Search Results

Your search for “all” returned the following results:

All Insights

  • 12/23/2017
    Friedman LLP's Bob Charron, CPA, Partner Featured in Exclusive Podcast

    Host of podcast series, “Financial Quarterback” Josh Jalinski interviews special guest Bob Charron, CPA Partner at Friedman LLP for exclusive insights on the ever-evolving tax reform and ways it can directly impact you and your business. Listen here!...

  • 12/22/2017
    2017 Tax Reform: International Tax Provisions in the Conference Report
    By Ryan Dudley, CPA, CA, CTA, MIT, Partner & Erasmo Bruno, CPA, JD, Principal

    As a follow up to our December 20 Tax Alert covering domestic tax provisions included in the Conference Report, this alert provides a comprehensive overview of the Report’s international tax provisions. Read on for highlights on the ways you and your business may be directly impacted.

  • 12/20/2017
    2017 Tax Reform: Domestic Tax Provisions in the Conference Report
    By Michael J. Greenwald, MPPM, CPA, Partner 

    Last Friday, December 15, the Conference Report reconciling the House and Senate versions of tax reform was released. Both the House and Senate have passed the legislation. We expect President Trump to sign the bill, though it is unclear whether the signing ceremony will take place in December or in...

  • 12/19/2017
    Friedman LLP’s Bob Charron Featured in Consumer Reports article, The New Tax Bill's Winners and Losers

    Friedman LLP’s Bob Charron, shares insights in the Consumer Reports, The New Tax Bill's Winners and Losers article. In discussing the long-term “winners” of the new tax bill, Charron states, “It will benefit those in the upper middle class and above who can afford accountants and lawyers to wade through the regulations...

  • 12/18/2017
    Spend or Save your Nonprofit’s Endowment?
    By Amish Mehta, CPA, Partner

    Donors and policymakers have become increasingly systemic in their consideration of nonprofit endowment management. Whereas the more traditional approach...

  • 12/13/2017
    Friedman LLP Awards Entrepreneurship Scholarship to Fashion Institute of Technology Student for Fourth Consecutive Year

    New York – November 30, 2017 – Every year, Friedman LLP awards one Fashion Institute of Technology (FIT) student majoring in Entrepreneurship the Friedman LLP Entrepreneurship Scholarship as an acknowledgement of the student’s academic accomplishments. This year, FIT selected Allison Ackerman as the 2017 recipient. Ackerman, who will graduate from the...

  • 12/12/2017
    2017 Tax Reform: How the House or Senate Approach Could Reshape Real Estate
    By Michael Greenwald

    At present, it’s impossible to know what version of Tax Reform will become law in 2017—the House version, the Senate or a hybrid compromise position. We’ve kept you informed of the possible cross-industry impact of the President’s “September Tax Reform Framework” and potential problems with the House Tax Reform Bill on...

  • 12/11/2017
    Friedman LLP's Linwood Office Gives Back This Thanksgiving

    This Thanksgiving, nine members of Friedman LLP’s Linwood office volunteered to deliver 30 thanksgiving meals to 30 families in Atlantic City in partnership with the Rotary Club of Somers Point. In total, the Rotary Club delivered nearly 100 meals. Friedman LLP donated $750, and employees in the Linwood office rallied...

  • 12/11/2017
    Selling a Personal Residence: What Costs Qualify as Home Improvements?
    By Karl Neulinger

    During tax season, we are frequently asked, “What home improvements are tax deductible?” Selling a personal residence can be complex in itself. Factor in the tax implications and things become even more complicated. This Property Matters article will explain which improvement costs qualify and in addition offer tips for safeguarding...

  • 12/09/2017
    New York Post Features Expert Cryptocurrency Insights from Robert Graham, CPA Partner

    Friedman's digital currency expert, Robert Graham, CPA, Partner was featured in an exclusive interview with the New York Post. Read his premier insights on entering the marketplace and how this burgeoning sector is transforming recruitment here.  ...

  • 12/08/2017
    Jeffrey Resnick, CPA and Steven Bokiess, CPA Join Friedman LLP as Partners

    Friedman LLP is pleased to announce that Jeffrey Resnick, CPA and Steven Bokiess, CPA have joined the firm’s New York office as Partners in the Fashion and Real Estate Practices, respectively. Jeffrey Resnick has more than 30 years of experience advising clients across a variety of industries, with a focus on...

  • 12/07/2017
    Tax Reform: The Home Stretch

    As 2017 draws to a close, important differences remain between the Senate's and the House's approach to Tax Reform. While certain outcomes seem likely, such as suspension in whole or in part of the deduction for State and Local taxes, until a bill emerges from the conference committee it is...

  • 12/07/2017
    Friedman LLP’s Kevin Hyams Featured in Wall Street Journal

    Friedman LLP’s Kevin Hyams shares important insights in Wall Street Journal’s “Transparency International Questions Use of Corruption Index” article. In discussing the index Hyams states, “Indexes can also be a tool for cross-checking the results of a company’s risk assessment externally—a 'sanity check'.” To read more, click here!...

  • 12/06/2017
    Building Today for the Future: How Healthcare is Spiking Construction in the Tristate Area
    By Michael Stoler, The Stoler Report

    Fueled by the need for modern, state-of-the-art healthcare facilities, billions of dollars are being allocated at record proportions toward the development of healthcare projects throughout New York City and the larger metropolitan region. Construction Forecast through 2020 According to a forecast construction spending report on healthcare real estate trends released by the...

  • 12/04/2017
    New Jersey – Important Tax Changes for 2018

    Sales and Use Tax: Effective January 1, 2018, New Jersey’s general 6.875% sales and use tax will be reduced to 6.625%. In addition, other specific state sales and use tax rates will also be decreased. The new rates are as follows: Atlantic City luxury tax: 12.625% – on sales other than alcoholic beverages by...

  • 12/01/2017
    Friedman LLP's Bob Graham Featured in MarketWatch

    Friedman LLP’s Robert Graham shares vital insights in MarketWatch’s “Uncle Sam is coming after your bitcoin gains” article. In discussing the IRS issue with Coinbase, Graham states, “It took the IRS until 2014 to issue rules about cryptocurrencies and how to view them for tax purposes. It is only a...

  • 11/30/2017
    Friedman LLP's Mike Greenwald Featured in Long Island Business News

    Friedman LLP’s Mike Greenwald shares insights in Long Island Business News in an article about “The Consequences of Saying ‘No’ to Nonprofits.” In discussing the potential change in not-for-profit tax exemption, Greenwald states, “Unlike a corporation that can, in theory, raise the price of goods and services, it’s more difficult...

  • 11/29/2017
    Friedman CyZen Launch Makes Waves Across Media

    The launch of our new cyber security consulting practice Friedman CyZen LLC, a wholly owned Friedman LLP company, has made big waves across multiple media outlets. Including, ROI-NJ, Markets Insider and CPA Practice Advisor....

  • 11/29/2017
    Friedman Donates $5,000 to Urban Arts Partnership on Giving Tuesday

    On November 28, Friedman LLP donated $5,000 to nonprofit client, The Urban Arts Partnership (UAP) in support of their powerful mission to close the achievement gap in under-resourced public schools. The event followed the firm’s FIRST-EVER social giving campaign, #Friedman Share to Care. Friedman donated $4 each time our Friedman...

  • 11/28/2017
    Introducing Friedman CyZen LLC Cyber Security Advisors

    New York — November 28, 2017— Top 50 accounting and advisory firm, Friedman LLP, expands its dynamic service offerings to include cyber security consulting with the launch of Friedman CyZen LLC (“CyZen”), a wholly owned company of Friedman. The goal of CyZen is to bring peace of mind to businesses...

  • 11/20/2017
    Ask the CPA
    By Steve Xenakis, Senior Tax Manager

    What tax planning opportunities can I complete prior to year-end?

  • 11/17/2017
    NYSAE Member Spotlight: An E-Interview with Amish Mehta

    Friedman LLP’s Amish Mehta, CPA, Partner and leader of the Nonprofit Practice was recently featured in NYSAE’s Member Spotlight: An E-Interview. Catch the exclusive coverage here!...

  • 11/15/2017
    Maximize Year-end Charitable Contributions: Navigating Tax Reform for Nonprofit Leaders
    By Ralph Citino, CPA, Director & Brooke Karafin, Tax Manager

    Knowing the best steps to take in order to secure your nonprofit’s longevity can be daunting in an ever-changing tax reform landscape. Many nonprofit organizations fear that they will lose donors in the long run if the federal tax incentive for their charitable giving is reduced or nullified for taxpayers....

  • 11/09/2017
    Michael B. Weicher Joins Friedman LLP as Managing Principal

    Friedman LLP is pleased to announce that Michael B. Weicher, J.D. has joined the firm's New York office as a Managing Principal in the Real Estate Group. Michael has more than 25 years of tax and business advisory expertise with a specialized focus in real estate and hospitality. He also brings...

  • 11/09/2017
    Friedman LLP Launches Office-Wide Health Initiatives

    Friedman is launching office-wide incentives that encourage employee commitment to healthy lifestyles. “Globalfit,” the firm’s new exercise reimbursement program, lets employees search online for discounted local fitness studios and gyms and submit their exercise activities to rack up rewards. In addition to Globalfit, Friedman announced its exciting new partnership with...

  • 11/09/2017
    House Tax Reform Bill: Digging Below the Surface to Reveal Critical Analysis

    By now, you’ve seen media headlines covering the House Tax Reform Bill introduced on November 2. What you may not be aware of is how potential problems with the general tax provisions can directly impact you and your business. This Tax Alert addresses the questions you want answers to, suggests...

  • 11/07/2017
    Tax Guide 2017-2018

    To help steer your tax planning strategies under the current Trump Administration, this online guide provides an overview of key tax provisions you need to be aware of amidst the possibility of dramatic changes in tax law. For example, you could see changes to your tax rates and breaks and...

  • 11/06/2017
    Download Tax Reform White Paper Now!

    As Washington takes up the mantle of tax reform, Friedman LLP proudly releases a timely study featuring insights gleaned from a broad-based web survey of more than 480 business leaders on their reactions to proposed tax changes.  This exclusive report, developed by Friedman, breaks down the survey results into 6 key...

  • 11/06/2017
    Friedman LLP’s Kim Dula featured in Marketplace Radio

    Marketplace Radio featured insights from Friedman’s Kim Dula in an exclusive segment about Why accountants can't wait for the new tax bill. Dula states that the suspense and uncertainty around this new bill are “killing” her clients who ask, “Is it going to expire and is it going to come...

  • 11/01/2017
    How to Claim Research Payroll Tax Credits

    If a business dedicates resources to creating or improving products, processes or software, it may be eligible for substantial federal tax credits for “increasing research activities.” There’s just one catch: To enjoy the benefits, the company must have sufficient federal tax liability against which to offset the credit. Historically, that...

  • 11/01/2017
    Tax Tip

    Mutual Funds, Deductions, and Capital Gains

  • 11/01/2017
    Unclaimed Property Tips to Protect your Business in the Present
    By Tom Corrie, JD, LLM, Principal

    Nearly twenty years ago, while consulting with several clients about state and local tax issues, I discovered a problematic theme—noncompliance in the unclaimed property (UP) area. Oftentimes, when I mentioned unclaimed property, client responses fell into two categories: the client denying that they had unclaimed property or the client admitting...

  • 11/01/2017
    Philadelphia’s Onerous Business Tax Regime

    Must-knows on the BIRT and NPT

  • 10/31/2017
    5 Must-Knows Before You Hire a Nonprofit Fundraising Consultant

    Hiring a nonprofit consultant to execute and amplify your organization’s philanthropic initiatives may seem like a no-brainer. However, subpar fundraising campaigns can often result when organizations do not perform due diligence, which include, scaling the benefit of a fundraising consultant, selecting the right person for the job and knowing how...

  • 10/30/2017
    Friedman LLP Ranked as #1 Best Places to Work on Long Island 2017

    Friedman LLP is proud to announce that the firm has been ranked number 1 on Best Places to Work on Long Island in 2017, click here....

  • 10/27/2017
    Ask the CPA
    By Russell Gordon, CPA, CVA, Partner

    Is there a way to minimize taxes on short-term capital gains?

  • 10/27/2017
    CPA Practice Advisor Features Friedman Share to Care Social Giving Campaign

    CPA Practice Advisors spotlights the Friedman Share to Care Social Giving Campaign in support of nonprofit client, Urban Arts Partnership. Learn more about our first-ever social philanthropy campaign here....

  • 10/26/2017
    Friedman Featured in Fund Technology for US GDPR Implementation

    Friedman LLP’s Partner, Kevin Hyams, explores the General Data Protection Regulation (GDPR) implementation for U.S. companies in an exclusive Fund Technology Magazine feature. “It has taken a lot of US operations by surprise… many of them are not aware of the full ramifications of GDPR and the consequences,” states Hyams....

  • 10/26/2017
    Friedman Featured in The Street on Board's Accountability when CEOs Face Sexual Harassment Claims

    In the wake of recent Sexual Harassment claims in Hollywood, Friedman LLP’s Kevin Hyams shares must-read insights in The Street on how boards are unquestionably accountable when a CEO faces these claims. Kevin states, “Boards have a fiduciary responsibility to ensure that no harm comes to the organization.” Read more,...

  • 10/25/2017
    Friedman LLP launches “Share to Care” social giving campaign!

    New York, October 25, 2017. In celebration of #GivingTuesday, Friedman LLP announced the launch of their first-ever Share to Care social giving campaign in support of its nonprofit client, Urban Arts Partnership (UAP). Friedman will donate $4 to UAP each time their #FriedmanCares Slideshow is shared on social media to...

  • 10/24/2017
    Ask the CPA
    By Susanne Spinell Shuster, CPA, MST, Director-In-Charge, Outsourced Accounting 

    Should I stay or should I go? How you can transfer portions of your business to your child through gifting the business interest.

  • 10/23/2017
    Friedman featured in US News & World Report for Investing Red Flags

    Friedman LLP’s Harris Devor shares insights in US News & World Report on essential steps you can take to examine an investment as financial fraud becomes increasingly complex. To read more click here....

  • 10/23/2017
    IRS Announces 2018 Limits Affecting Qualified Plans

    Each year, the IRS announces tax inflation adjustments for the following year. The adjustments are based on changes to the Consumer Price Index ("CPI"). Illustrated below are the differences from 2017 to 2018. If you have any questions about this alert, please contact David Waddington or your Friedman engagement partner. View 2018 IRS Limits...

  • 10/13/2017
    Commerce Magazine: Best Practices Guide

    Friedman’s Co-Managing Partner, Fred Berk was featured in Commerce and Industry Associate of New Jersey’s Best Practices Guide for 2017 – 2018. Read about how the firm’s powerfully personal approach empowers entrepreneurs to reach their financial goals here....

  • 10/09/2017
    Friedman featured in Newsday for Must-know Guidance on Disaster Relief Donations

    In the aftermath of the devastation caused by Hurricanes Harvey, Irma and Maria alongside earthquakes in Mexico, many rush to aid those in need while others aim to capitalize on their misfortune. NY Newsday featured expert insights from Friedman LLP’s Amish Mehta on how to effectively donate to those in...

  • 10/05/2017
    Breaking News: Ominto, Inc. Appoints Friedman as New Audit Firm

    We are pleased to announce that Ominto, Inc. has appointed Friedman LLP as its new audit firm. Ominto is a global leader and growing company in the Cash Back e-commerce, marketing and entertainment industries. “Friedman is a firm of the highest quality and ethical standards and we believe their comprehensive...

  • 10/05/2017
    Gaps In Trump-GOP Tax Plan Hint At Loss Of Current Benefits

    What key details and policy goals are missing from the Trump Administration’s tax plan? Friedman’s Mike Greenwald highlights the seemingly intentional holes in the Trump-GOP tax plan, the reasoning behind them and their effects on current benefits in Law 360. Read more here. Download our exclusive tax reform white paper for key...

  • 10/03/2017
    Highlighting the Unspoken in the September Tax Reform Framework
    By Michael J. Greenwald, MPPM, CPA, Partner

    This exclusive Tax Alert provides expert insights on critical areas not mentioned in the President's recently released tax reform framework. This analysis highlights areas which may either complicate the reform process, represent potential sources of revenue to offset the cost of tax reform, or reduce the perceived benefits of reform.  Capital...

  • 10/02/2017
    Breaking News: IBREA announces Friedman LLP Bronze Level Corporate Partnership

    Alexandra Levin Kramer, President of IBREA shares, “We are very pleased to have Friedman LLP join us as a Corporate Member. They are leading in their field of accounting, tax, and business consulting when it intersects with blockchain real estate.” Read more about Freidman’s bronze level partnership with IBREA here!...