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Withum Champions Veteran Initiatives and Community Impact

Wreaths Across America For more than five years, Withum has been an active participant in the Wreaths Across America initiative, which is championed by the Firm’s Veterans Team Member Resource Group (TMRG) and the Not-for-Profit Services Team. Wreaths Across America (WAA), is a national nonprofit dedicated to remembering fallen service members, honoring those who serve…

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Tax Deductions for Creatives: Guidelines for Deductible Expenses

Performers and creators face unique financial and tax considerations due to the dynamic nature of their professions. While many expenditures seem essential to maintaining a successful career, not all qualify as deductible business expenses under U.S. tax law. The IRS scrutinizes deductions claimed by those in creative professions, and court decisions have further defined the…

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Market Volatility Is a Test — Is Your Nonprofit’s Investment Governance Built to Withstand It?

Recent market volatility has increased pressure on nonprofit organizations to actively manage investment portfolios. For entities with endowments or reserves, these assets are critical to sustaining operations and supporting long-term mission impact. In this environment, two priorities stand out: consistent portfolio monitoring and a well-defined Investment Policy Statement (IPS), together forming the foundation of effective…

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The AICPA’s 2025 Update Isn’t a Rule Change — It’s a Reality Check for Valuations

For years, private company valuations operated in a world that rewarded precision in theory more than alignment with reality. Models were refined, assumptions debated, and outputs carefully constructed — often with limited visibility into how the market itself was actually behaving. The American Institute of Certified Public Accountants’ 2025 update doesn’t introduce sweeping new rules….

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From Arrival to Farewell: Crafting a Memorable Hotel Stay

A great hotel stay is not just about clean rooms or friendly service. Guests today want to feel welcome and cared for. Whether they travel for work or fun, they want the stay to feel easy and personal. The best hotels make guests feel comfortable from the moment they arrive until the moment they leave….

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