Unleash the Power of The Press
Tune in – Thomas Astore, CPA, JD, tax director of Rodman & Rodman will discuss employee benefits and taxes as a special guest of Patrick J. Haraden, principal of Longfellow Benefits,
on “McNamara On Money” on WATD 95.9 FM in Marshfield, Mass., on Saturday, Feb. 19, from 8:30 to 10:30 a.m. The show also will be broadcast live on the Web at www.959watd.com.
Thomas Astore, CPA, JD, Tax Director of Rodman & Rodman on WATD-FMRead More
Larry Rice, CPA with Rodman and Rodman of Newton and Braintree, Massachusetts explains what the IRS is doing.
View the show – http://bit.ly/gLEqLT
Damon, Topham & Company, LLC of Marshfield, a full service multi-disciplined firm of Certified Public Accounts, providing accounting,auditing, taxation, business development and financial services, has recently appointed Anthony Anchukaitis, CPA, CFP, PFS as Director of Tax.
In his role, Tony will be full responsible for the Tax Department. His responsibilities will encompass the management of all personnel, administrative and compliance, issues relating to tax matters. He will oversee and review the preparation of all returns along with tax consultation and tax research services.
Tony advises high net worth individual clients, their businesses and families and works closely in providing tax, personal financial planning for these individuals and their closely held businesses, both in the domestic and international tax areas.
Previous to joining Damon, Topham & Company, Tony held a position Director of Tax for American Express Tax and Business Services and Tax Service Partner for BDO Seidman, LLC.
Tony is a graduate of Bentley College. He is a member of the American Institute of Certified Public Accountants (AICPA), Massachusetts Society of Certified Public Accountants (MSCPA), and the MSCPA’s Tax Committee. Tony resides in Wrentham, MA and is a Walpole, MA native.
About Damon, Topham & Company
Damon, Topham & Company, LLC, Certified Public Accountants and Business Development Advisor, has twice been named as one of the Boston Business Journal’s “Top 50 Accounting Firms.”
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 for you, your business and your family. A full service multi-disciplined firm, Damon, Topham & Company has been serving the South Shore for over 20 years.
Damon, Topham & Company, LLC offices are located at 475 School Street, Suite 8 in Marshfield and at 21 Custom House Street, Suite 910 in Boston.
For more information contact (781) 837-1993 or visit the company’s website at www.damtopcpa.com.
Damon, Topham & Company Appoints Anthony Anchukaitis, CPA, CFP, PFS as Director of TaxRead More
The ARC of Greater Plymouth members in need will be getting a helping hand with holiday grocery costs. Damon, Topham & Company, LLC of Marshfield is underwriting the cost of 40 gift cards valued at $25 each.
“The holiday season reminds us to be grateful for what we have and to share that bounty,” noted John Topham, co-founder of Damon, Topham & Company, LLC. He added, “Once again we are working with the ARC of Greater Plymouth to brighten the lives of neighboring families.”
Founded in 1966, the ARC of Greater Plymouth is a private, non-profit membership organization for people with mental retardation and related developmental disabilities and their families. The organization serves Carver, Duxbury, Halifax, Hanover, Hanson, Kingston, Marshfield, Pembroke, Plympton and Plymouth. For more information, visit their website at www.thearcofgp.com or contact 508-732-9292.
About Damon, Topham & Company
Damon, Topham & Company, LLC, are Certified Public Accountants and Business Development Advisors. 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 for you, your business and your family. 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.
Holiday Help on the way for ARC of Greater Plymouth members in needRead More
Rodman & Rodman P.C., located in Braintree and Newton, was recently named as one of the 2010 Best Accounting Firms to Work for. The annual list of “Best Accounting Firms” was created by Accounting Today and Best Companies Group.
This survey and award program was designed to identify, recognize and honor the best places of employment in the accounting industry, benefiting the nation’s economy, its workforce and businesses. The Best Accounting Firms to Work for list is made up of a total of 100 companies, split into three groups: 45 small-sized companies (15-49 employees), 45 medium-sized companies (50-249 employees) and 10 large-sized companies (more than 250 employees). Rodman & Rodman has been named one of the Best Accounting Firms to Work for in the small category.
To be considered for participation, companies had to fulfill the following eligibility requirements:
– Be a for-profit or not-for-profit business;
– Be a publicly or privately held business;
– Have a facility in the United States;
– Have at least 15 employees working in the United States;
– Must be in business a minimum of 1 year;
– Be an accounting firm.
Accounting firms from across the country entered the two-part survey process to determine the Best Accounting Firms to Work for. The first part consisted of evaluating each nominated firm’s workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top firms and the final ranking. Best Companies Group managed the overall registration, survey and analysis process and determined the final rankings.
The ranking of the 3rd annual Best Accounting Firms to Work for will be unveiled at an awards ceremony during Accounting Today’s Growth & Profitability Summit on November 17th at the Wynn Resort in Las Vegas. The list-making firms will also be published in the December 13th issue of Accounting Today.
For more information on the Best Accounting Firms to Work for program, visit www.BestAccountingFirmstoWorkfor.com.
Rodman & Rodman has also been named as one of the Top 50 Firms by the Boston Business Journal.
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 offices in Newton and Braintree, Rodman & Rodman focuses on strategic planning – going beyond traditional accounting services and taking a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth.
Rodman & Rodman P.C has been listed in the Top 50 Firms by the Boston Business Journal. 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 Named Best Accounting Firm to Work ForRead More
Rodman & Rodman P.C., with offices in Braintree and Newton, has recently launched their new website – www.Rodmancpa.com.
Rodman & Rodman’s sleek new website, which was built in WordPress, is intuitive and very user friendly. Website visitors can quickly learn all about the company, their services and their team. Rodman & Rodman’s website is packed with resources which include an online tax guide and document retention guide. White papers and QuickBooks guides are available on the site as well. A frequently updated blog provides the latest news and tips on taxes, legislation, 401K and more. A Calendar of Events page enables visitors to easily view upcoming seminars and other events and RSVP online through the automated system.
“Our new website has all the bells and whistles needed to provide the most up-to-the-minute information and resources to site visitors. It streamlines the response process by enabling visitors to RSVP to one of our many complimentary seminars online. Or, visitors can take advantage of our comprehensive tax, Quickbooks and strategic business information online. Our new site was built to be extremely user-friendly, but in addition to that, SEO and lead generation were key elements we wanted to focus on.
We’re very pleased with the results,” noted Larry Rice, CPA and Director at Rodman & Rodman, P.C.
Fresh Tilled Soil (freshtilledsoil.com) a Boston web design and development firm specializing in UI web design & WordPress CMS site design and development, was the website architect.
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 offices in Newton and Braintree, Rodman & Rodman focuses on strategic planning – going beyond traditional accounting services and taking a proactive approach when serving clients to increase, preserve and sustain clients’ financial net worth.
Rodman & Rodman P.C has been listed in the Top 50 Firms by the Boston Business Journal. 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.
Newburg & Company, LLP, one of the leading CPA firms in the New England area providing tax and accounting services for businesses and high net worth individuals, has recently relocated their corporate office from Wellesley to the state-of-the-art Waltham Woods Corporate Center located at 890 Winter Street, Suite 208 in Waltham.
Newburg & Company joins fellow tenants Microsoft, Atlas Ventures, Avaya and others in the 180,000 square foot building, occupying 11,520 square feet of first class office space, which is almost twice the size of their previous space.
“The new space positions us for continued future growth, while offering a more collaborative workspace that will further enhance the client experience,” noted Howard M. Newburg, Managing Partner at Newburg & Company, LLP. The company has expanded to 27 employees.
Newburg & Company has been providing comprehensive tax, accounting and consulting services to businesses and individuals for more than 25 years. The firm experienced significant growth over the last three years which led to the need for additional space. Newburg’s staff has grown to a total of 27 professionals and the company is in the process of recruiting additional CPAs.
About Newburg & Company, LLP
Founded in 1984, Newburg & Company, LLP is a full-service CPA firm providing tax planning, tax compliance, audit/accounting services, business valuation, and other management advisory services such as forensic accounting and litigation support. Newburg’s expert team of Certified Public Accountants (CPAs), Certified Valuation Analysts (CVAs) and Chartered Financial Analysts (CFAs) provide comprehensive services to a wide range of clients including businesses and high net worth individuals. They have a diverse client base and industry experience in areas such as high tech, retail , restaurant, manufacturing, distribution, bio-tech, condo associations and other industries.
The Company is headquartered at 890 Winter Street, Suite 208 in Waltham. For more information, contact (781) 884-4100 or visit the website at www.newburg.com .
Rodman & Rodman, P.C., a firm of CPAs and Business Strategists based in Newton and Braintree, provides insight on the Hiring Incentives to Restore Employment (HIRE) Act, that carries hiring incentives and stimulus measures.
Last month, President Obama signed into law H.R. 2847, otherwise known as the HIRE Act.
Rodman & Rodman outline what the act means to employers who hire qualified unemployed workers:
Under the HIRE Act, employers are exempt from paying the employer share of Social Security employment taxes on wages paid in 2010 to newly hired, qualified unemployed workers. The payroll tax relief applies only for wages paid with respect to employment beginning March 19th and before 2011. There are stipulations though. It applies to workers who: (1) begin employment with the employer after February 3, 2010 and before January 1, 2011; (2) were previously unemployed and; (3) do not replace other employees of the employer.
Employers will receive an up-to-$1,000 tax credit for retaining qualified unemployed workers. The workers must be employed by the employer for a period of not less than 52 consecutive weeks, and their wages for such employment during the last 26 weeks of the period must equal at least 80% of the wages for the first 26 weeks of the period.
For tax years beginning in 2010, the Act boosts to $250,000 the maximum amount that can be expensed under Code Sec. 179, and boosts to $800,000 the beginning of the investment based phaseout amount.
The Act allows issuers of certain tax credit bonds to elect to receive a direct payment instead of a tax credit to the bondholder.
The Act enacts a comprehensive set of measures to reduce offshore noncompliance.
HIRE Act also delays the application of worldwide allocation of interest for an additional three years.
Large corporations should be aware that the HIRE Act tinkers with their estimated tax payments in future tax years.
Rodman & Rodman advises employers to check with their accountant(s) to ensure they have a thorough understanding of the provisions of the new law. To speak with a CPA at Rodman & Rodman,
contact 617-965-5959.
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 CPAs Provide Insight on Recent HIRE ActRead More
Can a smaller business make the mistakes that behemoths Chrysler and GM did? According to Larry Rice, CPA who is Director of Strategic Consulting at Rodman & Rodman Certified Public Accountants and Business Strategists, small businesses can certainly make those mistakes, just on a smaller scale.
According to Rice, “Many of the problems that plague huge multinational corporations are often the same problems entrepreneurial-type businesses face. We can see on a national basis what happens when businesses take their eye off the ball. Small businesses cannot afford to make these mistakes…there’s no government bail-out for small business.”
Rice offers small businesses owners tips on how to grow and flourish as the market recovers:
Always be aware of your competitors and their plans. Many of the problems that Chrysler and GM face today could have been avoided with an aggressive plan to address their Japanese competitors 30+ years ago. By not addressing costs, quality and management/labor relations aggressively, they left the door open for foreign competition to get a foothold that should have been much more difficult to obtain. Small business owners MUST periodically (at least annually) sit down and do a competitive analysis of your industry. Look at your competitors’ advantages and determine whether you need to do something now to address it. If you have lost business to your competition, find out exactly the reason they left. Do NOT assume you know why, ask them directly if possible. If you hear a trend of reasons, you better take action quickly.
Project your cash flow. What’s the difference between GM and Chrysler and Ford (who did not have government intervention)? Ford better understood the predicament it was in from a cash flow perspective more than two years ago. At that time, Ford mortgaged everything for cash in what it saw then as a fight for long-term survival. Nothing is certain moving forward, but Ford has thus far weathered the storm, while making small market share gains and important investments in new vehicles and technology which will keep the business moving forward. As a small business owner, it’s important to project cash flow forward, at least six months, and update your cash flow projection monthly, so that you will have an early warning system in place to help you take steps to avoid the catastrophe of running out of money.
Your team is not your enemy. Animus between management and labor has only recently been turned around in the automobile industry so that everyone has begun working together towrard common goals. They still have a long way to go, which only proves that implementing a management-by-fear-and-intimidation ideology (or for that matter letting your employees run the place) will get you nowhere. Often, it is your non-skilled employees who will come up with the best ideas on how to improve business processes. Treat them poorly and you’ll get nothing beyond the bare minimum of effort. Small business owners take heed and include your team in strategy sessions and obtain feedback from them constantly.
Perception is reality. It’s imperative for small business owners to understand customer perception because that is the reality of your relationship with them. If it is good, you can ask for referrals and ask them to buy more and so on. If it is poor, you must begin to repair that perception with some excellent reality. But, first, feedback must be solicited from them. This can be done via personal conversations, surveys (preferably anonymous to get the greatest amount of truth), customer advisory boards, any number of methods. Americans perceive things about American maker vehicles which are no longer true in many cases. Certain American cars have equal and in some cases better quality construction than their foreign competitors. As you can see, it has been very difficult for American makers to get that message across. Small business owners need to communicate positively, proactively and frequently with customers. This enables you to shape their perceptions and avoid being a business victim.
Rice is a CPA and business development guru who works with a wide range of small to mid-sized businesses at Rodman & Rodman. Rice’s expertise lies in profit improvement strategies, performance measurement, information system analysis and improvement as well as strategic visioning and planning. He is dedicated to helping businesses achieve their short and long term goals. He has been featured on Bloomberg Radio, CN8-TV and other media outlets.
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
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