Unleash the Power of The Press

tax

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

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

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

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

Rodman & Rodman CPA Firm Promotes Thomas H. Astore, CPA, JD to Partner

Thomas Astore, CPA, JD

Rodman & Rodman, P.C. , a CPA firm providing tax advisory services and business strategies for small and mid-size companies throughout New England, is pleased to announce that Thomas H. Astore has been promoted to Partner.

Astore brings over 20 years of experience to Rodman & Rodman’s Tax Department. He joined Rodman & Rodman in July of 2008 as Tax Manager and was promoted to Tax Director in April of 2009.

Astore graduated from Hofstra University, cum laude, and Fordham Law School, cum laude, where he was a member of the Law Review. He has extensive experience in many areas of taxation. Most recently, he has focused on business structuring for medium-sized clients; individual and entity tax planning as well as estate planning.

He also oversees the Rodman & Rodman Green Team, the firm’s specialty practice dedicated to providing alternative energy producers and other businesses that pursue energy efficiency initiatives with expert counsel and services in green energy tax accounting and business strategy.

A native of Long Island, Astore resides in Burlington, MA.

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 CPA Firm Promotes Thomas H. Astore, CPA, JD to PartnerRead More

ARC of Greater Plymouth’s Holiday Party a Great Success

More than 60 families attended the recent Children’s Holiday Party for members of ARC of Greater Plymouth. The event, which was sponsored by Damon, Topham & Company, the CPA firm and 2011 FIVE STAR Wealth Managers based in Marshfield, was held at the Tavern on the Green in Marshfield.

This is the 12th consecutive year that Damon, Topham & Company has sponsored this fun-filled event for children nine years of age, their siblings and parents/caregivers.

The children enjoyed a wonderful meal and gifts presented to them by Santa. Jon Manning from the Marshfield Kiwanis club volunteered as Santa for the evening. After dinner, Ryan Racette, otherwise known as “Big Ryan”, a local Plymouth storyteller, entertained the children with his charming dog puppets, songs and dances. For the third consecutive year, Borders book store in Kingston donated books to be given to the children as well.

According to Jill O’Reilly, Community Support Coordinator at ARC, “The ARC party is a safe environment for the children and a setting where they can be themselves. We heard parents comment on how this year’s party was one of the best ones we’ve held.”

“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 children.”

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. Damon, Topham & Company has been named a 2011 FIVE STAR Wealth Manager, as published in Boston Magazine, 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.

ARC of Greater Plymouth’s Holiday Party a Great SuccessRead More

Rodman & Rodman Honors their Golden Anniversary with Donation to YMCA Camp

Steve Rodman, CPA, MST, President

Rodman & Rodman, P.C. , a CPA firm providing tax advisory services and business strategies for small and mid-size companies throughout New England, is celebrating the company’s 50th anniversary in 2011. The company had planned a golden anniversary gala in Boston this holiday season to celebrate this momentous event, but instead decided a donation to the Old Colony YMCA’s Camp Clark would be the best celebration of all.

Rodman & Rodman has been a long-time supporter of Camp Clark, an Old Colony YMCA sponsored recreation camp for children in Plymouth, MA. “Camp Clark has a strong tradition of encouraging the physical and emotional growth of its campers,” said Steve Rodman, president of Rodman & Rodman, P.C. “We are delighted to continue our support for this organization with a contribution in honor of our 50th anniversary and continued success.”

In addition to Camp Clark, Rodman & Rodman’s good works include donations and participation in events to support The Massachusetts Adoption Resource Exchange (MARE). MARE was founded in 1957 to find “a permanent place to call home” for children and teens in foster care in Massachusetts, including sibling groups and children who are traditionally harder to place.

About Camp Clark

Serving more than 111,000 people 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 & 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.

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 Honors their Golden Anniversary with Donation to YMCA CampRead More

Damon, Topham & Company Promotes Mark J. Diodati, CPA to Audit Supervisor

Mark J. Diodati CPA
Damon, Topham & Company, LLC of Marshfield, a full service multi-disciplined firm of Certified Public Accounts, providing accounting, taxation, business development and financial services, has recently promoted Mark James Diodati, CPA to Audit Supervisor.

In his new role, Mr. Diodati will be responsible for managing projects, the budget and accounting staff. He will also oversee tax research, review tax returns and resolve complex tax and audit issues.

For two years previous, Mr. Diodati held the position of Senior Accountant at Damon, Topham & Company. He is a graduate of Thayer Academy High School in Braintree and holds a Bachelor of Science in Accounting and Finance from Northeastern University. He received a Master’s degree in Accounting from Northeastern University as well. He is a Massachusetts Certified Public Accountant and a member of the Massachusetts Society of Certified Public Accountants (MSCPA).

“Mark’s expert technical knowledge and analytical skills coupled with his ability to successfully manage a cohesive team made him the ideal candidate for Audit Supervisor,” noted John Topham, CPA, CVA, founding partner of Damon, Topham & Company.

About Damon, Topham & Company
Damon, Topham & Company, LLC, are Certified Public Accountants and Business Development Advisors. Damon, Topham & Company was named as 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.

Damon, Topham & Company Promotes Mark J. Diodati, CPA to Audit SupervisorRead More

Rodman & Rodman Announces QuickBooks Seminars in Newton and Braintree

Rodman & Rodman, P.C. , providers of accounting, tax and business services to small and medium-sized companies throughout New England, is offering four QuickBooks seminars at their Newton and Braintree locations.

Kathy Parker, CPA, MST, Partner; Bonnie Stockdale, Accountant and Leah Schlegelmilch, CPA at Rodman & Rodman are Certified ProAdvisors of QuickBooks and will lead the seminars.

The “Learning QuickBooks Step-By-Step” Beginners Seminar is geared towards individuals with little or no experience working with QuickBooks or those wishing to brush up on the basics.
This class will be held:
In Newton on Tuesday, October 18th, from 9:00 a.m. to 4:00 p.m. at Rodman & Rodman’s office, 3 Newton Executive Park, Suite 101.
In Braintree on Tuesday, November 1st from 9 a.m. to 4 p.m. at Rodman & Rodman, Braintree Hill Office Park, 2nd Floor Conference Room.

The “Learning QuickBooks Step-By-Step” Advanced Seminar is geared towards business owners who handle their books and want to ensure they keep them accurately; bookkeepers looking to sharpen their skills and learn the latest tips & tricks and businesses considering automating their accounting to the #1 accounting software in the world. This class will be held:
In Newton on Thursday, October 20th from 9:00 a.m. to 4:00 p.m. at Rodman & Rodman’s office, 3 Newton Executive Park, Suite 101.
In Braintree on Thursday, November 3rd from 9 a.m. to 4 p.m. at Rodman & Rodman, Braintree Hill Office Park, 2nd Floor Conference Room.

Investment is $250 per class and includes course materials. Lunch will also be provided.
Seating is limited. Reserve your seat by contacting Ann Reading at 617-965-5959 or email ann@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 for the second consecutive year 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.

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

Rodman & Rodman Announces QuickBooks Seminars in Newton and BraintreeRead More

Rodman & Rodman CPA Firm Named a “2011 Best Accounting Firm to Work For”


CONTACT: Steven V. Dubin, PR Works, (781) 582-1061, sdubin@prworkzone.com

Rodman & Rodman CPA Firm Named a “2011 Best Accounting Firm to Work For”

DATELINE: BRAINTREE AND NEWTON, MASS…
For the second consecutive year, Rodman & Rodman, P.C. , providers of accounting, tax and business services to small and medium-sized companies throughout New England, was recently named as one of the 2011 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. Rodman & Rodman has been named one of the Best Accounting Firms to Work for in the small sized company category.

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.

“We’re proud to have been acknowledged with this honor,” said Steve Rodman, president of the firm. Rodman & Rodman has also been named as one of the Top 50 Firms by the Boston Business Journal.

The ranking of the 4th annual Best Accounting Firms to Work for will be unveiled at an awards ceremony sponsored by ADP during Accounting Today’s 2nd Annual Growth & Profitability Summit on October 25th – October 27th at the Bellagio Hotel & Casino in Las Vegas. The list-making firms will also be published in the December issue of Accounting Today.

For more information on the Best Accounting Firms to Work for program, visit www.BestAccountingFirmstoWorkfor.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. 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 greenteam@rodmancpa.com, visit their website at www.rodmancpa.com or contact (617) 965-5959.
###

Rodman & Rodman CPA Firm Named a “2011 Best Accounting Firm to Work For”Read More

Rodman & Rodman President Named to NECA’s Renewables and Distributed Generation Committee

Steve Rodman CPA, MST
Steve Rodman, CPA, MST, president of Rodman & Rodman, P.C. has recently been named to the Northeast Energy and Commerce Association’s (NECA) Renewables and Distributed Generation committee. NECA is a 900 member strong, non-profit trade association serving the electric power industry. It has eight standing committees and the Renewables and Distributed Generation committee is dedicated to increasing awareness of the benefits of renewable/clean energy and to facilitating growth of the industry in the Northeast.

Rodman & Rodman is a CPA firm with offices in Newton and Braintree that specialize in tax expertise and business strategy for small and medium sized companies throughout New England and beyond. The firm has a dedicated “Green Team” Renewable Energy and Clean Technology Practice, where Mr. Rodman is a client advisor and advocate in the provision of expert green energy tax advisory, accounting services, and business strategy for alternative energy producers and investors through all stages of their project and business life cycle.

Rodman & Rodman’s Green Team offers its services for companies in the biomass, wind, solar, geothermal, landfill gasses, municipal solid waste, hydroelectric and hydrokinetic sectors of the renewable energy industry. They also assist start-up projects with the Section 1603 program.

“NECA’s mission is to ‘promote greater understanding of the benefits of the competitive energy marketplace’ and our Green Team’s mission is similar,” said Steve Rodman. “ We provide the much needed specialized green energy and clean technology accounting and tax services to businesses that pursue energy efficient initiatives as well as alternative energy production.”

Mr. Rodman is also 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 a member of the New England Clean Energy Council.

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

Rodman & Rodman President Named to NECA’s Renewables and Distributed Generation CommitteeRead More