Private Companies

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…

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Opportunity Zones

On April 17, 2019, the Internal Revenue Service issued proposed regulations and further guidance related to Qualified Opportunity Zone (QOZ) investments. The Tax Cuts and Jobs Act signed into law…

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Lessons to Lessen Business Divorce Disputes

Whether between partners in life or partners in business, disagreements are inevitable.  As with those in life, some business relationships become irreparable, ultimately leading to a business divorce.  This is…

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Mercadien Sponsors Session at 2018 NJBIA Women Business Leaders Forum

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,…

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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…

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Succession Planning: 3 Emotional and Logical Roadblocks to Overcome

Succession planning is a process that every business owner thinks about, however, identifying and developing new leaders is easier said than done. According to Business Enterprise Institute’s 2016 Business Owner…

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Unintended Consequences of Changes to Withholding Rates Under New Tax Law

With the passage of the new tax law on December 22, 2017, there may be some unintended consequences of which everyone should be aware.  One change directly affected the federal…

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State of PA Changes 1099-MISC Withholding Tax Requirements for 2018

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…

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Using Social Media as an Investigative Tool

Traditionally, social media was known as a web-based platform that allowed users to create, share or exchange information through virtual communities and networks. Today, the number and types of social…

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Are You in Control of Your Company? Look Internally.

Overview of Internal Controls and Their Importance We live in a fast-paced and rapidly-changing business environment focused on innovation and efficiency.  With new systems, means of access, and growth, it…

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