Seton Hall University and Withum announced a pilot program today aimed to ease the burden of fulfilling the 150 credit hours requirement for accounting students. The CPA Pathway Apprenticeship supports the AICPA and NASBA’s initiative to help alleviate barriers for students considering a career in public accounting. This program gives students the opportunity to earn…
In an increasingly cashless society, digital payments have become the norm for businesses across various industries. Resorts, with their focus on providing exceptional guest experiences, are no exception. Accepting digital payments can offer numerous benefits to resorts, including improved convenience, enhanced security, and increased customer satisfaction. However, before diving into digital payments, resorts need to…
Over the last two years, the New York City Musical and Theatrical Tax Credit Program has been a leading force in helping the live theatrical industry recover from the devastating effects of COVID-19 and get back to where it was before the pandemic. The New York City Musical and Theatrical Tax Credit was implemented to…
Learn how Withum helped a critical not-for-profit transition to the cloud, prioritizing security, accessibility and standardization. Download a PDF of this case study. Executive Summary After the successful completion of a COVID testing and vaccination tracker project with Withum, an established non-profit with over 100 years of essential service was ready to commit to the…
An ERP implementation is not a simple, short or routine task. It’s a large undertaking that serves to transform your business – but comes with many risks along the way. Companies often suffer the aftermath long after an implementation that didn’t go according to plan. Some common root causes for failed or incomplete implementations involve…
On August 3, 2023, Treasury and the IRS issued proposed regulations and a press release identifying monetized installment sale transactions and substantially similar transactions as Listed Transactions. A Listed Transaction is a type of transaction that requires participants (and material advisers) to report their involvement in the transaction to the IRS on a special disclosure…
Withum is proud to share that Steve Martini, Partner, in Withum’s Encino office, was named on San Fernando Valley Business Journal’s Top 200 List for 2023. The annual Top 200 list honors influential industry leaders in healthcare, government, real estate, finance, education, advisors and business. It focuses not only on each honoree’s title but on…
Whether it is manufacturers, clothing designers, software developers, plant breeders, winemakers, or engineers, businesses across New York State are shocked to hear how significantly their federal tax bills are increasing for the 2022 taxable year even when their earnings remain the same. It is every accountant’s nightmare to explain that the ability to immediately deduct…
In June 2023, Pennsylvania Governor Josh Shapiro signed into law a cybersecurity bill, the Pennsylvania Insurance Data Security Act (the “Act”), that requires insurance licensees (with an exception for certain small businesses) to conduct a risk assessment to identify cybersecurity threats and determine the potential damage that might occur. Also required under the Act is…
Discover how you can benefit from the Alternative Vehicle Refueling Property Credit and embark on a journey towards a more sustainable transportation ecosystem. With additional clean vehicle purchases, more infrastructure is needed. The maximum credit per charging station is generally 30% per the cost of the charging station, increased to $100,000 per station (not project)….