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Accounting Firm Marks Paneth Appoints Partner-in-Charge of New Commercial Business Group, Which Serves Manufacturing, Wholesale, Distribution, Retail and Construction Companies

NEW YORK, NY -- (Marketwired) -- 04/28/14 -- Accounting firm Marks Paneth LLP has named Howard Hoff, CPA, CGMA, 49, partner-in-charge of the firm's new Commercial Business Group.

Marks Paneth's Commercial Business Group helps manufacturing, wholesale, distribution, retail and construction clients improve their organizations, structure and profitability. The Group brings together specific expertise and capabilities from a range of the firm's practices and is designed to help clients solve challenging problems.

With over 25 years experience in accounting and consulting, Mr. Hoff has been with Marks Paneth since 1996. He advises on both the buy and sell side of merger and acquisition transactions from identifying the target to due diligence and structuring. In addition, Mr. Hoff serves lending institutions, providing input on initial funding and annual examinations related to borrowers in the professional services, apparel, textile and diamond and jewelry industries. He also helps create efficient tax plans for inbound foreign groups as well as domestic companies looking to do business overseas.

"Our clients' businesses are becoming increasingly specialized and the problems they face are becoming more challenging. Howard Hoff's depth of knowledge and experience in tackling challenging problems and issues will help our clients navigate this complex environment," said Harry Moehringer, CPA, managing partner of Marks Paneth.

Mr. Hoff holds a B.S. in Business Administration with a concentration in Accounting from Boston University. A resident of Rye Brook, New York, he is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. He is based in the firm's Manhattan headquarters.

For more information or a conversation with Mr. Hoff, please contact Katarina Wenk-Bodenmiller of Sommerfield Communications at (212) 255-8386 or [email protected].

About Marks Paneth LLP
Marks Paneth LLP is an accounting firm with over 500 people, of whom approximately 65 are partners and principals. The firm provides public and private businesses with a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services, and energy clients. The firm has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in Morison International, a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth, whose origins date back to 1907, is the 33rd largest accounting firm in the nation and the 10th largest in the mid-Atlantic region. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top forensic accounting firms for the fourth year in a row.

Its headquarters are in Manhattan. Additional offices are in Westchester, Long Island and the Cayman Islands. For more information, please visit www.markspaneth.com.

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