Newark, NJ September 26, 2018 – Michael H. Karu, CPA/CFF, Member, Levine, Jacobs & Company, LLC., a Livingston-based leading accounting firm, was featured on NJ.com

In the article, “Will my college savings be counted as an asset for Medicaid?” Karu stated, “If the funds were invested in a 529 plan, the funds are not part of the donor's taxable estate. That means the assets are not includible.”
To read the article in its entirety please click here. https://bit.ly/2NUILBn

To speak with and/or set up an interview with Michael Karu, please contact Amy Delman, Amy Delman Public Relations, LLC, 201.563.4614 or amydelmanpr ( @ ) verizon dot net dot

Michael H. Karu, CPA/CFF, is a member of Levine, Jacobs & Company, LLC, a Livingston-based accounting and consulting firm. He is qualified by the Superior Court of New Jersey, Family Part, as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses. Additionally, he is a Certified Divorce Mediator and is Certified in Financial Forensics. Karu received his B.S. degree in Business Administration from The Ohio State University and holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section, as well as the NJ State Society of CPAs.
Karu is a published author of numerous articles seen in trade and consumer publications and has been a guest on radio and television shows.

NJ.com is a digital news content provider. It is owned by Advance Local, an organization which operates 10 local news and information sites in the United States.

Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. The firm prides itself on its teamwork abilities where “every account receives the talent and expertise of the whole firm.”

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