Maria Rollins attended FoodBizNJ, which had the theme, “Setting the Table for Growth." She shares some key takeaways from the conference, including her insights into the challenges faced by family-owned food businesses....
The recent KRS Insights Breakfast featured Randi Kochman, Esq., chair of the Cole Schotz Employment Law Department. Randi spoke about best practices for hiring and documentation and the complexities of family and medical leave.
For those who missed the breakfast, we wanted to share some of...
Did you know there is an underutilized tax incentive that can reap federal tax savings for manufacturers? One middle-market manufacturer recently saved approximately $300,000 in current year federal taxes by implementing the IC-DISC tax incentive, which promotes exporting goods manufactured in the United States that...
Is your company doing business in the US market? If you’re not filing IRS Form 5472, you could face large penalties. When a foreign company decides to conduct business in the U.S., not only must it decide what legal entity structure to use, but after...
KRS senior accountants Lance Aligo and Diane Pineda recently participated in an NJBIA panel focusing on personal finances for young professionals. The first few years following college can be very challenging and it’s important for YPs to understand the tax implications of life changes.This post...
Buy-sell agreements are among the most important agreements entered into by business co-owners. Notwithstanding the importance, many businesses do not have buy-sell agreements in place, and for many that do, the agreements are ambiguous and outdated. This post shares crucial agreement provisions and discusses why...
Now is the time to contact vendors for any missing W-9 forms, so that you have a less frenetic year-end. Our recommendations and tips for filing 1099s can make the process much easier for you. ...
Recently I had the opportunity to attend the Specialty Food Associations’ Summer Fancy Food Show in New York City. I was drawn to this particular show because we have many clients who are in the food and beverage industry. In addition, I am a “foodie”...
A question I am often asked by my clients is whether they can deduct the dues for clubs at which they entertain customers or that otherwise may be relevant to their business. Here's what you need to know before you pull out your golf clubs....
The June KRS Insights Breakfast featured Jean Oursler, who is a speaker, author, and one of the country’s top business consultants. Jean shared with us the RESULTS Formula, which is a new way of thinking about goal setting and growing a business. For those who missed...
