Share It’s a familiar scenario. On a day-to-day basis, executives of contracting firms do what they need to do to keep the business running. Whether it’s purchasing a new piece of equipment to replace an outdated one, or hiring extra help to handle a brand new project, they tend to focus on “taking care of…
US Open 2018 Attendee Information We are looking forward to our U.S. Open 2018 event! Read on for important U.S. Open attendee information and logistics. Event Check-In The Event begins at 4:00 pm. When you arrive at the Mountain Ridge Country Club, please follow signs for valet. When you walk in, please stop by Withum’s…
As a result of The Tax Cuts and Jobs Act (“TCJA”), there have been major changes to many of the tax laws that we have come to utilize over the past few decades. An area that is greatly impacted by the TCJA is the area of meals and entertainment deduction. Under former Internal Revenue Code…
Groundbreaking changes in the healthcare industry have increased the scope and complexity of a healthcare organization’s risks. Healthcare risk areas appear to be around every corner, from legislation and regulatory developments to operational and financial concerns. It is becoming more imperative that an organization go through a robust comprehensive enterprise-wide internal audit and risk assessment…
Share In the first of a four-part video series, Tom Angell, practice leader of Withum’s Financial Services Group, advises on initial steps emerging managers should take when starting a fund. Tom discusses what to think about before setting up the fund, who should the first hires be, when is the right time to hire an…
Withum’s Healthcare Services Group Welcomes Kathy Ruggieri as a Principal New Jersey Resident’s Expertise Spans Finance and Technology Strategies Whippany, N.J., May 16, 2018 – Kathy Ruggieri has joined WithumSmith+Brown (Withum), PC, as a principal and team member in the certified public accounting and advisory firm’s Healthcare Services Group. The New Jersey resident joins a…
Many governing documents of timeshare associations define timeshare termination clauses. Some states also have laws that outline how legacy and/or potentially failing resorts can be wound down. Florida laws, for instance, give specific guidance as to how to terminate a timeshare plan even if the governing documents of the association do not, and what happens…
Share Have you recently formed a New Jersey-domiciled captive insurance company? If so, you should be aware of key upcoming filing deadlines in the state. Captive Insurance Deadlines Due on or before June 30th Audited financial statements Report of evaluation of internal controls Letter of accountant’s qualifications Statement of actuarial opinion Audited Financial Statements All…
Cash Flow Drought: How to Identify and Deal With It Have you ever heard the term “cash is king”? This refers to the importance of cash flow in the overall fiscal health of a business. For small & solo law firms, cash flow is the lifeblood of running the firm. Positive cash flow allows you…
Share The Internal Revenue Service (“IRS”) Tax Exempt & Government Entities Division (“TE/GE”) released its Fiscal Year 2017 Accomplishments Report (“Accomplishments Report”) on March 19, 2018. The IRS Accomplishments Report provides a summary of TE/GE’s past year’s accomplishments with respect to the TE/GE fiscal year (“FY”) 2017 Work Plan (“Work Plan”). FY 2017 Work Plan…