A decentralized autonomous organization (DAO) is a user-governed community that operates on blockchain technology. It’s a place where everyone is in charge and decisions are made together, like in a co-op, rather than by a boss. A DAO typically has a shared wallet (think of it as a group bank account or treasury) and people…
QSBS owners are exempt from capital gains up to a point. This article will discuss how to tell if your shares qualify for QSBS status, what your obligations are as a QSBS owner to achieve those benefits, and how QSBS can be a powerful estate planning tool that you can use to maximize the tax…
The Massachusetts Live Theater Tax Credit Program was created to strengthen the state’s performing arts sector and boost local economic activity. By offering financial incentives to eligible theater companies, the program encourages productions to take place in Massachusetts, supporting jobs, tourism, and cultural enrichment. This initiative reflects the state’s commitment to fostering creativity while driving…
AI in the healthcare industry is no longer a futuristic idea. It is already reshaping how mid-market organizations work, especially behind the scenes. What many don’t realize is that the most immediate benefits of AI in healthcare are not found in clinical decision-making, but in the back office: billing, HR, compliance and scheduling, where inefficiency…
Withum is excited to announce that its Orange County office in Irvine, CA, is relocating to a new, larger space just down the street. The new office is located at 200 Spectrum Center Drive, Suite 1700, and is scheduled to open in December 2025. The new office conveniently remains in the same central business and…
Many modern organizations run Microsoft Copilot pilots to validate whether the $30 per user per month subscription delivers enough value. The success of that pilot often determines how quickly and broadly the company moves forward with full license adoption.Generative AI isn’t like most technologies; its intelligence can feel uneven. Beyond factors like prompt engineering and…
The Research & Development (R&D) Tax Credit is a tax incentive that can be applied as a dollar-for-dollar offset against a company’s tax liability if the company engages in activities related to the design and development of a product, process, formula, invention, software or technique within the United States. Additionally, start-up businesses with less than…
How targeted tax review and technical expertise delivered over $720,000 in refunds and credits for a pre-revenue life sciences company. Executive Summary The client engaged Withum to uncover and resolve significant tax compliance issues, including misapplied R&D capitalization and overlooked Foreign Derived Intangible Income (FDII) deductions. Through Withum’s deep technical expertise and proactive approach, the…
1099 filing season is approaching, and now is the time to review your vendor information to ensure everything is in order come January. Getting ahead on preparing 1099 forms will save you time and reduce stress as the deadlines approach. This guide explains key requirements for 2026 filing, including updates, e-filing rules and important deadlines…
Withum is proud to share that Forbes has named two partners to its 2025 Top 200 CPAs in America List. Russell Goldberg is the Partner-in-Charge of the Firm’s Orlando and Boca Raton offices. Forbes recognized him for his leadership positions and community initiatives within the Firm and the Sunshine State. Russell has more than 35 years of experience…