For growth-focused companies, crowdfunding has rapidly transformed from a niche market into a legitimate and viable form of alternative financing. Studies indicate that, from 2009 to 2014, the crowdfunding industry grew by an estimated 1,000%.1 At the close of 2014, more than 3,500 active crowdfunding projects were looking to raise over $20 billion in capital, according to data analytics company Dealflow.com. Research indicates that crowdfunding should flourish into 2015 and beyond.

When most individuals think about a tax audit, they likely envision a face-to-face encounter with an auditor from either the IRS or a state taxing authority, such as the New Jersey Division of Taxation. Field audits, where an audit is conducted at the taxpayer’s home, place of business, or accountant’s office, fall into this category […]

Hiring is a critical decision-making process for any restaurateur. How does an organization identify the type of person that is right for the team? As the turnover rate in the hospitality industry is typically higher than that of other private sectors – peaking at approximately 63% in 2013, versus 42.2% turnover in the overall private sector – adopting a formal hiring strategy is a critical step for maximizing employee retention, and ultimately, minimizing cost.

In 2014, equity capital formation proliferated to levels not seen in several years – an encouraging sign that middle market growth is thriving and on a positive trajectory moving into 2015. Contributing to this surge in the middle market capital formation engine were private placements, the stock market, IPOs and the JOBS Act. CohnReznick’s Middle […]

On March 25, 2015, in a move designed to facilitate the capital raising needs of smaller companies, the SEC updated and expanded Regulation A under Title IV of the JOBS Act of 2012. The new rules, known as Regulation A+, will allow growth companies to raise up to $50 million from unaccredited investors in a mini-IPO type offering. By doing so, investors will have more choices and smaller companies can, if desired, bypass big institutions for their capital needs by offering stock directly to their key constituents and to the general public.

On February 10, three members of the House Ways and Means Committee, including Congressmen Pat Tiberi (R-OH), Tom Reed (R-NY), and Richard Neal (D-MA), introduced a New Markets Tax Credit (NMTC) extension bill: The Markets Tax Credit Extension Act of 2015 (H.R. 855). The three lawmakers were quickly joined the next day by an additional […]