Unleash the Power of The Press

Newton

Rodman & Rodman P.C. of Newton Honored as 2014 Accounting Today’s Best Accounting Firms to Work For

Steve Rodman, CPA, MST, president
Steve Rodman, CPA, MST, president

Rodman & Rodman, P.C. , an independent accounting and tax firm based in Newton, MA with a Renewable Energy and Cleantech specialty practice serving clients throughout the U.S., has recently been honored as one of the 2014 Accounting Today’s Best Accounting Firms to Work for. This is the fourth year that Rodman & Rodman has received this distinction.

The 2014 Accounting Today’s Best Accounting Firms to Work for annual list was created by Accounting Today and Best Companies Group to identify, recognize and honor the best employers in the accounting industry, benefiting the industry’s economy, workforce and businesses. The list is made up of 100 companies.

Companies from across the United States entered the two-part survey process to determine Accounting Today’s Best Accounting Firms to Work for. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25 percent of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75 percent of the total evaluation. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final ranking.

Rodman & Rodman’s growing team is led by three partners: Steven P. Rodman CPA, MST, president; Kathy Parker CPA, MST and Thomas Astore CPA, JD.

“We are committed to providing our staff of dedicated professionals with a very positive and engaging working environment along with many opportunities for career advancement. We’re delighted to receive this honor,” noted Rodman.

For more information on Accounting Today’s Best Accounting Firms to Work for program, visitwww.BestAccountingFirmsToWorkFor.com.

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. 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 clients throughout the U.S.  The company is Green Business Certified. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

 

Rodman & Rodman P.C. of Newton Honored as 2014 Accounting Today’s Best Accounting Firms to Work ForRead More

Leah Shanahan, CPA Promoted to Manager at Rodman & Rodman P.C. of Newton

Leah Shanahan, CPA
Leah Shanahan, CPA

Rodman & Rodman, P.C., an independent accounting and tax firm located in Newton, has promoted Leah Shanahan (formerly Schlegelmilch), a Certified Public Accountant, to Manager.

Ms. Shanahan previously held the position of Supervisor for seven years. In her new role as Manager on Rodman & Rodman’s Business Services Team, she will provide audit and tax services to a diverse client base and help lead the firm’s Software Advisory and Support Team. Ms. Shanahan earned a Bachelor’s degree in Accounting and Management from Fitchburg State College in Fitchburg, MA. As a highly qualified Advanced QuickBooks ProAdvisor, she assists clients with QuickBooks, Peachtree and other small business accounting software in addition to helping them streamline accounting systems.

Ms. Shanahan is a member of the Massachusetts Society of CPAs as well as the American Institute of CPAs (AICPA). She is a resident of Sutton, MA.

For three consecutive years, Rodman & Rodman has been named one of the “Best Accounting Firms to Work For” in Accounting Today.

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. The Rodman & Rodman “Green Team” is a specialized renewable energy and clean technology accounting and tax services practice within Rodman & Rodman, P.C. that serves clients throughout the U.S.  The company is Green Business Certified. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

 

Leah Shanahan, CPA Promoted to Manager at Rodman & Rodman P.C. of NewtonRead More

Daniel J. Gniadek, CPA, MST Joins Rodman & Rodman P.C. of Newton

Daniel J. Gniadek, CPA, MST
Daniel J. Gniadek, CPA, MST

Daniel J. Gniadek, a Certified Public Accountant, has recently joined Rodman & Rodman, P.C. as Supervisor. Based in Newton, MA, Rodman & Rodman is an independent accounting and tax firm with a Renewable Energy and Cleantech specialty practice serving clients throughout the U.S.

In his new role, Mr. Gniadek will oversee the accounting staff who are responsible for tax preparation and tax planning for individuals and entities.  For three years previous to Rodman & Rodman, Mr. Gniadek was a Senior Tax Accountant in the personal financial management and income tax planning division of Summit Financial Corporation in Burlington. His experience also includes serving as a Tax Associate at BNY Convergex Group and BDO USA, LLP of Boston.

Mr. Gniadek holds a Bachelor of Science in Business Administration from Bryant University in Smithfield, RI and a Master of Science in Taxation from Northeastern University in Boston. He is a member of the American Institute of Certified Public Accountants (AICPA) and Massachusetts Society of Certified Public Accountants (MSCPA).

He is a resident of Braintree, MA. In his free time, he enjoys playing hockey and golf.

For three consecutive years, Rodman & Rodman has been named one of the “Best Accounting Firms to Work For” in Accounting Today.

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. 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 clients throughout the U.S.  The company is Green Business Certified. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Daniel J. Gniadek, CPA, MST Joins Rodman & Rodman P.C. of NewtonRead More

Newton Tax Firm Outlines Sales Tax Holiday Rules for August 16th & 17th

Thomas Astore CPA JD
Thomas Astore CPA JD

Rodman & Rodman, P.C., an independent accounting and tax firm based in Newton, MA, outlines the rules that will be in effect for Massachusetts’ Sales Tax Holiday Weekend on August 16-17, 2014.

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

Rodman & Rodman outlines items that are eligible as well as those that are excluded from the Sales Tax Holiday:

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) is 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 specific tax questions contact Rodman & Rodman, P.C. at (617) 965-5959.

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

Newton Tax Firm Outlines Sales Tax Holiday Rules for August 16th & 17thRead More

Rodman & Rodman P.C. Expands their Renewable Energy and Cleantech Specialty Practice

Rodman & Rodman, P.C., an independent accounting and tax firm based in Newton, MA, has promoted and appointed several staff members to their Renewable Energy and Cleantech specialty practice, known as the “Green Team”, which serves clients throughout the U.S.

Mark Vitello
Mark Vitello, CPA
Elysha IMG_5237finLPcrop-214x300
Elysha Sturm
Kathy-B-IMG_5905FinlpCropped-for-web
Katherine Bautze

Katherine Bautze has been promoted to Marketing Director for the Green Team and will develop and implement communications programs that manage the company’s Renewable Energy and Cleantech specialty brand. She will oversee all marketing efforts and external vendors. Previously, she held the position of Marketing Coordinator. Ms. Bautze has more than 20 years of administrative, bookkeeping and managerial experience. She earned a Bachelor of Arts in English from Massachusetts College of Liberal Arts in North Adams, MA, and is a resident of Sudbury, MA.

Mark Vitello, a Certified Public Accountant, has been promoted to Supervisor at Rodman & Rodman and will provide specialized tax advisory services and business strategy to small and medium sized companies. He will serve as the marketing lead on Rodman’s Green Team responsible for building the firm’s brand and client base among companies and organizations involved in renewable energy, cleantech, and energy efficiency. Previously, he held the position of Senior Accountant for two years, and prior to that, Staff Accountant for almost four years. Mr. Vitello holds a Bachelor of Science in Accounting and Information Systems as well as a Master of Accounting and Information Systems (MACIS) at Virginia Polytechnic Institute and State University’s Pamplin College of Business in Blacksburg, VA. He is a member of the Massachusetts Society of CPAs (MSCPA) and he resides in Wellesley, MA.

Elysha Sturm, Staff Accountant, has been appointed to the Green Team and will provide accounting and tax service to renewable energy and cleantech companies across the U.S. She holds a Bachelor of Science in Accounting from Suffolk University and is in the process of pursuing a Master’s degree in Taxation from Suffolk University as well as CPA certification. Ms. Sturm often speaks to undergraduates about career planning and is leading volunteer community outreach initiatives among Rodman staff. She is a member of the Massachusetts Society of CPAs (MSCPA) and resides in Foxboro.

For three consecutive years, Rodman & Rodman has been named one of the “Best Accounting Firms to Work For” in Accounting Today.

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. 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 clients throughout the U.S.  The company is Green Business Certified. For more information, email info@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.

 

Rodman & Rodman P.C. Expands their Renewable Energy and Cleantech Specialty PracticeRead More

Ann Reading Joins Rodman & Rodman, P.C.

Ann Reading, a resident of Wayland, has joined Rodman & Rodman P.C., a firm of Certified Public Accountants and business strategists catering to clients throughout New England. Ms. Reading has been appointed as Administrative Assistant and will work at Rodman & Rodman’s Newton office.

In her new position, Ms. Reading will be responsible for office administration as well as billing, tax return assembly, deposits, ordering and more. Previous to Rodman & Rodman, Ms. Reading spent nine years working in the Service Department at Lee Imported Cars of Wellesley. She is a graduate of Dover-Sherborn High School.

For more information about Rodman & Rodman, visit rodmancpa.com.

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. 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, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Ann Reading

Ann Reading Joins Rodman & Rodman, P.C.Read More

Rodman & Rodman PC Warns Taxpayers that “Use Tax” Audits are on the Rise

Taxpayers may be subject to Massachusetts “Use Tax” on out of state purchases even though they are not required to file sales tax returns.

Rodman & Rodman Certified Public Accountants and Business Strategists alerts taxpayers to a significant rise in use tax audits. Massachusetts has stepped up enforcement and collection efforts, including tax audits, on taxpayers who purchase assets (such as computers, furniture and equipment) from out of state vendors.

In many cases auditors are assessing use tax for up to six years prior. This can lead to a substantial assessment as Massachusetts can impose not only the use tax but penalties and interest as well.

The law requires that taxpayers pay a Massachusetts use tax (similar to a sales tax) on the purchase of out of state items if the vendor does not collect Massachusetts sales tax and the item is used in Massachusetts.

The most typical instance of this usually involves a taxpayer purchasing computers from an out of state vendor and using such equipment in Massachusetts.

It is important to review your records for these types of expenditures, complete the appropriate use tax form available on the Massachusetts Department of Revenue website and pay the necessary tax.

Rodman & Rodman recommends that taxpayers file a use tax form even if they owe no tax as it reduces the risk of an audit. Additionally, a filed use tax return starts the clock running on the statute of limitations.

According to Thomas Astore, Tax Director at Rodman & Rodman, “Generally, the state can assess use tax for three years; however, the statute of limitations remains open indefinitely if you do not file the necessary tax returns. We recommend that you consult your tax advisor if you have questions.”

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.

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 Certified Public Accountants are located at 3 Newton Executive Park in Newton and 25 Braintree Hill Office Park in Braintree, Mass. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

Rodman & Rodman PC Warns Taxpayers that “Use Tax” Audits are on the RiseRead More