Withum is proud to share that the Los Angeles Business Journal has recognized Chris Passmore, partner-in-charge of the Encino office, and Aza Ghazaryan, tax partner, on their Top 100 Accountants list for 2022. Christopher Passmore, CPA, MBA, leads Withum’s Encino office as the partner in charge and specializes in assurance and business consulting services to…
The IRS recently released a private letter ruling (PLR 202244004 (August 9, 2022)) that grants additional time to a taxpayer that failed to timely elect to defer the gain from arolloverof qualified small business stock (QSBS). The IRS’s decision to grant late-filing relief in this context is not that surprising or ground-breaking, but it does…
“We don’t pay taxes. Only the little people pay taxes.” That infamous quote from Leona Helmsley sums up the (mostly unspoken) opinions of many taxpayers. Unfortunately for them, there are people in their lives with the knowledge that they have engaged in tax evasion. These people can make a call to the IRS and become…
Do you have Office 365, but are using another digital system to keep track of daily job duties or project activities? With your license, Microsoft delivers many different task and project management tools. From the simple flagging of emails in Outlook to simple or customized SharePoint lists to Microsoft Project. A project management tool focused…
Withum is excited to share that Adrienne Smith and Jasmina Woodson have been named on Profiles in Diversity Journal’s (PDJ) Black Leadership Awards List. Adrienne is a Senior Project Manager and Assistant Virtual Chief Information Officer on Withum’s Cyber and Information Security Team. She is a former US Army Senior Communications subject matter expert and…
Withum is proud to share that CPA Practice Advisor named Jessica Offer on their annual 40 Under 40 List. As a Partner at Withum with over 12 years of experience, Jessica services clients primarily in the emerging and middle markets focusing on technology and emerging growth companies. As a known mentor and recipient of the…
Withum is proud to share that the Los Angeles Business Journal has named Aza Ghazaryan on their Leaders of Influence: Women in Accounting list for 2022. Aza Ghazaryan is a Tax Partner with over 15 years of experience. She provides tax compliance and consulting services to partnerships and high-net-worth individuals and serves business clients in…
Has the Financial Accounting Standards Board (FASB) just saved us from unfavorable accounting? On October 12, 2022, the FASB issued a board ruling that certain crypto assets should be measured at fair value. Who’s Affected by This Ruling? This ruling applies to all entities, public and private, who are currently holding or are considering investments…
Beware, your most trusted employees could be fraudsters. You trust your employees to perform their daily job functions properly. Maybe they are not. How can you tell? Continue reading to learn about who tends to commit the costliest frauds and the red flags to watch out for. In our previous two articles, 2022 ACFE Report…
Thinking about Microsoft Dynamics 365 Business Central vs. GP and whether it’s time for an upgrade? In this post, we’ll cover some of the things you need to know about migrating from Microsoft Dynamics Great Plains to Dynamics 365 Business Central (BC). From time immemorial, running a business can be likened to the challenging and…