Job Archives
Risk Advisory Services
At Prager Metis, we understand that you need more than just number crunching and reports. Our Risk Advisory experts offer a variety of services that will help enhance your future.
Our Risk Advisory teams help navigate through the challenges surrounding governance, risk and compliance. Our team is comprised of highly trained professionals with extensive business and industry expertise, technical acumen, and the ability to identify and apply best practices. We combine process and system benchmarking experience with organizational knowledge.
We are the right size, offer the best people and deliver top-tier solutions.
Services include:- Outsourced internal audit and technology audit services
- SOC 1 and 2 readiness reviews and attestations
- SOC for Cybersecurity readiness reviews and attestations
- SOX 404 advisory, compliance and testing
- Internal control risk assessments
- Surprise custody examinations
- AT-601 examination of controls at qualified custodians
- SEC and CFO advisory services
- IT-GCC assessments and evaluations
- Agreed-upon procedures
- Financial forecasts and projections
- Compliance examinations
- GDPR gap analysis and assessments
- Cybersecurity risk assessments, scanning and training
- Vulnerability and penetration testing
- 24/7 threat monitoring, threat hunting and threat analysis
- Incident response, forensic analysis and remediation
- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Mergers & Acquisitions
- Public Companies
- PPP Loan Forgiveness
- Real & Personal Property
- Research Tax Incentives
- Valuation & Examination Services
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Risk Advisory Services At Prager Metis, we understand that you need more than just number crunching and reports. Our Risk Advisory experts offer a variety of services that will help enhance your futur...
Research Tax
Incentives
The Research and Experimentation Tax Credit program was added to the Internal Revenue Code in 1981 to incentivize qualified research and development expenditures and for payments to qualified organizations for basic research. Due to the overwhelming success of the program at the Federal-level, most states now offer a research tax incentive (e.g., either in the form of a credit or a deduction) as well. These combined Federal and Multi-State research tax incentives exponentially help companies tax effect their actual costs to design and develop their next generation “best in class” products as well as their manufacturing process improvements.
Research Tax Incentives can apply to virtually any industry including, but certainly not limited to:
- Life Sciences (e.g., Pharmaceuticals; Bio-Technology; Medical Devices; etc.)
- Food Science;
- Energy;
- Energy;
- Chemicals;
- Metals & Mining;
- Aerospace & Defense;
- Software & Electronics;
- Semiconductors;
- Financial Services (e.g., for both 3rd party sale, lease or license software and internal use software);
- Transportation (e.g., Airlines; Automotive; etc.);
- Utilities.
The Prager Metis CPAs, LLC Research Tax Incentives Practice has true subject matter experts that have exceptional proficiency in the design and implementation of sustainable methodologies for research tax incentives at the Federal and Multi-State levels that are in full compliance with Circular 230 and all applicable statutory, administrative and judicial interpretations. Contact us today for a complimentary consultation.
Submit RFP Here Related Services- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Mergers & Acquisitions
- Public Companies
- PPP Loan Forgiveness
- Real & Personal Property
- Risk Advisory Services
- Valuation & Examination Services
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Research TaxIncentives The Research and Experimentation Tax Credit program was added to the Internal Revenue Code in 1981 to incentivize qualified research and development expenditures and for payment...
Real & Personal
Property
Do you know the difference between real and personal property taxes? Do you understand what you should be paying? Prager Metis’s property tax services help unravel the complexities of State and Local tax regulations. Our relationships with local authorities and knowledge of pertinent statuses permit Prager Metis to deliver an effective and proactive approach to minimizing your real property tax obligations.
In addition to our traditional real estate tax analysis, Prager Metis also provides related consulting services, including support for rental tenants and construction-related tax advisory.
Services include:- Auditing the pro rata share of real estate taxes for leased property to ensure that the proper share of tax has been applied to the leased space
- Advisory to reduce taxes on pre-acquisition/pre-construction projects
- Preparation of income/expense reports to be compliant with local statutes and in support of appeal processes.
- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Mergers & Acquisitions
- Public Companies
- PPP Loan Forgiveness
- Research Tax Incentives
- Risk Advisory Services
- Valuation & Examination Services
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Real & PersonalProperty Do you know the difference between real and personal property taxes? Do you understand what you should be paying? Prager Metis’s property tax services help unravel the co...
Public Companies
Today’s public companies operate in a highly complex and challenging regulatory environment. The Securities and Exchange Commission (SEC) requires listed companies to furnish multiple filings, including quarterly and yearly reports, while also complying with multiple regulations and adhering to stringent accounting standards. As a firm registered with the Public Companies Accounting Oversight Board (PCAOB), Prager Metis has the experience, expertise, and knowledge to help our clients face these challenges and strategically plan for the future.
Services Include:- Audits and reviews of financial statements for filing requirements of the Securities Exchange Act of 1934 (10-K, 10-Q and 8-K)
- Initial public offerings and registration statements under the Securities Exchange Act of 1933
- Reverse mergers, spin-offs, private placements and SPAC transactions
- Specialty audits (SOC 1, SOC 2, AUP)
- Audits of employee benefit plans (11-K)
- Audit, Review & Compilation
- Employee Benefit Engagements
- Entrepreneurial Services
- Specialized Attest Engagements
Walt Brasch, Jr., CPA
Managing Partner-El Segundo, CA Office
- 310.207.2220 EXT. 60784
Yihong Shao, CPA, MBA
Partner
- 201.342.7753 / Ext. 11455
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Public Companies Today’s public companies operate in a highly complex and challenging regulatory environment. The Securities and Exchange Commission (SEC) requires listed companies to furnish multip...
Public Companies
Today’s public companies operate in a highly complex and challenging regulatory environment. The Securities and Exchange Commission (SEC) requires listed companies to furnish multiple filings, including quarterly and yearly reports, while also complying with multiple regulations and adhering to stringent accounting standards. As a firm registered with the Public Companies Accounting Oversight Board (PCAOB), Prager Metis has the experience, expertise, and knowledge to help our clients face these challenges and strategically plan for the future.
Services include:- Sarbanes-Oxley 404 compliance and testing
- Internal audit and technology audit services
- CFO and SEC advisory services
- SOC for Cybersecurity readiness reviews and examinations
-
Transaction due diligence services – buy-side
and sell-side
- Strategies for going public for pre-IPO companies
- Forensic examinations and Internal investigations
- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Mergers & Acquisitions
- PPP Loan Forgiveness
- Real & Personal Property
- Research Tax Incentives
- Risk Advisory Services
- Valuation & Examination Services
Walt Brasch, Jr., CPA
Managing Partner - El Segundo, CA Office
- 310.207.2220 EXT. 60784
Yihong Shao, CPA, MBA
Partner
- 201.342.7753 / Ext. 11455
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Public Companies Today’s public companies operate in a highly complex and challenging regulatory environment. The Securities and Exchange Commission (SEC) requires listed companies to furnish multip...
Private Wealth
For a successful business to run properly there needs to be a Chief Financial Officer in place to handle the company’s finances. Prager Metis believes that high-net-worth individuals require the same financial services as a thriving business. Prager Metis alliviates the burden by combining financial expertise with strategic planning to execute and manage all of the family’s financial affairs, including family office services and trusts and estates. Services Include: Related Services- Client Accounting Services (CAS)
- Tax for Business
- Tax for Individuals
- Tax Controversy
- State & Local Tax (SALT)
Ladidas Lumpkins
CPA, JD, LL.M.
Partner-in-Charge of Private Wealth Services
- 212.643.0099 / Ext. 10346
Gabe M. Wolosky
CPA, JD, LLM, AEP, TEP, PFS, CGMA
Partner Emeritus
- 212.643.0099 / Ext. 10275
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Private Wealth For a successful business to run properly there needs to be a Chief Financial Officer in place to handle the company’s finances. Prager Metis believes that high-net-worth individuals ...
Mergers & Acquisitions
The decision to buy or sell your business is one of the most important decisions you will make. The far-reaching implications of a merger and acquisition make it critical to work with an experienced firm who helps you to understand your situation, and is experienced with all areas of due diligence work.
At Prager Metis we will work with you to develop a thorough strategy for your negotiations, including conducting the financial due diligence and risk assessments that you need to be able to make the right decisions for your firm.
Services include:- Develop and implement an M&A strategy
- Business valuations
- Financial due diligence
- Tax structure consulting
- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Public Companies
- PPP Loan Forgiveness
- Real & Personal Property
- Research Tax Incentives
- Risk Advisory Services
- Valuation & Examination Services
Glenn L. Friedman,
CPA, CGMA
CEO
- 212.643.0099 / Ext. 10114
Edward P. Rigby,
CPA, MST
Partner
- 732.617.1100 / Ext. 11287
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Mergers & Acquisitions The decision to buy or sell your business is one of the most important decisions you will make. The far-reaching implications of a merger and acquisition make it critical to...
Italian Global
Services
A Dedicated Team for Italian Companies
At Prager Metis we have a deep understanding of the challenges and risks related to the expansion of your operations to the US. Our Italian Team has expert knowledge of US regulations and customs. This mitigates the risks and helps you navigate the complexities of US business practices.
Andrea Fantozzi, Partner of Prager Metis in the New York office, is the head of the Italian Team. He has over ten years of experience working with international and domestic middle-market firms in several industries.
The Italian Team has a wide-ranging expertise in inbound and outbound regulations regarding both the Italian and the US system. It can utilize its vast knowledge as an opportunity to overcome the cultural barriers between Italy and the US.
Please click below for our Italian Team Presentation
View our Italian Team Presentation Services Include:- Bookkeeping, Budgeting and Forecasts
- Preparation of Financial Statements as well as Corporate and Individual Income Tax Returns
- Multi-jurisdictional tax consulting, planning and tax compliance
- Pre-immigration planning Expatriate consulting and tax compliance
- Special purpose structures
- Audit & Accounting
- High Value-Added Tax/Accounting Services
- Suited to companies that want to open manufacturing facilities in the US
- Advantages: Considerably accelerated depreciation resulting in faster return on capital investments and immediate tax benefits
- Research Tax Incentives
- Suited to companies that invest in Research & Development
- Advantages: Opportunity to benefit from U.S. Federal and State research tax incentives
- Recovery of Sales & Use Tax
- Suited to companies that have multiple retail channels in the US
- Advantages: Refund of sales & use tax overpaid on companies’ purchases
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Italian GlobalServices A Dedicated Team for Italian Companies At Prager Metis we have a deep understanding of the challenges and risks related to the expansion of your operations to the US. Our Italia...
Tax for Individuals
Individual tax planning and compliance is the foundation of your financial world. Our experts carry the depth and breadth of experience to help you identify and implement the tax strategies that will allow you to maximize your assets and reach your goals.
At Prager Metis we work closely with you to reduce personal tax liability, maximize after-tax cash flow and wealth, and guide you through the challenging and often very confusing choices in ways that will leave you in the best position possible. Whether you have an immediate concern or need long-term planning we will create an approach tailored specifically to ensure that your world is worth more.
Services Include:- Year-end tax planning
- Multi-year tax projections
- Minimizing the impact of the alternative minimum tax
- Tax strategies related to your investment planning and capital gains
- Estate and gift tax planning
- Retirement planning and distributions from qualified plans and IRAs
- State and local tax issues
- Expatriate tax issues
- Client Accounting Services (CAS)
- Tax for Business
- Private Wealth
- Tax Controversy
- State & Local Tax (SALT)
Jonathan Gold
Principal - National Tax Practice Leader
- 914.218.1300 / 10562
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Tax for Individuals Individual tax planning and compliance is the foundation of your financial world. Our experts carry the depth and breadth of experience to help you identify and implement the tax s...
IC-DISC (US)
An Interest Charge Domestic International Sales Corporation (IC-DISC) structure allows highly advantageous tax benefits to taxpayers who export. The savings can be up to 20% of the tax on exported profits.
What is an IC-DISC?
An IC-DISC offers exporters permanent tax savings primarily resulting from a reduction in the tax rate on qualified dividends. It is available to manufacturers and distributors, and to all forms of business organizations, including C corporations, S corporations, partnerships, LLCs, and sole proprietors. Having an IC-DISC will not impact a company’s operations; it is transparent to customers.
Formation of an IC-DISC
First, an exporter must create a new corporate entity. Within 90 days, the new corporation files IRS Form 4876-A to elect IC-DISC status. This status exempts the entity from federal tax on its earnings. The new IC-DISC enters into a commission agreement with the seller of export goods whereby the IC-DISC will receive a commission on qualifying sales. Under the IRS treasury regulations, the IC-DISC is allowed to earn commission income totaling the greater of 50 percent of export profits or 4 percent of qualified export sales (i.e., subject to limitations). The IC-DISC commission is a current deduction to the U.S. exporter at ordinary income rates. When distributed, it becomes qualified dividend income (QDI) to the IC-DISC’s shareholders. Permanent federal tax savings result from the rate differential on these two income types, a potential savings of 19.6 percent.
It should be duly noted that the flexibility allowed for IC-DISC ownership structures can provide for wealth-transfer, retirement savings, and executive compensation planning opportunities as well.
Submit RFP Here Related Services- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Financial Due Diligence
- Forensic and Dispute Advisory Services
- Mergers & Acquisitions
- Public Companies
- PPP Loan Forgiveness
- Real & Personal Property
- Research Tax Incentives
- Risk Advisory Services
- Valuation & Examination Services
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
IC-DISC (US) An Interest Charge Domestic International Sales Corporation (IC-DISC) structure allows highly advantageous tax benefits to taxpayers who export. The savings can be up to 20% of the tax on...
Financial Due Diligence
Most often, the success or failure of a Mergers & Acquisition (M&A) deal comes down to whether or not proper financial due diligence was conducted. At Prager Metis, we look at the information behind the financial statements to give you the insight and tools you need to ensure the acquisition will meet your goals. We help you through the transaction process, identify potential risks and opportunities, and determine tax structures and negotiating points to assess the best M&A deal possible for you.
Services include:- Strategic planning
- Strategic tax structuring
- Analysis of target’s financial projections and financial statements
- Analysis of potential risks and deal breakers related to the target business activity and the transaction
- Evaluation of projected and/or potential synergies
- Management information systems
- Internal control analysis
- Closing and opening balance sheet review
- Analysis of target’s corporate governance functions assistance post-acquisition
- Bankruptcy
- Capital Allowance
- CFO Advisory Services
- Cost Segregation (US)
- Crisis Management
- Esg Services Growing Your World
- Forensic and Dispute Advisory Services
- IC-DISC (US)
- Mergers & Acquisitions
- Public Companies
- PPP Loan Forgiveness
- Real & Personal Property
- Research Tax Incentives
- Risk Advisory Services
- Valuation & Examination Services
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
Financial Due Diligence Most often, the success or failure of a Mergers & Acquisition (M&A) deal comes down to whether or not proper financial due diligence was conducted. At Prager Metis, we ...
Entrepreneurial
Services
Growing companies face a challenge: For you to stay focused on building your business, you need to run your operations at peak efficiencies, including financial management with a dependable accounting function—a resource you may not have in-house.
That’s where we come in. Prager Metis works with start-ups and established businesses to provide bookkeeping, budgets, forecasts, and additional outsourced accounting and finance solutions on a fixed-fee basis. No matter what your size or status, we can tailor our services to fit your needs at every stage of your company’s life cycle.
Whether you want to add expertise to your existing team or completely outsource your accounting and finance functions, we offer reliable and economical options.
Services Include:- Accounting system installations and upgrades, from simple to complex
- Cybersecurity
-
Forecasting modeling and cash flow
management
- Help establishing preferred banking, legal, payroll, benefits, and HR relationships
- Internal controls analysis
- Outsourced accounting services
- Payroll, sales tax, and property tax preparation
- Paperless online bill payment and bookkeeping
- Audit, Review & Compilation
- Employee Benefit Engagements
- Public Companies
- Specialized Attest Engagements
Jay Levine,
CPA, CGMA
Partner
- 201.342.7753 / Ext. 11260
Edward P. Rigby,
CPA, MST
Partner
- 732.617.1100 / Ext. 11287
help!Are you interested in receiving our latest news or
contacting one of our experts? Stay In Touch Are you ready for the
next step?At Prager Metis, we believe our
people make the difference! Explore Careers
EntrepreneurialServices Growing companies face a challenge: For you to stay focused on building your business, you need to run your operations at peak efficiencies, including financial management with...