-
Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
Grassi & Co. & LIFT 2012 Manufacturing & Distribution Lenders Forum
On October 2, 2012 Grassi & Co. and LIFT (Long Island Forum for Technology) hosted their first annual joint Manufacturing & Distribution (M&D) Lenders Forum. The event was led by Robert E. Grote, CPA, Partner and M&D Practice Leader, Grassi & Co., and Bob Zounek, Deputy Executi...
Posted in General, Manufacturing & Distribution
Leave a comment
MCTMT: November 2nd Deadline for Protective Claim for Refund
As you might recall from our previous alert, MTA Tax ruled unconstitutional, but…, a judge in Nassau County in August ruled that New York State (NYS) unconstitutionally enacted the MTA tax, which first went into effect during 2009. Following the ruling, which is currently on appeal, the N...
Posted in General, Tax
Leave a comment
Neurology & Pain Management Coding Alert
Director of Healthcare Management Consulting, Anne M. Dunne, RN-BC, MSCN, MBA, was quoted in The Coding Institute’s Neurology & Pain Management Coding Alert, a publication dedicated to ethical coding, payment, and efficiency in neurology and pain management practices. Click here to se...
Posted in Healthcare
Leave a comment
FAE Joint Nassau/Suffolk Chapter Accounting and Auditing Conference
The FAE Nassau/Suffolk Chapter is holding their Accounting and Auditing Conference on Saturday, November 3, 2012 at the Sheraton Long Island, 110 Motor Parkway, Hauppauge, NY 11788 from 8:25 a.m.–4:35 p.m. (Registration and Networking Breakfast 7:30–8:25 a.m.). The conference will upd...
Posted in Events
Leave a comment
Anne Dunne – Feature Writer for MedNEWS Blog
Anne Dunne, Director of Grassi & Co. Healthcare Consulting will be contributing bi-weekly to MedNEWS, the blog for MedNet Teachnologies. Click Benchmarking Your Practice’s Performance to read her debut article.
...
Posted in Healthcare
Leave a comment
Expriring/Expired Code Provisions
If Congress fails to act by January 1, 2013, many favorable tax code provisions will revert back to the law in effect before the Bush tax cuts. Below please find a chart which outlines these provisions as they are today and as they will be in 2013 if Congress fails to act. For more information...
Posted in General, Tax
Leave a comment
Therapy claims must contain NPI
By: Anne M. Dunne, RN-BC, MBA, MSCN
Beginning Oct. 1, all outpatient Medicare therapy service claims must contain the National Provider Identifier (NPI) of the physician (or non-physician practitioner where applicable) responsible for periodically reviewing the therapy plan of care. The Centers...
Posted in Healthcare
Leave a comment
2012 NYCON Camp Finance
Join Grassi & Co.’s David Rottkamp at this year’s NYCON Camp Fiance on October 4th and 5th at the Mohonk Mountain House in New Paltz, NY. Click the image below for more information.
...
Posted in Not-For-Profit
Leave a comment
Surviving the 27% Medicare Cuts in 2013
Save the date! Grassi & Co.’s Director of Healthcare Consulting Anne Dunne, will be presenting a webinar with AdvancedMD on October 3 at 10 am MT titled “Surviving the 27% Medicare Cuts in 2013.” More information to follow soon!
...
Posted in Healthcare
Leave a comment
Therapy Limitation Exception Process
Effective October 1, 2012, the Centers for Medicare & Medicaid Services (CMS) will implement a phased therapy cap exception process. For calendar year 2012 the therapy cap amounts are:
$1,880 for occupational therapy services, and
$1,880 for physical therapy and speech-language pathology...
Posted in Healthcare
Leave a comment
Grassi & Co. Wins the HIA-LI 2012 Business Achievement Award
Grassi & Co. was selected by the HIA-LI as the recipient of the 2012 Business Achievement Award, an award provided to firms based on their commitment to the growth/betterment of the Long Island community, positive employer/employee relations, positive revenue and profitability trends, and fu...
Posted in General
Leave a comment
Grassi & Co. was Ranked the 83rd Largest Accounting Firm in the Nation by Inside Public Accounting
Grassi & Co. was ranked the 83rd Largest Accounting Firm in the Nation and was designated one of the Fastest Growing Firms in 2012 by INSIDE Public Accounting (IPA). With more than 400 firms considered, IPA annually compiles a list of the Nation’s 100 largest accounting firms—providing a s...
Posted in General
Leave a comment
MTA Tax ruled unconstitutional, but…
A state Supreme Court judge in Nassau County ruled yesterday that the NYS legislature unconstitutionally enacted the MTA tax (the one imposing $0.34 of tax per $100 of payroll).
The MTA, of course, plans to appeal and is highly confident that it will obtain a reversal of the ruling, noting th...
Posted in Tax
Leave a comment
Green Rooftops Rewarded with Tax Credits – NY State Passes Bill to Encourage Roofs to Cut Energy and Reduce Sewage Overflows
By: Robert J. Brewer, CPA, CCIFP, Partenr, Architecture & Engineering Practice Leader
With contributions from Engineered Tax Services
Looking out onto the rooftops of the New York City, not only will you see solar panel systems populating the space but in the past couple years green vegetative...
Posted in Architecture & Engineering, General
Leave a comment
Using Ex-Ante and Ex-Post Benchmarks in Estimating Damages
Benchmarks are the basis for damages. But when the assumptions behind
the benchmarks fail to stand up to Daubert scrutiny, expert testimony may
be excluded. The purpose of this article is to demonstrate that “traditional” valuation
methods that incorporate ex-ante data can be inappropriate w...
Posted in General
Leave a comment
More Profit, More Control
By: Jeffrey G. Cohen, CPA, Tax Partner
Idle machines, production bottlenecks, equipment breakdowns, absent employees, new orders, etc. These are just some of the factors that can disrupt production and eat into your company’s profit.
It would be much easier to control, workflow, and...
Posted in Manufacturing & Distribution
Leave a comment
Profit Optimization Through Supply Chain Analysis – Is your organization focused on cost control? Are you maximizing profitability through your supply contracts?
By: Anne M. Dunne, RN-BC, MBA, MSCN, Director of Healthcare Consulting
and John V. Pellitteri, CPA, Partner, Healthcare Management Consulting Practice Leader
Today, many healthcare decision makers and leaders are working diligently to control and manage their operating costs, focusing on anal...
Posted in Healthcare
Leave a comment
Nowhere to Hide – U.S. Takes An Even Closer Look At Americans with Offshore Bank Accounts
The U.S. is really tightening its grip on monitoring Americans with offshore bank accounts.
“Liechtenstein, an Alpine country of 36,000 people, has told American clients of the principality’s oldest bank that U.S. authorities have requested their account data as they widen a tax-evasi...
Posted in Tax
Leave a comment
Affordable Care Act
The U.S. Supreme Court announced its decision to uphold the 2010 Affordable Care Act. Although some aspects of the Act are designed to begin now, other aspects are designed to begin in the months and years to come. See below for a timeline provided by whitehouse.gov to help better map out what chang...
Posted in Healthcare
Leave a comment
Nominate Grassi & Co. for Best of Long Island 2013!
Help Grassi & Co. get nominated for the Long Island Press Best of Long Island 2013 contest so we can win for the Best Accounting Firm category!
Steps for Nominating:
Click here or go to http://vote.longislandpress.com/engine/YourSubmission.aspx?contestid=63778
Click the age confirmation...
Posted in Awards & Recognitions, Events, General
Leave a comment
NYC SCA Mentor Program “Exploring the Union Landscape”
Grassi & Co. Partner Steven Goldstein, CPA, PFS, will be speaking at the NYC SCA Mentor Program “Exploring the Union Landscape.” Learn about Trade Associations and the services they provide their members; understand how becoming union impacts your business operations and meet with ...
Posted in Construction
Leave a comment
Air Conditioning-Heating-Refrigeration The NEWS Podcast with Grassi & Co. Partner, Stephen Mannhaupt
Check out the interview given by Stephen Mannhaupt, CPA, Partner, with Air Conditioning-Heating-Refrigeration The NEWS. Stephen shared his thoughts relating to internal controls; describing how an HVAC contractor can better manage his/her finances, fleet, and staff. The hear the podcast of the i...
Posted in Construction
Leave a comment
Grassi and Co. Wins Two Awards at the New York Enterprise Report 2012 Best Accountants and Attorneys for Privately Held Companies Awards
Grassi and Co. was presented with two awards at the New York Enterprise Report 2012 Best Accountants and Attorneys for Privately Held Companies Awards Ceremony on June 13, 2011. The awards recognize accounting and law firms in the tri-state area who exemplify excellence in their professions.
...
Posted in General
Leave a comment
Foreign Bank And Financial Accounts (“FBAR”) Are Due!
If you have a foreign bank account or you are the signature authority on a foreign bank account then you must file a FBAR if the combined balance of your foreign accounts (at any time during the year) is more than $10,000. The Federal form 90-22.1 must be in the “hands” of the Departmen...
Posted in Tax
Leave a comment
First Statewide Surety Bond Assistance Program For MWBE’S
BY: LORI A. CRAWBUCK, CPA, CCIFP
Early in 2012, Governor Andrew M. Cuomo issued a press release announcing the first statewide surety bond assistance program for Minority and Women-Owned Business Enterprises (MWBE). The objective of this program is to provide financial assistance to help MWB...
Posted in Construction
Leave a comment
Join Us Thursday, June 7th — Surety Advisory Board Event NYC
Please join us for our
Surety Advisory Board Event:
Contractor Exit Strategies
A discussion led by:
Carl Oliveri, CPA, CFE, Audit Principal, Grassi & Co.
Exploring the different vehicles contractors can utilize as they plan for the future of their company.
DATE & LOCATION
Thursday, June 7,...
Posted in Construction
Leave a comment
Anne Dunne to speak at the Consortium of MS Care Centers Conference in San Diego – 5/31/12 and 6/1/12
Grassi & Co. Dir. of Healthcare Consulting, Anne Dunne to speak at the Consortium of MS Care Centers Conference in San Diego on Lean HC Principles, EHR Technology & Meaningful Use on 5/31 and 6/1. Click here for a full description of the conference.
...
Posted in Consulting, Healthcare
Leave a comment
Grassi & Co. Receives Four Nominations from The New York Enterprise Report Best Accountants and Attorneys for Privately Held Companies Awards
Congratulations! The following Grassi & Co. nominees were chosen as finalists for The New York Enterprise Report Best Accountants & Attorneys for Privately Held Companies Awards:
Gary R. Purwin – Industry Practice category (Financial Services)
John V. Pelitteri – Indust...
Posted in General
Leave a comment
Partner & Healthcare Practice Leader John Pellitteri to Speak at Healthcare M&A Event
Based on recent surveys conducted by a leading CPA firm, 65% of owners of medical practices do not know what their practice is worth, over 35% of their net worth is tied up in their practice and 85% of the practice owners had no exit strategy, so be sure to join us on June 13th to avoid these pitfal...
Posted in Events, Healthcare
Leave a comment
Confusion and Uncertainty of IFRS and Global Accounting
Great article on the confusion and uncertainty of IFRS and Global accounting from today’s NY Times. To view the article click here.
Article suggested by: Steven Goldstein, CPA, PFS, Partner
...
Posted in General
Leave a comment
Save the Date – HIA-LI 24th Annual Business Trade Show & Conference – May 24th, 2012
Grassi & Co. will be sponsoring the 24th Annual HIA-LI Trade Show and Conference on Thursday, May 24th, 2012. The show’s agenda includes:
SCHEDULE OF DAY
7:30 am – 10 am – Executive Breakfast – “Creating Strategies that will Increase Your Business”- Brian ...
Posted in General
Leave a comment
HCA Annual Membership Conference – Saratoga Springs, NY
Healthcare Partner Gary Carpenter and Manager Al Conti at the 2012 Home Care Association (HCA) Annual Membership Conference in Saratoga Springs, NY. Swing by our display if you’re there!
...
Posted in Healthcare
Leave a comment
Join Grassi & Co. at our Construction Executive Forum, June 20-22!
June 20 (Afternoon/Evening) – June 21 (All Day) – June 22 – (Half Day)
Westchester Country Club 99 Biltmore Avenue, Rye, New York 10580
The Grassi & Co. Construction Executive Forum is an industry-specific forum for owners and senior executives within the Metro New York regi...
Posted in Construction, Events, General
Leave a comment
Striving to Improve the NYS CFR System
The Trusted Professional, the official newsletter of the NYSSCPA, recently featured David Rottkamp, and his work with the Not-for-Profit Organizations Committee, specifically CFR audits and reports, and the 12-member CFR Subcommittee in which he is the Chairman. To view the full article, click her...
Posted in Not-For-Profit
Leave a comment
Indian Budget 2012- Concerns For Foreign Investors
By: Rahul Sheth, CPA, CA, Audit Manager
The 2012 Budget presented on March 16, 2012 by India’s Finance Minister has jolted the foreign investor community. The budget proposes a number of regressive, retrograde and extraterritorial provisions that would significantly increase tax costs and ...
Posted in Tax
Leave a comment
Video: Lou Grassi Hosting the HIA-LI CEO Series
Grassi & Co. CEO and Managing Partner Lou Grassi hosted part of the HIA-LI CEO Series here at Grassi & Co. on Wednesday, March 21, 2012. Missed it? Click here to watch the full video.
...
Posted in General
Leave a comment
Join Grassi & Co. on May 22 for the CFAF “guess-a-sketch” Event
Click here for full event details.
...
Posted in Architecture & Engineering
Leave a comment
Post Tax Season Thoughts
By: Steven Goldstein, CPA, PFS, Partner
The craziness of tax season is over allowing businesses to focus on other parts of their organization and personal lives. Some areas to focus on are:
The 2012 Unified Tax Credit
The unified credit for the calendar year 2012 is increased to $1,772,800...
Posted in General, Tax
Leave a comment
Compliance with MWBE Regulations – What is Best Effort?
Geri Gregor, CPA, Partner-in-Charge of Grassi & Co.’s Business Advisory Practice, will be speaking at the BTEA Compliance with MWBE Regulations Conference on Wednesday, April 25, 2012. The conference will be held at First American Title Insurance, 633 3rd Ave (Between 40th and 41st Stree...
Posted in Construction
Leave a comment
Join Grassi & Co. at the HIA-LI 24th Annual Business Trade Show & Conference
Grassi & Co. will be sponsoring the 24th Annual HIA-LI Trade Show and Conference on Thursday, May 24th, 2012. The show’s agenda includes:
SCHEDULE OF DAY
7:30 am – 10 am – Executive Breakfast – “Creating Strategies that will Increase Your Business”- Brian Parsley, ...
Posted in Community, Events
Leave a comment
Are You Ready for the Next Generation of Construction Management Software
Grassi & Co.’s Technology Consulting Division
Invites you to
Are You Ready for the Next Generation of Construction Management Software?
Learn about “Maxwell Systems” Constr...
Posted in General
Leave a comment
A Retirement Prescription
There was once a time when a retiring doctor could easily sell a thriving practice to a hospital or practice management company. These days, many practice management firms are out of business and hospitals are more likely to be selling than buying. Click here read more.
...
Posted in Healthcare
Leave a comment
Recent Changes to All Qualified Plans: Compliance by July 2012 is Critical
Join Grassi & Co. on Wednesday, April 18th for the FEI Education Night. Grassi & Co.’s Mike Minnutello, CPA will be on the panel discussing: Recent Changes to All Qualified Plans: Compliance by July 2012 is Critical. Click here for event details and to register.
...
Posted in Events
Leave a comment
Lou Grassi to be Honored at 7th Annual Reverend Monsignor Thomas J. Hartman Humanitarian Award Luncheon
...
Posted in General
Leave a comment
How to Handle an Inspection
By: Carl Oliver, CPA, CFE, Audit Principal
One of the most nerve-wracking experiences in a construction executive’s career is when an inspector shows up at the door and says something like: “We received a complaint and we’d like to take a look around.” Click here to read m...
Posted in Construction
Leave a comment
Stay Focused While Reaching Goals – A Complete Checklist
Profit growth and business expansion are two key goals for Architecture and Engineering Firms. But, in order to successfully reach your targets, growth must be controlled. If you allow undisciplined expansion, you run the risk of diluting resources, leaving projects unfinished and destroying morale....
Posted in Architecture & Engineering
Leave a comment
Beyond the Exam Room Door
Your days at the office are probably hectic as you try to give patients personal attention while juggling a full schedule. But when the exam room door closes and you’re focusing on individual patients, are staff members also providing high quality care? Are your front office phones answered wi...
Posted in Healthcare
Leave a comment
Grassi & Co. to Sponsor HIA-LI CEO Series April 19th at Posillico in Farmingdale
Grassi & Co. will be hosting the HIA-LI CEO Series on Thursday, April 19th at Posillico in Farmingdale. Scroll down for more details and registration information.
...
Posted in Construction, General
Leave a comment
Offer-in-Compromise Firms Closing Shop, Facing Legal Battles
Even those of us who merely dabble in the offer-in-compromise space from time-to-time know what kind of deals one can realistically expect to close on behalf of clients looking to settle their tax debts with the IRS and the state taxing authorities.
Clients and prospects to whom we explain th...
Posted in General
Leave a comment
Grassi & Co. CEO & Managing Partner Lou Grassi to Host HIA-LI CEO Series
Grassi & Co. CEO and Managing Partner Lou Grassi will hosting part of the HIA-LI CEO Series here at Grassi & Co. on Wednesday, March 21, 2012 from 9:00 – 11:00 a.m. Walk-ins are welcome. Click here for event flier and registration information.
...
Posted in General
Leave a comment
