Knowledge and Insights: News and Press Releases

The Office of the Controller of the City of Philadelphia, PA announced that it received and responded to the results of its first independent, external accountant examination in more than twenty years.  It was conducted by the Compliance Oversight and Government Services Groups of Mercadien, P.C., CPAs. Read the Controller’s Office press release announcing the…

The Mercadien Group is pleased to announce several executive promotions within the firm.  Mr. Digesh Patel, CPA, MBA, RMA, CGMA, PSA, a director in the firm’s Government Services Group, has been promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs.  A resident of Bordentown Township, NJ, Mr. Patel has been…

The New Jersey Business & Industry Association (NJBIA) Annual Women Business Leaders Forum was held Friday, September 14, 2018, at the Newark Liberty Airport Marriott.  Under the theme, Empowering Together, 400+ attendees heard from featured speakers, including make-up magnate Bobbi Brown as keynote, and panelists at five different educational breakout sessions.  Mercadien sponsored the session,…

The New Jersey State Legislature passed a new Paid Sick Leave Act, that takes effect on Monday, October 29, 2018. Below we’ve summarized the highlights for you to ensure your business is in compliance with the new law. Who is affected? Anyone who employs another individual  When does the Act go into effect? Monday, October…

The State of Pennsylvania issued changes to 1099-MISC tax withholding requirements for individuals and businesses for 2018. Details can be found on this resource document provided by the Pennsylvania Department of Revenue (A – link to doc), which contains links to additional information and State websites. Essentially, if a Pennsylvania company is paying a non-resident…

The FMS NY/NJ Chapter presented a Spring Half-Day CFO Conference jointly sponsored with the New Jersey Bankers Association (“NJBA”). The event was held at the Stony Hill Inn in Hackensack, NJ on Wednesday April 18, 2018. The conference featured leading industry speakers who presented a series of timely sessions developed for community bank financial institution…

Ken Kamen, president of Mercadien Asset Management, says small caps are a bright light for investors because they have less international exposure, and will start to reap the benefits of US tax cuts. Watch the news video clip here: https://www.cnbc.com/video/2018/06/20/kamen-investors-that-respond-to-daily-headlines-could-be-at-a-disadvantage.html or visit www.mercadienassetmanagement.com  

Exerpt from ROI-NJ News – The fourth annual Money$peak competition — a personal finance competition for high school students to create educational presentations on personal finance topics — took place recently at Rider University’s Bart Luedeke Center. The competition was presented by the Mercadien Foundation and Rider University, and supported by NJM Insurance Group, Fulton Bank and the Investors Foundation. Participating student teams included Bordentown…

Exerpt from Accounting Today – Princeton, N.J.-based firm the Mercadien Group and its Mercadien Foundation hosted the fourth annual Money$peak Competition at Rider University last Wednesday at Rider’s Bart Luedeke Center. Participating student teams were asked to present brief (three to five minute) presentations on topics from their required high school personal finance course and present…

Princeton, NJ – The fourth annual Money$peak Competition, presented by the Mercadien Foundation and Rider University, kicked off to a crowd of cheering fans at 6pm on Wednesday, May 23, 2018 at Rider’s Bart Luedeke Center.  The competition expanded notably this year, with participating student teams from Bordentown Regional, Colts Neck, Hopewell Valley, Jackson Liberty,…