Thursday, April 16, 2009

Marks Paneth & Shron and Montalto Merge in New York

Marks Paneth & Shron LLP (MP&S), New York, has merged with Westchester-based Montalto CPA, LLC.

MP&S has 70 partners and principals and a total staff of 500. The combined firm does not expect to hire additional accountants outside the merger.

The merger expands MP&S' tax, family office and business management services targeting small businesses and high-net-worth individuals in Westchester, the northern suburbs and Connecticut.

Montalto Partner Anthony V. Montalto, CPA, senior tax manager Lucille Murray, and four supporting staff members will join the MP&S' Tarrytown, New York office.

Montalto CPA provides tax preparation and compliance, as well as family office and business management services to over 350 businesses, service organizations, not-for-profit organizations and individual clients.

MP&S provides auditing, accounting, tax, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients.

The firm also provides tax advisory and consulting for high-net-worth individuals and their families, as well as services to international, real estate, media, entertainment, nonprofit, professional and financial services and energy clients.

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