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Rodman CPAs Volunteer a Day of Service at Camp Clark in Plymouth

Rodman CPAs Camp Clark outreach IMG_6956 2

Rodman CPAs, a full service tax and accounting firm serving small, mid-market, and multi-generational companies throughout the greater Boston area, recently volunteered a day of service to “sprucing up” the grounds of Camp Clark, an Old Colony YMCA sponsored recreation camp for children in Plymouth.

A long-time supporter of Camp Clark, Rodman CPAs’ team of 17 spent six hours landscaping Camp Clark in preparation for the 1,000+ youth campers who will attend camp from the end of June to the end of August. The team, which included the firm’s president Steve Rodman and partner Tom Astore, spread 40 yards of mulch, 20 yards of sand and also painted Four Square in the playground area. The Rodman team even wore their specially designed volunteer T-shirts while working on the project.

“The Y was founded on volunteerism, and employers like Rodman CPAs who encourage volunteering is why the Y can continue to serve so many families,” said Derek Paiva, Executive Director of Old Colony YMCA.

The Rodman team spent more than 100 hours in readying Camp Clark, which according to Paiva would have taken weeks and a number of Y staff members to complete.

Paiva continued, “The Rodman team really does care and they do a great job. Having them working with us is just phenomenal.”

Community outreach is woven into Rodman CPAs’ company culture. The firm has a dedicated volunteer outreach team led by staff accountants Kate Doherty and Elysha Sturm, and every staff member has an opportunity to volunteer. Over the years, Rodman CPAs has supported a number of organizations and causes in addition to Camp Clark, including Rosie’s Place in Boston and The Massachusetts Adoption Resource Exchange (MARE).

About Old Colony YMCA

Serving thousands of individuals and families in 31 communities in Southeastern Massachusetts, Old Colony YMCA has provided programs, camps and services designed to help people of all ages and abilities build healthy spirits, minds, and bodies. For more information, visit the website at www.oldcolonyymca.org.

About Rodman CPAs

Rodman CPAs provides tax advisory, accounting, and business strategy to small and mid-sized emerging and established businesses. Named one of Accounting Today’s Best Accounting Firms to Work for, and one of the largest accounting firms in Massachusetts by the Boston Business Journal, Rodman CPAs offers an innovative and strategic approach with the personal touch of a smaller regional CPA firm. For more than 50 years, Rodman CPAs has been specializing in customized accounting and tax solutions that improve business performance, processes, financial operations, and information technology.

The firm serves as a true business partner, helping clients perform and succeed during each stage of the business lifecycle. As domain experts in alternative energy, the “Green Team” at Rodman CPAs works with renewable energy producers and businesses throughout the U.S. offering tax advisory, financial, accounting services, and Investment Tax Credit (ITC) studies.

Rodman CPAs is an independent member firm of BDO Alliance USA, which enables them to expand services to clients by accessing the resources of BDO USA, LLP and other Alliance members, ensuring greater flexibility, efficiency, and cost-effectiveness.

For more information, email info@rodmancpa.com, visit their website at http://www.rodmancpa.com or contact (617) 965-5959.

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Marshfield CPA and Resident Judges Bentley Bowl

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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Rodman & Rodman CPAs Outline 2011 Sales Tax Holiday for Consumers and Retailers

Thomas Astore CPA JD, Tax Director, Rodman & Rodman
Massachusetts residents will be able to enjoy a Sales Tax Holiday weekend on August 13th and 14th.

“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, Tax Director 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 offering 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 13th or 14th, 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.

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