Tag Archives: Corporate

Articles, Blog, Tax

CORPORATE TRANSPARENCY ACT IMPOSES NEW BENEFICIAL OWNERSHIP INFORMATION REPORTING OBLIGATIONS

Effective January 1, 2024, U.S. and foreign entities doing business in the U.S., may be required to disclose information regarding their beneficial owners to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement is being implemented under the beneficial ownership information (BOI) reporting provisions of the Corporate Transparency Act (CTA) passed by Read More…

Articles, Blog, Home Page Blog Post, Legal, Manufacturing & Distribution, Professional Services

2023 YEAR-END GUIDE – CORPORATE AND M&A

Corporations face a variety of unique tax rules and challenges – from the new alternative minimum tax and excise tax on stock repurchases to special limitations on deductions and losses, as well as complex tax rules when buying or selling a business. To minimize taxes payable, corporations should strive to identify and plan for tax Read More…

Articles, Blog, Construction, Manufacturing & Distribution, Professional Services

THE STAKEHOLDER VALUE MANDATE

From stakeholder buy-in to supply-chain transparency and beyond, companies across the globe face a variety of challenges when developing and implementing ESG (environmental, social, and governance) strategies. But this has not deterred CEOs from incorporating ESG principles into their core business strategy, embracing corporate visions that: Deliver long-term value for all stakeholders; Contribute to the betterment of Read More…

Articles, Blog, Construction, Home Page Blog Post, Manufacturing & Distribution, Professional Services

IS IT TIME TO RECONSIDER THE DECISION TO BUY OR LEASE EQUIPMENT?

Given the historically low interest rate environment in which we find ourselves, most business owners in capital intensive industries will be impelled to explore their options when it comes to obtaining new equipment. Whether it’s best to use lease financing or purchase equipment outright depends on multiple factors including (but not limited to) the type Read More…

Articles, Blog, Construction, Manufacturing & Distribution, Nonprofit Organizations, Professional Services, Specialized Industries, Tax

EIGHT KEY TAX PLANNING OPPORTUNITIES FOR BUSINESSES IN 2019

More than a year after sweeping federal and state tax reform were enacted, businesses of all sizes are still wrapping their arms around the changes. Additional guidance and regulations have been issued nearly every month—indeed, change is the new normal. Strategic tax planning now is key to lowering businesses’ total tax liability. Read on for Read More…

Blog, Construction, Manufacturing & Distribution, Nonprofit Organizations, Professional Services, Specialized Industries, Tax

NEW JERSEY FY 2019 BUDGET – TAX CHANGES

Governor Murphy and the NJ Legislature have agreed to a $37.4 billion budget for FYE 2019, thereby averting a government shutdown.  Tax highlights of the budget bill include: Individual income tax provisions Increase the limit on deductions for property tax from $10,000 to $15,000. Increase the earned income credit from 35% to 40% of the Read More…