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- 10/07/2019
Further Effects of the Cap on SALT DeductionsDirector of Friedman's State and Local Tax Group, Tom Corrie, recently discussed the wide-ranging effects that the cap on state and local tax deductions is having on high-tax states. In a previous interview with the publication, Tom shared how the ruling was driving many high-tax residents out into more affordable...
- 10/04/2019
South Jersey Biz with Justin Van Fleet - How can an employee make a good impression?Friedman's Justin Van Fleet was recently featured in NJBiz's Executive Q+A where he was asked "how can an employee make a good impression?" "Listening skills and showing respect to the people already at the table is probably the most important step to making a good impression. Once you appreciate all the hard...
- 10/04/2019
Fashion Manuscript: People-Centric. Forward-Thinking. Award-Winning.New lease, new location - same vibrant Friedman culture. Mann Publication’s Fashion Manuscript featured Friedman in an exclusive article highlighting our unique fashion and jewelry practice group, showcasing our award-winning firm culture and new headquarters located in Downtown Manhattan. Check out the full spread here!...
- 10/03/2019
Friedman Principal Named to CPA Practice Advisor's 40 Under 40On September 23, CPA Practice Advisor published the 2019 edition of its 40 Under 40 list, featuring Friedman Principal Steven Baum. CPA Practice Advisor’s annual list celebrates the “top practicing public accountants, educators and thought leaders who are leading their profession” and determines its honorees based on their innovation, leadership...
- 09/26/2019
Ask the CPA - Colleen CrandallIn September's edition of Ask the CPA, Colleen Crandall shares what you should expect in a 401(k) plan audit. Click here, to access Colleen's step-by-step guide!...
- 09/24/2019
Two Friedman Professionals Recognized as Notable Women in Accounting and ConsultingOn September 23, Crain’s New York Business published its 2019 Notable Women in Accounting and Consulting, featuring Friedman's Muriel Cheng and Jaclyn Dominguez among its honorees. The Crain’s program celebrates recipients on the basis of “Career accomplishments… mentorship of others and their involvement in nonprofits and community organizations.” To see the complete list...
- 09/16/2019
Alan Goldenberg on Moving to PhiladelphiaFriedman's Alan Goldenberg recently discussed many tax payers' desire to leave high-tax states such as New York and New Jersey with Northeast Pennsylvania Business Journal. "If you live in New York or New Jersey, your tax rate is just under nine percent. If you live in New York City, it's more...
- 09/16/2019
How Uber Could Save BillionsCo-Practice Leader of Friedman's International Tax Group, Ryan Dudley, recently sat with Fortune to discuss the possibly massive effects a small move by Uber may have on their future tax savings. By transferring intellectual property such as patents, copyrights and trademarks, Uber could stand to save billions. Click here to learn more and to...
- 09/11/2019
Co-Managing Partner Fred Berk to be Honored at Mann Charitable Foundation Annual Golf OutingFriedman's Co-Managing Partner, Fred Berk, will be honored at the 2019 Mann Charitable Foundation (MCF) Golf Outing! The MCF was founded in memory of Marion and Irving Mann, and is dedicated to funding research for geriatric diseases and ultimately finding a cure for Alzheimer's disease. To learn more about the organization, click...
- 09/06/2019
Congratulations to Friedman's Summer Promotees and New HiresFriedman is proud to announce 131 promotions across the firm's locations and departments. Congratulations to all of our employees taking the next step on their career journey. We are also delighted to announce the arrival of two new directors and three promotions. Reflective of the depth and breadth of Friedman's services,...
- 08/29/2019
Friedman Named a Top Ten Fastest Growing Firm for Organic GrowthInside Public Accounting announced its “IPA Fastest-Growing Firms” for 2019, naming Friedman among the top ten fastest-growing firms for organic growth, and the only top ten firm for organic growth based in New York. Inside Public Accounting defines organic growth based on net revenue gains that are not attributable to a...
- 08/28/2019
Tom Corrie Discusses What Happens When You Live in More Than One StateDirector of Friedman's State and Local Tax (SALT) group, Tom Corrie sat down with Forbes to discuss multi-state residency, as well as the intricacies and consequences that come with living in more than one state. Read the full article to learn more about the tricky, and sometimes subjective topic of domicile. View...
- 08/26/2019
Friedman Featured in South Jersey Biz's 2019 Best of BizFriedman is proud to be featured in South Jersey Biz’s 2019 Best of Biz issue as “Editor’s Choice” in the auditing category. South Jersey Biz’s Best of Biz celebrates regional businesses that have proven to “excel in their respective fields” and are among “the most reliable.” In the 2018 edition...
- 08/22/2019
Diane Gitto on Bringing Jobs to New JerseyFriedman's Diane Gitto is featured in the "Focus on...Economic Development" section of ROI-NJ's August Newsletter, in which she shares how Friedman assisted a client in bringing over 80 jobs to Vineland, NJ. "We presented a tax incentive credit idea as well as incentives offered through the Center for Workforce Development that helped...
- 08/20/2019
RCI Names Friedman LLP as AuditorWe are pleased to announce that effective August 12, 2019 Friedman LLP was appointed to be RCI Hospitality Holdings, Inc.’s independent registered public accounting firm for the fiscal year ending September 30, 2019. "Friedman is one of the leading auditing firms for publicly traded companies," said Yura Barabash, a member of...
- 08/20/2019
Ask the CPA - Susanne Spinell ShusterIn the August edition of Ask the CPA Friedman's Susanne Spinell Shuster, Director-in-Charge of Outsourced Accounting Services, shares what everyone should know about Minority Owned Businesses. Susanne outlines the requirements for filing as a minority business and the benefits of doing so. To see the full Q&A, click here....
- 08/06/2019
Two Friedman Professionals Named in NJBIZ's 40 Under 40Friedman LLP is delighted to announce that two of our professionals have been named in NJBIZ's 40 Under 40 Awards! Robert Graham, Friedman's Digital Currency Practice Leader and Sviatlana Tsiaptseyeva, a Principal in the firm's Public Company Services Group, are the two young professionals being honored. This annual award presented by NJBIZ honors young professionals...
- 07/30/2019
Friedman Announces 2019 Summer PromotionsFriedman is pleased to announce the promotion of employees reaching new stages in their careers. Summer promotions celebrate the hard work and career advancement of Friedman professionals at the level of Coordinator, Experienced Associate, Specialist, Semi-Senior, Senior, Manager, Senior Manager and Director, with promotions at the Principle and Partner level...
- 07/30/2019
CyZen Wins Gold in the dotCOMM Awards for Website CreativityCyZen has been awarded gold for "website creativity" by the 2019 dotCOMM Awards! This is an international competition honoring excellence in web creativity and digital communication. Learn more about this prestigious award, here!...
- 07/30/2019
How a Traditional Accounting Firm Embraced a Start Up Office VibeFriedman's new New York City headquarters was featured in an article by LoopNet which discussed the sleek and modern office space located in Downtown Manhattan. Co-Managing Partner, Harriet Greenberg told LoopNet, "the move really changed the whole vibe of the company." With more space, an open layout, and bright, colorful accents throughout,...
- 07/29/2019
TCJA-Altered Landscape Keeping Firms from RelocatingThe recent corporate tax rate drop to 21 percent may be causing U.S. based companies to think twice before relocating overseas for tax benefits, Friedman's Adnan Islam told Tax Notes. Islam, Co-Practice Leader of the firm's International Tax Group, said, "When you look at the administrative hassle and costs of moving...
- 07/25/2019
Are FaceApp, TikTok, Snapchat and other camera apps safe?CyZen's Will Mendez recently spoke with Fox Business on the security of camera apps such as Snapchat, Instagram, TikTok and the recently viral FaceApp. He highlights the importance of always reading an app's privacy policy because you never know how or where they share your information. Hear what Will had to...
- 07/24/2019
Friedman Earns ClearlyRated’s 2019 Best of Accounting Award for Exceptional Client ServiceWe are excited to announce that ClearlyRated named Friedman a “Best of Accounting” firm based on feedback to a client survey. This award recognizes accounting firms that have demonstrated exceptional service quality based exclusively on ratings provided by clients. See for yourself what our clients have to say about our personalized...
- 07/17/2019
Ask the CPA - Russ GordonIs your CFO a profit center or cost center?
- 07/15/2019
Friedman Launches Office in Red Bank, NJGrowing New Roots in Monmouth and Ocean Counties
- 07/11/2019
Friedman Sponsors Cradles to Crayons "Backpack-A-Thon"Friedman is proud to be a sponsor of Cradles to Crayons' 12th Annual Backpack-A-Thon! This wonderful organization helps 30,000 Philadelphia children start school right, by providing them with backpacks filled with brand new, age appropriate school supplies. 40% of children in the Greater Philadelphia region live in poverty or a low...
- 07/09/2019
High-Tax State SALT ExodusFriedman's State and Local Tax (SALT) Practice Leader, Tom Corrie, recently discussed the large impact that the $10,000 cap imposed on SALT deductions has had on many taxpayers in high-tax states. "In light of the inability of an individual to deduct state and local income taxes on their federal return under the...
- 07/08/2019
Michael Greenwald on 1031 ExchangesFriedman's Corporate and Business Tax Practice Leader, Michael Greenwald, recently discussed the appeal of 1031 Exchanges with Forbes. A 1031 Exchange allows for the deferral of capital gains taxes on an investment property when it is sold and the proceeds go towards another "like-kind property." Learn why many of Michael's real estate...
- 07/01/2019
Brave the Shave - Media CoverageSouth Jersey Magazine sat with Michael Saccomanno, a partner in Friedman's Forensic Accounting, Litigation Support and Valuation Services (FLVS) group for an exclusive interview covering our highly-anticipated and first-of-its-kind charity event. On July 10, Friedman Gives Back will co-host a fundraising event was created in gratitude for the profound community support that...
- 06/27/2019
Large Corporations Aren't Moving Back to the U.S. Just YetAllergan Plc, a drug company that moved to Ireland in 2015 to avoid U.S. taxes, has been acquired by AbbVie Inc. signaling a win for U.S. lawmakers and regulators who have been trying to stop companies from moving their headquarters overseas. However, Friedman's Ryan Dudley told Bloomberg that the Allergan deal doesn't signal...
- 06/26/2019
Alan Goldenberg on New York and New Jersey Residents Moving OutMany individuals are looking for ways to mitigate the financial burden brought about by the $10,000 SALT Deduction cap in high-tax states. These taxpayers are looking to lower tax states for refuge, with Pennsylvania being a popular option among those in the Northeast. Friedman's Alan Goldenberg spoke with Fox Business on the...
- 06/24/2019
Crain's Names Friedman Professional a Real Estate Rising StarOn June 24, Crain’s New York Business published its inaugural list of Real Estate Rising Stars and named Friedman’s Steven Fischer, a Senior Audit Manager, among its honorees. The special feature celebrates the “knowledge, skills, integrity, accomplishments and contributions” of professionals with fewer than 10 years of experience in the...
- 06/20/2019
CyZen Wins First Place in Website Category for LIBN's Long Island Digital AwardsOn June 13, members of CyZen’s team gathered at the Mansion at Oyster Bay for the second annual Long Island Digital Awards (LIDA). Following an exciting evening of networking among regional leaders, CyZen was called to the stage to accept first place in LIDA’s website category! Learn more here!...
- 06/20/2019
The Cap on State and Local Tax Deductions Is Driving High-Tax State Residents OutFriedman's Alan Goldenberg recently sat with Fox Business to discuss the widespread impact the cap on state and local tax (SALT) deductions has had on high-tax states such as New York, New Jersey and California. Goldenberg said, "it took a few months for taxpayers to realize the dollar implications - until...
- 06/19/2019
Michael Greenwald on Deferred Sales TrustsCorporate and Business Tax Practice Leader, Michael Greenwald, recently spoke with Forbes on Deferred Sales Trusts. Greenwald says that a required Nondisclosure Agreement excites his skepticism about the efficacy of such plans. Click here to read the full article!...
- 06/17/2019
Ask the CPA - Shaji VargheseIn this edition of "Ask the CPA," Shaji Varghese, Partner in our Public Company Services Group shares how the SEC's changes to reporting standards may affect company stakeholders. Click here to read more!...
- 06/13/2019
Two Friedman Professionals Honored by NJCPA at 2019 Ovation AwardsOn June 12, Friedman Partner Audrey Sherrick and Senior Tax Manager Danielle Dvorak were honored with Ovation Awards at NJCPA’s annual convention in Atlantic City. The Ovation Awards showcase the work of “superstars whose exemplary efforts and stellar achievements are advancing New Jersey’s accounting profession.”...
- 06/12/2019
States Lose Fight Against SALT Deduction CapSince the 2017 Tax Cuts and Jobs Act, New York, New Jersey and Connecticut have been fighting against a cap on state and local tax deductions. While Connecticut and New York have a workaround to these changes, Friedman's Tom Corrie told Bloomberg, "not many companies are willing to jump in." Read...
- 06/12/2019
High-tax States SALT Workarounds with Alan GoldenbergThis week the Treasury Department shot down a strategy high-tax states adopted to help ease the effects of the $10,000 SALT cap on residents, however their are some other strategies that some can still take advantage of. Friedman's Alan Goldenberg discussed these strategies with Fox Business, and you can view the full article...
- 06/10/2019
Friedman LLP Awards Entrepreneurship Scholarship to Fashion Institute of Technology Student for Fifth Consecutive YearFor the past five years, Friedman LLP has supported the endeavors of one exceptional student who is enrolled in the Fashion Institute of Technology’s (“FIT”) undergraduate entrepreneurial program. Friedman awards the Entrepreneurship Scholarship each year to an FIT student enrolled in the two-year Entrepreneurship program. This year, the firm recognized, Marisol...
- 05/24/2019
Carl Bagell on Tax Law FrustrationsCarl Bagell, Managing Partner of Friedman's Southern New Jersey office, recently spoke with NJBIZ on the challenges and uncertainties of this tax season brought about by last minute changes and a lack of guidance on the Tax Cuts and Jobs Act (TCJA). "The 2018 tax year filings were our most difficult ever. We've...
- 05/20/2019
Donald Logan featured in IDG Connect's CIO SpotlightFriedman's Chief Information Officer, Donald Logan, was recently featured in IDG Connect's CIO Spotlight, in which he shares a multitude of highlights in his childhood, career path and future projects. Don explains that Friedman's most significant initiatives include cloud, automation and business intelligence systems. To learn more about Don, click here!...
- 05/16/2019
Ask the CPA - Jerome GlickmanIn this edition of "Ask the CPA", Jerome Glickman, shares the best way to maximize your social security benefits as a married couple. "In most instances, if at least one spouse is in good health, you may make the most of your benefits if the higher earner delays collecting their benefits until age...
- 05/13/2019
Kim Dula Talks with Executive Leaders RadioManaging Partner of Friedman's Philadelphia office, Kim Dula, recently spoke with Executive Leaders Radio, the #1 business weekly radio show in the Mid-Atlantic. In the interview, Kim highlights events in her life that inspired her to become the great leader that she is today. Kim shares how family values and...
- 05/09/2019
Susan Miano to be Honored at Mann Charitable Foundation's Annual Leading Ladies EventSusan Miano, Partner in Friedman's FLVS Group, will be honored at The Third Annual Mann Charitable Foundation Leading Ladies Event! This celebration honors the foremost women in the apparel, real estate, hedge fund, accounting, law and banking fields. The Mann Charitable Foundation was founded 20 years in memory of Marion and Irving Mann. Its...
- 05/09/2019
Friedman Celebrates Second Annual Employee SuperlativesOn May 2, Friedman's employees gathered from across regional offices to celebrate the close of the 2019 tax season at the Chelsea Piers Lighthouse, overlooking the Hudson River. Friedman employees cast their vote to honor notable individuals across unique categories as part of Friedman’s Superlative Awards. Sponsored by Friedman's Women's Development...
- 05/07/2019
Adnan Islam Certified as Taxation Law Specialist by State Bar of CaliforniaOn May 1, Adnan Islam was admitted by the State Bar of California as a certified specialist in the field of Taxation Law. The State Bar Legal Specialization program enables professionals with preeminent capabilities and deep experience in particular areas of law to qualify their expertise by earning the designation of certified specialist. The...
- 05/01/2019
Friedman Welcomes International Tax Practice DirectorDavid Slemmer joined Friedman's New York office as a Director in the firm's International Tax Practice with a specialized focus in the area of transfer pricing. He brings more than 20 years of experience evaluating and planning projects for large multinational companies as well as mid-market businesses across several industries....
- 04/26/2019
IRS Issues Updated Opportunity Zone GuidanceMichael Greenwald, a member of Friedman's Qualified Opportunity Zone ("QOZ") Practice, discussed recent updates from the IRS on Opportunity Zones with Commercial Porperty Executive. Michael says the IRS took "tax-payer" friendly positions on the qualified asset and gross income tests. However, the IRS will release a third round of guidance in the future which...
- 04/24/2019
Ask the CPA - Jack O'DonnellDo You Know the True Value of Your Business?
