Commerce and Industry Association of New Jersey

(201) 368-2100 Contact Us Login

Close

Member News - Levine, Jacobs & Company, LLC

Portraits Dec. 2006
Portraits Dec. 2006

Michael H. Karu, CPA/CFF/CGMA, Member, Levine, Jacobs & Company, L.L.C., recently was highlighted by NJBIZ in, The Ripple Effect: Experts weigh impact of Tepper’s exit from N.J. to Florida”.

The article is based on the million-dollar tax loss the state of New Jersey might face as a result of David Tepper and his $18 billion Appaloosa Management hedge fund’s relocation to Florida.  Throughout the article the various reasons Tepper might have had to leave New Jersey are discussed. Aside from the much lower tax rates, Karu takes into consideration that New Jersey also has both Estate and Inheritance Tax, whereas Florida does not.

To read the entire article, please click here.

Levine, Jacobs provides a unique combination of twenty-first century accounting, business consulting and financial planning services to a diverse list of clients.

 

 

PRESS RELEASE

Levine, Jacobs & Company, LLC Member Quoted In NJBIZ

– Exploring the impact of wealthy New Jerseyans exodus from N.J. to Florida-

Livingston, NJ –Michael H. Karu, CPA/CFF/CGMA, Member, Levine, Jacobs & Company, L.L.C., recently was highlighted by NJBIZ in, The Ripple Effect: Experts weigh impact of Tepper’s exit from N.J. to Florida”.

The article is based on the million-dollar tax loss the state of New Jersey might face as a result of David Tepper and his $18 billion Appaloosa Management hedge fund’s relocation to Florida.  Throughout the article the various reasons Tepper might have had to leave New Jersey are discussed. Aside from the much lower tax rates, Karu takes into consideration that New Jersey also has both Estate and Inheritance Tax, whereas Florida does not.

To read the entire article, please click here:

Michael H. Karu, CPA/CFF, is a member of Levine, Jacobs & Company, LLC, a Livingston-based accounting and consulting firm.  He is qualified by the Superior Court of New Jersey, Family Part, as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses.  Additionally, he is a Certified Divorce Mediator and is Certified in Financial Forensics.  Karu received his B.S. degree in Business Administration from The Ohio State University and holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section, as well as the NJ State Society of CPAs.

To set up an interview with Michael Karu, please contact Amy Delman, Amy Delman Public Relations, LLC, at 201.563.4614 or [email protected].

Levine, Jacobs provides a unique combination of twenty-first century accounting, business consulting and financial planning services to a diverse array of clients.

The firm prides itself on its teamwork abilities where “every account receives the talent and expertise of the whole firm.” Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

NJBIZ, New Jersey’s leading business journal, produces a weekly print edition with a circulation of more than 15,000 copies, as well as providing 24/7 business news coverage through its NJBIZ.com website and multiple daily e-newsletters.

####

 

  • Rochelle Park, New Jersey

  • Trenton, New Jersey

     

    222 West State Street S-212, Trenton, NJ 08608

    P: (609) 695-5900

    F: (201) 368-3438

    E: Contact Form

  • About Us

    The mission of Commerce and Industry Association is to be the leader in free enterprise advocacy for the purpose of fostering, through education, legislative vigilance and membership interaction, an economic climate that enhances business potential and makes New Jersey a better state in which to live, work and conduct business.

  • Connect with us

    Subscribe to our email blast