blog | Bowman & Company, LLP | Bowman & Company LLP

Bowman & Company LLP

Bowman & Company LLP

Recent Posts

Two Students Receive Bowman Funded Scholarships

Posted by Bowman & Company LLP on May 25, 2023 10:00:00 AM
Two Students Receive Bowman Funded Scholarships

Bowman & Company LLP has an 84-year history of success, and we're still looking towards the future in everything we do; but the accomplishments we reach today, tomorrow, and beyond are only possible because of the legacy of many talented & dedicated professionals of the past. To quote Sir Isaac Newton, "if I have seen further, it is by standing on the shoulders of giants". By acknowledging and appreciating those that have shaped us into who we are today, we can realize the importance of giving to others. To honor the legacies of former Partners Lisa A. Donahue & Jack Dailey, Bowman & Company LLP has established scholarship funds for accounting students in the region. By partnering with the New Jersey Society of Certified Public Accountants (NJCPA) Scholarship Fund, Bowman hopes to change the lives of these young adults for the better.

Read More

Topics: Not-for-Profits, Press Releases, Events, #BowmanGivesBack

Bowman Hosts Local High School Trip

Posted by Bowman & Company LLP on May 16, 2023 11:00:00 AM
Bowman Hosts Local High School Trip

On Friday, May 12th, accounting students from Lenape High School in Medford NJ visited Bowman & Company LLP's Voorhees office to learn about the accounting industry. Education is a critical component to continuing the accounting profession, and Bowman consistently makes a commitment to investing in local education. Even for students who aren't interested in being an accountant, we feel that learning about finance and money management helps prepare young adults for all types of careers & personal life decisions. Even with such important topics being discussed, our personnel can still make it entertaining!

Read More

Topics: Speaking Engagements, Events

Bowman Senior Manager Makes News for Volunteer Work with Veterans

Posted by Bowman & Company LLP on May 3, 2023 2:50:52 PM
Bowman Senior Manager Makes News for Volunteer Work with Veterans

On Thursday April 20th, Bowman Senior Manager Michael Thilker and the South Jersey Honor Flight program made headlines for another successful event for veterans of the US armed forces. The organized effort between South Jersey Honor Flight and Williamstown High School's students & faculty allowed 100 veterans to have an unforgettable experience. Multiple local media outlets, including ABC News (Channel 6) and CBS News (Channel 3), documented the heartwarming display of volunteerism & appreciation for their respective television audiences.

Read More

Topics: Not-for-Profits, Events, #BowmanGivesBack

Remembering Jarred Corn

Posted by Bowman & Company LLP on Mar 27, 2023 4:38:06 PM
Remembering Jarred Corn

We are saddened to inform you that our managing partner, Jarred Corn, passed away unexpectedly on March 24, 2023.

Read More

Topics: Government Entities, Press Releases, Events

Crypto Charity: IRS Creates New Regulations on Donation Appraisals

Posted by Bowman & Company LLP on Mar 21, 2023 9:15:00 AM
Crypto Charity: IRS Creates New Regulations on Donation Appraisals

Even if you are not invested in cryptocurrency or understand the technology behind it, you may have noticed a growing number of crypto companies advertising in entertainment & media in the past few years. The presence of crypto in the modern economy grows with each day that passes. From digital currencies such as Bitcoin to Non-Fungible Tokens (NFTs), people are looking to diversify investments digitally. Ever since cryptocurrency emerged into the public consciousness, regulation of the industry has been playing "catch-up" to the fast-paced, volatile nature of the industry. The IRS has recently indicated in a chief counsel advice memorandum that that a taxpayer must submit a qualified appraisal to substantiate the fair market value (FMV) of donated cryptocurrency exceeding $5,000 and may not rely on the value listed on a cryptocurrency exchange.

Read More

Topics: Not-for-Profits, Professional Services

After Multiple Delays, What's the Status of New Jersey REAL ID?

Posted by Bowman & Company LLP on Mar 20, 2023 11:15:00 AM
After Multiple Delays, What's the Status of New Jersey REAL ID?

Right before the beginning of the Pandemic, most people started to hear about "REAL ID" for the first time. However, the US Government started planning this initiative over 17 years ago in 2005. Some government agencies had already began enforcing it for personnel by 2014, but the target date for nation-wide enforcement was originally set for 2020. The rollout was understandably delayed by the COVID-19 pandemic to 2021; and then extended again to 2023, and then finally to 2025. With all of these setbacks, many people are confused on the current status of REAL ID. So, where do things stand now as of March 2023? This blog will walk you through all things related to REAL ID and the New Jersey Motor Vehicle Commission (NJ MVC).

Read More

Topics: Government Entities

Then and Now: Women in the Field of Accounting

Posted by Bowman & Company LLP on Mar 1, 2023 5:07:45 PM
Then and Now: Women in the Field of Accounting

Today is the beginning of Women's History Month 2023. Women have a tremendous impact in the field of accounting, as they currently represent 62% of professionals in the industry. This figure is the culmination of 124 years of progress, determination, and achievement since the first woman to ever become a certified public accountant in 1899. Today, Bowman would like to highlight some achievements of women in our industry today, as well as the trailblazers that made today possible.

Read More

Topics: #DiversityandInclusion

Bowman Brings Awareness to American Heart Month

Posted by Bowman & Company LLP on Feb 24, 2023 3:56:39 PM
Bowman Brings Awareness to American Heart Month

If you've passed our Voorhees office in the evening recently, you may have noticed a slight change in decoration. All month, there have been red lights illuminating the sides of the building. While the color red in February is a symbol of Valentine's Day, it also represents American Heart Month. This year marks the 57th nationally recognized Heart Month, since it was officially proclaimed by Lyndon B. Johnson in 1964. At Bowman, we take education on health seriously, and we want our community to know the facts on heart health as well!

Read More

Topics: Not-for-Profits, Healthcare

Black History in Accounting: Who Was the First African American CPA?

Posted by Bowman & Company LLP on Feb 1, 2023 11:00:00 AM
Black History in Accounting: Who Was the First African American CPA?

Today marks the beginning of black history month for 2023. All over our cultural landscape, you can see headlines for African Americans accomplishing great things; In business, Rosalind Brewer (Walgreens CEO), Rashida Jones (MSNBC President), Cynt Marshall (Dallas Mavericks CEO), Mellody Hobson (Starbucks Chair of BOD), Marvin Ellison (Lowes President & CEO), and many more have all recently earned important roles in shaping the country's economy. Angela Bassett, Brian Tyree Henry, Tems & Rihanna have been nominated for Oscars in 2023 and represent the talent and diversity of the entertainment industry. While many African American individuals are setting "firsts" in their respective fields and companies, this begs the question: who was the first African American CPA?

Read More

Topics: #DiversityandInclusion

Bowman's Day of Service Targets Food Insecurity

Posted by Bowman & Company LLP on Jan 26, 2023 2:30:00 PM
Bowman's Day of Service Targets Food Insecurity

If there's one way to honor the memory of Dr. Martin Luther King, Jr, it's through acts of service. On MLK Day this year, Bowman & Company LLP employees dedicated their time towards a cause that affects many people in our area: food insecurity. By partnering with Cathedral Kitchen, we were able to provide and serve food to hundreds of individuals in the area.

Read More

Topics: #BowmanGivesBack