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accounting

Jennifer Minor of Rodman & Rodman P.C. Named an Accredited Administrator in Accounting Practice Management

October 4, 2012 //  by admin

Jen Minor

Rodman & Rodman, P.C., an independent accounting and tax firm with offices in Newton and Braintree, announced that Jennifer Minor, MSHR, Director of Administration has received the distinction of Accredited Administrator in Accounting Practice Management (AAAPM).

As an AAAPM, Ms. Minor has been designated as an expert with an exceptional level of competence in the field of accounting firm management. Ms. Minor has been employed with Rodman & Rodman P.C. for 12 years and oversees day-to-day operations and human resources. Ms. Minor holds a Bachelor’s degree from the University of New Hampshire and a Master of Science in Human Resources from Suffolk University.

“Jen is a dedicated and experienced accounting administrator who understands the unique and challenging issues of managing a busy accounting firm. She keeps us all on track and this designation is well-deserved,” noted Steve Rodman, CPA, MST, president.

A native of Wellesley, Ms. Minor resides in Marshfield.

About Rodman & Rodman P.C.

Founded in 1961 and listed in the Boston Business Journal’s “Top 50 Firms”, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C. that serves “green” clients throughout the U.S. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today magazine.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education.

Rodman & Rodman, P.C. offices are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Jennifer Minor of Rodman & Rodman P.C. Named an Accredited Administrator in Accounting Practice ManagementRead More

Category: Client NewsTag: AAAPM, accounting, accounting IT services, audits, business valuations, fraud detection and prevention services, green team, renewable energy, software selection, succession planning, tax, taxation

Kathy Parker, CPA, Partner at Rodman & Rodman Named to Invest In Girls Inc. Board of Directors

September 18, 2012 //  by admin

Kathy Parker, CPA, MST
Kathy Parker, CPA, MST, Partner at Rodman & Rodman, P.C., an independent accounting and tax firm with offices in Newton and Braintree, has recently been named to the Board of Directors for Invest In Girls, Inc. of Boston.

Ms. Parker has been employed with Rodman & Rodman P.C. for more than 13 years and has risen through the ranks from accountant to senior accountant to Partner. She holds a Bachelor’s degree in Accounting and a Master’s degree in Taxation. In addition to assisting clients with their tax and financial needs, Ms. Parker is a Certified Advanced ProAdvisor for QuickBooks as well as an integral part of Rodman & Rodman’s Green Team, which focuses on projects that promote renewable and sustainable energy.

“Invest In Girls empowers young women by providing them with essential finance and investing knowledge while also mentoring them. In this way, IIG better prepares girls for future leadership roles while also enlightening them about their own financial security. I’m very pleased to have the opportunity to serve as a Board member for this organization,” noted Ms. Parker.

About Invest In Girls, Inc.

Invest In Girls provides young women with a strong financial knowledge base, successful female mentors, and exposure to financial services, equipping them with the skills and confidence they need to become independent and influential women. Invest In Girls provides group financial education workshops, e-mentoring and financial industry exposure to young women. Invest In Girls is based in Boston.

For more information, contact Kathy Parker at Rodman & Rodman (617) 939-8569 or visit the Invest In Girls website at investgirls.org.

About Rodman & Rodman P.C.

Founded in 1961 and listed in the Boston Business Journal’s “Top 50 Firms”, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C. that serves “green” clients throughout the U.S. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education.

Rodman & Rodman, P.C. offices are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Kathy Parker, CPA, Partner at Rodman & Rodman Named to Invest In Girls Inc. Board of DirectorsRead More

Category: Client NewsTag: accounting, business services, CPA, green team, Invest In Girls, Kathy Parker, renewable energy projects, Steve Rodman, tax, tax accountant, tax expert, tax specialist

Steve Rodman of Rodman & Rodman Graduates from Boston University’s Leading Clean Energy Ventures Program

August 9, 2012 //  by admin

Steve Rodman

Steve Rodman, CPA, MST, President of Rodman & Rodman, P.C., an independent accounting firm with a specialty practice in clean technology and renewable energy projects, recently became one of 12 graduates of the 2012 class of Fellows of the Leading Clean Energy Ventures (LCEV) program.

The Leading Clean Energy Ventures Fellowship is an innovative development program offered by the New England Clean Energy Council (NECEC) and Boston University School of Management. Designed for experienced entrepreneurs and executives, the program focused on the complexity of energy markets and diverse clean technology companies at various stages of development.

“The Leading Clean Energy Ventures program is a terrific program that is focused on solving real world market challenges. It is a must for those looking to transition into the clean energy sector,” noted Rodman.

Rodman is a member of the Northeast Sustainable Energy Association (NESEA) which is a chapter of the American Solar Energy Society and the nation’s leading regional membership organization promoting sustainable energy solutions. The Rodman & Rodman firm is also a member of New England Clean Energy Council, and a sponsor of the Association of Cleantech Incubators of New England (ACTION).

Rodman & Rodman’s “Green Team”, is a specialized green energy and clean technology practice within the firm that focuses on alternative energy producers and investors. The Green Team provides clients in biomass, wind, solar, geothermal, landfill gasses, municipal solid waste, hydroelectric and hydrokinetic sectors of the renewable energy industry with expert green energy tax advisory, accounting services and business strategy through all stages of their project and business lifecycles.

About Rodman & Rodman P.C.

Founded in 1961 and listed in the Boston Business Journal’s “Top 50 Firms”, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C. that serves “green” clients throughout the U.S. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education.

Rodman & Rodman, P.C. are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Steve Rodman of Rodman & Rodman Graduates from Boston University’s Leading Clean Energy Ventures ProgramRead More

Category: Client NewsTag: accounting, audits, Boston University, business development services, business valuation, clean energy, clean technologies, CPA, fraud detection and prevention services and succession planning, green energy, green team, Leading Clean Energy Ventures, renewable energy, Steve Rodman, tax, taxation

Rodman & Rodman CPAs Outline 2012 Sales Tax Holiday for Consumers and Retailers

August 6, 2012 //  by admin

Massachusetts residents will be able to enjoy a Sales Tax Holiday weekend on August 11th and 12th.

“The Commonwealth of Massachusetts will not be collecting the 6.25 percent sales tax on tangible purchases of $2,500 or less that are for personal use,” explains Thomas Astore, CPA, JD, Partner at Rodman & Rodman, P.C. “Business purchases and purchases made by corporations remain taxable. All Massachusetts businesses normally open during this weekend and selling taxable items of tangible personal property are required to participate in this sales tax holiday.”

Rodman & Rodman, P.C., is a CPA firm specializing in tax expertise and business strategy for small and medium sized companies throughout New England and beyond.

According to Rodman, consumers will be able to enjoy tax savings in compliance with the following rules that will be in effect for the weekend:

  • Business purchases are excluded, which also means any purchase made with a business check or business credit card.
  • All services are excluded. Only tangible purchases are eligible. Airline tickets and sporting events are considered services.
  • Motor vehicles (which include ATVs and small motorcycles), motorized boats, telecommunications services (including prepaid calling arrangements and cards), gas, steam, electricity, tobacco products and meals are excluded from the sales tax holiday. But, telecommunications equipment (cell phones and related items for personal use) are eligible.
  • Any single item with a price that is in excess of $2,500 is excluded. If the single item’s price exceeds $2,500, it will be taxed in full. For example a $3,000 plasma TV will be taxed on the entire $3,000 sale price.
  • When more than one item is purchased at the same time, and each item has a price of $2,500 or less, then all of the items may be rung up on one receipt and all the items are tax-free.
  • There is no sales tax on clothing unless the sale price exceeds $175. For an article of clothing exceeding this amount, the $175 will be deducted from the price and the remaining amount will be taxed.
  • If a store coupon or discount provided by a retailer or manufacturer reduces the sales price of the item, the discounted sales price determines whether the sales price is within the sales tax holiday price threshold of $2,500 or less.
  • Prior sales and lay-a-ways do not qualify for the tax-free status under any circumstances.
  • Special order items such as furniture are eligible so long as they are ordered and paid in full on the sales tax holiday weekend, and the cost of each item is $2,500 or less, even if delivery is made at a later date.
  • Internet purchases are exempt from sales tax as long as they do not exceed $2,500 (and meet other criteria) and are made and paid for on August 11 or 12, Eastern Standard Time.

For more information, visit the Massachusetts Department of Revenue at www.mass.gov or for tax questions contact Rodman & Rodman, P.C. At (617) 965-5959.

About Rodman & Rodman P.C.

Founded in 1961, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies throughout New England. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The company has been named one of the “Best Accounting Firms to Work For” in Accounting Today and is listed in the Boston Business Journal’s “Top 50 Firms”.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C.

The company’s offices are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Rodman & Rodman CPAs Outline 2012 Sales Tax Holiday for Consumers and RetailersRead More

Category: Client NewsTag: "Best Accounting Firms to Work For", 6.25 percent sales tax, accounting, accounting IT, audits, business services, business valuations, clean technology accounting, fraud detection and prevention services, green energy, green team, Massachusetts Sales Tax Holiday, renewable energy, sales tax holiday, succession planning, tangible purchases, tax, taxation

Marshfield CPA and Resident Judges Bentley Bowl

May 29, 2012 //  by admin

Bentley University alumnus John Topham, CPA, founding partner of Damon, Topham & Company, tax specialists and 2011 FIVE STAR Wealth Managers based in Marshfield, MA, had the honor of judging this year’s Bentley Business Bowl (BBB).

The BBB is a campus-wide, business case competition held annually at Bentley University. Topham served as one of a dozen judges on the panel. Graduate and undergraduate students were divided into Junior/Senior and Freshman/Sophomore divisions and given a case study on Best Buy. They were required to review the business problems in the case, conduct research and develop their plan of action to solve the problem. The teams then formally presented their case to the judges. Monetary awards were presented to teams in first, second and third place.

According to Topham, “The Business Bowl helps to prepare students for the real business world. They are presented with complex business challenges and must determine how to solve these challenges. Not only do they develop a plan of action but they must execute it. They must show how they will successfully attain their objectives.”

Topham is a Marshfield resident.

About Damon, Topham & Company

Damon, Topham & Company, LLC, are Certified Public Accountants and Business Development Advisors. Damon, Topham & Company has been named a 2011 FIVE STAR Wealth Manager and is part of that elite group which represents less than 3 percent of the wealth managers in the Boston area.

Utilize the “Damon, Topham Advantage”- go beyond the traditional services of auditing, accounting and taxation. Damon, Topham & Company provides business valuation, estate, individual and corporate tax planning and savings, financial planning, consulting and financing solutions. A full service multi-disciplined firm, Damon, Topham & Company has been serving the South Shore for over 20 years. Damon, Topham & Company, LLC, is located just off Route 139, 475 School St., Suite 8, Marshfield, MA. For more information, please visit the company’s website at www.damtopcpa.com.

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Marshfield CPA and Resident Judges Bentley BowlRead More

Category: Client NewsTag: accountant, accounting, auditing, Bentley Business Bowl, Bentley University, business strategy, business valuation, corporate tax planning, CPA, estate, individual tax planning, Marshfield CPA, tax specialist, taxation

Partners at Braintree & Newton Based CPA Firm Donate & Walk for MARE

May 25, 2012 //  by admin

Thomas Astore, CPA, JD, Partner and Steven P. Rodman, CPA, MST, President of Rodman & Rodman recently participated in The Walk for Adoption for MARE.

Rodman & Rodman, P.C. partners participated in “A Walk Home: The Walk for Adoption” last weekend to raise awareness and funds for the Massachusetts Adoption Resource Exchange (MARE) and its work to recruit adoptive parents for children and teens in state foster care. Rodman & Rodman is a leading accounting, tax and business services firm with offices in Braintree and Newton.

Steven P. Rodman, CPA, MST, President of Rodman & Rodman and his wife Susan and MARE Board Member Thomas Astore, CPA, JD, Partner and his wife Tina, who are all residents of Newton, participated in the three mile MARE Walk for Adoption. The event was held at Jordan’s Furniture facility in Taunton. In addition to walking in the event, the partners have donated a total of $1,300 to the organization along with two tickets to a Boston Red Sox/Toronto Blue Jays baseball game.

The Walk for Adoption event raised more than $70K for MARE. For more information about MARE, visit www.firstgiving.com/MARE.

About Rodman & Rodman P.C.

Founded in 1961 and listed in the Boston Business Journal’s “Top 50 Firms”, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C. that serves “green” clients throughout the U.S. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education.

Rodman & Rodman, P.C. are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

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Partners at Braintree & Newton Based CPA Firm Donate & Walk for MARERead More

Category: Client NewsTag: accounting, CPA, green team, MARE, renewable energy, Rodman & Rodman, tax, Walk for Adoption

Rodman & Rodman’s Tom Astore CPA shares insight on family gifting of businesses in Mass Family Business Magazine

April 30, 2012 //  by admin

Mass Family Business Spring 2012

This issue of Massachusetts Family Business features profiles of four family businesses that are ready to help your family business succeed; advice on changes to tax law in 2012; and the best ways to achieve diversity among your directors.
Read Tom Astore’s full article on page 18 http://issuu.com/thewarrengroup/docs/familybusiness_1q2012

Rodman & Rodman’s Tom Astore CPA shares insight on family gifting of businesses in Mass Family Business MagazineRead More

Category: Client NewsTag: accounting, Boston CPA, Massachusetts Family Business Magazine, Newton CPA, Rodman & Rodman, tax, Thomas Astore

Rodman & Rodman Green Team Member Joins Another Green Team for Earth Day

April 24, 2012 //  by admin

Mark Vitello

On Saturday, April 21st, Wellesley resident Mark Vitello, who is a staff accountant on Rodman & Rodman, P.C.’s Green Team, participated in the Charles River Conservancy Earth Day river cleanup event. Vitello volunteered through the Virginia Tech Alumni Association and in cooperation with State Senator William Brownsberger’s office. Vitello joined more than 3,000 other volunteers to pick up trash along the banks of the Charles River. Vitello’s clean up efforts centered around the Marina area in Watertown, MA.

“It is important to keep the environment clean, especially in an urban setting such as Boston,” noted Vitello. “We need to conserve the natural areas that we do have, so they can be enjoyed by future generations.”

According to the Conservancy’s website, “Since 2002, over 16,000 Conservancy Volunteers have contributed over $1 million of donated labor to improve the health, safety and beauty of the Charles River Parklands.”

About Rodman & Rodman P.C.

Founded in 1961, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies throughout New England. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today. Rodman & Rodman is listed in the Boston Business Journal’s “Top 50 Firms”.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C.

Rodman & Rodman, P.C. are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Rodman & Rodman Green Team Member Joins Another Green Team for Earth DayRead More

Category: Client NewsTag: "Best Accounting Firms to Work For", accounting, Charles River, Charles River Conservancy Earth Day river cleanup event, Earth Day, Green Business Certified, green team, tax, Virginia Tech Alumni Association

1603 Grant Program Not Extended -Rodman & Rodman CPAs Provide Insight on the Effect on Smaller Projects

April 4, 2012 //  by admin

A few weeks ago, Congress had an opportunity to boost the renewables economy by passing an amendment that would extend the 1603 Grant Program for another year. The failure of this legislation to pass (by a 49-49 Senate vote) is disappointing to those who are involved in the renewable energy arena.

According to Steve Rodman, CPA, MST, president of Rodman & Rodman, P.C. providers of Green Energy financial/accounting services and business strategy for solar, wind, biomass, and cleantech companies, “The loss of this source of grant money will create new challenges for the future. The renewable energy economy is not completely felled by the expiration of the 1603. The program reverts back to the Investment Tax Credit (ITC) through 2016, which allows for a 30 percent tax credit (instead of the cash grant) for certain renewable energy projects. However, making use of the credit can be very difficult with small and medium sized projects.”

Rodman, who is a member of the New England Clean Energy Council (NECEC) and Northeast Sustainable Energy Association (NESEA) continued, “It is rare that the smaller developer would have the tax appetite. For example, a $2 million project generates a $600,000 credit which is a lot of tax credit to make use of for the typical regional developer. The 30 percent cash grant in lieu of the credit didn’t cost the government any more than some bank interest, but certainly made financing a project much more practical. Now the developer will likely need to find an investor for the project who is interested in being allocated the tax credits in exchange for his investment dollars.”

To sum it up:

· Large banks that participate this way on utility scale deals are not interested in a few million dollars of credits, never mind a $2 million project that generates $600,000 of credits.

· Smaller institutions typically don’t have the experience with this type of investment.

· High net worth individuals need to have substantial “passive” income to qualify. This precludes those investors with large salary, interest and dividend income from qualifying as those types of income are not considered passive and the ITC cannot offset taxes from active and portfolio income.

“The growth in the industry over the last few years can be directly traced to the incentives programs like the ITC and the 1603 Program. The challenges from expiration of the grant program will be overcome with creativity and education of the capital marketplace. But there will be a slowdown until this fully evolves,” Rodman concluded.

About Rodman & Rodman P.C.

Founded in 1961, Rodman & Rodman, P.C. provides accounting, tax and business services to small and medium-sized companies throughout New England. With a focus on strategic planning, Rodman & Rodman goes beyond traditional accounting services and takes a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth. The company is Green Business Certified and in 2010 and 2011 was named one of the “Best Accounting Firms to Work For” in Accounting Today. Rodman & Rodman is listed in the Boston Business Journal’s “Top 50 Firms”.

From business valuations, taxation, audits, fraud detection and prevention services and succession planning to a variety of accounting IT services including software selection, implementation and training, the team at Rodman & Rodman serves as comprehensive advisors to clients. For individual clients, the company offers personal advisory services such as planning for real estate transactions, obtaining financing, estate planning and retirement planning as well as planning for college education. The Rodman & Rodman Green Team is a specialized green energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C.

Rodman & Rodman, P.C. are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, MA. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Steve Rodman, CPA, MST

1603 Grant Program Not Extended -Rodman & Rodman CPAs Provide Insight on the Effect on Smaller ProjectsRead More

Category: Client NewsTag: 1603 Grant Program, accounting, clean technology accounting, financial services, green energy, renewable energy, Steve Rodman CPA, tax

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