Wiss Blog - Wiss & Company, LLP

Healthcare Organizations: Ask These Questions Before You Pursue an M&A Transaction

Written on June 30, 2022. Posted in Healthcare.

Written by Matthew Barbieri and Michael Castle. Your guide to making sure your transaction decisions are what’s best for your business M&A remains a key growth strategy in 2022, with more than one in five healthcare CFOs (22%) planning to pursue M&A this year, according to the 2022 BDO Healthcare CFO Outlook Survey. With high valuations and uncertainty around future market trends, it’s important that healthcare organizations carefully consider if an M&A deal is the right...

Wiss launches strategic partnership with non-profit Strong Girls United Foundation

Written on June 24, 2022. Posted in Partnerships.

Today marks the 50th anniversary of the passage of Title IX. The law, best known for its role in gender equity in athletics, was signed by President Nixon on June 23, 1972. The law forbids discrimination based on sex in education, and despite its age remains a vital piece in the ongoing push for equality, extending to other forms of gender and sex discrimination. As a firm that works with companies at every stage of their growth to help them overcome challenges, we’ve developed...

Construction Ahead: Opportunities and Challenges in 2022

Written on June 22, 2022. Posted in Construction.

CONSTRUCTION AHEAD: OPPORTUNITIES AND CHALLENGES IN 2022 The Infrastructure Investment and Jobs Act (H.R. 3684) will inject approximately $3 trillion into upgrading and expanding U.S. infrastructure, presenting a long horizon of opportunity for the construction industry. But to what extent will ongoing supply chain disruption, labor shortages and competition for materials continue to pose challenges for developers and project owners? Investors, project owners and other stakeholders...

Welcome to Wiss HQ!

Written on June 14, 2022. Posted in Wiss Gets Personal.

At Wiss, we’re rooted in accounting, but our focus is on elevating others and helping our clients succeed. That’s why when we moved into our new *office location in Florham Park, we purposefully created a more modern design space that would help us achieve our mission to serve and support others. Upon entering the office, you’re greeted by a reception desk that sits in front of a wall of stacked...

Candidate & Employer Interview Tips

Written on May 23, 2022. Posted in Uncategorized.

By Kevin Kurtz, Practice Leader, Recruiting I am wishing the LinkedIn Community a wonderful start to the week. Today’s view from atop the Recruiting Soapbox will offer some helpful thoughts and observations for candidates and clients. Since I recruit both for Wiss and our clients, I can offer a unique perspective. Candidates: Your resume is your golden ticket! It is what the Recruiter/Hiring Manager sees first and will determine if you receive an interview (not the ATS the...

ASC Topic 842 & Government Contracting

Written on May 17, 2022. Posted in General Business, State & Local Tax Services, Tax.

By Jeremy Higginson, CPA Government contractors breathed a collective sigh of relief when the Financial Accounting Standards Board (FASB) pushed back the deadline for private companies and nonprofits to comply with new lease accounting rules in April 2020. Accounting Standards Codification (ASC) Topic 842, also known as Accounting Standards Update (ASU) 2016-02, Leases is now applicable for the fiscal year and interim periods beginning after Dec. 15, 2021. Topic 842 applies to both...

New York City Salary Transparency Law Amendment

Written on May 16, 2022. Posted in Human Resources.

by Lisa Calick As announced in our earlier blog, earlier this year legislation was passed requiring New York City employers with four or more employees to include salary ranges in job postings beginning this month. Employers who have dreaded this mandate can breathe a temporary sigh of relief due to a recent amendment which has now been signed by Mayor Eric Adams. The New York City Council had recently passed an amendment to the pay transparency law which was set to go into effect...

Pursuing the American Dream

Written on May 10, 2022. Posted in Wiss Gets Personal.

By Arnold Macalintal Whenever I think of grit, determination, and more importantly giving, I think of my father, Teofilo Macalintal. My father grew up in the municipality of Alitagag in the province of Batangas in the Philippines. The family didn’t have much growing up and being one of 12 children, there was even less to go around. He found himself running around with gangs in his younger days and had the fading tattoos on his hands to show for it. He could have easily stayed on...

Transform Your Talent Pool With 9 Recruiting Strategies You Need To Adopt or Drop

Written on May 9, 2022. Posted in General Business.

Talent acquisition is the heartbeat and foundation of any organization, says Wiss’ Practice Leader of Recruiting Kevin Kurtz. Plus, its long-term success and sustainability is directly correlated to its talent. Yet this is a ball many companies fumble, as attracting, developing, and retaining talent continues to be one of the biggest challenges organizations face. That’s why recruitment and acquisition will always be a hot topic — one social media only continues to amplify. On...

Wiss and NetLease by Netgain partner to increase efficiency for ASC 842 lease accounting audits

Written on May 4, 2022. Posted in Assurance, State & Local Tax Services, Tax.

Netgain offers easy audit solution Denver, CO, May 4, 2022 – The new lease accounting standard went into effect on Jan. 1, 2019 for public companies and on Jan. 1, 2022 for private and not-for-profit companies. Wiss spent two years evaluating different solutions and needed a lease accounting software solution in anticipation of the 2022 audit season. Paul Peterson, Managing Partner, Wiss, reached out to Netgain, to evaluate NetLease for Auditors, their lease accounting product...