Nonprofits, Tax Changes & The SECURE Act
On December 20, 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the broadest piece of retirement legislation passed in 13 years. It went into effect…
Knowledge and Insights: Newsletters
Nonprofit Grants & Contracts – It’s Time to Implement FASB ASU 2018-08
In June 2018, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Clarifying the Scope of the Accounting Guidance for Contributions Received and Contributions Made. The update…
3 Ways to Position Yourself & Your Family for Future Success
Many business owners support their families through their businesses. If something were to happen to you, such as a sudden death or permanent incapacitation, it may affect both your business…
Tax Watch: How the IRS W-4 Changes Will Affect Employees & Employers
The IRS has completely changed income tax withholding with the release of a new W-4 form for 2020. There are differing opinions on whether this is a good thing or…
Cryptocurrency or Cryptonite?
In 2014, the Internal Revenue Service (IRS) issued limited guidance on cryptocurrency, which led to more questions than answers. As the use of digital currency has become more widespread in…
The SECURE Act
On December 20, 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which went into effect on January 1, 2020. This is the broadest piece of…
The Emergence of 5G Wireless Communications: Why You Should Be Concerned
This article was featured in The Legal Intelligencer and on Law.com. Devices and Data in Leaps and Bounds The 1980s witnessed the world’s entry into data movement, as defined by…
Protecting Loans and Collateral: A Forensic Refresher
Lenders, usually through their legal counsel and/or compliance and risk departments, retain forensic accountants to uncover hidden assets when faced with a borrower’s default and failure to comply with stipulated…
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…
Alert for All Employers! Be Aware of Substantial Changes in NJ Employment Laws!
The State of New Jersey has made numerous changes to the employment laws in the last two years. Businesses large and small, as well as nonprofit organizations and government entities…
