Sunsetting Provision: Grow New Jersey Assistance Program

By Krysten Hambrook

Share As the saying goes, “All good things must come to an end.” On June 30, 2019, the increasingly popular Grow New Jersey Program is set to expire. The program has improved the New Jersey economic landscape through job creation and retention and delivered tax incentives to qualified eligible businesses through a credit for a…

Communication Styles in a Multigenerational Workforce

By Krysten Hambrook

The complexities of communication have become much more pronounced in the workplace, particularly since today’s workplace arguably includes four (soon to be five) different generations. Workplace teams are comprised of people of varying ages, generations, backgrounds, and life experiences. These differences affect communication in many ways. Due to the differences in backgrounds, certain generations may…

Scratching the Surface – Impact of Section 163(j) on Real Estate

By Krysten Hambrook

Exactly one year ago in December 2017, a sweeping overhaul of the tax code was enacted by Congress via the Tax Cuts and Jobs Act. What many taxpayers welcomed as a holiday gift, especially those in the real estate industry, has turned out to be one of those childhood “a-gift-within-a-gift” nested present gags that our…

Withum Partner on Accounting Top 100 Social Media Leaderboard

By Krysten Hambrook

Share Withum Partner on Accounting Top 100 Social Media Leaderboard Withum partner, Jim Bourke have been again ranked on Accountingweb’s annual Accounting Top 100 Social Media Leaderboard. Accountingweb announced their 2018 list and two of Withum’s partners have made the cut. Jim Bourke, CPA, Managing Director of Advisory Services, is ranked #28, moving up seven places…

Determining Basis of Property When Calculating QBI Deductions

By Krysten Hambrook

The recently-enacted §199A Qualified Business Income (QBI) deduction has created an opportunity for substantial deductions for taxpayers who meet the requirements. In order to qualify for this deduction several criteria must be met and there are limitations based upon wages and property in a business. With respect to the real estate industry, one of the…

Life Science Research and Development Tax Credits

By Krysten Hambrook

The federal Research and Development Tax Credit has received plenty of attention over the last few years given the increased benefits now available from the 2015 PATH Act. However, life sciences companies exploring federal R&D credits should be mindful that numerous benefits are also available through state-run programs. Massachusetts offers research and development tax credits,…

Case Study: Construction Company Works with Withum’s Construction and Advisory Services Groups to Improve Operational Efficiency

By Krysten Hambrook

Challenges For many organizations, selecting software to improve operational efficiency is not an easy task, especially for organizations who do not intently follow the software market but are anxious about making long-term decisions. And let’s face it, the technology landscape is changing so quickly that it can be difficult to keep up. Our client, a…

Case Study: Withum’s Team of Experts Steer Equipment Rental Company’s App Development Project Back on Track

By Krysten Hambrook

Learn how Withum helped senior management develop a product strategy and steered the app development project back on track. Download case study. About the Client Two organizations, both in the equipment rental industry, came together as a result of a recent acquisition. One company rents actual construction equipment to clients, while the other company is…