New Jersey news

Practice

ParenteBeard Combines with Presscott Associates

ParenteBeard LLC, a top twenty-five, US accounting firm, and Presscott Associates, Ltd., a prominent health care management consulting firm, announced they have combined practices as of December 31, 2012.
Practice

Tinari Economics Group and Sobel & Co. Team Up

Sobel & Co., a CPA firm in the New Jersey/New York marketplace, and Tinari Economics Group (TEG), with offices in New Jersey and New York, announced TEG has joined Sobel & Co. as a wholly owned subsidiary.
Tax

Rapper Fat Joe Takes the Rap with the IRS

Like so many celebrities, the rap star who calls himself Fat Joe got behind on his taxes. But unlike many famous tax deadbeats, he's willing to take responsibility for his own blunder instead of blaming his handlers or lashing out at authorities.
Tax

Crime Watch: December 19, 2012

Yikes. If convicted on all counts of fraud and for filing false claims for tax refunds, former New Jersey chiropractor David Moleski faces a maximum potential sentence of 318 years in prison.
Community News

Accountant Questioned in Newtown Killings

December 14 probably started like any other workday in the life of a young accountant. Ryan Lanza was at his desk when the horrifying news came that a man had burst into Sandy Hook Elementary School and opened fire on children and adults.
Tax

Crime Watch: December 12, 2012

A New Jersey CPA was sentenced to fifty-four months in prison for a $500 billion fraud scheme. In addition to his prison term, he was sentenced to three years of supervised release and ordered to pay $43,582,699 in forfeiture.
Education & Careers

Wealth Management Firm Meets Needs of LGBT Clients

Christopher Street Financial, a New York-based wealth management firm, was founded in 1981 when Bob Casaletto, a gay man who worked at Merrill Lynch, realized that the financial needs of people in his community weren't being met.
Tax

Crime Watch: December 7, 2012

Today's tax crime cases include that of a Florida man, who filed four tax returns requesting over $1.5 million in federal refunds, and is now facing a possible twenty-three-year prison sentence.
Tax

IRS Provides Additional Relief to Hurricane Sandy Victims

Following recent disaster declarations for individual assistance issued by the FEMA, the IRS announced November 2, 2012, that affected taxpayers in Connecticut, New Jersey, and New York will receive tax relief.
Tax

Tax Court: CPA Is Whistling in the Wind

The IRS recently told a CPA to "put his whistle away" because he wasn't entitled to a reward for turning in a fraudulent taxpayer. Now the Tax Court has upheld the IRS' decision in a new case of first impression.
Community News

AGA Trenton Chapter Seminar Postponed

The fall seminar - "New Jersey: Business and Finance on the Move" - scheduled for November 2, 2012, has been postponed due to the effects of Hurricane Sandy.
Practice

Weathering Sandy: Advice, Assistance, Notifications from CPA Societies and Others

Post-Sandy, CPA societies, government offices, and other organizations are providing information and resources to assist those impacted by Hurricane Sandy. We will keep you updated as news comes in.
Practice

Company Announcements: Week of October 29, 2012

Following is the latest roundup of community news for the week of October 29, 2012.
Education & Careers

Minority Accounting Students Awarded Scholarships

Ronald Dukes is one of just eighty-four accounting students from across the United States who have been awarded the 2012-2013 AICPA Scholarship for Minority Accounting Students by the AICPA Foundation.
Education & Careers

Intuit Indexes Show Small Business Growth Slowing

Results of the monthly Intuit Small Business Revenue and Employment indexes are in. They show revenue in August declined for the sixth consecutive month, and employment continued to grow slowly in September.
Education & Careers

Olympians, Deloitte Carry Torch of Leadership

Several Olympians and Paralympians are still carrying the spirit of leadership and inspiration to college campuses across the country this fall, thanks to the "It's Your Race, Take the Lead!" road show sponsored by Deloitte and the USOC.
Practice

The Rise in Pregnancy Disability Regulations

Disability claims are always challenging for employers, but this is especially the case when pregnant workers suffer complications that leave them unable to perform their normal job duties.
Community News

J.H. Cohn Donates $110,000 to Make-A-Wish

At its 11th annual employee Bowl-A-Thon benefiting Make-A-Wish, J.H. Cohn LLP raised more than $110,000. In a span of eleven years, the firm has raised over $1.25 million for Make-A-Wish.
Practice Development

NJ Awards EisnerAmper Grant to Create Jobs

Companies in New Jersey that are interested in applying for the state's business tax incentives and grants may want to consult EisnerAmper, a New York‒based accounting firm that maintains four locations in New Jersey.
Community News

J.H. Cohn Donates $150,000 to Kids' Charities

J.H. Cohn LLP donated a total of $150,000 to two Cohn for Kids‒supported charities at its twenty-first Annual Charity Golf Invitational held June 11.

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