Joseph A. Caplan, CPA, MBA, a Partner of RRBB, was happy to participate in an interview for NJBIZ. His quote appears in the article, “A growing company should review its structure, experts advise.”

About the NJBIZ Article

“‘A business that’s considering a change in structure has to review a lot of issues,’ noted RRRB Partner and Tax Department Chair Joe Caplan. ‘In addition to tax considerations, the ‘right’ structure will also depend on the goals of the owners, and their respective liquidity or financing needs.’”

The article addresses recognizing when it is time for a business structure change. For example, it may have initially been logical to form a new business as a sole proprietorship. However, an antiquated corporate structure could result in extra tax and other charges when a successful company expands. Topics discussed include when a business owner should review their company structure, general guidelines around advantages or disadvantages regarding different structures, tax codes to consider, and more. To read the full article, visit njbiz.com.

About Joe Caplan

Joe serves as Chair of the RRBB Tax Department. He focuses on providing tax, advisory, attest, and accounting services to owner-managed businesses in various professional service industries. Generally, these industries include medical and dental practices, law firms, real estate, and small businesses. Joe counsels clients on business and tax strategies to assist them in dealing with short- and long-term challenges, opportunities, and growth.

Passionate about the profession, Joe has made significant contributions to the firm, community, and industry. Thus, NJBIZ listed him in the 2019 “Vanguard Series: Accounting” issue. Joe is an active member of the New Jersey Society of Certified Public Accountants (NJCPA). There, he serves as Vice President of the Monmouth/Ocean Chapter and as Chair of the Chapter’s Healthcare Committee. Joe is also a member of the Young Member Leadership Committee for the American Institute of Certified Public Accountants (AICPA). Through the AICPA, he graduated from the Leadership Academy, being one of 41 CPAs chosen from around the country.

Joe, a resident of Howell, received his Master of Business Administration from Saint Peter’s University in 2010. He received his Bachelor of Science in Accounting, cum laude, from the College of Staten Island, the City University of New York (CUNY), in 2005.