Common Mistakes to Avoid with your Legal and Accounting

  • 10/20/2021
  • 12:00 PM
  • Becker Webinar Platform

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Common Mistakes to Avoid with your Legal and Accounting

October 20th @12:00PM

Running a successful staffing company involves many key components.  Overseeing day-to-day operations, maintaining client relationships, assuring quality, and placing and keeping candidates in the workforce certainly keeps your schedule full.  That is why having outside professional resources to work with on your accounting and legal needs is imperative.  By working with experienced advisors who specialize in the staffing industry you can focus your attention where it is needed most, and can assist you in avoiding common mistakes and pitfalls that can be a drag on profits.

The teams from Becker LLC and Citrin Cooperman will discuss what they have seen as critical issues in the staffing industry to avoid that can make a big impact on your bottom line.  During their session, the panel will discuss:

·        Independent Contractors

·        Pertinent Contract Clauses with Clients

·        Selection of the appropriate income tax reporting basis

·        Participation in lucrative tax credit programs

·        Failure to register and file taxes in the appropriate jurisdictions

·        Incorrect owner compensation methodologies

·        Proper accounting for workers’ compensation liability, including captive insurance policies

·        Revenue recognition for different revenue streams, including gross vs net presentation

·        Accounting for PPP loan forgiveness/revenue recognition

Thank you to our Speakers: 

  • ·        Martin Borosko, ESQ. Partner Becker LLC

  • ·        Chris Leddy, ESQ.,  Partner, Becker LLC

  • ·        BJ Hoffman, CPA, Partner, Citrin Cooperman

  • ·        Mike Napolitano, CPA, Partner, Citrin Cooperman

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Please contact Christine with any questions. or 617-997-2310

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