CHICAGO – Ostrow Reisin Berk & Abrams, Ltd. (ORBA) Director Michael J. Kovacs, CPA will be speaking at the Association of Marina Industries’ International Marina & Boatyard Conference (IMBC), taking place January 28-30 in Tampa, Florida.
Mr. Kovacs’s session, “Reducing The Most Hated Expense of Marina Owners—Income Taxes,” will discuss key areas for tax benefits, including cost segregation, depreciation, employee credits and new regulations on repairs and maintenance. The presentation will also address the treatment of a marina from a tax perspective.
The conference will feature a variety of topics, including how to plan a successful dredging project, streamlining and capitalizing on technology, marina trends and design, and basics of marina ownership. For more information, visit www.marinaassociation.org.
Mr. Kovacs’s work focuses on providing accounting, tax and business consulting services to marinas throughout the U.S. Additionally he works with mid-size companies in a variety of industries, including real estate, manufacturing and financial services. He is also one of the firm’s experts in audits of employee benefit plans.
Mr. Kovacs is a member of the American Institute of Certified Public Accountants, Illinois CPA Society, Indiana University Alumni Association, Chicago Yacht Club and Association of Marina Industries. He received his B.S. in Accounting at Indiana University.
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Ostrow Reisin Berk & Abrams, Ltd. (ORBA) is a full-service accounting, tax and business consulting firm located in downtown Chicago serving privately-held companies, individuals and not-for-profit organizations. ORBA’s Certified Public Accountants have experience with accounting and assurance, business advisory services, financial and estate planning, fraud investigation, tax, litigation, and mergers and acquisitions. With some of the highest levels of direct client involvement in the industry, ORBA is where clients go to build long-standing, meaningful and successful relationships with resourceful, proactive business and tax advisors.