Smolin Service AreasPlanning opportunities for you and your business

The business energy credit, a valuable federal income tax benefit, is intended primarily for businesses that use alternative energy (other energy tax breaks may apply for the use of alternative energy in the home or production of energy for sale). This tax benefit applies to the acquisition of several types of alternative energy property and

If your company plans to buy or merge with another business, you’re probably focusing your attention on negotiating deal terms and conducting due diligence. However, you’ll also want to address the transaction’s post-closing financial reporting requirements—otherwise, you may face disappointing financial results, potential lawsuits, and restatements in the future. The following guidance will help you

Many employees have chosen to postpone using their allotted paid time off until pandemic-related safety concerns subside and COVID-19 restrictions are lifted. As a result, certain employers have seen an increase in accruals. The following guidance can help you evaluate if your company is required to report a liability for “compensated absences”—and how to estimate

Estate planning isn’t only concerned with what happens after you die—it’s also important to plan for how critical financial or medical decisions will be made if you can’t make them for yourself. With carefully designed powers of attorney for finances and health care, you can designate a trusted person to make medical and financial decisions