Share Procurement– a trending topic discussed by organizations implementing the Uniform Guidance Procurement Standards. Governmental, not-for-profit and higher education organizations are searching for answers around questions resulting from this implementation. The procurement standards under Uniform Guidance went into effect for fiscal years beginning on or after December 26, 2017. So, organizations with 2018 calendar year…
Share Withum client, GTY Technology Holdings completes 6-company government tech merger. By combining some of the top SaaS providers in their respective fields with the clout and resources of a publicly traded company, GTY hopes to corner the market for widespread government adoption of cloud software. Five months after it announced the acquisition of six…
Share Withum’s experts, Patrick Walsh, Tom Farrell and Hal Terr were quoted by CBS News commenting on 2018 tax refunds and liability. As the days continue and we dive deeper into tax season, many taxpayers will benefit this year from the 2017 tax law while others are not quite so happy. CBS News dives into…
By nature, a Real Estate Investment Trust, or REIT, is meant to hold a passive investment in real estate and receive rental income. In an age of rapidly expanding non-traditional REITs and increasing competition among traditional REITs, services begin to play a bigger role in attracting tenants and creating new revenue streams. Without careful planning,…
Share 1/2 Down and Miles To Go Withum 300 is the firm’s health and fitness program, where participants are challenged to run 300 miles or more over the course of the year. The group was created in 2014, with just over 40 participants. Now five years later, we have grown to over 200 team members…
One question real estate developers are faced with is when to capitalize and when to expense costs incurred before, during and after production. As a result of the Tax Cuts and Jobs Act (“TCJA”), additional analysis may be required to determine the appropriate recognition of costs, depending on whether the taxpayer is considered a large…
A leading Mid-Atlantic professional services firm had an outdated SharePoint-based intranet platform in place and noticed that employees had begun to use an external social network for communications. Clearly, it was time for a fresh start, so they sought a partner who could establish an easy-to-deploy prepackaged intranet solution. They wanted to empower employees to…
Share Zsia Rosmarin, CPA, Partner, Team Leader of Withum’s Women in Technology team, has been named one of New Jersey’s 2019 Best 50 Women in Business. NJBIZ recently announced the honors list of the 50 most dynamic women in business that have been making headlines in their field. An independent panel of judges selected the…
Share The Tax Cuts and Job Act (TCJA) has brought about many changes to the tax law including the hot topics of the qualified business income deduction and the business interest expense limitation. The TCJA has also brought about subtle disallowances of employer deductions including entertainment and qualified transportation fringe benefits. On-Demand Webinar: Is Your…
Fragmented business systems, siloed data, and manual processes stifle growth, and are forcing companies to consider IT modernization, if they haven’t already. Organizations are demanding a technological foundation that enables flexibility, agility, and visibility. Cloud computing is the accepted business architecture of today and tomorrow, and with it organizations are free to focus on innovation,…