Boca Raton, FL (PRWEB) January 16, 2006
Lawrence A. Rosenblum, CPA, Principal at Goldstein Lewin & Co. was recognized at the South Florida Business Journal 2005 Excellence in Accounting Awards breakfast. Under Mr. Rosenblum’s leadership, Goldstein Lewin’s cost segregation studies practice emerged from a startup situation to a thriving department. He has performed over 60 cost segregation studies for properties ranging in value from $600,000 to over $50 million.
As Principal in charge of the firm’s Cost Segregation Studies and Real Estate Consulting Division, he provides consulting services to the real estate community, including real estate developers, owners, and lessors. He also performs tax planning and consulting engagements for closely held businesses.
“Cost segregation studies are becoming an integral strategic component of commercial real estate purchases,” states Mr. Rosenblum. “These studies are essential tools that allow owners to increase cash flow by maximizing allowable depreciation. The average percentage of savings for our clients ranges between 20% and 50% depending on the type of property, and many clients receive a return of $20 for every $1 spent on a cost segregation study.”
According to Donald J. Goldstein, CPA, Co-Managing Partner of Goldstein Lewin, “Larry’s knowledge of IRS requirements and understanding of construction techniques enable our clients to receive the maximum supportable amount of deductions from our cost segregation studies.”
Mr. Rosenblum is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants.
Goldstein Lewin is listed in Florida Trend as one of the 25 largest accounting firms in the state of Florida. It offers a comprehensive range of accounting and business consulting services including corporate governance issues, cost segregation studies, eldercare management, accounting and auditing including SEC compliance; tax services; technology consulting; wealth preservation and estate planning; business valuation; financial planning, employee benefits programs and litigation consulting. The firm has been designated one of the Best Places to Work in South Florida.
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