Celebrating 80 years. (Profile of the Week: Eisner & Lubin LLP).Established in 1923, the Eisner & Lubin LLP LLP - Lower Layer Protocol founding vision was to build a successful accounting practice that would earn the trust of generations of clients. Today, 80 years later, this vision has become a reality - the firm is one of the most respected accounting firms in the country and has cultivated several client relationships spanning three generations. The foundation of Eisner & Lubin is the knowledge, skill, integrity, and creative ability of its partners, which have always distinguished the firm and enabled it to grow. In addition to its Manhattan office at 444 Madison Ave., the firm will open a new office in Edison, N.J., in January 2003. Amidst a challenging economy where downsizing (1) Converting mainframe and mini-based systems to client/server LANs. (2) To reduce equipment and associated costs by switching to a less-expensive system. (jargon) downsizing is commonplace, this recent expansion is a fitting testimonial to Eisner & Lubin's industry leadership and growth-oriented mindset mind·set or mind-set n. 1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations. 2. An inclination or a habit. . Eisner & Lubin also takes special pride in its long-standing commitment to the real estate industry - a core strength for the firm. Eisner & Lubin's Real Estate Services Group possesses unparalleled expertise and intimate understanding of both the residential and commercial real estate markets, where it consistently aids clients in meeting their short- and long-term financial objectives. On behalf of leading investors, contractors, developers and agents within the real estate industry, Eisner & Lubin specializes in providing the following services: Comprehensive Tax Planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. : Advanced and perceptive tax planning is a crucial component of any successful business. The firm's tax experts work to ensure that clients comply with complex and ever-changing tax laws. Eisner & Lubin advises clients in connection with a variety of real estate transactions including mergers and acquisitions, sales of businesses, liquidations and reorganizations, and planning and implementation of tax structures -always mindful of evolving state and local tax issues. On a highly customized and individual basis, the firm also consults with clients throughout the year in order to assess, implement and maximize tax-saving opportunities. Cost Segregation: Eisner & Lubin's cost segregation studies Under United States tax laws and accounting rules, cost segregation is the process of identifying personal property assets that are grouped with real property assets, and separating out personal assets for tax reporting purposes. provide real estate companies with maximum cash flow. Whether you are constructing a new building, expanding an existing one, purchasing real estate, rehabilitating an old facility or relocating your leasehold improvements Leasehold Improvement Improvements on a leased asset that increase the value of the asset. Notes: A leasehold improvement is classified as an asset that must be depreciated over time. , your property can generate substantially larger tax savings than you may realize. The firm's professionals work with clients to minimize their taxable income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable income is the accrual of some gain, profit, or benefit to a taxpayer. through comprehensive cost allocation strategies. Construction & Management Companies: Eisner & Lubin enables general contractors A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. and sub-contractors to maximize bonding capacity and minimize taxes. The firm also helps management companies streamline accounting systems and reduce state, local and federal taxes while providing assurance to owners and investors. Accounting and Auditing Services: Eisner & Lubin's long and distinguished history of serving clients in diversified industries enables it to provide an array of accounting services such as: audits, reviews and compilations of the financial statements of businesses; SEC reporting; due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. procedures in connection with business acquisitions; assistance in negotiating loan agreements; preparation of budgets and cash management; and internal control reviews. Lease Consulting: The real estate professionals of Eisner & Lubin are highly trained to inspect operating leases Operating Lease A lease contract that allows the use of an asset, but does not convey rights similar to ownership of the asset. Notes: An operating lease is not capitalized it is accounted for as a rental expense. for compliance with lease terms and tax rules to maintain maximum deductibility and cash flow. Information Technology: The firm assists cliens to gain a thorough understanding of the information systems hardware and software that they require and are on call for continuing support. In addition to its core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. , following are examples of other specialized capabilities that Eisner & Lubin provides to real estate-related organizations. Private Real Estate Ventures: The firm has extensive experience in private real estate ventures, including purchase investigation (where it seeks to uncover hidden issues with a potential investment) or due diligence on a property. Like-Kind Exchanges of Property: The firm can advise on all aspects of these exchanges, including tax implications/advantages, regulatory changes, and required timing for completion of the exchange. Condemnation Issues: When you are forced to give up real property to a local government agency and relocate, the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. offers tax relief for businesses facing condemnation. The firm also advises clients as to the tax advantages that might result. In recognition of their responsibility to the community, many partners of the firm also volunteer their services probono to various medical, educational, religious and charitable institutions. The Lubin School of Business The Joseph I. Lubin School of Business is the business school of Pace University. It was named after Joseph I. Lubin, an alumnus and benefactor of the school. The school was established in 1906 as the Pace School of Accountancy to prepare men and women for the CPA exam. of Pace University, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of University's Eisner & Lubin Auditorium, Syracuse University's Lubin House and Hebrew University's Joseph I. Lubin Building for Business Administration are all identified with the firm. Each partner and employee of Eisner & Lubin fully understands the legacy of the firm's founders -an unwavering dedication to the highest standards in the accounting field and a commitment to the success of each and every client. |
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