Despite headlines, crypto will gain traction in the mainstream business community in 202320230109124145

Despite headlines, crypto will gain traction in the mainstream business community in 2023

FMLJanuary 9, 2023
For the Hartford Business Journal's economic forecast issue, FML partner Justin Wilcox explores the 2023 cryptocurrency outlook....
How to build your finance team as your company grows20230104155928

How to build your finance team as your company grows

FMLJanuary 4, 2023
As a company grows, so does its financial team. But not all companies have the same finance needs. Which roles should you prioritize? And how do you know when it’s time to fill them?...
SBF’s prosecution could determine classification of FTX losses20221216090000

SBF’s prosecution could determine classification of FTX losses

FMLDecember 16, 2022
Writing for Cointelegraph, FML partner Justin Wilcox explores how charges against FTX founder Sam Bankman-Fried may affect how the IRS views individual investor losses in the crypto exchange collapse....
Fairfield County Business Journal details how FML is helping LobsterCraft expand20221212123000

Fairfield County Business Journal details how FML is helping LobsterCraft expand

FMLDecember 12, 2022
Fairfield County Business Journal published a piece about how, in 10 years time, LobsterCraft has gone from a one-man food truck to a franchise with global aspirations. FML director of advisory services Julie Gionfriddo and her team have been instrumental in helping LobsterCraft grow....
Policy shifts, macroeconomics dominate year-end small business tax strategies20221121080000

Policy shifts, macroeconomics dominate year-end small business tax strategies

FMLNovember 21, 2022
With just weeks left in the year, businesses can still take actions that will benefit their 2022 tax position. FML partners Jim Arcouette and Bill Slattery explain how in this article they co-authored for Hartford Business Journal....
Burned out on public accounting or burned out on your firm? They’re not the same thing.20221006140900

Burned out on public accounting or burned out on your firm? They’re not the same thing.

FMLOctober 6, 2022
See this article as it originally appeared in Accounting Today. Burnout is real. And in the wake of the pandemic, in one way or another, most of us have felt it. Even before the pandemic, I saw young accountants make a common mistake: assuming they are burned out with public accounting as a professi...
Tax on income not earned is possible after Ethereum Merge20220928150200

Tax on income not earned is possible after Ethereum Merge

FMLSeptember 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

FMLSeptember 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

FMLSeptember 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

FMLSeptember 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...