News & Knowledge
Tax on income not earned is possible after Ethereum Merge20220928150200
Tax on income not earned is possible after Ethereum Merge
September 28, 2022
See this article as it originally appeared in Cointelegraph. After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax season. Cryptocurrency forks, such as Bitcoin Cash, have created headaches for investors and accountants alike in the past....
How the Inflation Reduction Act affects different types of taxpayers20220921151852
How the Inflation Reduction Act affects different types of taxpayers
September 21, 2022
The Inflation Reduction Act of 2022 is a massive piece of legislation affecting everything from energy to healthcare, and of course, taxes. Here are key elements of the bill that was signed into law this month and how they affect different types of organizations and individuals. Large corporations T...
Deferral period for paying off SBA loans ending soon20220914120200
Deferral period for paying off SBA loans ending soon
September 14, 2022
I was interviewed recently for a Hartford Business Journal article about how the ability to push off repayments from U.S. Small Business Administration’s Economic Injury Disaster Loan program will come to a close in October for the earliest borrowers. The program kept many companies going thro...
Small businesses are dealing with big headaches20220913114247
Small businesses are dealing with big headaches
September 13, 2022
I was interviewed recently for a Hartford Business Journal article about small businesses grappling with the difficulties of inflation, supply chain disruptions, employee shortages and more. As a founding partner of FML, I’ve kept my finger on the pulse of the perpetually changing financial la...
5 steps to avoid mismanaging biopharma grant funds20220908111603
5 steps to avoid mismanaging biopharma grant funds
September 8, 2022
See this article as it originally appeared in Pharmaceutical Online. Here is an excerpt from an article I wrote for Pharmaceutical Online about what needs to be done after winning a grant. It was also published by Outsourced Pharma, Bioprocess Online and Biosimilar Development. After an exhausting p...
James Goldkamp, Yana Reiser promoted to director positions20220729120900
James Goldkamp, Yana Reiser promoted to director positions
July 29, 2022
Fiondella, Milone & LaSaracina has announced the promotion of James Goldkamp, CPA to director of tax services and Yana Reiser, CPA to director of assurance and advisory services. Goldkamp began his career at FML in 2008 as a generalist in the tax department after graduating from Eastern Connecti...
Are convertible notes the right way to fund your startup?20220727101000
Are convertible notes the right way to fund your startup?
July 27, 2022
See this article as it originally appeared in TechCrunch. If an early-stage startup is ready to raise money but its valuation hasn’t been established yet, a convertible note can serve as a good fundraising option. A convertible note is a debt instrument that typically converts into equity at a later...
Not-for-profits need a profit: Revenue streams ensure longevity20220714134400
Not-for-profits need a profit: Revenue streams ensure longevity
July 14, 2022
See this article as it originally appeared in the Hartford Business Journal. Some not-for-profit leaders feel an obligation to apply every possible dollar to the mission. While the impulse is noble, the organization’s impact in the long term will be greater if it remains on stable financial footing....
Connecticut launches JobsCT rebate program20220711170906
Connecticut launches JobsCT rebate program
July 11, 2022
Governor Ned Lamont recently signed into law a new tax incentive program for employers which he describes as a “targeted, earn-as-you-grow incentive program for businesses to expand in or relocate to Connecticut.” Previously a grant program, the new JobsCT rebate program provides refundable tax cred...
New Haven Biz quotes Frank Milone about current startup environment20220706140354
New Haven Biz quotes Frank Milone about current startup environment
July 6, 2022
New Haven Biz recently published a story with the headline “IPO, SPAC slowdown may crimp New Haven biotech growth.” Speaking at the Yale Innovation Summit — of which FML is a gold sponsor — back in May, Arvinas CEO John Houston cautioned startup executives about the “more or less d...
