Withum is excited to welcome Lynn Mucenski-Keck to the Firm’s National Tax Services Group in the role of Principal, specializing in tax planning for businesses. With over 20 years of experience, Lynn has industry expertise in healthcare, hospitality, real estate and manufacturing distribution and logistics. At Withum, she will focus on Federal tax planning and…
By now, you have heard about the Department of Labor’s guidance for employee benefit plans and best practices for cybersecurity programs. But now you may be thinking…what do we do now? There’s a lot of information and recommendations packed into those twelve best practices, so let’s break it down into actionable items you can take…
Crowdfunding is an alternative way of raising funds for a startup, requesting donations for a specific charitable cause, or even collecting money for individuals in need. The contributions are usually in small amounts, but the funds raised can be significant. The question is, are funds raised through websites like Kickstarter, GoFundMe, Kiva and Indiegogo taxable?…
Residential and commercial real estate management company engages outsourced accounting services to fill needs after the retirement of a former outsourced accounting firm. Download a PDF of this case study Executive Summary A NYC-based residential and commercial real estate management company transformed its back-office through outsourced accounting services. Withum delivered a remote, available-as-needed outsourced accounting…
In the Previous Chapter In the previous chapter, the focus was on choosing between Agile and Waterfall project management models and their applicability to different projects. In This Chapter It is said that “what gets measured, gets easily managed, improved and gets done too.” Any project is a series of activities and interim outputs. These…
Omnichannel is a buzzword often used to benchmark customer experience success in the retail industry. While businesses continue to invest in e-commerce and digital marketing today, omnichannel customer experience has become the “next step” in the e-commerce roadmap – but few know how to achieve it. In this post, discover tips for developing an omnichannel…
In honor of Women’s History Month, Withum’s Labor Unions Services Partner, Nadia Matthie, sat down with Shirley Aldebol, Executive Vice President of 32BJ SEIU. Shirley is assistant to the President on leadership and staff development and oversees the public schools division in the New York Metro area, which includes more than 5,000 members who work…
The Tax Court recently denied a deduction for an expense that the taxpayer thought was an ordinary and necessary business expense. The expense was an educational expense for a non-employee, and even though the tax law allows flexibility to taxpayers in deducting business expenses, it does have limits. The tax law regarding business expense deductions…
Careful analysis of the employee retention credit (“ERC”) provided under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the 199A limitations set forth under the Tax Cuts and Jobs Act of 2017 (“TCJA”) may lead to unexpected tax consequences this tax season. Just when we thought the discussion surrounding 199A was on…
We asked a group of influential women in the industry about the sector’s current trends, opportunities, challenges, and what they think it takes to be successful in this area. Taryn Bostjancic, Practice Leader of Withum’s Life Sciences services team, explains how our firm is looking for opportunities to advocate, motivate and elevate women — both…