Smolin Service AreasPlanning opportunities for you and your business

Written by Henry Rinder, CPA CFE ABV CFF CGMA Unfortunately, many businesses have experienced collection problems during the COVID-19 pandemic. Accounts receivable are a significant item on most companies’ balance sheets. Slow-paying or nonpaying customers/clients adversely affect the company’s cash flow. Cash is the bloodline of the business. Proactive measures can help identify and remedy

  The latest stimulus package has a number of implications for businesses. Find out what exactly is included and what it means for businesses, as well as you – and your taxes, in our upcoming webinar.  Here’s an example of just some of the items included in the package: Additional PPP loan funds Deductibility of

Imagine this: one of your employees accesses your records without authorization, then uses stolen customer lists to start his own business. It’s not that far-fetched! In fact, this happened at one mortgage company where the perpetrator stole protected records by sending malware to a coworker. In this case, the employee was caught in the act—but

Recent federal legislation will allow borrowers of PPP loans to take a tax deduction for payroll and other tax-deductible expenses incurred and paid with PPP funds. This new legislation reverses the IRS administrative policy, which disallowed a deduction for such expenses and will result in tax savings to businesses who used a PPP loan for