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Waltham Accountant Receives CPA Certification and Promotion

Rodman CPAs, a full service tax and accounting firm serving small, mid-market, and multi-generational companies throughout the greater Boston area, recently announced that Syed Hussain Ahmed has received certification as a Certified Public Accountant and has been promoted to Senior Tax Associate.

As a CPA and Senior Tax Associate, Ahmed is responsible for preparing individual and entity tax returns and identifying tax-planning opportunities. He specializes in high net worth individual, partnership, S-corp and C-corp taxation.

A resident of Natick, MA and a native of Pakistan, Ahmed joined Rodman CPAs in 2013 as a Staff Accountant. He holds a Bachelor of Commerce degree with an Accounting Concentration from the University of Karachi in Karachi, Pakistan. Mr. Ahmed also earned a Bachelor of Science in Accounting and Finance as well as a Graduate Certificate in Accounting from Bridgewater State University.

Ahmed has successfully completed the Uniform Certified Public Accountant (CPA) Examination developed by the American Institute of Certified Public Accountants (AICPA). He has passed the CPA Exam and fulfilled all of Massachusetts’ licensing requirements.

In addition, Ahmed participates in Rodman CPAs outreach initiatives, such as volunteering to serve lunch at Rosie’s Place and volunteering for a spring landscaping project at Camp Clark, an Old Colony YMCA sponsored recreation camp for children in Plymouth.

Named one of the largest accounting firms in Massachusetts by the Boston Business Journal, Rodman CPAs now has 13 CPAs at their firm.

About Rodman CPAs

Rodman CPAs provides tax advisory, accounting, and business strategy to small and mid-sized emerging and established businesses. Named 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, visit http://www.rodmancpa.com or contact (617) 965-5959.

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Rodman CPAs Promotes Kate Doherty to Senior Accountant

Kate Doherty
Kate Doherty

Rodman CPAs, a full service tax and accounting firm serving small, mid-market, and multi-generational companies throughout the greater Boston area, has promoted Kate Doherty to Senior Accountant. Ms. Doherty is a resident of Bridgewater, MA.

Ms. Doherty joined Rodman CPAs in 2013 as a Staff Accountant. In her new role as Senior Accountant, she will work with small business clients across a range of industries. In addition to her work on audits, reviews and compilations, Ms. Doherty will provide controller services, and QuickBooks consulting, support, and training.

An active team leader, Ms. Doherty will continue to coordinate and oversee new employee training as well as co-chair the firm’s Volunteer Outreach Team, spearheading firm-wide initiatives that give back to the community.

Ms. Doherty holds a Bachelor of Science in Accounting and a Master of Business Administration (MBA) from Salve Regina University in Newport, RI. She is a member of the Massachusetts Society of Certified Public Accountants (MSCPA) and American Institute of Certified Public Accountants (AICPA).

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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Rodman CPAs Talk Tax Incentives, Renewable Energy Investment At Lexington Wealth Management

Rodman-Logo-DigitalRodman CPAs, a full service tax and accounting firm with a Renewable Energy and Cleantech specialty practice known as the “Green Team”, recently outlined renewable energy federal and state incentives and investment opportunities during a presentation to Investment Advisors at Lexington Wealth Management, a boutique independent wealth management firm in Lexington, MA.

Thomas Astore, CPA, JD, partner and Mark Vitello, CPA, Supervisor at Rodman CPAs, led the Lunch & Learn presentation on green energy investment and tax incentives. During the discussion, the team provided an overview of renewable energy sources (Solar, wind, anaerobic digestion, biomass/waste to energy, hydro and geothermal) and outlined the Investment Tax Credit (ITC), Residential Renewable Energy Tax Credit and Production Tax Credit (PTC) federal incentives. They also discussed Solar Renewable Energy Credits (SRECs) state incentives, and various ways to invest in renewable energy projects, which included partnership flip, sale leaseback and other options.

This presentation was part of a collaborative effort between the two firms. Rodman CPA’s presentation was geared toward highlighting one of the firm’s niche markets and demonstrating both the team’s expertise and passion in this area. Rodman CPAs continues to look for opportunities to meet with strategic partners in order to provide excellent service to clients.

“Lexington is fortunate to have such a collaborative relationship with Rodman and benefit from their expertise. As more of our clients focus on green initiatives, it is important to understand the variety of tax incentives and opportunities available in the renewable energy space,” said James Hastings, CFP®, Advisor at Lexington Wealth Management.

Green Energy Experts

Rodman CPAs’ Green Team is comprised of the firm’s president Steve Rodman, CPA, MST, and partners Kathy Parker, CPA, MST and Tom Astore, CPA JD, along with Elysha Sturm, Senior Accountant and Mark Vitello, CPA, Supervisor. The firm is a charter member of the Mass Solar Coalition, as well as a member of Northeast Sustainable Energy Association (NESEA), New England Clean Energy Council (NECEC) and Solar Energy Industries Association (SEIA).

To schedule a speaking engagement, contact Rodman CPAs at (617) 965-5959.

About Lexington Wealth Management

Lexington Wealth Management is a boutique, fee-only, independent wealth management firm that goes beyond the constraints of traditional wealth management to help clients connect the head and the heart of wealth management as they face important decisions in life. Based in Boston, the firm is nationally recognized for helping clients get to the five percent of what really matters most in life. For more information call (800) 626-1566 or visit www.lexingtonwealth.com.

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 www.rodmancpa.com or contact (617) 965-5959.

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Waltham Based CPA Firm Rebrands and Announces New Name and Logo

RodmanCPAs Partners_MG_1692 copyThe Waltham, MA-based full service tax and accounting firm known as Rodman & Rodman P.C. has rebranded and officially announced their new company name, Rodman CPAs, and unveiled a new firm graphic identity.

The firm has rebranded to better reflect the firm’s growth, expertise, and comprehensive accounting and tax solutions for clients in a range of industries, including alternative energy.

Steve Rodman CPA, MST, the firm’s president, and partners Kathy Parker CPA, MST and Tom Astore CPA, JD, engaged the marketing and branding expertise of Hailer Marketing Associates and Paris Design to assist with refreshing the firm’s brand.

Initially, the Rodman team was simply looking to update their website after relocating from Newton (where they had been located for two decades) to University Office Park in Waltham. The new 8,500 square foot Waltham office nearly doubled the firm’s space and supported Rodman CPAs’ growth, while enabling them to expand their offerings and provide on-site educational and networking capabilities.

The decision to rebrand came about from a perceived need to reposition Rodman CPAs in the general marketplace – which encompassed the firm’s name change, a better definition of their scope of services, updated messaging, and the development of brand pillars and a positioning statement. All which is reflected through the new name, graphic identity, taglines, collateral, and (soon to be launched) new website.

“One of the first things that we discovered in this process was that no one referred to the firm as Rodman & Rodman P.C. The name by which they were already known and referred to in the industry was Rodman CPAs,” explained Elizabeth Hailer, who managed the rebrand project. “The relocation provided a great opportunity for the firm to transform the new space with the new brand.”

In phase one of the rebrand process, Hailer Marketing reviewed Rodman CPAs’ key priorities and conducted independent research on their market and brand, which included surveying several  constituents as well as key stakeholders. A competitive analysis and internal business strategy and assessment were completed. Phase two of the process involved developing the brand pillars, messaging and positioning statement based on the data, and collaborating with Paris Design in the build out of the firm’s identity and visuals to communicate the brand.

Rodman-Logo-DigitalThe firm’s newly designed “Rodman CPAs” graphic identity represents change and growth, while highlighting their focus on alternative energy. The “O” in Rodman uses a simple, yet refined visual that is not only memorable, but reflects how the firm helps clients perform and succeed during each stage of their business lifecycle, as does the logo tagline “Collaborative Approach. Practical Advice.”

“The process of rebranding, which involved an in-depth analysis of our goals, messaging and company culture, has taken us full circle and set us on our future path. Our enhanced brand reflects our commitment to being a strategic partner to our clients through a collaborative approach and practical advice,” explained Steve Rodman.

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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Damon, Topham & Company Announces New Website

DamTopLogoDamon, Topham & Company, a leading accounting, tax and consulting firm based in Marshfield and serving the South Shore community, has recently launched a new generation of their website, damtopcpa.com.

Damon Topham’s new website, now in its third generation, has been completely redesigned by MediaRight Technologies of Hanover, expert developers of lead generation websites for service companies.

The new mobile-responsive site was developed with the latest web design technique, parallax scrolling, where the background moves at a slower rate to the foreground. This concept enables visitors to simply scroll the first page to learn Damon Topham’s whole story and the top reasons to utilize the firm’s services. The clean, well thought out design, which includes landscape imagery from Massachusetts, gives the tax and accounting firm’s website depth and warmth, while creating a memorable experience for visitors.

New and improved components include an informative blog, newsroom, video and newsletter opt-in, as well as menu links that are clear and available.

“We are very pleased with the sleek new design, which is bold, clean and extremely user-friendly. Navigation is much easier and gets users to our content faster. Our new site does a tremendous job communicating who we are and what sets our firm apart,” explained John Topham, founding partner.

About Damon, Topham & Company

Damon, Topham & Company is a full service multi-disciplined firm that has been serving the South Shore for three decades. The firm provides accounting, audit and tax services as well as litigation support services, bookkeeping and payroll tax services, management advisory services, personal financial planning, and estate/trust tax preparation.

Damon, Topham’s philosophy is to blend the technical, practical and business approach in each and every engagement. This means that in addition to providing clients superior services, the team often recommends improvements for more efficient operation, stronger financial structure and improved accounting and administrative controls.

Damon, Topham’s founding partner John Topham CPA discusses a wide range of tax related topics as a co-host on Attorney Mark Greene’s “So What About That Law!” radio show on WATD 95.9 FM on the fourth Sunday of every month. Damon, Topham & Company, LLC, is located at 475 School St., Suite 8, Marshfield, MA. For more information, visit www.damtopcpa.com.

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Rodman CPAs’ Kathy Parker Outlines Federal Incentives at SBA 504 Green Commercial RE Seminar

Kathy Parker, CPA, MST
Kathy Parker, CPA, MST

Kathy Parker, CPA, MST, a partner at Rodman CPAs and an active leader of the company’s Renewable Energy and Cleantech specialty practice known as the “Green Team”, outlined federal incentives during a well-attended presentation at the SBA 504 Green Commercial Real Estate Seminar held last month at TD Bank Burlington.

Ms. Parker was an expert program presenter along with John Konevich, TD Bank’s SBA Lending Division and Eric Adams, Sales Manager, Bay Colony Development. The seminar was geared towards business owners interested in owning a building rather than leasing space, as well as for those who already own a building but who are looking for a source of capital and/or tax benefit in order to improve its energy efficiency.

Ms. Parker spoke about green energy federal incentives and tax implications, including new tax extenders for 2016, the Investment Tax Credit (ITC), and Business Energy Investment Tax Credit, Passive Activity Loss, depreciation and tax equity.

“There are a number of tax implications with the federal incentives, in particular with ITC as it has been modified,” explained Ms. Parker. “This seminar provided business owners with a thorough overview of tax credits and tax equity structure, as well as criteria for begun constructions, other tax incentives and the outlook for 2017.”

Green Energy Speaker

Ms. Parker is a recognized expert in renewable energy accounting and has been a guest speaker and panelist at renewable energy conferences and financial forums throughout the U.S., including the National Conferences in California and the American Biogas Conference in Ohio. She is available to speak to alternative energy producers, businesses and other audiences that pursue energy efficiency initiatives. Potential topics include: Green energy tax and business strategies for solar, wind, biomass, and cleantech companies; commercial and residential energy efficiency investments; the types of state and federal tax rebates available for various green energy initiatives; and the newly developed incentives and assistance programs geared towards accelerating the growth of solar energy infrastructure to mitigate climate change.

About Rodman CPAs

Founded in 1961, Rodman CPAs has been named one of Accounting Today’s Best Accounting Firms to Work for, and also named one of the largest accounting firms in Massachusetts by the Boston Business Journal. Rodman CPAs provides accounting, tax and business services to small and medium-sized companies throughout New England and beyond. The team specializes in improving business performance, business processes, operations, information technology, finance, and change navigation. Rodman CPAs provides companies with a sustainable financial roadmap through expert partnership/ corporate structuring for optimal tax benefit; grant qualification assistance and auditing; ongoing advisory services for federal, state and local tax incentives; and strategic financial planning and management.

The firm has a specialized renewable energy and clean technology accounting and tax services practice, known as the “Green Team” which serves renewable energy clients throughout the U.S. The company is Green Business Certified. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

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Marshfield CPA Talks Taxes on WATD

John Topham CPA
John Topham CPA

John Topham, CPA, a founding partner of Damon, Topham & Company, tax specialists based in Marshfield, MA, recently co-hosted on Attorney Mark Greene’s “So What About That Law!” show on WATD 95.9 FM and shared timely tax tips with the audience.

On the fourth Sunday of every month, Topham discusses a wide range of tax related topics with Greene, who is Principal Attorney at Mark Greene & Associates Attorneys & Family Counselors of Hanover, MA.
Below, Topham shares timely tax filing tips:
Beware of tax scam telephone calls and emails from those claiming to be from the Internal Revenue Service. These scammers may be very convincing and may even have your personal information such as the last four of your social security number and birthdate. Do not give out or confirm any personal information. Hang up immediately.
Be aware that tax laws are always changing from year to year (and the IRS’ 2015 Tax Guide – Publication 17 is 288 pages long). If a taxpayer is preparing his own tax return, then he should make sure he is aware of any changes.
Taxpayers filing electronically should make sure it is done over a secure portal.
This year’s filing deadline is April 19, 2016. Make every effort to file on time. One advantage to filing on time is that the statue of limitations on the IRS auditing you begins once you file. After three years, the return is closed (unless it’s fraud or beyond the normal audit procedure).
Taxpayers have until April 19, 2016 to contribute to an IRA for 2015. However, make sure that the contribution is coded (by the institution) for 2015; otherwise it is applied as a 2016 contribution.
Be sure to retrieve pertinent documents online from issuers, including 1098T for college students; 1099s for independent contractors; as well as any interest statements from financial institutions.
Those who owe tax and need an Extension of time to file their return, may file for an extension, but MUST also make a tax payment (which should be estimated by the taxpayer’s accountant) in order to avoid an underpayment penalty.
Those who are unable to make a payment should still file their return ON TIME in order to avoid a late filing penalty. If you fail to file on time and fail to make a payment, you will incur penalties for both late filing and underpayment.
The IRS ONLY contacts taxpayers by MAIL. To learn more about tax scams and how to spot them, visit www.irs.gov.
In the Broadcast Booth
Topham’s upcoming broadcasts are March 27th, April 24th, May 22nd and June 26th. Missed a show? Visit Mark Greene’s broadcast booth on his website at http://www.markgreenelaw.com/broadcast-booth.
About John Topham
Topham is a CPA registered in Massachusetts, and head of the Business Development team. He is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants. He has been the financial editor for the “New England Movers Magazine” and has authored numerous other articles. He holds a Bachelor of Science degree in Accountancy from Bentley College.
About Damon, Topham & Company
Damon, Topham & Company is a full service multi-disciplined firm that has been serving the South Shore for three decades. The firm provides auditing, accounting and taxation services as well as business valuation, estate, individual and corporate tax planning, advisory services and financing solutions. Damon, Topham’s founding partner John Topham CPA discusses a wide range of tax related topics as a co-host on Attorney Mark Greene’s “So What About That Law!” radio show on WATD 95.9 FM on the fourth Sunday of every month.  Damon, Topham & Company, LLC, is located at 475 School St., Suite 8, Marshfield, MA. For more information, visit www.damtopcpa.com.

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Rodman CPAs Offer QuickBooks Tips for Year-End

Rodman CPAs Certified QuickBooks ProAdvisor team
Rodman CPAs Certified QuickBooks ProAdvisor team

Tax season is in full swing, which means it’s a time of reconciliation for small business owners and bookkeepers utilizing QuickBooks software.

To help QuickBooks users through the process, the Certified QuickBooks ProAdvisor team at  Rodman CPAs, a full service tax and accounting firm catering to small and medium-sized companies throughout the greater Boston area, shares highlights from their recent “Preparing for Year-End” QuickBooks seminar.

During the 90-minute seminar held in their Waltham office classroom, Rodman’s QuickBooks ProAdvisors led attendees through a comprehensive year-end checklist. Six key steps of the reconciliation process are outlined below:

1. Cash – Reconcile final bank statements. Review old outstanding checks and deposits.

2. Accounts Receivable – Ensure all 12/31/15 invoices are entered. Review outstanding receivables for uncollectible accounts and write offs. Review negative accounts receivable. Review over 90 days to determine if additional collection efforts are needed. Review undeposited funds to ensure transactions are current.

3. Accounts Payable – Ensure all 12/31/15 vendor bills are posted. Review accounts payable aging for negative or old accounts payable.

4. Credit Cards – Ensure all credit card activity is entered through 12/31/15 for both cash and accrual basis taxpayers. Reconcile credit card activity.

5. 1099s – Review 1099 vendor information to make sure it is complete. Review name, address, tax ID, 1099 coding in QuickBooks. Review QuickBooks mapping of expense accounts for 1099 tracking. Ensure W-9s are on file for all vendors.

6. Loans/Other Liability accounts – Reconcile loans to year-end statements/amortization schedules. Ensure principal and interest expense are properly recorded. Ensure other liability accounts are reviewed and reconciled to backup.

“These are just a few of the steps in the final reporting and closing process that must be completed to ensure everything is in order prior to tax filing,” explained Kathy Parker CPA, partner and Certified QuickBooks ProAdvisor.

To learn more about Rodman CPAs’ upcoming QuickBooks seminars or to download a copy of the “Preparing for Year-End” checklist, visit www.rodmancpa.com.

Rodman CPAs has been a member of the QuickBooks ProAdvisor Program since 1999 and has provided hundreds of small to mid-size companies with training and consulting. The firm’s Certified QuickBooks ProAdvisors team, which includes Kathy Parker CPA, Leah Shanahan CPA, Janine O’Connor EA, and Christine McGoldrick, provides superior services and expertise to meet the accounting software installation, setup, and training needs of businesses.

About Rodman CPAs

Founded in 1961 and named one of Accounting Today’s Best Accounting Firms to Work for, Rodman CPAs provides accounting, tax and business services to small and medium-sized companies throughout New England and beyond. The team specializes in improving business performance, business processes, operations, information technology, finance, and change navigation. Rodman CPAs provides companies with a sustainable financial roadmap through expert partnership/ corporate structuring for optimal tax benefit; grant qualification assistance and auditing; ongoing advisory services for federal, state and local tax incentives; and strategic financial planning and management.

The firm has a specialized renewable energy and clean technology accounting and tax services practice, known as the “Green Team” which serves renewable energy clients throughout the U.S. The company is Green Business Certified. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

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Emily Schmidt Joins Rodman CPAs as Staff Accountant

Rodman EmilyRodman CPAs, a full service tax and accounting firm catering to small and medium-sized companies throughout the greater Boston area, has recently appointed Emily Schmidt as a Staff Accountant. Ms. Schmidt is a resident of Framingham, MA.

In her new role at Rodman CPAs, Ms. Schmidt will be responsible for tax preparation and financial statement reviews. A recent graduate, Ms. Schmidt holds a Bachelor of Business Administration in Accounting from the Isenberg School of Management at University of Massachusetts Amherst. She will sit for the CPA exam this May.

Ms. Schmidt’s experience includes two seasons of tax preparation at GW & Wade, a private wealth management firm in Wellesley. She also volunteered at Isenberg School of Management’s Volunteer Income Tax Assistance (VITA) program for two tax seasons, the first year as a preparer and second year as an administrator helping to run the program. Ms. Schmidt received recognition from VITA for an increase in the number of tax returns prepared over the entire year.

Ms. Schmidt is a member of the Massachusetts Society of CPAs (MSCPA) and is a volunteer for The Hunger Project. She is a native of Wellesley, MA.

About Rodman CPAs

Founded in 1961 and named one of Accounting Today’s Best Accounting Firms to Work for, Rodman CPAs provides accounting, tax and business services to small and medium-sized companies throughout New England and beyond. The team specializes in improving business performance, business processes, operations, information technology, finance, and change navigation. Rodman CPAs provides companies with a sustainable financial roadmap through expert partnership/ corporate structuring for optimal tax benefit; grant qualification assistance and auditing; ongoing advisory services for federal, state and local tax incentives; and strategic financial planning and management.

The firm has aspecialized renewable energy and clean technology accounting and tax services practice, known as the “Green Team” which serves renewable energy clients throughout the U.S. The company is Green Business Certified. For more information, visit their website at www.rodmancpa.com or contact (617) 965-5959.

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