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.

Using Tax Certiorari to Challenge New York City Tax Assessments

By TMurante, Posted in Tax Services

By Kyle Pennacchia Do you feel that your latest New York City real estate tax assessment was unjustified? If so, you have a strong tool for challenging unfair assessments: a Tax Certiorari. The Certiorari is a classification of challenges that property owners can make before the city’s Tax Commission as the aggrieved party in an assessment. Parties can include real estate developers, landlords and individuals with a financial or other specified interest in the property.  There are several grou... 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.

IRS Phone Frauds Echo into the New Year

By TMurante, Posted in Data Security

Magnifying the communication scam nightmare As tax season prepares for launch, countless Americans are at climbing risk for falling victim to unsolicited telephone calls, texts, and emails from individuals falsely claiming to be Internal Revenue Service and Treasury workers. Though phone scams have progressively been ceaseless year-round, the Treasury Inspector General for Tax Administration (TIGTA) is careful to stress this particular year as prey to the greatest attack ever beheld. Each month, thousand... 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.

Reduce Year-End Accounting Woes with these End-of-Month Closing Best Practices

By Wiss, Posted in Advisory Services

By Felice Rudolph One of the best ways to alleviate end-of-year financial stress is by being more proactive in your monthly closing process. The trick to keeping procrastination at bay throughout the year is to make your monthly closings more productive and predictable. Follow these tips to stay on track each month.  Set and maintain a schedule. When your staff knows that the final Friday of the month (or whichever date you set) is close time, it becomes a structured part of the schedule. An official... read more.

12 Days of Giving - Day 12: NJSCPA

By Wiss, Posted in Wiss Gives Back

NJSCPA is highlighted in Day 12 of the #12DaysofGiving Celebration. Wiss is proud to highlight this organization that assists the needs of Garden State CPAs and striving CPAs. The NJSCPA strengthens its members through a variety of education, networking, leadership and volunteer opportunities. NJSCPA the largest professional organization, made up of 15,000 members. They organize the Young CPAs kickball tournament annually to collect donations to benefit The Valerie Fund. The Valerie Fund's mission is... read more.