An attorney for 40 years, Karen Tenenbaum and her team represent taxpayers in IRS and New York State tax matters.
Karen is a frequent speaker on IRS and NYS tax issues for numerous professional groups on topics such as New York State residency, IRS and NYS Tax Collection and more.
Her knowledge and leadership have established her as a leading tax attorney in the New York area. She developed an interest in promoting financial literacy from her first-hand experience helping others with tax problems.
In addition to her tax practice, Karen is the founder of Money Masters Inc. and the co-creator of Walter the Vault, which is an animated character that promotes financial literacy for children.
She focuses on how to save reasonably, spend responsibly, invest wisely, give appropriately, and budget regularly. Karen’s ultimate goal is to teach children how to make responsible and informed decisions about money.
As an advocate of financial literacy for all ages, Karen is also the co-founder and served as chair of the board of directors for Commerce Plaza Inc., a nonprofit promoting financial literacy that is now part of the YES Community Counseling Center.
Commerce Plaza introduces children to the business community in order to prepare students for employment and a successful future. The Children’s Business Center teaches elementary students about the free enterprise system, careers, economics, citizenship, and the general skills needed in the work world.
Through a hands-on and simulated work environment, students receive paychecks, make bank deposits, write checks, operate businesses, prepare cost sheets, think critically, and work as a team.
Karen has been featured in news articles and on local cable television shows and radio programs, including the WCBS 880 Radio Small Business Spotlight with Joe Connolly, Fox5, Money Magazine, iHeart Radio, Toy Museum of NY, Tower Talk Radio, Law You Should Know, Long Island Business News, The New York Times, Newsday, The Trusted Professional, Channel 12 News, Channel 12 Job Line, Bloomberg Radio, Telecare “Family Comes First,” Bonnie D. Graham’s “Technology Revolution: The Future of Now” and “Something to Talk About,” the Kidz Expo at the Long Island Children’s Museum and Govs Radio.
In addition, she has given multiple presentations for the Girl Scouts and the Boy Scouts and created a Family Financial Literacy Fair for the NYS Society of CPAs, Nassau Chapter.
Active in the legal and accounting professions, Karen is past chair of the Nassau County Bar Association Tax Law Committee and a past executive board member of the New York State Society of Certified Public Accountants, Nassau Chapter.
She is also the past chair of the Financial Literacy Committee of the New York State Society of Certified Public Accountants, Nassau Chapter. Karen remains an active member of all of these organizations.
For many years, Karen has been selected as a New York Metro Area Super Lawyer as a practitioner of tax law. And recently she has been named a Top 50 Women Lawyer of New York State by Super Lawyers.
Karen received her J.D. from Brooklyn Law School and her LL.M. in Taxation from New York University School of Law. She is admitted to the State Bar of New York and the U.S. Tax Court. She is also a Certified Public Accountant.
Congrats! The Women of Distinction award is well-
deserved!
Thank you for promoting financial literacy for children! It’s so important to start teaching good money habits to young children!