Did you know that you may be eligible to exclude 100% of the gain on the sale? If your “C” Corporation stock qualifies as Qualified Small Business Stock (“QSBS”), you may be eligible to eliminate paying tax on a portion or possibly all of your gain on the sale. This article will explain the general…
Share You may not be aware that some of the activities that your company performs may qualify for federal and state research and development (R&D) tax credits. We are not talking about the white lab coat drug research programs where a company can spend millions of dollars with no definitive ability to recoup these costs…
Share On January 21, 2020 Governor Murphy signed a new bill into law that amends and significantly expands the existing NJ Worker Adjustment and Retraining Notification Acts (WARN) Act. As a result of the amendments, which take effect July 19, 2020, the law will apply to more employers, increase the notice requirements for mass layoffs…
What exactly is a REIT? How does it operate? What are the advantages of a REIT structure? These are the questions that investors and other interested parties may have since this type of investment is often overlooked when looking into investment options. However, a REIT, an acronym for Real Estate Investment Trust, can be a…
Share The SEC’s Office of Compliance Inspections and Examinations (OCIE) recently released its “2020 Examination Priorities”. Included in this update is a recap of FY 2019 examination results. Topics relating to Registered Investment Advisers (RIAs) are discussed below. Overall, OCIE completed 3,089 examinations in 2019, which is down (due in part to a 35 day…
The purpose of an agile enterprise resource planning (ERP) implementation is to allow your organization to become more efficient. Do you think your legacy ERP system may be slowing down, rather than speeding up your organization’s productivity? If so, below are some clear indicators that your current ERP software solution might not be up to…
New Jersey is one of many states banning plastic for single use. According to NJ.com, there are 34 municipalities and two counties that have banned the use of plastic straws and bags. In addition, there are currently 11 municipalities pending and 16 municipalities considering this ban. The impact will change the way restaurants and bars…
Share Whether it’s requested or required, labor unions will likely find themselves in an audit process. But, these audits can be more than simply compliance measures. Officers and management can use these audits to obtain feedback on internal financial reporting and other operational processes. Then, they can use this information to improve their organization’s effectiveness….
What does it take to remain competitive in the constantly changing world of the manufacturing industry? There may not be a single answer, but one thing is certain: without the right tools and systems in place, it’s nearly impossible for companies to keep pace. For this reason, leading innovators in production are turning to NetSuite’s…
Share U.S. citizens who plan to renounce their citizenship and green-card holders who plan to end their U.S. resident status for federal tax purposes can simply file their final U.S. tax return provided they are not deemed to be a “covered expatriate”. If they do meet the definition of a covered expatriate they may be…