New Jersey continues to strengthen its innovation ecosystem with incentives, such as the Angel Investor Tax Credit, designed to attract early-stage capital for emerging technology businesses. For digital health companies—where innovation and R&D drive growth—this program offers a compelling advantage for both investors and entrepreneurs. What Is the NJ Angel Investor Tax Credit? The credit…
Tax-exempt organizations have new guidance to follow as they fall under increased scrutiny by lawmakers. On September 30, 2025, the Internal Revenue Service (IRS) and U.S. Treasury Department released the 2025–2026 Priority Guidance Plan, outlining projects aimed at clarifying regulations and tightening compliance in areas such as executive compensation, donor-advised funds, digital assets and retirement…
Artificial intelligence is quickly becoming a foundational part of ERP. The newest evolution of Oracle NetSuite, called NetSuite Next, accelerates that shift and expands what’s now possible with AI in NetSuite. NetSuite Next represents a major step forward, shifting NetSuite from a system that stores information to one that actively supports informed decisions. Designed for…
The contract schedule is the heart and soul of any construction company. The calculations contained within the schedule can determine bonding capacity, dictate the ability to obtain financing, and even impact whether a company will be selected for a job. This article seeks to explore a few of the most important elements of the contract…
Microsoft has once again updated the way Teams is licensed within Microsoft 365 (M365) and Office 365 (O365), effective November 1, 2025. This Microsoft Teams licensing change follows evolving regulatory requirements, specifically the recent European antitrust probe, and marks a return to a more traditional packaging model for enterprise customers worldwide. Let’s go back to…
In the rush to deliver on a project quickly, it’s easy to overlook the long-term consequences of cutting corners. When teams prioritize the fast delivery of a project over quality, they risk overlooking future complications that arise from settling for a simpler approach instead of one that requires more time. This would be referred to…
For years, the hospitality industry has focused heavily on top-line metrics such as Average Daily Rate (ADR), Occupancy Percentage, and Revenue Per Available Room (RevPAR) to gauge hotel performance. While these metrics are crucial for understanding revenue generation, they do not paint the complete picture of a hotel’s profitability. True profitability encompasses a broader spectrum…
Qualified employee benefit plans, under the Employee Retirement Income Security Act of 1974 (ERISA), must comply with certain annual non-discrimination testing. The most common tests include the ADP/ACP, 402(g) limit, 415 annual additions, coverage, and top-heavy tests. Following are key factors in calculating and understanding these tests. ADP/ACP Test The Average Deferral Percentage (ADP) test…
Withum is proud to share that the San Diego Business Journal (SDBJ) has named Andrew Hills, Partner, and Dan Baillie, Principal, on their 500 Most Influential People in San Diego list for 2025. Andrew Hills, CPA, is the Partner-in-Charge of Withum’s San Diego office, with over 20 years of expertise in corporate tax compliance and…