News

The New Jersey Manufacturing Voucher Program: What you need to know New Jersey is launching a $20,000,000 pilot program to assist manufacturers with accessing the equipment they need to be more efficient, productive, and profitable. The New Jersey Manufacturing Voucher Program will provide grants to those within targeted industries for a portion of eligible equipment […]

On October 26, 2022, the State of New York announced a new tax credit program. The COVID-19 Capital Costs Tax Credit Program will subsidize small businesses for COVID-19-related expenses incurred between January 1, 2021, and December 31, 2022.  Eligible businesses must:  Qualifying expenses include disinfecting supplies, physical barriers, hand sanitizing stations, respiratory devices (such as […]

On March 18, 2020, the Senate passed an amended Families First Coronavirus Response Act (H.R. 6201) and sent it to the President’s desk. The President signed the bill into law later that day. Meanwhile Congress is far along in considering a third, and significantly larger, stimulus and relief bill. PAID LEAVE The new law requires […]

  We at Smolin hope that you and your families are all safe and healthy! Years ago, Smolin implemented a system that  enables workflow to occur remotely and seamlessly from wherever we are. During these unprecedented times, we’ve been using these systems with great success, allowing our team members to safely work and practice social […]

Certain marketplace facilitators, remote sellers and referrers facilitating, making or referring sales to Pennsylvania customers must make an election to either: (1) register to collect and remit sales tax beginning April 1, 2018; or (2) comply with tax notification and reporting requirements (“Notice and Reporting Requirements”). The deadline for this election is March 1, 2018. […]

On September 29, President Trump signed the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (the Disaster Act) into law. The legislation includes several new tax breaks for Hurricane Harvey, Irma, and Maria victims and a few tax breaks for everybody. Unless you or your business was directly affected by one of […]

The following post is an article by A.S.K. The writer that wrote the article below is not affiliated with Smolin in any way. Anyone who has had the pleasure to meet John M. Szczomak, of the Passaic Valley Elks Lodge #2111, quickly realizes that he has a passion to serve and help others in need. […]

Provided by Business Wire.  National Accounting Firm’s Leaders Take Pies to Face for Children’s Charity May 31, 2017 10:00 AM Eastern Daylight Time CHICAGO--(BUSINESS WIRE)--BDO USA, LLP, one of the nation’s leading accounting and consulting firms, recently raised $75,000 during a two-week employee fundraising drive in support of Red Nose Day, the Comic Relief charity […]

One of our clients was recently a victim of a spoofed email involving a wire transfer fraud.  Because of this, we thought that all of our clients and business contacts should be reminded of the internet dangers posed by cyber criminals. The FBI has recently reported a dramatic increase in cyber related crimes involving spoofed […]