presenting at the Legal & Financial Planning Conference
Robert O. Mayer, Chief Revenue Officer of Prager Metis, will be presenting at the Legal Financial Planning Conference, sponsored by the Alzheimer’s Association, for people in the early stage of Alzheimer's disease, their care partners and family members. His topic will be “As a Caregiver are there any tax benefits I can take advantage of ?” Click here to register for the event.
Key Financial Building Blocks Of Licensing Agreements To Maximize Revenue And Protect Intellectual Properties
In the retail marketplace, the cachet of licensed brand merchandise has consistently buoyed consumer sales. In fact, a survey by the International Licensing Industry Merchandisers’ Association (LIMA) showed that global sales of licensed goods rose 4.4 percent from 2015 to 2016, significantly higher than the 2.9 percent growth rate for overall global retail sales. However, a more pertinent issue to brand owners and licensors is royalty revenue, which showed a yearover-year increase of just 1.3 percent.
Prager Metis is proud to support the R Baby Foundation & Michael’s Mission Benefit Concert on April 4th
Prager Metis is proud to support the RBaby Foundation & Michael's Mission Benefit Concert on April 4th at the Hammerstein Ballroom in New York. The benefit will feature a performance by Rev Run of Run DMC, with additional entertainment to come. The R Baby Foundation is the first foundation uniquely focused on saving babies’ and children’s lives by improving pediatric emergency care through life-saving training, research, education and equipment.
Partner Simon Winters named to Music Business UK’s “The Legal & Accountancy 50” Almanac!
Congratulations to Partner Simon Winters on being named to Music Business UK’s “The Legal & Accountancy 50” Almanac! We are proud and honored that you are part of the Prager Metis family! The inaugural almanac from Music Business UK and Centtrip was voted on by music industry insiders.
2019 Annual Gala Poseidon’s Night: Rising from the Depths
Prager Metis is proud to continue its support of the annual fundraiser gala to benefit the Miami Bridge Youth & Family Services. The gala took place on March 16th and the theme of the event, Rising From the Depths, led the audience on an epic adventure through Poseidon’s watery realm. Visit their website to learn more and about the organization.
Partner Marianna Mooney Receives the 2019 Premier Business Women of Long Island Award
Congratulations to Partner Marianna Mooney, on receiving the 2019 “Premier Business Women of Long Island” award. We’re honored and proud that you’re a part of the Prager Metis family. The award will be presented at the Premier Business Women of Long Island Awards Gala, March 28th.
Chief Revenue Officer, Robert O. Mayer, Speaking at the Accounting Society of Hofstra University
Chief Revenue Officer, Robert O. Mayer, will be speaking at the Accounting Society of Hofstra University today. The presentation entitled "CPA's Do More Than Financial Statements and Tax Returns," will cover topics such as consulting and advisory services, forensic and business valuation, estate planning as well as business management in entertainment.
Fernando R. Lopez Awarded as ‘Speaker of the Year 2019’
New York (NY), USA | 06 March 2019 — Fernando R. Lopez, Prager Metis CPAs, has delivered outstanding technical presentations during International Taxation Practice Group (ITPG) meetings at GGI | Geneva Group International conferences. He demonstrated exceptional professional knowledge and excellent presentation skills as recognized by his GGI colleagues, who have chosen to award him with the “ITPG Speaker of the Year Award 2019”.
Prager Metis is Proud to Celebrate International Women’s Day
From grassroots activism to worldwide action, we at Prager Metis welcome an exciting period of history where the world expects balance. Balance is not a women's issue, it's a business issue. The race is on for gender-equality in employment, boardroom, government, media coverage, sports, wealth and more.
IRS: Be Vigilant Against Phone Scams
WASHINGTON — As the April filing deadline approaches, the Internal Revenue Service today warned taxpayers to be alert to tax time phone scams where aggressive criminals pose as IRS agents in hopes of stealing money or personal information. Phone scams or “vishing” (voice phishing) continue to pose a major threat. The scam has cost thousands of people millions of dollars in recent years, and the IRS continues to see variations on these aggressive calling schemes.
Glenn Friedman Named to ROI- NJ’s The ROI Influencers Power List 2019
CEO and Co-Managing Partner, Glenn L. Friedman was named to NJ ROI's The ROI Influencers Power List 2019: Accountants. Please click here to view the full list.
Prager Metis Culture Video 2019
Prager Metis is proud of our diverse and ever-growing team. Our culture is the heartbeat of our success and we make it a priority to create a comfortable and thriving environment for our family. Click here or below to watch our 2019 Culture video.
Prager Metis CPAs Welcomes Jonathan Gold as a New Principal
February 15, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe & Asia, welcomes Jonathan W. Gold as its newest principal. Jonathan joins Prager Metis as a Principal in the Tax Services Group and will be based out of Prager Metis’ White Plains, NY office.
Prager Metis CPAs Opens First Las Vegas Office
February 1, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its expansion in Nevada with the opening of its first office, located in Las Vegas. The Las Vegas office opened on February 1, 2019. “The Prager Metis presence in Nevada is a great addition to the firm,” says Managing Partner- Western Region Joseph Rust, “and opening the first location in Nevada allows us to continue to provide excellent services to our existing and growing client base.
Prager Metis at the 2019 ALZ Leadership Summit
Prager Metis is proud to continue our involvement with the Alzheimer’s Association in 2019. Here’s CEO Glenn Friedman with the NYC staff and volunteers at the 2019 Leadership Summit.
Prager Metis Hackensack, New Jersey Office Relocates to a Larger Office
February 11, 2019 – Hackensack, NJ Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, has relocated its New Jersey office in Hackensack. The move to a larger, newly renovated location at 401 Hackensack Avenue, 4th floor, Hackensack, NJ is effective February 11, 2019. Ronald Friedlander, Managing Partner - Hackensack, Office, and the entire Hackensack, NJ team will continue to operate out of the new Hackensack location.
Prager Metis Sends a Big Congratulations to our Clients Larrance Dopson and Shaggy for their 2019 Grammy Wins!
Prager Metis sends a big congratulations to our clients Larrance Dopson and Shaggy for their epic wins at the 2019 Grammys! And congratulations to all the nominees!! Categories:
Hayley Mayer and Stuart Mayer Awarded 2nd and 3rd Place for their ALZ Fundraising Efforts at the Walk to End Alzheimer’s
Prager Metis is proud to have had Director Hayley Mayer and Partner Stuart Mayer be awarded the 2nd and 3rd place, respectively, for their individual fundraising efforts, at the Walk to End Alzheimer's recognition dinner. The Alzheimer's Association called "the force behind the Nassau County walk. Prager Metis is a national Walk sponsor and raised more than $50,000, making them the number one fundraising team for the Nassau Walk.
Alzheimer’s Association Hosts Top Fundraisers, Sponsors at Dinner
Prager Metis is proud to have had Director Hayley Mayer and Partner Stuart Mayer be awarded the 2nd and 3rd place, respectively, for their individual fundraising efforts, at the Walk to End Alzheimer's recognition dinner. The Alzheimer's Association called "the force behind the Nassau County walk. Prager Metis is a national Walk sponsor and raised more than $50,000, making them the number one fundraising team for the Nassau Walk.
Prager Metis Recognized by Accounting Today for Our Growing SEC Practice
We are very proud to be recognized by Accounting Today for our growing SEC practice and listed alongside these industry leading firms. Click here to read the full article: http://bit.ly/2HSYCyi
Prager Metis CPAs Expands New Jersey & Florida Presence; Combines with Beck, Villata & Co., P.C.
February 1, 2019 – New York, NY— Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, announces its combination with Beck, Villata & Co., P. C., a firm with locations in Montvale, NJ and Miami Lakes, FL. The combination is official as of January 16, 2019.
