Shows
Problem Solved! For Co-ops and CondosFollowing the Money: What New Condo Boards Need to Know About Sponsor ExitDuring the period when a new condominium comes on the market and the sponsor finally turns over control to the condo board, who is paying for the condo’s operating expenses? The building is not fully sold so there aren’t enough paying owners to fund the budget, yet the building is operating as if it was fully occupied. Christopher Saray, manager at the accountancy firm of WilkinGuttenplan, explains the how this works, what new condo boards need to understand about the budget when they take over and what condo buyers should be aware of. Habitat’s Carol Ott conduc...2024-11-0717 min
The Balance Sheet BreakdownYear-End Accounting ConsiderationsJoin host Chris Frederick and manager Juan Arana as they discuss the actions businesses can take now to ensure a strong finish to the 2024 year-end reporting and start to the new year. They share practical tips for businesses to stay proactive with their accounting and how to get ready for upcoming reporting deadlines.2024-11-0520 minThe Balance Sheet BreakdownCertification of U.S. Tax ResidencyJoin host Chris Frederick and partner Darko Naumoski as they dive into the intricacies of U.S. tax residency, exploring how to effectively leverage available tax treaties to potentially lower withholding on foreign-sourced income.2024-10-0819 minThe Balance Sheet BreakdownBreaking Down Digital Assets and Tax PitfallsJoin host Chris Frederick and Karolis Matulis as they delve deep into the world of digital assets, shedding light on what they are, how they function in today's digital economy, and uncovering common tax pitfalls that are frequently overlooked.2024-08-0639 minThe Balance Sheet BreakdownBreaking Down The Basics: Understanding Financial StatementsJoin host Chris Frederick and Principal June M. Toth as they break down the key financial statements to provide clear guidance on understanding their significance. Tune in to gain a comprehensive understanding of how these essential financial documents can inform strategic decisions and drive financial success.2024-07-0226 minThe Balance Sheet BreakdownSales Tax Changes & Rising Compliance CostsJoin host Chris Frederick as he engages in a discussion with state and local tax experts Meg Chesley and Jenna Sanfilippo about the evolving landscape of sales tax and examine the recent changes that have significantly increased the overall cost of compliance.2024-06-0421 minThe Balance Sheet BreakdownTax Implications of Remote EmployeesOn this episode, host Chris Frederick sits down with state and local tax experts, Meg Chesley and Jenna Sanfilippo, to discuss the tax implications companies face as they hire and onboard remote employees.2024-05-0729 minThe Balance Sheet BreakdownEnhancing Your IT Security & Developing an Effective Security PlanChris Frederick and Tom Hasard engage in a comprehensive discussion on the current IT security concerns for businesses and emerging threats. They will discuss the key components of an info system security plan, analyze recent updates and advancements in the marketplace, and overall, how to implement these strategies to safeguard your sensitive data and digital assets. 2024-04-0229 minThe Balance Sheet BreakdownTips to Enhance Your Start-Up's Internal Accounting and ReportingHost Chris Frederick and manager Juan Arana discuss the common challenges that start-ups may encounter when their financial reporting does not meet expectations as they grow. They explore the potential pitfalls that arise when seeking new investors or when applying for debt. 2024-03-0426 minThe Balance Sheet BreakdownA Guide to Using ChatGPT and Generative AI for CPAsJoin host Chris Frederick and manager Karolis Matulis in a conversation exploring what generative AI is, how it works, and its potential applications in the field of accounting.
2024-02-0627 min
The Real Estate Professional StatusBuilding Success Through Tax Incentives: Real Estate Insights from Karolis MatulisIn this episode, Karolis Matulis, a seasoned expert in real estate and taxation, delves into various intricate aspects of real estate investment and tax planning.
Matulis, holding key positions at WilkinGutenplan, including being a manager and chair of the Firm's Innovation Council, shares his extensive knowledge and experiences in the field.
The discussion primarily revolves around the dynamics of real estate investments, the implications of tax legislation, and the strategic management of real estate portfolios.
The episode covers a range of topics, including:
Real Estate Professional Status: Ma...2024-01-1733 minThe Balance Sheet BreakdownNavigating Borders: Challenges of Indian Businesses Expanding to the U.S.Partner Vinay Navani, and host Chris Frederick, kick off Season 3 with an episode discussing the key obstacles businesses may face when looking to expand from India to the U.S., as well as the best practices to prepare for these challenges.
2024-01-0322 minThe Balance Sheet BreakdownNavigating Year-End Gifting & Estate and Trust ConsiderationsJoin Partner Brian Geissler and host Chris Frederick as they discuss year-end gifting and planning for estates and trusts.
2023-12-0613 minThe Balance Sheet BreakdownA Guide to Professional Service Firm Profitability: Understanding Leverage Part 4/4Join partner Karen Artasanchez, and host Chris Frederick, on their informative and engaging four-part series discussing the profitability metrics of professional service firms. The final episode of the series focuses on the concept of leverage and provides insights on how to utilize this metric for the utmost success of your firm.2023-11-2717 minThe Balance Sheet BreakdownA Guide to Professional Service Firm Profitability: Understanding Margin & Profitability Part 3/4Join partner Karen Artasanchez, and host Chris Frederick, on their informative and engaging four-part series discussing the profitability metrics of professional service firms. The third episode of the series focuses on the impact margin and profitability can have on companies that are people-focused. 2023-11-1413 minThe Balance Sheet BreakdownA Guide to Professional Service Firm Profitability: Understanding Realization Part 2/4Join partner Karen Artasanchez, and host Chris Frederick, on their informative and engaging four-part series discussing the profitability metrics of professional service firms. The second episode of the series focuses on what realization is, how it is measured, and why consistency is key.
2023-11-0614 minThe Balance Sheet BreakdownA Guide to Professional Service Firm Profitability: Understanding Utilization Part 1/4Join partner, Karen Artazanchez, and host Chris Frederick, on their informative and engaging four-part series discussing the profitability metrics of professional service firms. Episode 1 is all about utilization—from what it is to how it is measured. 2023-10-3113 min
Tax Tête-à-têteChoice of Entity Issues: Part 2 - Limited Liability CompaniesCarter Ledyard's Melinda Fellner kicks off her brand-new podcast with a five-part series on choice of entity issues featuring Vinay Navani, shareholder at WilkinGuttenplan.In this episode, Part 2 of 5, Melinda and Vinay discuss LLCs. View Melinda Fellner's Bio.2023-10-2016 minTax Tête-à-têteChoice of Entity Issues: Part 1 - Sole ProprietorshipsCarter Ledyard's Melinda Fellner kicks off her brand-new podcast with a five-part series on choice of entity issues featuring Vinay Navani, shareholder at WilkinGuttenplan.In this episode, Part 1 of 5, Melinda and Vinay discuss sole proprietorships. View Melinda Fellner's Bio.2023-10-2005 minTax Tête-à-têteChoice of Entity Issues: Part 3 - PartnershipsCarter Ledyard's Melinda Fellner kicks off her brand-new podcast with a five-part series on choice of entity issues featuring Vinay Navani, shareholder at WilkinGuttenplan.In this episode, Part 3 of 5, Melinda and Vinay discuss Partnerships. View Melinda Fellner's Bio.2023-10-2016 minTax Tête-à-têteChoice of Entity Issues: Part 4 - CorporationsCarter Ledyard's Melinda Fellner kicks off her brand-new podcast with a five-part series on choice of entity issues featuring Vinay Navani, shareholder at WilkinGuttenplan.In this episode, Part 4 of 5, Melinda and Vinay discuss Corporations. View Melinda Fellner's Bio.2023-10-2012 minTax Tête-à-têteChoice of Entity Issues: Part 5 - S CorporationsCarter Ledyard's Melinda Fellner kicks off her brand-new podcast with a five-part series on choice of entity issues featuring Vinay Navani, shareholder at WilkinGuttenplan.In this episode, Part 5, Melinda and Vinay discuss S Corporations. View Melinda Fellner's Bio.2023-10-2014 minThe Balance Sheet BreakdownNew Regulations Impacting Recent and Future Community Associations In New JerseyOn this episode, partner Mohammed Salyani joins host Chris Frederick for an informative discussion on the impacts on newly built Community Associations as a result of New Jersey’s recently implemented requirements. Whether you’re a developer or a professional in the industry, this episode will keep you informed about the changing Community Association landscape in New Jersey. 2023-10-0224 minThe Balance Sheet BreakdownThe Intern Experience: Navigating the Path from Campus to CorporateJoin host, Chris Frederick, as he sits down with Associate, Justin Dekovics, and Intern, Phillip Amari, to discuss their internship experience at
WilkinGuttenplan and how their college prepared them for this next step!
2023-08-3011 minThe Balance Sheet BreakdownSECURE Act 2.0 & the Major Provisions Impacting Your 401(k) PlanJoin Valerie Thorpe, CPA, and Chris Frederick, CPA, as they discuss the changes that are being implemented to many 401(k) plans as a result of the SECURE Act 2.0 passed by Congress at the end of 2022.
2023-07-3124 minThe Balance Sheet BreakdownNJ Tax & Investment Incentives: Technology and Life Sciences EditionWilkinGuttenplan, Partner Chris Frederick, CPA and Manager Tim Torres, CPA, MACC, discuss a few of the programs run by New Jersey for emerging tech and life sciences companies that help foster and encourage growth and jobs in the state.
2023-06-2731 minThe Balance Sheet BreakdownEstate and Gift Tax Exemptions: Maximize the BenefitJoin Chris Frederick, CPA, and guest speakers Maureen Jasper, CPA MBA, and Brian Geissler, CPA, partners at WilkinGuttenplan, as they discuss the federal gift and estate tax exemptions, annual personal exemption amounts and help maximize the benefits. 2023-06-0711 minThe Balance Sheet BreakdownWhy Was My Condominium Association / HOA Audited, and What Can I Learn From My Audited Financial Statements?This month on The Balance Sheet Breakdown, Chris Frederick and Mike Mezzo- Partners at WilkinGuttenplan- discuss what an audit is and what the audited financial statements can tell Community Associations.
2023-05-0219 min
The Balance Sheet BreakdownWomen Empowering WomenWomen are playing a major role in the accounting field, and the impact they have had on the industry cannot be overstated. During this Women's History Month, we are honoring the women in our lives who have made a lasting impression and how they inspired the next generation to grow into leaders.2023-03-0115 minThe Balance Sheet BreakdownWhat Does the 65-Day Rule Really Mean and Who Does It Apply ToJoin WilkinGuttenplan's podcast host Chris Frederick as he connects with Maureen Jasper and Brian Geissler as they talk through the implications of trusts and estates electing the 65-day rule. The 65-day rule is an important tax election that estates and trusts can take advantage of in order to mitigate the tax exposure at the trust and estate level.2023-02-2011 minThe Balance Sheet BreakdownWhat Developers Need To Know About PILOT AccountingJoin WilkinGuttenplan's podcast host Chris Frederick as he connects with Amanda Brady and Cara Gray about the New Jersey Payment in Lieu of Taxes (PILOT) program. They discuss the benefits developers see from the program while also discussing some potential unexpected accounting challenges. Our team can help ensure your financial agreement's clarity and a stress-free approach to your required annual audit. If you are considering entering into a PILOT agreement, reach out to our team!2023-02-1011 minThe Balance Sheet BreakdownForeign Companies Expanding Into the United StatesChris Frederick sits with WG's International Tax Partner Darko Naumoski as they discuss the steps foreign companies need to take to expand to the United States, the hardships some companies may face, and the top questions companies ask while expanding into the United States.2023-01-2009 min
Things I Didn't Learn at HarvardDo These 2 Things To Win Someone's Trust and ConfidenceIn his own words, Ed Wilkin says - My clients experience my genuine sense of caring about and solving the issues that stress them out and keep them up at night. My role with my clients is not just that of a historian who files tax returns and preparing financial statements after the year is over. I become a team member with management and the other professionals in planning and growing the business to achieve the goals that we have all developed together.
Follow WilkinGuttenPlan on Linkedin: https://www.linkedin.com/company/wgcpas/ and on their website...2022-11-2930 minProblem Solved! For Co-ops and CondosCondo Challenges: How to Raise Money for Building ProjectsTo meet the high cost of maintaining condo properties, boards often have to make the hard choice between borrowing money or imposing assessments on unit-owners. Either way, there are decisions of fairness to consider and important operational details to work out. In this episode, Mohammed Salyani, a principal at the accounting firm WilkinGuttenplan, explains the ramifications of various options. Mohammed Salyani is interviewed by Carol Ott for Habitat Magazine.Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to y...2022-11-1608 minThe Balance Sheet BreakdownUnderstanding the Impact of the Changing Lease StandardsJoin Chris Frederick and Rob Starink as they discuss how the changing lease standards could impact your financial reporting and covenant compliance.2022-11-1507 min
The Fun CPA PodcastWilkinGuttenplan - The 40 year journeyThis one is near and dear to my heart because I got to spend 1.5 years of my career at this firm and now I had the opportunity to sit down and chat with the original founders: Ed Wilkin and Ed Guttenplan. Their slogan of two Eds are better than one holds true to this day.Learn the journey these gentlemen went through from starting the firm in 1983 to growing it to over $20M in revenue with the same core principles they had at the start. After spending about 10 years in the industry, both Eds were fed...2022-10-3139 min
The Balance Sheet BreakdownR&D Capitalization RulesWith the end of the calendar year quickly approaching consideration should be given to the tax impact of the current tax rules related to the deductibility of research and development costs as they could have a significant impact on taxable income and cash flow in the short term. Listen to our podcast where some of our team discuss the impacts of the legislation and how it will impact current and future taxable income.2022-10-0614 min