Marks Paneth & Shron Appoints William H. Jennings, CPA, as Partner-in-Charge of Real Estate Group

NEW YORK, NY--(Marketwire - Feb 23, 2012) - Marks Paneth & Shron LLP (MP&S), a leading New York area accounting firm, announced today that William (Bill) H. Jennings, CPA, 55, has become Partner-in-Charge of the firm's Real Estate Group. In his new role, Mr. Jennings will oversee the firm's commercial and residential real estate practices. He serves as a member of the firm's Executive Committee, which sets policy and strategy.

Mr. Jennings has more than 30 years of public accounting experience, the bulk of it with MP&S and its predecessor firms. His primary focus is on commercial and residential real estate. He also develops family wealth-planning strategies for high net worth individuals.

Mr. Jennings has a strong interest in low-income housing and prepared and consulted on the first market-rate conversion of a Mitchell-Lama housing project in New York City, an event that received widespread media attention. He has been instrumental in affecting policy changes to HUD markdown to market and consulted on alternative minimum tax law policy. He has been honored by Associated Builders and Owners of Greater New York, Parker Jewish institute and Family Service League, among others. Mr. Jennings is a former chair of the not-for-profit home-building association NATA.

"We're delighted that Bill Jennings will lead our Real Estate Group," said Mark Levenfus, CPA, and Harry Moehringer, CPA, managing partners of Marks Paneth & Shron. "His expertise and experience, as well as his relationships with government agencies, will help our clients continue to navigate the challenges of the current economic environment."

Mr. Jennings holds a B.A. in Accounting from Dowling College and is licensed to practice in New York and Arizona. He is based in the firm's Manhattan office.

About Marks Paneth & Shron LLP
Marks Paneth & Shron 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, 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 & Shron 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 MP&S 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.