Maximizing your Dealer Management Systems
From the Desk of Sally Lopez, Director of Information Technology, Dealer Services Some of the typical questions I have heard Dealers ask themselves are: “How can I cut my Data Processing Expense?”, “What applications are right for my dealership?”, “How can I get more out of my DMS?”, “Who can do this for me if […]
Capturing Micro-Captive Transactions Abuse- Possible Action Required by January 2017
From the Desk of Jan Dulman, CPA, Partner On November 1, 2016 the Department of the Treasury and the Internal Revenue Service (the “Agencies”) cast a wide net in the form of Notice 2016-66 in an attempt to capture and close what is believed to be transactions with the potential for tax avoidance or evasion by […]
Press Release: Rosenfield and Company Expands Consulting Services to Include Information Technology
For Immediate Release Florham Park, NJ, October 10, 2016– Accounting firm Rosenfield and Company, PLLC has expanded its practice to serve its automotive clients in a non-traditional way for the average CPA firm. As their current client base has voiced a need for it, Rosenfield and Company has answered by expanding its consulting services to […]
Wealth Transfers: No More Valuation Discounts?
Melissa Barbosa, CPA, MBA, ABV, Valuation & Litigation Support Services Recently, the IRS issued proposed regulations to section 2704 in an effort to limit valuation discounts on transfers of interests in family-controlled entities for gift, estate and generation-skipping transfer tax purposes. The long awaited and much speculated regulations are intended to address perceived shortcomings that […]