Business News

Types of Valuation Reporting Engagements - A Cost/Benefit Analysis
...Effective January 1, 2008, the AICPA issued the one and only valuation standard. Statement on Standards for Valuation Services No. 1 (SSVS No.1). In an effort to improve the consistency and quality of practice SSVS No. 1 permits only two types of valuation engagement... READ MORE
Are You Entitled to a Reduction In Your Taxes?... READ MORE
Haitian Earthquake Relief Advisory... READ MORE
Read the latest update from SMF on the SALT Update - New York State Tax Amnesty (PAID) Program... READ MORE
An update on Roth IRA Conversions... READ MORE
Don't forget to gather payroll information and provide it to your payroll company prior to year end... READ MORE
SALT Update: Voluntary Disclosure and Tax Amnesty
New York State, New York City and Pennsylvania and Philadelphia sales tax rate increase... READ MORE
On November 6, 2009, President Obama signed the "Workers, Homeownership, and Business Assistance Act of 2009" into law... Read the highlights HERE
Why Companies Should Start Evaluating FIN 48 Now...
At this time last year, most nonpublic companies and CPA firms were excited to learn that the effective date of FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48) was delayed for another year... READ MORE
Tough Times Coincide with Rise in Fraud
The recession exposes NJ businesses to a greater risk of fraud and embezzlement... READ MORE
State Tax Law Changes - New Jersey and New York
NJ and NY have made tax law changes that affect business and individuals. Click HERE for a summary of some of the pertinent, recently enacted changes.
Business Valuation
Why Should You Do It? ... READ MORE
Stimulus act provides substantial tax breaks for businesses and individuals ... READ MORE
Managing During Uncertain Economic Times
Reprinted from Construction Executive, October 2008, a publication of Associated Builders and Contractors. Copyright 2008. All rights reserved. READ MORE

Firm News

Total Client Focus Newsletter Available
Download the latest issue of our newsletter HERE
SMF Hosts NFP Fist to Five Seminar
The event was a great success!
Click HERE to read a blog with a summary about the event.
Link to the blog: http://tinyurl.com/y9b2cju
Shelley A. Brown, MBA, CPA/ABV, CVA, CFF Teaches for NACVA
READ MORE
SMF IS PROUD TO ANNOUNCE...
For the 3rd year, SMF has been voted as one of the Best Places to Work by NJBIZ. The honor is bestowed on New Jersey companies that show a dedication to their employees' growth and quality of life.
Susan Reed is honored as one of 2009's New Jersey's Best 50 Women in Business!
Sue has been recognized for her commitment to professional excellence and efforts in the community. SMF congratulates you in your tremendous accomplishments.
2009 Tax Planning Guide
Download this year's issue of the guide HERE
Susan E. Reed, CPA, CFP spoke at the NJ Society of Oncology Managers Seminar, advising practice administrators on how to cut costs without compromising patient care. For more information, please contact Sue at sreed@smf-cpa.com
Joseph T. Shannon, CPA/ABV, CVA, CFE spoke at a Shenkman Estate and Tax Planning Seminar regarding Valuation Discounts in Estate and Gift Tax Engagements. For more information, please contact Joe at jshannon@smf-cpa.com
Henry Fuentes, MBA, CPA, ABV, CFE spoke at the Southwest Chapter and Bergen Chapter of the New Jersey Society of CPA's on the topic of Fair Value Accounting. For more information, please contact Hank at hfuentes@smf-cpa.com
We are pleased to announce that Hillard Kaufer, CPA, was recognized for his distinguished service to the New Jersey Society of Certified Public Accountants as the Interest Group Leader of the Cooperation with IRS Interest Group Committee.
SMF article in COMMERCE magazine
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Financial Managers Forum
The Financial Managers Forum is a resource for top financial managers working with clients and friends of the Firm. This select group of professionals meets on a regular basis to discuss challenges and help each other formulate solutions. Click below to learn more or contact Marc Blumenthal at 973-472-6250. READ MORE