Tax, accounting office to open Philadelphia office

Marks Paneth LLP, an accounting, tax and advisory firm, plans to open an office in Philadelphia as part of the firm’s plans to increase its Mid-Atlantic presence.

The Philadephia office will be located in the city’s business district near associations, businesses, business partners, law firms, and other clients.

“As we look strategically at the future of our firm, Philadelphia is an obvious choice for continued growth,” Harry Moehringer, Marks Paneth managing partner, said. “Our established group of professionals in this market and their deep relationships within the business community will only increase and result in a more meaningful impact on our Philadelphia-based clients, their businesses and their financial futures.”

Marks Paneth offers audit, business advisory, litigation support, private client, and tax services.

Once the new office is opened, it will make Marks Paneth the eighth largest accounting firm in the Mid-Atlantic region. The office will be the firm’s eighth location. Other locations include Jenkintown, Pa., Washington, D.C., and New York City.

Accounting Today ranked Marks Paneth among the top 10 accounting firms in the Mid-Atlantic region and among the top 50 in the nation.

The Legal Intelligencer’s Best of 2018 survey ranked the firm among the top three accounting providers.