The people behind the
great ideas at MWE.
Donald Karabaich, CPA - Partner
As an accounting and auditing Partner, Don is involved in many aspects of accounting, auditing, tax and business advisory services. Don is Co-Chairperson of the firm’s Manufacturing & Distribution Group and is an active member of the Technology Practice Group. He advises his clients in numerous aspects of business and financial management including operational and internal control matters, mergers and acquisitions, bank financing and loan structuring, implementation of executive compensation programs, profit sharing and 401K plans. Don also assists his clients and high net worth individuals in the implementation of estate and retirement planning and succession planning. He also represents clients on federal, state and local income, franchise, sales and payroll tax examinations.
Don has many years of experience serving clients in the manufacturing and distribution industry with specialties in bottling and beverage and corrugated cardboard companies. He also serves clients in a variety of closely held businesses, including legitimate Broadway Theaters and software development. Don also has experience advising clients in the music and recording industry.
Don holds a Bachelor’s degree from Baruch College and was awarded his CPA in 1997. He is also a member of the American Institute of Certified Public Accountants (AICPA) and the Hauppauge Industrial Association (HIA). Don is also active in the Long Island Association (LIA) and with the Long Island Software and Technology Network (LISTnet).
- January 15, 2021MWE Named a 2021 Forbes Best Tax & Accounting Firm
For the second year in a row, MWE was named a Forbes Best Tax & Accounting Firm in America.MWE was one over 170 firms recognized in both the tax and accounting categories out of 18,000+ tax & accounting firms.
- January 5, 2021COVID-19-Related Relief Is Signed Into Law
Updated: January 7, 2021 On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (“The Act”).This was the fourth stimulus package passed in 2020 and comes after months of protracted negotiations.
- March 30, 2020Significant Tax Provisions of the CARES Act
On March 27, 2020 President Trump signed into Law the Coronavirus Aid, Relief, and Economic Security Act.The sweeping legislation gives substantial relief to business owners and individuals.
- March 24, 2020New York State Provides Limited Penalty Relief For Sales Tax Vendors
In the wake of declaring a State Disaster Emergency, New York Governor Cuomo has issued an executive order expanding the Tax Commissioner’s authority to abate late filing and payment penalties to also allow the Commissioner to abate interest on quarterly sales and use tax filings and remittances with a due date of March 20, 2020…
- March 20, 2020New Employment Tax Credits Under Families First Coronavirus Response Act
President Trump has signed into Law the Families First Coronavirus Response Act (FFCRA).The FFCRA requires that certain employers provide expanded paid leave and/or emergency family leave to certain employees.