Michael E. Williams

CPA, CGMA, MS

Partner
New York - New York

212.643.0099/ Ext. 10397Contact

Professional Experience

Michael E. Williams is a Partner in the Entertainment and Entrepreneurial Service groups at Prager Metis, a member of Prager Metis International Group. He has been in the accounting profession for over 30 years and is a Certified Public Accountant in New York and California.

Michael’s expertise extends across many industries providing tax, accounting, and related consulting services to those in the entertainment industry, closely held companies and their stakeholders, and not-for-profit organizations. He specializes in assisting clients with new ventures, continuing operations, and next generation succession planning. Michael’s entertainment clients include actors, musicians, producers, and other industry professionals as well as non-profit theater companies, and Off-Broadway productions.

Michael extends his expertise to those in the cryptocurrency, digital assets, and NFT industries, where he provides tax related services. He has a no-nonsense approach that provides him with a history of being able to adapt to the ever-changing regulatory environment. His goal is to provide his clients with the tools to provide them with financial accounting and business solutions in a format that they can understand.

Prior to joining Prager Metis, Michael was a partner with tax leadership positions with prominent New York City firms.

Michael is a board member of The State University College at Oneonta Foundation Corporation, which raises money for scholarships and other education programs at the college.

Professional Affiliations

  • American Institute of Certified Public Accountants
  • New York State Society of Certified Public Accountants – Member, Closely Held S Corporation Committee (Chairperson 2014-2016)
  • California Society of Certified Public Accountants
  • The State University College at Oneonta Foundation Corporation – Board Member, and serving on the Finance, Audit (Chair 2012-2019) and Board Development and Governance Committees

Education

  • MS, Taxation, The Bernard M. Baruch College, City University of New York, New York
  • BS, Business and Economics, College at Oneonta, State University of New York, New York
2022-05-11T16:12:20-04:00

Donating Cryptocurrency to Ukrainian Humanitarian Efforts? Proceed Carefully.

Over the past few years, digital currency has earned the reputation for being the easiest and most efficient way to move money across international borders. Experts say the ability to accelerate the flow of money at a reduced cost, along with the fear of surveillance and the impact of war on the local currency are the primary reasons why Ukrainian government officials recently began requesting donations in cryptocurrency.

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New York State Covid Tax Credits

New York State announced the launch of the $35 million Restaurant Return to Work Credit Program on July 29, 2021. This credit can provide up to $50,000 ($5,000 per new worker hired between April 1, 2021 and December 31, 2021) to qualified restaurants in New York State and City. Also, On July 22nd New York State announced the launch of a two-year $100 million state tax credit program for qualified production companies that are principally engaged in the production of musical or theatrical productions located in New York City.

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