Unleash the Power of The Press

taxes

Larry Rice, CPA of Rodman & Rodman Speaks to Town of Barnstable Employees & Boston Students

Larry Rice, CPA, Director of Strategic Consulting of Rodman & Rodman P.C., a firm of Certified Public Accountants and business strategists catering to clients throughout New England, recently spoke to Barnstable government employees including town employees, teachers and administrators, in a day-long seminar held at the town library.

Rice, an expert speaker whose most recent appearances include segments on New England Cable News (NECN), spoke about individual taxes, new laws, opportunities regarding deductions and the tax benefits of saving for college with Cape Cod employees.

Last week, Rice spoke to students at North Bennet Street School in Boston about starting their own business and the tax ramifications.

As a knowledgeable and “easy to understand” source, Rice has served small business for 25 years and appeared on NECN, Bloomberg TV’s Small Business Program, CN8 Money Matters, WBZ Radio, WROL’s “About the House” and countless other programs and publications.

Rice is available for speaking engagements. Dedicated to helping businesses and individuals achieve their short and long term goals, Rice can share his knowledge on a variety of topics including:

Individual Tax Strategies

New Tax Laws & their Impact on You and Your Business

10 Successful Business Strategies

Diagnosis of a Sales Call

Competing in your Market – Do you base it on Price?

Creating a Turnkey Business

Perceived Indifference – Are your customers really buying based on price?

Managing Your Cash Flow

Small Businesses Need To Be Strategic Too

Internal Controls and The Small Business

Why Every Business Should Know Its Conversions

Business Is Like Football

Referrals – The Easiest Way To Grow Business

To schedule Larry Rice, CPA as a speaker, contact Jen Reading at Rodman & Rodman, (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. 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.

Larry Rice CPA

Larry Rice, CPA of Rodman & Rodman Speaks to Town of Barnstable Employees & Boston StudentsRead More

Rodman & Rodman shares “Top 10 Things Your Accountant Wants to Tell You”

FOR IMMEDIATE RELEASE

Larry Rice, CPA

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

Local CPAs Share the “Top 10 Things Your Accountant Wants to Tell You”

DATELINE: BRAINTREE AND NEWTON, MASS… As tax season commences, Rodman & Rodman P.C., CPAs and Business Strategists with offices in Braintree and Newton, shares the “Top 10 Things Your Accountant Wants to Tell You” to make filing taxes easier on both the tax payer and the CPA.

Take heed:

1)If your accountant sends you a tax organizer to complete and send in, don’t concern yourself so much with filling in the numbers. Just be sure to answer the questions in the organizer and provide the necessary documents. Answering the questions may raise an issue of importance that needs addressing.

2)Send in your information when you have MOST of it, not all of it. Indicate what is missing and get it in when you have it. Waiting until the last document is received puts more time pressure on your CPA to get more done in less time.

3)Notes are helpful. Anything which helps clarify an issue or that may be a question about an issue, helps.

4)Please be sure to confirm any estimated taxes you paid during the year. This is probably the area where the most misunderstandings occur and mistakes are made.

5)Don’t overvalue your clothing donations. There are guides available to help you value these items. Just because a sweater cost you $100, it doesn’t mean it is worth $50 or more to the homeless gentleman who is grateful to wear it. This is an issue of IRS interest. If you get audited, they’ll be looking at these donations, so be conservative.

6)Extending your return does not make it more likely to be audited. If you know you won’t have it together before April 15th, let your CPA know as soon as possible so an extension can be prepared well ahead of the deadline. Extending early takes significant pressure off everyone involved.

7)Make sure your CPA is aware of major events that could affect your taxes as far ahead of that event as possible. In many cases, once that event passes, the ability to take best tax advantage of it passes with it.

8)Missing documents cost time and money. Keep a folder, envelope or file for documents of a tax nature. When in doubt, put it in this folder and send it. While accountants aren’t crazy about shoe boxes full of receipts, having 30 percent of your information missing is a time killer.

9)If you buy and sell stock during the year, be sure to include a gain or loss schedule on these stocks sold. You may have to ask your broker for that information or oftentimes a schedule is available online.

10)The IRS almost never communicates with taxpayers except through official, mailed correspondence. Never respond to a phone inquiry or email inquiry without contacting your CPA first. You could be at risk for identity theft as theives posing as the IRS will try to obtain your social security number by phone or email.

According to Larry Rice, CPA, Director of Strategic Consulting at Rodman & Rodman, “Many of these tips may seem too simple to make a difference, but essentially, they do. A lot of time is wasted when your accountant has to double back and hound you for additional detail or receipts. Decent record-keeping and good communication are key for smoother and more efficient tax filing all around.”

Rodman & Rodman, P.C.

Founded in 1961, Rodman & Rodman, P.C. provides accounting, tax and business services to individuals anbd small to medium-sized companies throughout New England. 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 has achieved the designation of “Green Certified Business” from the Institute for Green Business Certification, Inc. (IGBC), demonstrating their outstanding commitment to the environmental health and well-being of the communities they serve. The company has taken the lead in Recycling,Water Conservation, Energy Conservation, Waste Reduction, and Environmentally Friendly Purchasing as well as the environmental elements of the EPA and OSHA regulations.

Additionally, Rodman & Rodman has been listed in the Top 50 Firms by the Boston Business Journal and named one of the “Best Accounting Firms to Work For” in Accounting Today.

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 shares “Top 10 Things Your Accountant Wants to Tell You”Read More

“5 Ways for Business Owners to Save Taxes in 2010” Seminar on December 1st in Newton

It has been a tough year for many business owners. Rodman & Rodman, P.C., Certified Public Accountants and Business Strategists will offer a complimentary “5 Ways for Business Owners to Save Taxes in 2010” Seminar on Tuesday, December 1st, from 7:30 a.m.- 9:30 a.m. at their Newton office located at 3 Newton Executive Park.

With the new administration in Washington, D.C., a number of tax changes have come about which bring both opportunity and challenge. Tom Astore, Tax Director at Rodman & Rodman, P.C. will provide business owners with five can’t-miss strategies for 2010.

A tax question and answer session will follow, so be prepared to take advantage of the latest tax laws. Topics to be covered include:

  • Future tax rates, ordinary and capital gains
  • 2010 IRA to Roth conversions
  • Business and individual energy tax incentives
  • A complete update on 2009 tax legislation and potential legislation that may impact 2010 and beyond
  • The future of the Estate Tax and gifting

There is no cost to attend.  This program is provided as an educational opportunity.

To register, contact Jen Minor at 617-965-5959 or email at jen@rodmancpa.com.

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.

“5 Ways for Business Owners to Save Taxes in 2010” Seminar on December 1st in NewtonRead More

Damon, Topham & Company Celebrates 10th Anniversary

Damon, Topham & Company, LLC of Marshfield, a full service multi-disciplined firm of Certified Public Accountants, providing accounting, taxation, business development and financial services, recently celebrated their 10th anniversary with a reception for more than 75 clients and friends held at the Kingsbury Club, Kingston, Mass.

 

“Ten years seems like a lofty milestone, but our unique and daily challenges have made the time pass quickly,” noted Michael Damon, founding partner and Pembroke resident.  John Topham, the other founding partner and a Marshfield resident, added, “We’ve seen many changes in 10 years.  Transformations have ranged from online tax filing, new tax statutes, new channels for building a business. What hasn’t changed is person to person communication paves the way for business success.”

 

The firm employs 12 professionals.

 

About Damon, Topham & Company

Damon, Topham & Company, LLC, Certified Public Accountants and Business Development Advisors, has twice been named as one of the Boston Business Journal’s “Top 50 Accounting Firms”.

 

Utilizing the “Damon, Topham Advantage”, the firm goes well 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.

 

Damon, Topham & Company, LLC offices are located at 475 School St., 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 Celebrates 10th AnniversaryRead More