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I Am In This Business, But I Have To Get Out

I Am In This Business, But I Have To Get Out Partial quote from Young Frankenstein by Mel Brooks Dr. Frederick Frankenstein: . . . No matter what you hear in there. No matter how cruelly I beg you… Do not open this door or you will undo everything I have worked for. Inga: Yes,...
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3 Strategies for Preventing Procurement Fraud

As recently profiled on our Financial Statements blog, research by Pricewaterhouse Coopers notes that a staggering number – 30% – of US organizations report incidences of procurement fraud. The research defines procurement fraud as “illegal conduct by which the offender gains an advantage, avoids an obligation, or causes damage to his organization.” The recent trial...
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Who Do I Leave My Business To?

Who Do I Leave My Business To? Quote: Don Corleone: Well, Michael is now head of the family and if he gives his permission then you have my blessing.  Mario Puzo – The Godfather This question is perhaps the most important decision for any parent who has owned a business.  Though ownership and leadership are...
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Making Connections in Europe

Making Connections in Europe GUEST BLOGGER Corney Versteden, LLM Senior Tax Partner HLB Van Daal & Partners NV in Waalwijk, The Netherlands   One thing I learned over the years from being an international tax advisor is that the profession it is not just built on technical knowledge. Practical experience and knowing who to contact...
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Announcing “Withum on Wall Street”

Announcing “Withum on Wall Street” As the breadth and scope of the financial services group at WithumSmith+Brown has experienced explosive growth over the recent past to match the interests and concerns of our growing client base we are making some changes. We are adding new people, new expertise and … a new blog name. The...
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Draft Instructions for Form 1042-S Released by IRS (Updated for FATCA)

Draft Instructions for Form 1042-S Released by IRS (Updated for FATCA) On November 4, 2013, the IRS released draft instructions for Form 1042-S (Foreign Person’s U.S. Source Income Subject to Withholding). The main change to Form 1042-S is to modify the form for the reporting of payments and amounts withheld under the Foreign Account Tax...
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Startup Entrepreneurs – 10 Thinking Points

Startup Entrepreneurs – 10 Thinking Points “The answer is 10.” Ted Sable, Ernst & Young Growing up in Ernst and Young, we were afforded some of the most unique training resources in the world. One such resource was Ted Sable; an EY instructor who taught us soft skills around a subject called management development. Now,...
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Giving Back: Out of Africa, Part 2

Giving Back: Out of Africa, Part 2 Kathy Sikora Accountant WithumSmith+Brown Princeton, NJ   After just participating in my very first Withum Week of Caring, I am reminded of the wonderful experience that I had in Africa this past July. Some of you might remember reading a previous post by Doris Martinez that shared her...
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