Press Release Forum [pressreleaseforum.com] Forum Index

Press Release Forum [pressreleaseforum.com]
Free Press Release Distribution

A site of EPR Network

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Real Time Press Release Distribution is here. Try it out, it's free!

 

MBAF assists investors affected by Bernard Madoff Fraud Case

 
Post new topic   Reply to topic    Press Release Forum [pressreleaseforum.com] Forum Index -> Accounting Press Releases
View previous topic :: View next topic  
Author Message
mbafcpa



Joined: 26 Feb 2008
Posts: 33

PostPosted: Tue Dec 23, 2008 5:13 am    Post subject: MBAF assists investors affected by Bernard Madoff Fraud Case Reply with quote

[img]http://www.mbafcpa.com/images/logo.jpg[/img]Miami – December 23, 2008 – [b]Morrison, Brown, Argiz & Farra, LLP [/b](MBAF), [url=http://www.mbafcpa.com/]the largest independent CPA firm in Florida and the 43rd in the nation[/url], has formed a special task force to examine the income tax ramifications to clients and investors who participated directly or indirectly with Bernard Madoff entities.

Members of the task force, comprised of a network of MBAF tax specialists, are working to assist clients and investors in the potential recovery of tax dollars related to the Bernard Madoff case.

These refunds may be as a result of dollars expended for erroneously reported income in prior years, or to receive a deduction for principal losses in the current year.

The formation of this special task force is a proactive move to quickly identify and immediately assist investors in reclaiming their losses from this Bernard Madoff fraud case.

“MBAF made the decision to form this task force partially as a result of the substantial amount of calls our accountants have been receiving in recent days from attorneys, bankers and investors adversely affected by this Bernard Madoff scheme” said MBAF Managing Partner Tony Argiz.

Areas of focus include timing and ability to take principal losses as an ordinary deduction, filing of protective elections to maintain open tax years so that amended returns may be filed, and addressing carry back and carry over issues that affect prior and subsequent periods.

The task force plans to work with legal counsel that represent Bernard Madoff victims with potential Securities Investment Protection Corporation (SIPC) filings, assessment of damages and defense of distributed proceeds received in prior years that regulatory agencies may attempt to reclaim.

If you would like to contact our firm to discuss your particular matter, please call Marjorie Horwin, CPA, 561 909-2100 (Palm Beach and Broward), Miguel G. Farra, CPA, JD, or Tony Argiz, Managing Partner, 305 373-5500, (Miami-Dade) or for more information on MBAF, please visit [url=http://www.mbafcpa.com/]www.mbafcpa.com[/url]

[b]About Morrison, Brown, Argiz & Farra, LLP:[/b]
MBAF is ranked in the top 50 accounting firms in the nation and is the largest Florida-based CPA firm in the State. The firm has been ranked as “Best of the Best”, the list of the top 25 performing firms in the country, for 12 years. For more information, please visit [url=http://www.mbafcpa.com/]www.mbafcpa.com[/url]
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Press Release Forum [pressreleaseforum.com] Forum Index -> Accounting Press Releases All times are GMT - 4 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Submit Press Release (Free)Submit Press Release