Marks Paneth & Shron LLP Names State and Local Taxation Specialist as Principal in Tax Group

June 3, 2011

Steven P. Bryde, JD, Brings Over 30 Years of Experience in State, Local, Federal, International, Corporate and Individual Income Tax Planning

New York, NY - (June 3, 2011) – New York-area accounting firm Marks Paneth LLP has appointed state and local tax (SALT) specialist Steven P. Bryde, JD, 57, as a Principal in the firm's Tax Group.

Mr. Bryde has approximately 25 years of public accounting experience and has worked in both global and regional firms. He most recently served as a tax principal at MBAF-ERE CPAs LLC, a New York City based accounting and consulting firm.

His broad background also includes experience working in industry. Mr. Bryde spent 7 years as a tax attorney for a global energy corporation. In that position, he was involved with international as well as federal, state and local taxation.

Mr. Bryde will use his state and local tax expertise across the 50 states to benefit Marks Paneth's client base by developing tax saving ideas, providing counsel in mergers and acquisitions, business entity choice/formation and tax controversy representation as well as SALT planning for foreign inbound and U.S. outbound clients.

"State and local taxation is an increasingly complex and important concern for both our individual and corporate clients. We're delighted to be able to serve them with the kind of deep expertise that Steven Bryde brings to bear," says Steven Eliach, JD, LLM, Principal-in-Charge of the Tax Group at Marks Paneth.

Mr. Bryde received a Juris Doctor degree from Fordham University School of Law in New York, NY. He received his Bachelor of Arts degree in Economics from Fordham University in Bronx, NY. Mr. Bryde is a resident of Scarsdale, NY. He is admitted to practice before the New York State Supreme Court, the Federal District Court (Southern and Eastern Districts) and the US Tax Court.

About Marks Paneth

Marks Paneth LLP is an accounting firm with nearly 475 people, of whom approximately 60 are partners and principals. The firm provides businesses with a full range of auditing, accounting, tax, 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 JHI, the 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 LLP, whose origins date back to 1907, is the 30th largest firm in the nation and the 13th largest in the New York area. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top forensic accounting firms.

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