Withum expands Midwest presence and strengthens franchise practice and services. Withum is excited to announce that on May 1, 2025, CTM CPAs & Business Advisors, a public accounting, tax and business consulting firm, headquartered in Lincolnshire, IL, joined its practice with Withum. CTM’s four partners and approximately 50 team members will remain at their current…
Information overload is a challenge for everyone. I’m always excited to check out features that will make my life easier and keep things organized. Microsoft Teams channels have long been a critical way to stay productive, and now Microsoft Teams has made one of the biggest changes to the Teams chat UI in recent memory:…
Artificial Intelligence (AI) continues to evolve, becoming integral to business strategies and operations across various industries. Finance teams especially are seeing fast-paced changes, driven by the integration of AI with human insight. According to a Gartner study, researchers found that 39% of finance organizations are currently using AI/machine learning (ML), with an additional 29% planning…
Withum furthers UCF accounting students’ ambitions to become CPAs with scholarship grants. Dedicated to the success of the Central Florida business and higher education communities, Withum continues to be a financial supporter and platinum sponsor of the Kenneth G. Dixon School of Accounting Academic Excellence Awards Scholarship Program at the University of Central Florida (UCF)….
College football has undergone a seismic shift in the past three years, driven by the introduction of the transfer portal and Name, Image, and Likeness policies. NIL has transformed the sport into a more transactional landscape, allowing players to monetize their personal brands. The transfer portal has empowered athletes to switch schools without losing eligibility,…
The traditional entertainment industry of studio-based film, television, and music greatly shaped our society and economy over the last century. However, in just the past decade, social media has disrupted that studio-based tradition and shaped a new sector of the entertainment industry—influencing. This shift from studios to individuals has transformed the industry, allowing people living…
Choosing the right entity structure for your law firm is a critical decision that can impact your liability, taxation, and overall business efficiency. This article explores various law firm structures and provides strategies for optimizing them to ensure your firm operates smoothly and profitably. Common Law Firm Structures Sole Proprietorship A sole proprietorship is the…
Health plan sponsors must adopt best practices to proactively address potential risks and uphold their fiduciary duties. Several steps can be taken to avoid pitfalls and implement oversight. Fiduciary oversight is not just a regulatory requirement; it’s a fundamental responsibility to safeguard the interests of plan participants. Recent Department of Labor (DOL) investigations demonstrate the…
Negative inventory is a recurring challenge for many e-commerce businesses, often leading to fulfillment delays, financial inaccuracies and poor customer experiences. It occurs when an inventory system shows stock levels below zero, indicating discrepancies between what’s recorded and what’s actually available. While it may seem like a minor issue, negative inventory can create widespread operational…
Withum is proud to announce that Forbes has named six of the Firm’s partners to its inaugural Best-In-State CPAs list. This list honors CPAs who have demonstrated exceptional excellence in the accounting profession. The Firm leaders acknowledged on this inaugural list underpin Withum’s position as a leading national advisory, tax and audit firm. With roots…