New Jersey Urban Enterprise Zone Program Faces Expiring Provisions December 31, 2016 In 1983 the State of New Jersey enacted the Urban Enterprise Zone (UEZ) program to help revitalize urban communities throughout NJ by offering incentives to companies doing business in those areas. Those benefits not only apply to businesses headquartered in those zones, but…
Has the Sun Set on Co-working Space? With the closure of Sunshine Suites, one of the first shared workspace facilities in New York City, one may wonder if the co-working party is over and others will follow suit. This author doesn’t think so, and neither do the remaining key players in the market. WeWork just…
Practice Reminder: NJ Sales Tax Rate Changing January 1, 2017 For the first time in over a decade, New Jersey is changing the sales tax rate. Effective January 1, 2017 the rate is decreasing from the current sales tax rate of 7% to 6.875%. In 2018 the sales tax rate will further decrease to 6.625%….
What is an Exit Plan? “We’ve Gotta Get Out Of This Place” – classic 1965 song by The Animals I have come to expect the “exit” question from my mature business owners but I am hearing it more from emerging businesses these days. At times prompted by reaching inflection points, changes in key personnel or…
UBTI is defined as “unrelated business taxable income.” It is the gross income derived by any organization from any unrelated trade or business regularly carried on by it, less the allowable deductions which are directly connected with the carrying on of such trade or business. This definition can be broken down into three components: (1)…
Share It’s the most wonderful time of the year! Time when the company is thinking about celebrating a good year and sharing good cheer with the staff and clients. What a perfect way to say thank you to the folks that work for you and the customers you service. Eat, drink and be merry! Before…
The Finance Dilemma View PDF» Financial services firms are intently focused on the challenges of competing in fast-changing, competitive markets. At these firms, finance executives and managers are expected to play a pivotal role by supplying visibility into financial performance and helping to shape strategic direction. Yet many finance executives are bogged down by inefficient…
Looking Ahead to the 2017 Tax Filing Season Now that 2016 Election is past us, there will undoubtedly be many changes on the landscape. There are several things that you need to know now, and several things you can do now in anticipation of the 2017 tax filing season. First and foremost, there are several…
Show Me The Money – The Question Early Stage Fund Seekers Are Afraid to Ask “Fundraising is the gentle art of teaching the joy of giving.” Quote from Henry A. Rosso – fund raising master Over a long Holiday weekend, I had the chance to read through and comment on a handful of pitch decks….
Share Running Towards a Goal Believe it or not, Christina Lazaro is the first of our blog contributors who has been participating in Withum 300 since it was created in 2014. And while joining the group didn’t get her to start running, it has changed her attitude towards running and pushed her towards accomplishing previously…