The New Jersey Economic Development Authority (“NJ EDA”) has announced two concurrent tax credit auctions, running from September 2, 2025, through October 3, 2025. These auctions will offer tax credits under both the NJ Innovation Evergreen Fund and the Food Desert Relief Program, providing eligible taxpayers the opportunity to bid on credits that can be…
Florida House Bill 913 (2025) introduces sweeping reforms to the Florida Statutes governing condominium and cooperative associations. These changes aim to enhance transparency, improve building safety, and ensure financial accountability. This article outlines the most critical updates, focusing on milestone inspections, structural integrity reserve studies (SIRS), and the waiver of reserves. Read ahead for a…
Learn how a national beverage leader overcame legacy system challenges with a scalable, automated SharePoint solution. Download a PDF of this case study. Executive Summary Withum helped a major California-based beverage manufacturer replace its outdated system by implementing document management with SharePoint, migrating 10,000 documents to a fully customized solution. The new document management platform…
Many taxpayers believe that their reporting obligations are complete once they file a return involving the transfer of a business interest. Some attach a valuation prepared for another purpose, and others omit the valuation entirely. However, if the IRS determines the disclosure is inadequate, the statute of limitations does not begin. The return can remain…
From CleanTech to HealthTech, no matter the size, public or private. How many of you have solicited and received funding or seed funding directly from the federal government or a pass-through entity that originated from the federal government? Did you read the fine print? What Is The Uniform Guidance? The Uniform Guidance (the “guidance”) generally…
The crypto industry is maturing, and the IRS wants investors to do the same. Starting in 2025, Form 1099-DA will require brokers to report detailed crypto sales and exchange transactions directly to the IRS. But there’s a catch: this form only reflects broker platform activity. Assets moved across wallets, traded on DeFi protocols, or held…
Withum is proud to announce that Emily Smikal, CPA, Tax Partner, earned mention as one of the Houston Business Journal’s 40 Under 40 Class of 2025 Honorees. Emily was recognized by the Houston Business Journal for her leadership and commitment to seeing others succeed. She brings over 15 years of experience in public accounting to…
Are you a small business owner looking to maximize your tax savings? The Section 199A deduction, also known as the Qualified Business Income (QBI) deduction, offers a fantastic opportunity to reduce your taxable income. One powerful strategy to enhance this deduction is by aggregating trades or businesses. Let’s dive into how this works and why…
How HubSpot CRM Features Help Middle Market Companies Turn Data Into Strategy Many middle-market companies in manufacturing, distribution, and logistics have invested in HubSpot CRM, but few are truly leveraging its full potential. The challenge isn’t the amount of data available. Instead, it’s the gap between having information and knowing how to apply it to…