How Key Advisors Can Work Together to Benefit the Family BusinessAugust 10, 2017
If your family business has achieved any measure of success, you already know that it couldn’t be accomplished without the assistance of one or more trusted business advisors, such as an attorney or a CPA. To ensure continued success for the next generation and beyond, your key advisors should be called upon to work together …
Succession Planning for Construction ContractorsJuly 27, 2017
Construction contractors are among the hardest-working professionals in the workforce. Between the physical labor and the organizational demands of running your business, succession planning can easily fall by the wayside if you don’t make a concerted effort to plan for the future. The construction industry is also changing dramatically due to politics, adding yet another layer …
Considerations for Family BusinessesJune 6, 2017
By: Lynn A. Conover, CPA, CFBA, The Curchin Group, LLC Article Credit: Shore Builders Association Bulletin Board Magazine Family businesses are found in virtually every sector of the world’s economies. In fact, they are considered the most common form of organization. A family business can range from a small mom and pop business to large …
1031 Exchange: What You Need to KnowMay 24, 2017
An April 2017 article in Financial Planning suggests that 1031 exchanges are becoming increasingly popular, thanks to a rise in property prices. As more property owners seek to take advantage of like-kind exchanges under IRS Code Section 1031, here’s what you need to know: Benefits of a 1031 Exchange A 1031 like-kind exchange allows …
Companies that Care: The Curchin Group named a “Champion of Good Works” by the Commerce and Industry Association of New Jersey (CIANJ)May 16, 2017
The Curchin Group was named a “Champion of Good Works” by the Commerce and Industry Association of New Jersey (CIANJ) at its Fourth Annual Chairman’s Reception, honoring the philanthropic efforts of the local business community. With over 40 sponsors, the widely-supported event catered to over 260 business executives in attendance at the gala reception at …
Is Your Personal Information Secure?April 5, 2017
The Internet is amazingly convenient, but with its many benefits comes a level of risk. Cyber attacks pose a constant threat to businesses and individuals alike, with “phishing” being one of the most common types of cyber crime. What is Phishing? Phishing gets its name from the hook-and-reel kind of fishing you do on a …
State of New Jersey Tax Legislative Update For 2017March 8, 2017
By: Edward P. Rigby, CPA, The Curchin Group, LLC Article Credit: Shore Builders Association of Central NJ, Inc. On October 14, 2016, New Jersey Governor Chris Christie signed into law P.L. 2016, Chapter 57 which included a number of New Jersey tax law changes. In addition to raising the state’s petroleum products gross receipts …
Will Small Business Owners See Relief in Tax Reform?March 8, 2017
By: Peter Pfister, CPA While President Trump and Treasury Secretary Steven Mnuchin continue to push for sweeping tax reform, small business owners anxiously await the relief that could be on the way. Either Trump’s plan or the House Ways and Means Committee’s “Blueprint” would offer significant benefits to America’s 28 million small businesses. Trump recently …
Curchin Managing Partner, Bob Fouratt Presents at New Jersey Credit Union League ‘Inspire 16’ ConventionJanuary 6, 2017
Credit union leaders, board members and professionals gained a world of insight from exhibitors at the New Jersey Credit Union League (NJCUL) 2016 Annual Meeting & Convention (“Inspire 16”), hosted at the Golden Nugget in Atlantic City Oct. 16-18. Curchin Managing Partner, Bob Fouratt, who has been attending NJCUL’s Annual Meeting and Convention for 35 …
Year-End Audit Preparation: 5 Quick TipsDecember 8, 2016
Year-end audit preparation is often synonymous with stress, but it doesn’t have to be. When managed properly, your annual audit can be minimally invasive of your time. Here are five simple things you can do to help your year-end audit go smoothly so that you can focus on other priorities and enjoy the holidays. 1. …