LMC Integrates Stephen A. Kepniss & Associates, P.C.

JULY 1, 2025 (New York City) — LMC, a leading New York City professional services firm and an Ascend platform partner, today announced that Stephen A. Kepniss & Associates, P.C. (“Kepniss”) of Springfield, NJ, has joined the firm.

The combination of LMC and Kepniss enables both firms to enhance the value they deliver to clients by expanding the range and depth of their service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.

“Stephen Kepniss and Richard Di Palma and their outstanding team bring three decades of highly sophisticated tax experience that will further expand our capacity to meet our clients’ increasingly complex needs,” said Lee M. Cohen, CEO of LMC and a member of Accounting Today’s 2023 MP Elite and Forbes’ 2025 Best-In-State Top CPAs.

“Together, our talented professionals offer deep technical expertise and a shared vision for delivering meaningful client outcomes. This collaboration is another demonstration of our commitment to excellence and the continued expansion of our value-added service portfolio.”

“LMC is not only a New York City professional services leader, as an Ascend partner firm they give us access to world-class technology, advanced training and professional advancement for our team, top-tier peer collaboration, and expanded growth opportunities. Their extensive resources will free us to focus on serving our clients, advancing our capacity far beyond what we could manage on our own,” said Stephen Kepniss.

Founded in 1994, by Stephen Kepniss and Richard Di Palma, the firm specializes exclusively in tax services, offering deep expertise in tax planning and strategy, compliance, real estate tax advisory, and personalized guidance to high-net-worth individuals with complex financial profiles. The firm’s eight tax professionals will continue to operate from its Springfield location.

LMC has been recognized as an INSIDE Public Accounting Top 200 Firm and Accounting Today 2025 Fastest Growing Firm, and was distinguished as a 2025 Firm to Watch and 2025 Regional Leader (Mid-Atlantic). LMC also has been honored for its workplace culture, earning consecutive recognition from Accounting Today, Crain’s New York Business, and Best Companies to Work for in New York State.

Both LMC and Stephen A. Kepniss & Associates, P.C. are deeply committed to providing white-glove service, maintaining the highest standards of accountability and professionalism, and fostering a workplace culture that promotes professional development and exceptional client service. Comprehensive services include Tax and Tax Controversy, CFO + Client Advisory Services, Bookkeeping, and Family Office Services.

“As we move forward with this collaboration, our focus remains on delivering trusted advice and long-term value to our clients,” added Mr. Cohen. “The combination of our firms reflects our mutual dedication to delivering tailored, high-impact solutions that help our clients succeed.”

About LMC

Founded in 2010, LMC is a top-ranked New York City accounting and advisory firm consistently recognized for industry leadership and professional excellence. For more information, visit https://lmcas.com.

LMC and Kepniss team members at the Springfield, NJ office.