State Nonresident Withholding Taxes: What you and Your Stakeholders Need to Know

By Wiss, Posted in Tax Services

By Mark Feldstein  No one likes to receive a bill for taxes, penalties and interest from a state where they’ve never lived — especially without a clear understanding of why they are receiving it. But if your company has stakeholders who aren’t domiciled in the states your business operates in, your company may be required to pay nonresident taxes on their behalf. If you’re not aware of nonresident withholding taxes and how they work, you could end up with confused, angry share... read more.

The Best Accounting Software Platforms for Growing Contractors

By Wiss, Posted in Construction

By Tim Kennedy  As a part of the accounting team of a small construction company, you likely use QuickBooks as your accounting software. It’s affordable, intuitive and user-friendly.If your needs are still simple — you’re in the growth stage and generating a few million dollars in annual revenue — QuickBooks provides a reliable platform to manage your accounting needs. QuickBooks is at its best, handling simple cash inflows and outflows (rent, utilities, insurance, vehicles, p... read more.

Know Your NYC Zoning Regulations to Discover the Value of Your Property

By Wiss, Posted in Real Estate

By Kyle Pennacchia If you’re a property owner in New York City, knowing your local zoning regulations and how it applies to your property is extremely important. People often think that only developers need a good working knowledge of the regulations, but that’s simply not true. Even if you purchased (as opposed to constructed) your current building and have no inclination to undergo construction or alterations of any kind, knowledge of the regulations can pay off if you are ever given an offer... read more.

Expanding Your Connections: A Professional's Guide to Fearless Networking

By Wiss, Posted in Getting Hired 101

By Danielle Patton In the current competitive job market, it takes more than a polished resume and exceptional interpersonal skills to attain a desired occupation. One method of emerging from the frenzied job pool is to network, a vital tool that can amplify business opportunities and shape lasting partnerships. By staying active through routine communication with contacts, blossoming ideas and novel perspectives can swiftly arise. So how can you cultivate a robust professional network? Use these guidelin... read more.

How to Foster Employee Motivation and Engagement

By Wiss, Posted in Workplace Culture

Intrinsic and extrinsic drivers of employee motivation and how they shape employee engagement  By Kim Bustamante “Highly engaged employees make the customer experience. Disengaged employees break it.” -Timothy R. Clark When you think about the most passionate people you work with, who comes to mind? Employees who seek to continually learn new things? Drive innovation? Take on additional responsibilities? These are your most engaged workers. They drive the organization forward and build y... read more.

How Cloud-Based Accounting Systems Benefit Food and Beverage Retailers

By Wiss, Posted in Food & Beverage

By Paul Lembo Food and beverage retailers recognize the cloud as an important digital resource for IT, security and internal and external communications. But when it comes to critical accounting services, many clients in this industry don’t think of cloud computing as an applicable solution.  Cloud computing is any hosted network services provided through the Internet and not housed on your own servers or mainframes. Accounting software can be delivered in the same way to help businesses stream... read more.

Differences Between Employees and Independent Contractors for ACA Purposes

By Wiss, Posted in Advisory Services

By Jim Gerhard Businesses have long utilized independent contractors as a means of leveraging the highly trained services of other professionals. Independent contractors provide their own tools, training and expertise. This saves the hiring company the cost of teaching someone how to do the job.. When the work is done, the hiring company simply pays the agreed-upon fee, and both parties go on their way. But are contractors always independent? The Affordable Care Act has given this already important questi... read more.

How the Food Safety Modernization Act will Affect the Food and Beverage Industry

By Wiss, Posted in Food & Beverage

Each year, approximately 48 million Americans get sick, 128,000 are hospitalized and as many as 3,000 die as the result of foodborne diseases. To better protect consumers, the U.S. Food and Drug Administration (FDA) has brought sweeping reforms to the country’s food safety laws under the Food Safety Modernization Act (FSMA). Signed into law in 2011 and going into full effect in 2016, the FSMA requires American food and beverage producers to be more proactive in preventing foodborne illness and outbre... read more.

In Pursuit of Top Talent in the Digital Era

By Wiss, Posted in Human Resources

By Lisa Calick Remember what recruiting talent was like during the Great Recession? In 2008 and 2009, hiring topnotch professionals involved little more than spreading the word among your staff and waiting for choice candidates to roll in. Fast-forward several years, and recruiting young, bright employees is markedly more difficult. The job market has rebounded over the last five years, recruitment tools have evolved and younger job candidates are using new media to access job information. As an HR specia... read more.

Acing your CPA Exam (with Help from a few Professionals)

By Wiss, Posted in Getting Hired 101

By Carson Bigsby, Connor Doyle and Erin Silkowski Strategies to help you prepare for test day As three accounting professionals who have recently passed the CPA exam, we understand the stress that comes with preparing for the test. You may be struggling to balance studying with a job and your personal life, putting in long days and late nights as you count down to test day. Here are some planning strategies we learned as we studied and prepared for the exam that can make this prep time easier.  Kno... read more.