Op-Ed Written by Lourdes Salzmann Senior Tax Accountant Remote work or hybrid environments are here to stay for many industries, particularly for the accounting, finance, and professional services industries. However, finding a healthy and sustainable balance between remote workers and in-person employees can be rather complicated. Remote…
In November 2022, LMC announced a new division to the firm LMC Lending Services by The Bespoke Banker (LMCLS). This division, in partnership with Matthew Salmon, provides a unique service to clients who require assistance with their lender relationships. We are excited to announce that The Bespoke Banker has been named…
Over the course of any year, LMC hosts its share of technical training to hone our employee’s expertise and keep their skills up to date. While those are extremely important, the firm also wanted to sharpen our staff members’ soft skills. We therefore hosted an engaging, in-person training…
LMC Ventures is a division of LMC that focuses on bridging the gap between investors and sponsors with an emphasis on sourcing, analyzing, and sharing investment opportunities with our clients. LMC Ventures is pleased to announce the closing of two recent transactions: Distressed Debt Investment LMC…
LMC is proud to announce and recognize the following professionals in the firm, who have been promoted: Tax Department: Chris Kotan, CPA – Principal Jack Naftali, CPA – Senior Manager, Jonathan Porcelli – Senior Manager Chris Cheng, EA – Manager Jack Bibi – Staff Associate Audit Department: Michael…
City Harvest of New York City is the largest food rescue organization in New York City, helping to feed the millions of New Yorkers who are struggling to make ends meet. LMC continued its support of City Harvest of NYC’s great initiative, by setting up an in-office food drive….
A week after the firm hosted its annual Holiday Party at Tempura NYC, the firm also hosted a holiday themed ugly sweater party. LMC employees were encouraged to wear their favorite holiday themed ugly sweater, and bring a wrapped gift to participate in a white elephant gift exchange. The…
This week, LMC held the firm’s holiday party at Tempura NYC. It was a great evening of fun, laughter, comradery and rejoicing. Everyone enjoyed socializing at the well-stocked open bar, as well as a full buffet of appetizers, entrees and desserts. Managing Partner, Lee M. Cohen, CPA, thanked…
As we start the month of December, we thought we might mention some last minute tips that just might help you save on your 2022 taxes. Do you itemize your deductions, or do you take the standard deduction? Some taxpayers subtract one overall deduction which is…
LMC welcomes the opportunity to expand our employees’ knowledge and expertise. One of the ways to accomplish this is to have different teams attend conferences and professional member-sharing opportunities. During November, various LMC employees had the opportunity to travel to many diverse professional accounting industry conferences. Tax…