Who we are
The largest US accounting firm in Israel. Founded 35 years ago in a roving Peugeot hatchback while serving US expatriates in the Israeli Negev desert.
Read on to see how the ingenuity and close personalized service has been the core of our stability. At Philip Stein & Associates Ltd., you will get to know your personal CPA who will represent your best interests.
Our main pride is our duality. We utilize our warm and veteran relationships with the leading Israeli law and accounting firms to connect our many hi-tech entrepreneurs with investors and top service professionals in Israel, the US and Europe. In addition we serve individual clients with all of their tax compliance needs.
We are thrilled to start out 2016 with a long time friend and colleague- Dr. Billy Levine, who also happens to be the Co-founder of a fascinating startup. Tune in to learn about Izun Pharmaceuticals’ success story and how their research provides innovative products suitable for a wide range of oral health care needs all over the world.
As 2015 comes to a close, we are thrilled to talk to CEO and Founder of Telesofia Medical, Dr. Rami Cohen. Tune in to hear how this startup got mentioned as one of Forbes innovative companies for 2015, and learn more about how personalized medical instruction videos reduce liabilities for healthcare providers and, most importantly, improve lives. Enjoy!
Celebrating December 15 deadline and 2015 coming to an end by providing you with our first studio recording podcast episode! We put together a summary of all we learned so far since 2009 on the reporting of a foreign bank account, disclosure and streamline programs. Enjoy!
I have taken cab rides all over Israel and in as exotic places as Cairo, Egypt, LiJiang,China and Tijuana, Mexico. I had not thought of my Mexican cab ride in Tijuana in over 40 years ago until last week while taking a cab in Jerusalem.
My parents, sister and I were returning from a Jai Lai match on a day trip from Southern California. My late father wanted us to experience a live Jai Lai match, and he apparently wanted to place some bets to help defray the cost of this vacation. For those who have never been to Tijuana, I can only describe it as one of the scariest places I have ever been to. Run down, dirty, with people offering all kinds of illegal products and services that a young teenager should not witness, nonetheless, we survived the day in the market and proceeded to the Jai Lai match.
Despite the grungy stadium, it turned out to be a lot of fun, particularly when we were made aware of the players my father was betting on.
The final match of the evening began and my Dad revealed to us that if a certain player won, he would win $500! We starting cheering for “our” player like crazy, and much to our surprise, he won! My father immediately got us down to the cashier to collect his winnings and onto to the street to find a cab back to the safety of the good old USA. We quickly found a beat up cab, circa late 1950’s and looked forward to celebrating my father’s windfall. As we approached the border, I could not control my excitement and blurted out, “I can’t believe, we won $500!”. My memory or family lore, says that as soon as I said this,the cab driver pulled onto a side street and seemed to be taking an off the beaten track route back to the border. My father gave me a look that said we are about to be kidnapped and held for ransom, thanks to your big mouth. After a few very tense minutes, we found ourselves in front of a big sign “Bienvenidos a los Estados Unidos”, we were safe after all, and the cabbie had simply taken a shortcut and was not trying to rob us.
Fast forward to a fall evening in Jerusalem 2015, a few weeks before Chanukah. Despite the early darkness, I have always enjoyed being in the city at this time of the year as Chanukah approaches.
Bidding farewell to one of my daughters with whom I spent a lovely evening on the lower portion of Jaffa Road, I sought a cab on Rehov Yannai, a formerly friendly place in Jerusalem of 20 years ago. I opened one of my favorite apps called Gett (formerly Get Taxi). My cab would be arriving 5 minutes, which seemed reasonable. Besides feeling a bit cold I suddenly realized I was on a poorly lit street with several young Arabs wandering around me. Without even thinking, I starting to feel uncomfortable/unsafe even though no one made any threatening gestures toward me. In fact as those 5 minutes dragged on I realized I was looking for the best lit spot on the street to wait while keeping an eye on all passersbys.
Normally feeling safe in my city, the last three months of senseless violence was subconsciously bringing back my survival instincts well honed back on the Southside of Chicago many, many years ago. 4 minutes, 3 minutes, 2 minutes, 1 minute, “Your driver has arrived!”. Now I would be feeling safe again! However as the cab approached I saw the cab was not a shiny Mercedes but a rather beat up Skoda, and the driver was not a fellow Jewish Israeli but rather an Arab from East Jerusalem. I got into the cab and then immediately realized the most direct route back to where I left my car was via East Jerusalem and not via Rehavia in the Western city. I quickly began to try suggesting an alternate route back to my car but every one of my lame excuses was dismissed by my driver as a waste of time and gas. So I found myself in a cab,with an Arab cab driver driving through East Jerusalem, very anxiously feeling that I was back in that cab driving through the back alleys of Tijuana Mexico.
Even if we are not witnesses to a terror event, we are all affected by our current environment. Three months ago I would have gotten in that cab and never given it a second thought as to who was the driver or what route he was taking. However, much has changed since summer’s end and it fills me with sadness that the terrorists are succeeding in penetrating our psyches, causing us to distrust our fellow citizens and bringing the emotion of fear to the forefront. Of course this pales to the horrible crimes these terrorists are committing on a daily basis, but nonetheless the current situation affects us all. Yet despite my discomfort and fear, I remember other dark times our people have faced. We all know from Chanukah, that one small light can lead to a feeling of hope and triumph. I pray that in these dark times we can look to at our Chanukah lights and be inspired with the belief that the forces of light will prevail as they always have in the past.
Regarding my own cab ride, the driver was charming and we had a pleasant conversation about living in Jerusalem these days. May these crazy days come to an end sooner rather than later.
Most of us want to live a long life, but do we all want to work that long? Tune in to this weeks podcast to learn the best way to go about giving gifts to your children, how to invest wisely and how to go about having enough savings for 30 years of retirement without needing to rely on the next generation.