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Managing Director Sherise Ritter Is Honored By RWJ Hamilton Foundation

Congratulations to Sherise D. Ritter, CPA, CGFM, CGMA, PSA, and her husband, Dr. George Rabito, co-recipients of the Annual Community Award at the Robert Wood Johnson University Hospital Hamilton Foundation’s Autumn Affair fundraising gala on November 8, 2019.  A managing director and co-chair of the Nonprofit & Human Services Group, Sherry is a tireless advocate…

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Do You Have a Plan?

Whether you are a business owner or an employee, now is a good time to begin thinking about tax-efficient planning to maximize your after-tax income. Year-end planning for 2019 takes place against the backdrop of recent major changes in the rules for individuals and businesses.  Although the tax law changes were intended to simplify the…

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SBA Awards $20 Million Contract to Mercadien JV for Risk Mgmt. of 504 Loans

The Mercadien Group is pleased to announce that its affiliate company, Kingstonville-Mercadien JV, LLC, has been awarded a five-year contract with the U.S. Small Business Administration (SBA) to provide risk-based review and risk oversight support services for the Certified Development Company (CDC)/504 Loan Program, administered through the Offices of Capital Access and Credit Risk Management.…

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The Near-Term for Nonprofits

I am happy to report that once again, Kyle, Lovepreet and I visited Washington, D.C. to attend the American Institute of CPA’s Annual Not-for-Profit Conference, held each summer.  While there, we packed in a lot of continuing education, discussions with peers, time with clients, and samples of new ethnic foods.  The three of us participated…

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The Risk of Medicaid Recovery Audits

In the health and human services sector, the years-long transition in the provider claims payment system – from contracted cost to fee-for-service reimbursement – is nearly complete.  One question that provider agencies now directly billing Medicaid are asking is: “When will we start seeing recovery audits?”  While recovery audits within waivered services in the State…

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Mercadien Announces Executive Promotions; Names Ms. Raji Sathappan A Partner

The Mercadien Group is pleased to announce several promotions within the firm’s corporate leadership team. Ms. Raji Sathappan, CPA, MBA, CRCM, CAMS, a member of the Financial Institutions Services Group, is promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs (the official titles of firm partners). Raji has been employed…

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Mercadien’s Ken Kamen Appears on Nightly Business Report

Ken Kamen, president of Mercadien Asset Management, appeared on Nightly Business Report produced by CNBC on Friday, July 19th. Should investors be aggressive or patient with the stock market in today’s economy? NBR debates this topic with Ken Kamen, President at Mercadien Asset Management and Phil Blancato, CEO at Ladenburg Thalmann Asset Management. View the…

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Chris Mangano Featured Guest on RVNTV’s Rainmakers Roundup

Chris Mangano, Vice President – Sales & Marketing, Mercadien Technologies was the featured guest on the June 19th episode of RVNTV’s Rainmakers Roundup with Mark Iorio. Chris spoke about cyber threats and how to safeguard against them by having the appropriate cybersecurity protocols in place. Mercadien Technologies, an affiliate of the The Mercadien Group, provides…

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Whether You Sell Your Business or Not, the Planning is the Same

There are many things for you to consider as you think about the future of your business ownership: When is the right time to move on? How much money will I need? How do I even sell this business? These questions dovetail into an important decision you’ll try to make early in the process of…

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A Tax Deduction for Charitable Giving for NJ?

New Jersey taxpayers may see a deduction for charitable giving for 2019 on the NJ-1040!  On March 25, 2019, the Senate voted in favor of Bill No. S2179 that would allow a charitable deduction for individual taxpayers for contributions made to qualified New Jersey-based charitable organizations.  Creating this tax write-off for New Jersey residents could…

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