The Partners of Bowman & Company LLP have elected three staff to join the Partnership group in July 2024. Pictured from left to right are Kenneth M. Drewes, CPA, RMA, PSA, CMFO of the Governmental Services Department, Michael J. Thilker, CPA, CITP of the...
THE BOWMAN BLOG
We’re happy to offer news, updates, and thought leadership to our clients, friends, and subscribers. Please feel free to look around and subscribe to whatever topics you’re interested in using the form to the right.
Juneteenth: What Was Learned as a Nation
by Bowman & Company LLP | Jun 19, 2024 | #DiversityandInclusion, Government Entities
Today marks three years since Juneteenth was declared a federal holiday. This holiday commemorates the deliverance of the news of emancipation to the last slaves in the United States in 1865, following the end of the Civil War. Even though President Abraham Lincoln...
A Guide to Unclaimed Property in NJ: Anything for Me?
by Bowman & Company LLP | Jun 4, 2024 | Government Entities, Professional Services
Personal finances are a source of stress for millions of people. It’s hard to keep track of bills, taxes, loans, and other financial obligations. When faced with debts, people can easily forget to consider the fact that they might be owed money themselves....
What is the Corporate Transparency Act?
by Bowman & Company LLP | May 30, 2024 | Construction, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits, Professional Services
The Corporate Transparency Act (“CTA”) was enacted January 1, 2021, as part of the National Defense Authorization Act, representing the most significant reformation of the Bank Secrecy Act and related anti–money laundering rules since the U.S. Patriot Act. The CTA is...
The SECURE Act 2.0: Better 401(k) Coverage for Part-Time Employees
by Bowman & Company LLP | Apr 9, 2024 | Construction, For-Profit Entities, Funeral Homes, Government Entities, Healthcare, Not-for-Profits, Professional Services
Christina Barry, Commercial Services Associate | The SECURE Act, passed in December of 2019, provided many part-time workers the opportunity to participate in an employer retirement plan. Before the SECURE Act had been passed, employees who worked fewer than 1,000...
Bowman Hosts 34th Annual Budget Seminar
by Bowman & Company LLP | Feb 13, 2024 | Events, Government Entities, Professional Services, Speaking Engagements
Every year, New Jersey residents elect officials to represent them in local government bodies. These elected offices hold great importance to the functionality and stability of every community across the state. As one of the largest Firms in New Jersey for Registered...
Working from Home: When Taxes Aren’t “Remotely” Simple
by Bowman & Company LLP | Nov 8, 2023 | Construction, For-Profit Entities, Government Entities, Not-for-Profits, Professional Services
When the COVID-19 pandemic began, restrictions on travel and public interactions meant that millions began working from home out of necessity. An unintentional consequence of that period of time sparked a new trend: working from home for the sake of personal...
Summer’s Wrapping Up for 2023, and so is New Jersey’s Sales Tax Holiday
by Bowman & Company LLP | Aug 29, 2023 | Government Entities
It isn’t just students that are lamenting the end of Summer break. Parents are feeling the sting of the new school year where it hurts: their wallets. New supplies, clothes, equipment, and other necessities are expensive, especially with inflation affecting retail...
GOVERNMENTS CAN WIN THE WAR ON FRAUD: GRANTS & PROGRAM MANAGEMENT (PART 2 OF 2)
by Bowman & Company LLP | Jul 31, 2023 | Federal Services, Government Entities
Internal controls are fundamental to every government's ability to detect and prevent internal & external fraud. Previously in this series, we wrote that the war on government fraud starts with the five components of internal control known as the Committee of...
Governments Can Win the War on Fraud: Grants & Program Management (Part 1 of 2)
by Bowman & Company LLP | Jul 28, 2023 | Federal Services, Government Entities
Internal controls are fundamental to every government's ability to detect and prevent internal & external fraud. Previously in this series, we wrote that the war on government fraud starts with the five components of internal control known as the Committee of...