More On Tax Planningfrom The Advisor's Professional Library
- IRAs: In General Individual Retirement Accounts are highly popular tools for contributing funds that grow on a tax deferred basis. Depending on the type of IRA, the accumulation can be tax free.
- Charitable Giving Charitable giving can reduce your clients’ tax liabilities. However, the general and verification rules for the deduction of charitable gifts must be understood in order to take full tax advantage of such gifts.
San Francisco-based accounting, tax and advisory firm Harb, Levy & Weiland announced Feb. 23 that it has joined forces with EisnerAmper.
Harb, Levy & Weiland staff will continue to be located at their existing offices in San Francisco, Chicago and Mumbai, India. EisnerAmper, a Public Company Accounting Oversight Board (PCAOB)-registered and inspected firm, is one of the largest accounting firms in the country. It is headquartered in New York and is an independent member of PKF International, with offices in California, New Jersey, Pennsylvania, Chicago, Mumbai and the Cayman Islands.
Upon completion of the merger, EisnerAmper will serve more than 1,300 financial services clients including hedge funds, private equity and venture funds, broker-dealers, family offices, and insurance companies. On a combined basis, revenues will exceed $270 million, and the firm will have approximately 180 partners and 1,300 employees.
Harb Levy Managing Partner John M. Williamson, who will become partner-in-charge of the San Francisco office of EisnerAmper and a member of its Executive Committee, said: “Our partners recognized that joining forces with EisnerAmper, and expanding to the financial capital of the world, is the right opportunity at the right time; and the entrepreneurial spirit of our firm fits perfectly with the culture at EisnerAmper.”
EisnerAmper provides audit, tax and advisory services to financial services entities, public companies, technology and life sciences firms, and closely-held businesses. Harb, Levy & Weiland focuses on serving financial services companies, hedge funds, broker-dealers, real estate entities, family offices and high net worth individuals.
“A merger with a firm which has the financial services expertise and reputation for client service enjoyed by Harb, Levy & Weiland is an important step forward in our strategic plan for targeted growth,” said EisnerAmper CEO Charly Weinstein in a statement. “Our ability to provide audit, tax and advisory services to clients in the financial services and real estate industries, as well as to high net worth individuals and family offices, is significantly strengthened.”
Read EisnerAmper’s Tim Speiss on whether to consider a Roth IRA conversion at AdvisorOne.com