Steve Martini Included In The 200 Most Influential Leaders In The San Fernando Valley

November 7 2017

 

San Fernando Valley Business Journal Presents The 200 Most Influential Leaders In The Valley Area

Originally published by the San Fernando Valley Business Journal October 2017

Steven Martini, 60, is a partner with the accounting firm of Martini Iosue & Akpovi in Encino.  He’s also one of the owners and the managing director of ProVisors, a network of senior-level trusted advisors.  Martini is a CPA and business advisor with a focus on tax, consulting and management advisory services.  He also has experience on the client side; he was president and chief financial officer of a publicly traded company he helped to start.

Why this career?

I had a great accounting professor in college for my first accounting course – he made it interesting.

Best advice?

The senior partner at my firm always told me to listen to the client.

Economy in a year?

Flat. My clients do not seem optimistic

You in high school?

Jock / Hippie

Retirement age?

I will start slowing down in 5 years and will then see how my golf game is.

Please contact Martini Iosue & Akpovi by phone at (818) 789 1179 if you have questions or would like more information about this article.

 

Michelle Germain Joins MIA As A Senior Tax Accountant

November 6 2017

Michelle joins Martini Iosue & Akpovi as a Senior Tax Accountant.

Michelle graduated summa cum laude from Tulane University and obtained her Masters of Taxation degree from the University of Southern California.  Michelle spent two years working at PricewaterhouseCoopers in the financial services line of service, during which she focused on taxation of large insurance corporations.  She then spent one year at Solomon, Ross, Grey expanding her knowledge of passthroughs and individuals.

In her free time, Michelle enjoys spending time with family and friends, playing with her dog, and traveling.

Welcome to the team Michelle!

If you would like more information about working at Martini Iosue & Akpovi, please contact us by phone at (818) 789-1179.

 

Tes Macaraya Regarded As One Of The Most Influential Women In Accounting By The LA Business Journal

November 2 2017

LA Remains A Leader For Women In Accounting

Originally published in the October 30 issue of the LA Business Journal

Tes Macaraya is a tax partner at Martini Iosue & Akpovi and has over 25 years of experience providing tax planning and compliance services for partnerships, high net worth individuals and corporations primarily in the real estate industry.   She serves real estate investors, developers and operators across all asset classes including commercial, industrial and residential.  In addition to her experience serving clients in the real estate industry, Macaraya serves clients in the manufacturing sector, professional services firms and not-for-profit organizations.

As Head of the Tax Practice at Martini Iosue & Akpovi, Macaraya helps her business clients with their formation all the way to the sale transaction and anything in between.  She consistently provides innovative tax planning and compliance services for businesses and high net worth individuals.  Her areas of client specialization include partnership and flow through entities as well as an emphasis on mid-sized businesses and high net worth individuals.

The full article can be read on the LA Business Journal website  

 

Martini Iosue & Akpovi Expands With Santa Clarita, California Office

October 31 2017

Martini Iosue & Akpovi, LLP today announced the opening of an office in Santa Clarita, located in the Valencia Executive Plaza at 27201 Tourney Road.

I am really excited to bring our firm’s talents, relationships and access to resources to the Santa Clarita Valley,” said Partner Kevin Holmes, an assurance and consulting partner who specializes in audit, business advisory and internal control consulting, and who will head the office and lead its group of professionals. “We want to be an integral part of the growth of the Santa Clarita Valley’s business community and we will offer our firm’s full suite of services from the Valencia office.

Holmes, a Saugus resident, says that in the two decades he has lived in the Santa Clarita Valley, he’s seen tremendous business growth that has left the area with a disproportionately low number of accounting firms of the caliber of Martini Iosue & Akpovi.

Kevin and I have had the opportunity to work alongside one another over the years in his roles as the Chairman of the College of Canyons Foundation, the Chairman of the Foundation’s Audit Committee and as a member of the Independent Citizens’ Bond Oversight Committee,” said Dr. Dianne G. Van Hook, Chancellor of the College of the Canyons. “I look forward to continuing to work with Kevin in the future.”

Holmes says he hopes the new office also attracts new talent interested in participating in Martini Iosue & Akpovi’s expansion. Santa Clarita is the firm’s second office since its inception 25 years ago.

If you would like more information about the Santa Clarita office please contact us by phone at (661) 678 0797 (Santa Clarita office) or (818) 789 1179 (Encino office).

 

We’re Hiring! MIA Attends ‘Meet The Firms’ Event At LMU

October 3 2017

Last week Kevin Khoury from our audit team, and Diana Xuan from our tax department, attended LMU’s ‘Meet the Firms’ event.

Kevin and Diana had a great time talking to LMU students and sharing their experiences of working in accountancy.

We have places available for our summer 2018 internship program. If you would like more information about our internship program or working at Martini Iosue & Akpovi in general, please contact us by phone at (818) 789-1179.

 

Do You Need The Protection Of A D&O Insurance Policy?

October 2 2017

Your efforts toward ensuring your financial security might be focused on building up your assets through wise investing or growing your business. But protecting the assets you already have is just as important. And if you serve as a director or officer of a company, or even sit on the board of a nonprofit, your assets may be vulnerable. One way to gain some protection is to obtain coverage under a directors and officers (D&O) insurance policy.

Assessing your risks

D&O insurance helps protect an organization’s directors, officers and board members from liability resulting from management decisions. Just a few examples of how such individuals can put themselves at risk include:

  • Committing a crime,
  • Failing to disclose a conflict of interest, or
  • Breaching their fiduciary responsibilities.

But even if directors or officers do nothing wrong, they still can be held financially responsible for others’ missteps if they’re sued and the organization lacks sufficient assets to protect them. Indeed, directors and officers are vulnerable to many types of lawsuits.

Employment-related litigation — covering such claims as harassment, discrimination and wrongful termination — is particularly common, while legal action also may be brought by unhappy shareholders, lenders, customers, suppliers, competitors or government regulators.

You may feel less vulnerable if you sit on the board of directors of a nonprofit. Although nonprofits do lack shareholders, they still have stakeholders — financial contributors or other individuals with a personal interest in the organization’s mission. Thus, nonprofit directors, officers and board members can find themselves at risk if these stakeholders decide to sue its leaders for mismanagement.

Contemplating coverage

When contemplating a D&O policy, determine exactly what it covers. For example, some insurers won’t cover fraud-related claims, while others specifically exclude employment-related litigation.

Next, weigh what’s covered against the specific risks you’re most likely to face. For example, if you’re thinking about joining the board of an organization with a history of rocky employee relations, determine whether you’ll be protected from employee-related lawsuits. If you uncover potential gaps in the D&O policy, or if it includes provisions that could lead to your coverage being rescinded in certain situations, you may need to obtain additional protection through supplemental liability insurance.

Building a safeguard

Make no mistake, a D&O policy can be costly because of the high financial stakes involved. So an organization in cost-cutting mode may not wish to offer you this coverage. Nonetheless, if you’re a director, officer or board member, a policy may serve as a critical safeguard for your family’s assets. Contact our firm for an assessment of your situation.

D&O vs. E&O

Many people mistakenly view errors and omissions (E&O) insurance as an alternative to a directors and officers (D&O) policy. Don’t be among them; the two types of policies cover different sets of risks.

E&O insurance covers the business itself against problems stemming from potential failures in the products and services a business offers its customers; D&O insurance protects individual officers and directors from financial risk stemming from management decisions — either yours or someone else’s.

Please contact Martini Iosue & Akpovi by phone at (818) 789 1179 if you have questions or would like more information

© 2017

 

Thea Dauigoy Joins Martini Iosue & Akpovi

September 26 2017

Thea has joined Martini Iosue & Akpovi as a bookkeeper. Thea has four years of bookkeeping experience in multiple industries dealing with all facets of payroll tax, sales tax, city business license, and all other bookkeeping functions. In her spare time, Thea enjoys playing tennis, hiking, and loves to travel – she has already visited Iceland, Amsterdam, Belgium, France and Thailand this year!

Welcome to the team Thea!

For more information about working at Martini Iosue and Akpovi, LLP please contact us by phone at (818) 789-1179

 

MIA Attends ‘Meet The Firms’ Event

September 20 2017

We enjoyed talking to CSUN students last night about our internship program at Martini Iosue & Akpovi. We have three places available for our summer 2018 internship program. If you would like more information about our internship program or working at Martini Iosue & Akpovi, please contact us by phone at (818) 789-1179.

We wish all CSUN students all the best with their future studies and careers.

The Martini Iosue & Akpovi team pictured from left to right: Shawn Kagan (tax), Kevin Khoury (audit), Jim Roberts (tax) and Diana Xuan (tax).

 

Ryan Mills Joins MIA Audit Team

September 1 2017

Ryan has recently moved to Los Angeles from Philadelphia Pennsylvania. He previously worked at CBIZ MHM for four years in the audit department, with most of his time being spent on commercial real estate and 401(k) plans. In his spare time Ryan enjoys golfing, soccer, and being outdoors in general. Ryan joins the team as an Audit Senior. Welcome to the team Ryan!

For more information about working at Martini Iosue & Akpovi, please contact us by phone at (818) 789-1179

 

Kirti Galindo Promoted To Billing Supervisor

August 25 2017

We are excited to announce that Kirti Galindo has been promoted to Billing Supervisor. Congratulations Kirti!

For information about working for Martini Iosue & Akpovi please contact us by phone on (818) 789-1179

 

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