Skip to content

Outsourced Accounting, CFO & Audit Services

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 in New Jersey will need to adapt to meet the new requirements and reduce their exposure to enforcement actions and lawsuits. The following list of…

Read More

Moving from “Great, an Audit” to a Great Audit

“Oh great, an audit!” When the word audit is seen or heard by most people working in any type of organization, it usually invokes a negative response.  They view the term as an unpleasant event that may be disruptive or unsettling to their normal course of business.  To add to the displeasure, audits generally are…

Read More

Internal Audit: When Outsourcing Should Be Considered

Expansion and growth present both excitement and challenges for a company. During such periods, new systems are introduced, processes are redesigned and refined, and employees are trained in the changes. Management may find that what worked before may not be effective or efficient anymore. These changes lead to an increased demand on the company’s internal…

Read More

Are You Ready… For The New Nonprofit ASUs?

In our August 2018 newsletter, we highlighted the four new accounting standards updates (ASU) that will impact nonprofits in the next few years. ASU 2016-14, Presentation of Financial Statements of Not-for-Profit (NFP) Entities, will be effective for years ending December 31, 2018 and June 30, 2019. So now the question is, are you ready? There…

Read More

NJ’s New Paid Sick Leave Act – A Summary

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…

Read More

Employer 401(K) Plan Remittances – How Much Time & Risk Do You Have?

When an employer sponsors a defined contribution retirement plan, such as a 401(k), it is providing employees with a great opportunity to save for retirement.  In most cases, employees are allowed to defer a certain amount or percentage of their pay from each paycheck to contribute to the retirement plan. Although withholding and remittance of…

Read More

Is Your Payroll Service Provider Really Remitting Your Taxes?

At a recent client board meeting I was asked how an organization would know if their payroll service provider was remitting the payroll taxes on their behalf. In light of recent press coverage about a municipality and other organizations whose payroll service providers did not remit the payroll taxes, it got me thinking about how…

Read More

Scroll To Top