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- 04/02/2020
Barry Sziklay on the Potential Fraud in the CARES Act ReliefBarry Sziklay, a Partner at Friedman LLP and nationally recognized valuation and litigation support practitioner, recently spoke with Masood Farivar of Voice of America about the potential fraud in the CARES Act relief. “Barry Sziklay, a veteran forensic accounting expert and a Partner at Friedman LLP in New York, estimates that between...
- 04/02/2020
Alan Goldenberg on State Tax Deadlines for Quarterly Estimated PaymentsAlan Goldenberg, a Principal at Friedman LLP, recently spoke with Huffpost about state tax deadlines for quarterly estimated payments. “Freelancers, contractors and other self-employed individuals who are required to pay quarterly estimated taxes are in luck ― sort of. The April 15 deadline to pay first quarter (January 1 to March...
- 03/30/2020
Crain's Names Lindsay Gaal A Notable Woman In Talent ResourcesOn March 30, Crain’s New York Business published its “2020 Notable Women In Talent Resources” and named Lindsay Gaal, Friedman’s Chief Human Resources Officer, among its honorees. The 62 women on this list are impressive leaders selected for their accomplishments, mentoring skills and community involvement. “How people make decisions is a key...
- 03/27/2020
Carl Bagell on The Pandemic’s Profound Impact on the Way We Conduct BusinessFriedman’s Managing Partner of Southern New Jersey, Carl Bagell, was recently featured in a publication by South Jersey Biz on the pandemic’s profound impact on the way we conduct business. “Everyone in some shape or form is being affected by this crisis,” Bagell says.“We are taking the time to physically reach...
- 03/25/2020
Michael Greenwald Shares Details on COVID-19's Impact on Tax Season with Accounting TodayFriedman’s Michael Greenwald recently spoke with Accounting Today on how the coronavirus has impacted this year’s tax season. “The extension of the filing and payment date by the Treasury to July 15 is a helpful step, observed Mike Greenwald, a partner at Top 100 Firm Friedman LLP.” To read the full article, click...
- 03/25/2020
Economic Nexus and Corporate Income Taxation: The Evolving State Landscape in the U.S.Tom Corrie, a Principal at Friedman LLP, was recently featured in a publication by Thomas Reuters. “Many states now require out-of-state companies to collect and remit sales taxes on in-state purchases, and more are invoking economic nexus standards in the corporate income tax area as well.” To read the full article, click...
- 03/24/2020
Jonathan Curry-Edwards on the 4 Tax Mistakes You Need to Avoid in RetirementJonathan Curry-Edwards, a Principal at Friedman LLP and leader of the firm’s Private Client Tax Services Team, was recently featured in Simplywise.com, highlighting the most common tax mistakes made in retirement and how to avoid them. “We put together a list of four of the most painful misunderstandings, as well as...
- 03/24/2020
Bob Charron on Mileage Tax DeductionTax Practice Leader, Bob Charron, gave his expert insight on claiming mileage tax deductions in a publication by US News and World Report. “If someone has a lot of miles, they will probably be better off at the 58 cents (mileage deduction rate),” Charron says. To read the full article, click here....
- 03/11/2020
Carl Bagell Named in ROI Influencers Power List 2020We are delighted to announce that Managing Partner of Southern New Jersey, Carl Bagell was featured in the ROI Influencers Power List 2020 among a group of esteemed professionals across the accounting industry. In a numbers-driven industry, Carl leads with human interest as demonstrated by his passion for creating lifestyle solutions for...
- 03/11/2020
Friedman Celebrates International Women's DayTo commemorate International Women’s Day, the Women’s Development Network (WDN) and Friedman Gives Back (FGB) invited employees to participate in a raffle to raise money for an incredible charity, Comparte por una Vida (Share for a Life), an organization that helps alleviate malnutrition among children in Colombia. Prizes included: 1st Prize: Airpod Pro 2nd Prize:...
- 03/10/2020
Michael Greenwald Appointed to AICPA’s Tax Executive CommitteeMichael Greenwald, Friedman partner and leader of the firm’s Business Entity Tax Practice, has been appointed to serve on the American Institute of Certified Public Accountants’ Tax Executive Committee. Michael will serve for a 12-month term beginning May 2020. The Tax Executive Committee is responsible for overseeing the organization’s tax...
- 03/04/2020
Friedman Joins Client Beyond Air at Closing Bell CeremonyFriedman congratulates our client Beyond Air, Inc. ("Beyond Air") and was honored to join the company on its NASDAQ closing bell ceremony on March 2, 2020. Beyond Air is an emerging medical device and biopharmaceutical company that is developing the LungFit™† platform system, a generator and delivery system that produces nitric oxide...
- 03/03/2020
SJYPA Halo Ball 2020On February 29, several Friedman employees attended the South Jersey Young Professionals Association's (SJYPA) 11th Annual Halo Ball in support of Hopeworks. Hopeworks provides a positive, healing atmosphere encouraging young people to break the cycle of violence and poverty in Camden, New Jersey by connecting youth to professional opportunities within the local...
- 03/03/2020
Lindsay Gaal Shares HR Insights with Thomson ReutersFriedman's Lindsay Gaal, PHR and MHRM, Chief Human Resources Officer shared some valuable insights with Natalie Runyon, Director, Enterprise Content at Thomson Reuters on how companies can drive culture in talent retention for professional services firms. Catch the full feature, here....
- 02/21/2020
Friedman Launches Donation Matching ProgramOn Feb. 10, Friedman announced a new plan to match the charitable donations made by employees using funds raised internally from vending machine sales. The firm will match donations of up to $100 per charity, per quarter. Based on past vending machine sales records, the value of Friedman’s donations could...
- 02/21/2020
Friedman Partner Named Among SJ Biz's "Women to Watch" 2020On Feb. 20, SJ Biz published its list of 2020’s “Women to Watch,” recognizing Friedman partner Sviatlana Tsiaptseyeva. SJ Biz’s annual “Women to Watch” feature celebrates the hard work and dedication of leading women professionals throughout the South Jersey region. The piece features a brief professional biography of Sviatlana and...
- 02/14/2020
Friedman Climbs Philadelphia Business Journal’s List of Largest Accounting FirmsFriedman continues to climb Philadelphia Business Journal's list of the Largest Accounting Firms in the Philadelphia Region. The publication ranks firms in the Greater Philadelphia metro area based on the number of CPAs they employ. Friedman made its debut on the list in 22nd place in 2016 and, today, sits in...
- 02/13/2020
An Inside Look at the 2020 Tax Season With Bob CharronTax Practice Leader, Bob Charron, recently spoke with Accounting Today about the 2020 tax season. “In watching late-season football games, I saw an abundance of commercials for Intuit and H&R Block showing people snapping pictures of tax documents and then engaging in family activities such as going to the beach. So...
- 02/11/2020
Michael Sacco Named Latest Addition to Friedman LLP Management CommitteeFriedman, a top-40 accounting and advisory firm, has expanded its Management Committee to include Partner Michael Sacco. Michael brings more than 20 years of professional experience to Friedman’s Management Committee and represents the latest example of the firm’s continuing efforts to enlist young leaders in its long-term development. Over the course of...
- 02/10/2020
Friedman Team Participates in 2020 Cycle for Survival FundraisterOn February 9, a team of Friedman employees joined cancer survivors, patients, caregivers, Memorial Sloan Kettering doctors and researchers from across the nation to ride in the 2020 Cycle for Survival event hosted by Equinox. Cycle for Survival holds nationwide, indoor team cycling events to raise funds that are critical for...
- 02/07/2020
Capital Analytics Associates' Spotlight on Carl BagellCapital Analytics Associates recent featured Managing Director of Friedman's South Jersey Offices, Carl Bagell in their "Spotlight On:" series. Carl provided answers to questions about the firm, industry and our Southern New Jersey offices. To read the full feature, click here!...
- 02/07/2020
How to Make Filing Taxes Less TaxingFriedman Partner, Bruce Marks was recently featured in an article on how taxpayers can ease the burden of filing their taxes. Bruce specifically gives input on the SECURE Act that was signed into law in late December 2019. To read the full article, click here!...
- 02/05/2020
Friedman Featured in Exclusive Thomson Reuters Article Covering Ways That Firm Culture Maximizes Talent ROICreating a firm culture with leadership commitment, technology investment and employee behaviors is critical for maximizing your firm's ROI on talent. Learn how Friedman makes a point to integrate employees’ wellbeing into every aspect of the firm. To read the full article, click here!...
- 01/31/2020
Will New Jersey’s SALT deduction work-around help its small-business owners?Friedman's State and Local Tax Practice Leader, Tom Corrie, recently shared how New Jersey's SALT deduction may affect small businesses. “When a portion of that income is subject to tax in another state, the home state generally allows a tax credit for the tax paid to the other state (subject to...
- 01/24/2020
The 2020 Tax Season May be Just as Chaotic as Last YearFriedman's Michael Greenwald recently provided Bloomberg with insight on the upcoming tax season, saying it will likely be just as difficult as 2019's tax season for accountants and taxpayers alike. The struggle stems from a lack of guidance and explanation of changes made in the tax code overhaul that took place...
- 01/21/2020
Friedman's 2020 Partner and Principal Promotions and New HiresFriedman is thrilled to announce the arrival or promotion of 12 partners and 10 principals. Our new partners include 11 internal promotions and one new face - Corey Martens. At the principal level, we have 8 internal promotions and two new hires - Michael Bowen-Ashwin and Tim Duffy. Please join...
- 01/21/2020
Friedman's New Principals for 2020Friedman is thrilled to announce the arrival or promotion of 10 principals, with 8 internal promotions and two new hires - Michael Bowen-Ashwin and Tim Duffy. Please join us in congratulating them all! Principal Promotions Michael Bowen-Ashwin, CPA, Marlton, NJ Thomas Cantwell, CPA, East Hanover, NJ Noel Capuano, CPA, CFF, CVA, Marlton, NJ Kathy Deng, New...
- 01/21/2020
Friedman's New Partners for 2020Friedman is thrilled to announce the arrival or promotion of 12 partners. Our new partners include 11 internal promotions and one new face - Corey Martens. Please join us in congratulating them all! Partner Promotions Steve Baum, CPA, New York, NY Jaclyn Dominguez, CPA, New York, NY George Fanourakis, CPA, East Hanover, NJ Christi Gallagher,...
- 01/20/2020
Congratulations to Lukka for Achieving an Exciting MilestoneLukka, a blockchain-native technology company, received both Service Organization Control SOC 1 Type 2 and SOC 2 Type 2 attestation reports. Lukka’s SOC reports were delivered in January 2020 and cover testing periods in 2019. For more information, head here....
- 01/20/2020
Congratulations to Grayscale Bitcoin TrustGrayscale Investments recently became an SEC reporting company. To learn more about their milestone accomplishment, head here....
- 01/13/2020
Improving HR Cybersecurity"HR and IT should be teaming up and using each other's strengths to improve security, particularly on training employees," Will Mendez, Director of CyZen, told TechTarget.com. Learn how proper training can ensure cybersecurity stays top of mind, by reading the full article here....
- 01/10/2020
Views on the Practice Management Survey: Friedman LLPFive Friedman professionals shared their takes on the state of the profession with The CPA Journal including Harriet Greenberg, Fred Berk, Amish Mehta, Michael Greenwald and Raelyn Davis. They answered questions regarding the accounting industry in 2019. To read the full interview, click here....
- 01/08/2020
Why Taxpayers Are Leaving Cities Like New York and Los AngelesWith the recent changes to the SALT deduction, many residents of high-tax states are opting to move elsewhere. “It took a few months for taxpayers to realize the dollar implications – until they actually filed their tax returns this year,” Alan Goldenberg, a principal at Friedman, told FOX Business. “It quantified...
- 12/20/2019
Ryan Dudley on Corporate Effective Tax RatesCo-Practice Leader of Friedman's International Tax Group, Ryan Dudley, recently shared insight with Fortune.com on effective tax rates and how many large corporations are benefiting from below average tax rates. "As a policy matter, it is very easy to tax things that are hard to move," Dudley says. Governments find it...
- 12/19/2019
Friedman Senior Manager Named to LIBN's 40 Under 40 List for 2020On Thursday December 19, LIBN announced its list of Long Island’s outstanding business leaders age 40 or under, recognizing Friedman’s Matthew Lombardo, Senior Audit Manager, among the honorees. The recipients of LIBN’s 40 Under 40 award are distinguished professionals with a record of success in business and a proven commitment...
- 12/17/2019
Embracing the Future of AccountingFriedman's Business Entity Tax Practice Leader, Michael Greenwald, recently discussed the future of the accounting industry and how firms and taxpayers alike are embracing changes while still being able to plan confidently. "All taxpayers want a sense they can plan over a period of years and not worry those plans will...
- 12/13/2019
Year-End Tax Tips for Small Business OwnersElizabeth Cummings, a Tax Director in Friedman's Philadephia office, was recently featured in a year-end tax planning article written by the Philadelphia Inquirer. Beth specifically discussed the tax benefits associated with payroll bonuses. “If you are planning to reward yourself or your employees with year-end payroll bonuses, this will equate to tax...
- 12/10/2019
Standard vs. Itemized Deductions"Even those who don't think they can itemize should be tracking expenses to be sure they aren't missing out on a tax break," Kim Dula, Managing Partner of Friedman's Philadelphia office told US News. "What's more, those who can't itemize on an annual basis may be able to do so...
- 12/03/2019
Markowitz, Fenelon and Bank Joins Friedman LLPBolstering Friedman's resources dedicated to serving high-net-worth individuals, closely held business and family offices
- 12/02/2019
Jewish Family Service to Honor Scott Krieger with Lilly K. Gottlieb AwardOn December 18, the Jewish Family Service of Central New Jersey will host its annual gala recognizing members of the community for their dedication to, and service of, New Jersey’s Jewish citizenry. Scott Krieger will receive the organization’s Lilly K. Gottlieb award in celebration of his contributions – made over...
- 11/25/2019
Don Logan on Artificial Intelligence in the Accounting IndustryChief Information Officer, Don Logan, recently shared how Friedman LLP is using Artificial Intelligence (AI) to improve upon it's processes. "Something that took hundreds of man hours can now take minutes, in some cases," Don shares with South Jersey Biz. “At Friedman LLP we have begun utilizing AI and machine learning...
- 11/25/2019
LIBN Names Friedman LLP a 2019 “Best Place to Work”On November 25, Long Island Business News named Friedman LLP one of Long Island’s “Best Places to Work” with more than 50 employees based on a questionnaire and online survey covering compensation, benefits, paid time off, development programs and employee satisfaction. LIBN’s “Best Places to Work” program is open to...
- 11/22/2019
Amish Mehta Named to Long Island Business News' 2019 "Who's Who in Accounting and Payroll"LIBN’s 2019 edition of its special supplement “Who’s Who in Accounting and Payroll” celebrates Long Island’s leaders in the accounting field and features their perspectives on the industry. Friedman Partner Amish Mehta is included among LIBN’s 2019 honorees, and celebrated for his work on behalf of nonprofit clients. To see the complete list...
- 11/21/2019
State and Local Tax Issues are Getting More ComplexDirector of Friedman's State and Local Tax (SALT) Group, Tom Corrie, recently discussed how SALT issues are becoming more and more complex with NJBiz. Corrie pointed out that many companies that are doing business in multiple states aren't paying taxes in all of these states, which can lead to problems. “When...
- 11/21/2019
Friedman Named "Outstanding Corporation" at AFP 11th Annual Awards ProgramOn November 14th, Friedman LLP and Partners Michael Saccomanno, Carl Bagell and Lee Sheilds were honored at the AFP (Association of Fundraising Professionals) 11th Annual Awards Program and presented the "Outstanding Corporation" Award! The AFP Annual Awards Program "recognizes outstanding achievement by individual, foundation and corporate philanthropists, fundraising volunteers and fundraising professionals." Friedman was nominated for the award...
- 11/20/2019
Tax Implications of Kylie Jenner's Big Money Partnership DealFriedman's Business Entity Tax Practice Leader, Michael Greenwald, and Tax Practice Leader, Bob Charron, recently discussed the tax liabilities that reality star Kylie Jenner may face as a result of her recent business move. Jenner has entered a long-term strategic partnership with Coty Inc., who will acquire a 51 percent ownership stake in...
- 11/19/2019
Michael Greenwald on Tax Basis Capital and PartnershipsFriedman's Business Entity Tax Practice Leader, Michael Greenwald, recently discussed the reporting of tax basis capital in regards to partnerships with Tax Notes. It is often extremely difficult to calculate tax basis as it can involve finding documents that are sometimes decades old. "Smaller firms often deal with partnerships that have been...
- 11/14/2019
Mitigate the Risk of Employee FraudBy Harry Steinmetz, CPA, CFE, Partner & Nicole Chen, CPA, CFE, MBA, ManagerWith losses increasingly due to fraud, companies must begin to consider ways in which they can protect against misappropriation of assets. Based on the 2018 Report to the Nations on Occupational Fraud and Abuse published by the Association of Certified Fraud Examiners, organizations lose 5% of their annual revenues to...
- 11/11/2019
Ask the CPA - Jacqueline Caniglia McClayIn the November 2019 edition of Ask the CPA, Friedman's Jacqueline Caniglia McClay answers the question, "does my company need a capitalization policy?" "With a capitalization policy, your company's books and records will remain consistent and accurate," explains Jacqueline. Learn more about the benefits of enacting a capitalization policy in your business, here....
- 11/08/2019
Friedman Welcomes Estate and Trust Practice Leader and Further Expands Real Estate and REIT PracticeFriedman LLP is proud to announce that, effective November 4, 2019, the firm’s Estate and Trust group will be led by Partner Brandon Baker and welcomes Charles Anastasia as a Principal in the firm’s Real Estate group. Brandon brings more than 15 years of experience working with families of multi-generational wealth...
