Steve Stang Joins Cherry Bekaert as a Partner and National Leader of the Firm’s Healthcare Transaction Advisory Services Group

RICHMOND, Va. (PRWEB) December 09, 2019

Growth-focused and nationally acclaimed public accounting firm Cherry Bekaert LLP (“the Firm”) is proud to welcome Steve Stang, CPA, as a Partner and National Leader of the Firm’s Healthcare Transaction Advisory Services group.

Based in the Firm’s Charlotte practice, Steve brings more than 25 years of transaction advisory experience to his healthcare clients. He has worked on more than 100 middle-market healthcare transactions advising on financial due diligence; mergers and acquisitions; strategic financial planning; and quality of earnings engagements. Steve’s industry expertise includes deals for private equity groups, venture capital funds, investment bankers, healthcare REITs, and a diverse group of healthcare providers ranging from $1 million to $400 million in transaction value. He has extensive experience creating financial projections and models, conducting financial feasibility studies and assessing target companies’ financial performance.

Jeffrey Bengtson, Cherry Bekaert’s National Leader of Transaction Advisory Services notes, “Healthcare transactions come with very specific needs, regulations and processes. Steve has a great deal of experience navigating the unique aspects of these deals, which will benefit our clients seeking guidance before, during and after a healthcare transaction.”

Prior to joining Cherry Bekaert, Steve served as the national leader of the healthcare transaction practice for an international CPA and consulting firm. He also held other leadership roles, including the firm’s national health care assurance leader and the national hospitals and health systems practice leader.

Also joining the Firm’s Healthcare Transaction Advisory Services practice is Andrew Blackburn, CPA.

As a manager, Andrew brings more than five years of transaction experience to his healthcare clients. He has worked extensively in the areas of financial due diligence; mergers and acquisitions advisory; and quality of earnings engagements in the middle market healthcare sector.

Prior to joining Cherry Bekaert, Andrew was a manager in the healthcare transaction practice for a Top 10 national CPA and consulting firm.

About Cherry Bekaert

Ranked among the largest audit, tax and advisory firms in the U.S., Cherry Bekaert LLP offers specialized solutions in the areas of cybersecurity, specialty tax, transaction advisory, risk advisory, technology consulting, benefits consulting, litigation support, valuation and wealth management. With clients in all 50 states and internationally, we have specialists in the sectors of technology, health and life sciences, industrial manufacturing, private equity, real estate and construction, and government contracting. We exercise a deliberate curiosity to know our clients’ industries and work collaboratively as one team to guide them forward.

Cherry Bekaert LLP is a founding, independent member of Baker Tilly International, a top-ten global accountancy and business advisory network. Visit us at

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From the Tax Law Offices of David W. Klasing – IRS Targeting American Citizens with Foreign Bank Accounts

IRVINE, Calif. (PRWEB) December 09, 2019

David W. Klasing, a California tax lawyer and CPA is warning American citizens with offshore foreign bank accounts, especially those located in Israel, that United States courts are siding with the IRS and penalizing those who conceal their bank accounts in foreign countries.

For example, a California woman was recently assessed a fine of $800,000 for deemed intentional noncompliance with rules and regulations and failing to report foreign investments. Klasing recommends that those with accounts overseas should consult a FATCA (Foreign Account Tax Compliance Act) lawyer with specialized knowledge in this field, as well as acting before the IRS launches a criminal tax investigation or audit.

The increased wave of enforcement has been due to an agreement made between Israel and five dozen other nations. Although Israel and the United States have had agreements dating back to 2014, the 2019 enforcement is a result of increased scrutiny by the IRS. The Tax Law Offices of David W. Klasing can serve California clients across the state, with offices in thirteen cities in both Northern and Southern California. Their experienced international tax lawyers and CPAs will be able to assist individuals with foreign bank accounts to ensure they are able to maintain or re-enter into proper U.S. income tax and offshore information reporting compliance.

“If you are a U.S. citizen, dual citizen, U.S. resident, or nonresident with unreported bank accounts or securities in Israel, you should talk to an experienced tax lawyer about your reporting responsibilities – and how, if necessary, to correct past errors,” Mr. Klasing noted in his blog post. “Our international tax attorneys have repeatedly cautioned taxpayers about the legal and financial perils of failing to report foreign bank accounts by failing to file an FBAR…and/or failing to satisfy other offshore income tax and foreign information reporting requirements.”

Klasing also noted that technological advancements have made it easier for the IRS to identify and prosecute noncompliant individuals and that it is virtually guaranteed that a noncompliant individual will risk being investigated for failing to adhere to the law. Penalties can range from fines to time in federal prisons because those who conceal their foreign accounts and evade the associated income tax ramifications are taken very seriously by the US government and courts.

FBAR rules require Americans to disclose existence of an interest or signatory authority in a foreign financial account if the balance of such account is in excess of $10,000 at any point during the year. Anyone who might be concerned about their compliance is encouraged to reach out to the Tax Law Offices of David W. Klasing:

About Tax Law Offices of David W. Klasing:

Based in Southern California, the Tax Law Offices of David W. Klasing serve as a boutique tax, estate planning, and business law firm offering the services of a tax attorney and a CPA for the price of one. Licensed as a lawyer in California and certified in public accounting, the firm provides businesses and individuals the help they need to navigate tax issues, while also offering accounting, tax compliance and planning services. To learn more about the Tax Law Offices of David W. Klasing, visit

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Anthony Fernicola to Be Honored at Manhattan College’s 2020 De La Salle Medal Dinner

RIVERDALE, N.Y. (PRWEB) December 09, 2019

On Thursday, February 6, 2020 at the Grand Hyatt New York in New York City, Manhattan College will host its annual De La Salle Medal Dinner.

The 2020 De La Salle Medal recipient is Anthony Fernicola ’78 ’82 MBA, president and chief customer officer at Salesforce. The black-tie event will begin with a cocktail reception at 6:30 p.m., followed by dinner at 7:30 p.m.

The De La Salle Dinner raises essential, unrestricted income, the most critical form of funding for the College. Donations from this event are applied to a multitude of needs, particularly student scholarships and financial aid, making a Manhattan College education accessible for more students.

Established in 1951 in honor of Saint John Baptist de La Salle, founder of the Institute of the Brothers of the Christian Schools and patron saint of teachers, the College’s board of trustees views the De La Salle Dinner as an opportunity to highlight an individual who represents the Lasallian values as a corporate executive.

To register, or make a gift, visit

Fernicola has served as Salesforce’s president and chief customer officer since February 2016. Prior to that position, he was president of global enterprise sales.

As president and chief customer officer, Fernicola brings the power of Salesforce, the global leader in CRM, to the world’s largest organizations.

Before joining Salesforce, Fernicola served as senior vice president at Oracle, where he led the company’s North America Technology Organization.

During his career at Oracle, Fernicola was widely recognized for leading key transformational initiatives for the company’s technology license business, engineered systems business and financial services business.

Fernicola received his bachelor’s degree in marketing and economics and an MBA in computer science from Manhattan College.

For more information about the De La Salle Medal Dinner, please contact Kristen Farrell, director of institutional giving and special programs, at (718) 862-7431 or

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