blog | Bowman & Company, LLP

US Department of Labor Is Expanding Employees Eligible for Overtime

Posted by Bowman & Co on Jan 20, 2020 10:00:00 AM
US Department of Labor Is Expanding Employees Eligible for Overtime

Effective January 1, 2020, all employees must earn at least $684 per week (or $35, 568 annually) before they can be exempt from overtime. The current threshold is $455 (or $23,660 annually).

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, Federal Services

Bowman Cultivating Career Awareness In High School Students

Posted by Bowman & Co on Jan 16, 2020 3:30:00 PM
Bowman Cultivating Career Awareness In High School Students

On November 15th, Bowman & Company LLP's Senior Manager Maryann Holloway visited Deptford Township High School to speak with the next generation of potential accountants.

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Topics: Speaking Engagements, Events, #BowmanGivesBack

Bowman at the Oaks Integrated Care Thanksgiving Food Drive

Posted by Bowman & Co on Jan 16, 2020 10:00:00 AM
Bowman at the Oaks Integrated Care Thanksgiving Food Drive

This past fall, Bowman team members traveled to the Berlin and Mount Holly locations of Oaks Integrated Care's annual Thanksgiving food drive to lend a hand in this tremendous event. Together, volunteers from throughout the Burlington & Camden Counties spent the day accepting and sorting food donations and preparing bags of donated items for delivery to those in need.

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Topics: Events, #BowmanGivesBack

Bowman Members Verify 2020 Mummers Parade String Band Results

Posted by Bowman & Co on Jan 15, 2020 10:00:00 AM
Bowman Members Verify 2020 Mummers Parade String Band Results

On January 1st, Bowman & Company Partner Harry P. Wills and retired Supervisor Steve Reilly brought in the New Year by helping tabulate and present the results of the Mummers Parade String Band competition.

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Topics: Events, #BowmanGivesBack

Bowman Brings Holiday Cheer to the Children of Camden

Posted by Bowman & Co on Jan 14, 2020 3:52:40 PM
Bowman Brings Holiday Cheer to the Children of Camden

Shortly before Christmas last year, Bowman & Company LLP staff visited Camden City Hall for the City's annual holiday gift drive. In what has now become a holiday tradition, Bowman Partners and staff donated presents of toys and clothing to the children of Camden to help them celebrate the holidays. Food was served, holiday music was played, and Santa and his elves were on hand to deliver presents. The children were all thrilled to take part in this wonderful event, and a jolly, festive time was had by all.

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

Tips for Securing Internet of Things (IoT) Devices

Posted by Michael Thilker, CPA, CITP, Manager on Jan 14, 2020 2:59:40 PM
Tips for Securing Internet of Things (IoT) Devices

Internet-connected devices or Internet of Things (IoT) devices are popular holiday gifts. Now that the holidays are over, our shiny new tablets, phones, smart TVs, watches, and toys are providing hours of entertainment. Before the boxes and instruction manuals are long gone, it is the perfect time to make sure they are secure! These devices usually require personal and/or financial information to complete setup, which includes sending that information over the internet. Without thinking about it, we put in a credit card number or create a password in our haste to play with our new toy or satisfy an impatient child. Security of this sensitive information now resides with the manufacturer or service provider who is charged with keeping it safe from a cyberattack. Attacks and breaches happen every day and are frequently in the news.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Funeral Homes, Construction, Professional Services, Healthcare, Federal Services

Bowman Receives Gold Recognition from the American Heart Association

Posted by Bowman & Co on Jan 14, 2020 1:30:40 PM
Bowman Receives Gold Recognition from the American Heart Association

Bowman & Company LLP is proud to have achieved Gold recognition in the American Heart Association’s Workplace Health Achievement Index. Of the approximately 900 companies evaluated, it is with great pleasure to announce that we are in the top quadrant of employers with quality workplace employee health programs. Bowman is particularly honored to be the first and only CPA firm in New Jersey to achieve the Gold level of performance in this program and among the very few CPA firms recognized nationally.

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Topics: Press Releases

In Memoriam - Thomas P. Duffy: 1929 - 2020

Posted by Bowman & Co on Jan 10, 2020 2:37:11 PM
In Memoriam - Thomas P. Duffy: 1929 - 2020

Bowman & Company LLP extends its heartfelt condolences on the passing of our retired Partner, Thomas P. Duffy.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Events, Funeral Homes, Construction, Professional Services, Healthcare, Federal Services

The SECURE Act: What You Should Know Now

Posted by Bowman & Co on Jan 10, 2020 9:00:00 AM
The SECURE Act: What You Should Know Now

President Donald Trump has signed into law the Setting Every Community Up for Retirement Enhancement or SECURE Act. The Act ushers in major changes to the way most Americans plan and save for retirement.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, Federal Services

Tied Down to Your 401(k) Plan’s Cost? Discover the Alternatives

Posted by Bowman & Co on Dec 27, 2019 9:00:00 AM
Tied Down to Your 401(k) Plan’s Cost? Discover the Alternatives

Before 401(k) plans burst onto the employee benefit scene in the 1980s and traditional pension plans had not yet gone nearly extinct, there were profit-sharing plans. The purpose of these plans, as the name suggests, was to spread some of your profits around the workforce.

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Topics: Government Entities, Not-for-Profits, For-Profit Entities, Construction, Professional Services, Healthcare, Federal Services