NJBIZ Names Withum Team Members on Leaders in Finance Honorees List

By Ruby Castaneda

Withum is proud to share that NJBIZ has recognized Pat Walsh, Managing Partner and CEO, and Jim Bourke, Partner and Managing Director of Advisory Services, as part of its 2025 Leaders in Finance honorees list. Their inclusion on this prestigious list highlights their dedication and expertise to financial leadership. Pat was recognized for his commitment…

How E-Commerce Automation Supports Seamless Accounting Integration

By Ruby Castaneda

Do you find yourself juggling multiple platforms to keep your e-commerce and accounting systems in sync? You’re not alone. Many business owners face this challenge, but the solution lies in understanding how pre-configured e-commerce connectors and e-commerce automation tools can simplify your workflow. In this article, we’ll explain how these connectors work, why they matter…

IRS DeFi Broker Rule Repealed

By Allison Katz

The IRS’s “DeFi Broker Rule” was repealed by President Donald Trump through a landmark decision on April 10, 2025. The final days of the Biden administration saw the introduction of a regulation that designated decentralized finance (DeFi) platforms as brokers to enforce tax reporting rules similar to those imposed on centralized exchanges. Starting in 2027,…

Six Smart Questions for An Accurate and Timely Financial Close

By Krysten Hambrook

Are you struggling to maintain accuracy and timeliness in your monthly or quarterly financials?  These six strategic questions can help you create a framework for achieving precision and timeliness in your financial reporting.  Having asked these questions, organizations can identify the areas that can alleviate the struggle with producing financial reports each month. The discussions…

LLCs vs. S Corporations vs. C Corporations: Choosing the Right Entity for Your Business

By Allison Katz

When starting your business—especially in the food and restaurant industries—one of the most important decisions you’ll make is selecting the legal structure for your company. Each type of entity—LLC (Limited Liability Company), S Corporation, and C Corporation—comes with its own advantages and disadvantages. Limited Liability Company (LLC) An LLC is a hybrid structure that combines…

Withum’s San Diego Office Relocates to Carlsbad Business District

By Ruby Castaneda

Withum is proud to announce the grand opening of its newly relocated office in San Diego’s Carlsbad business district. Situated in the Carlsbad business district, the new office location at 5780 Fleet Street, Suite 310, enhances Withum’s ability to serve clients more efficiently in Southern California. The 7,500-square-foot space boasts a modern, fresh work environment…

The Truth in Negotiations Act (TINA): Fostering Trust in Government Contracting

By Allison Katz

The Truthful Cost or Pricing Data statute, better known as the Truth in Negotiations Act (TINA), plays a crucial role in the federal contracting environment by ensuring transparency, fairness, and accountability. As government contracts often involve significant expenditures, TINA mandates that contractors provide certified cost or pricing data, which helps prevent overpricing and ensures that…

Regulatory Thresholds for the MSO-PC Model: Part 2

By Allison Katz

The landscape of federal healthcare legislation imposes certain regulatory requirements on the joint venture commonly known as the MSO-PC model. As discussed in Part 1, parties to an MSO-PC model must first navigate state-level regulations that prohibit the corporate practice of medicine (“CPOM”). Compliance thresholds under federal law, along with their valuation implications for stakeholders,…