What Others Say
Industries We Work With
CONSTRUCTION
REAL ESTATE
Professional Services
MANUFACTURING AND DISTRIBUTION
Life Sciences / Biotechnology
WITH YOU FROM THE GROUND UP
Several members of the Stephano Slack team worked for construction companies before entering the field of public accounting, building a body of experience in accounting practices and key rules and procedures unique to the industry. We’re well prepared to assist your company in project planning, cash flow management, market growth projections, and risk assessment. Construction industry tax and financial regulations are constantly changing. We take pride in our ability to keep clients current with compliance issues and ahead of the curve in terms of understanding the business and tax consequences of new and existing projects.
Our client list includes construction managers, general contractors and subcontractors. Whether you need financial statements with guaranteed accuracy, job cost and billing software solutions or help in planning with an eye toward maximizing profits and minimizing your tax burden, our firm is willing to work with you on a one-to-one basis to understand your business goals and ultimately help you achieve success.
SERVICES
- Asset Management
- Bookkeeping and Bill Paying
- Job Cost Management
- Tax Compliance, Planning, and Preparation
- Technology Consulting
- Cash flow Monitoring and Analysis
Tax Articles
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
BUY, SELL AND INVEST WITH CONFIDENCE
Current economic conditions present significant challenges to those engaged in real estate transactions. That’s why investors, developers, and property owners rely on the team at Stephano Slack for support. Whether you’re preparing for an upcoming purchase or sale, or need help in reducing the risks presented by market fluctuations, interest rates, and tax law changes, we’ll provide the advice and services needed to close your transaction in a timely and profitable manner. We’ll also work seamlessly with other professionals such as attorneys, banks, and investment counselors to produce the desired results.
Over the years, we’ve used our expertise to serve developers, agencies and individuals at transaction time. We are also experienced in providing a complete body of services to property owners, ranging from tax planning and preparation to financial statements, audits and agreed-upon procedures. Contact us to be sure that you’re making the most of each real estate ownership opportunity.
SERVICES
- Financial Statements
- Tax Planning and Preparation
- Acquisition Evaluations
- Tax-Deferred Exchanges
- Income/Loss Allocations
Related Articles
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
MAXIMIZE YOUR TAX STRATEGY
Our tax planning professionals are active year-round, using the newest electronic resources to monitor changes to IRS, state and local regulations. They work to keep our clients updated on the potential impact of these developments on their personal finances and business earnings. Members of our team have hands-on experience in leading industries such as manufacturing, wholesale distribution, real estate and professional services, in addition to estate planning for high net worth individuals.
Is there a merger, acquisition or reorganization in your business future? Let our tax team handle the preparation. Our professionals offer decades of experience in structuring acquisitions, performing due diligence, and creating comprehensive plans that include state and local income, sales, franchise and other applicable taxes. We’ll develop a plan that minimizes your tax burden and maximizes your earnings, and help to execute that plan using the latest tax information software technologies.
SERVICES
- Customized Tax Plan Development
- Monitoring of Tax Legislation
- Tax Accounting (SFAS109 and FIN 48)
- State and Local Tax Services
- Estate Planning Assistance
Related Articles
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
EXPERTS IN STRATEGIC GROWTH PLANNING
At Stephano Slack, our team of specialists in the manufacturing and distribution industry will take the time to get acquainted with your business and evaluate its unique features and requirements. We serve enterprises of all sizes, providing advice and services related to tax matters, auditing, and accounting, as well as business valuations and customized advisory services. We also partner with clients to manage everyday industry concerns such as cash flow, inventory control, production, and tax planning and compliance. Our team members have guided businesses through all stages of growth, from start-ups to multi-million dollar success stories. We’ll partner with you to accurately assess the current status of your business, plan for the future, plus set specific goals and meet them, all while providing a level of personalized service that exceeds your highest expectations.
Are you confident in your current tax strategy? Are you ready to take a closer look at the current value or future earnings potential of your business? Contact us today —we’ll find the solutions best suited to your enterprise and implement them to produce optimal results.
SERVICES
- Audit and Accounting Services: audits, reviews, compilations and agreed-upon procedures
- Business Advisory
- Business Valuations
- Inventory Control and Production Strategies
- Tax Strategies and Compliance
Blogs
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
YOUR PARTNER IN NONPROFIT PLANNING AND GROWTH
At Stephano Slack LLC, we work with nonprofits dedicated to a variety of purposes, including but not limited to charitable, cultural, and religious organizations, foundations, and scientific and research organizations. Our team members offer extensive knowledge of the laws and regulations that define nonprofit operations and monitor changes so that our clients can take action to ensure the best possible financial result. They will get acquainted with your organization and provide personalized assistance in choosing the accounting, tax and consulting services needed to satisfy the unique requirements of your nonprofit.
Our dedicated professionals will assist in organizing your nonprofit operations for maximum efficiency, tax planning and preparation, employee compensation, and benefit plan management. Take advantage of our expertise — we’ll handle the accounting details and you’ll have more time to focus on your mission.
SERVICES
- Tax Compliance and Planning
- Nonprofit Audits
- Tax-Exempt Status Reviews
- Budgeting
- Entity Structuring
- Employee Benefit Plan Audits
Related Articles
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
Life Sciences / Biotechnology
With a niche specialty in accounting for government grants and various available tax credits, we are there to support your company from its pre-revenue beginnings through its ongoing growth.
Related Articles
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack's partner, Ralph Cetrulo, was featured in Town Square Delaware's article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate
On January 18, the Internal Revenue Service issued final regulations and three related pieces of guidance regarding the new 20 percent Qualified Business Income (QBI) deduction for pass-through businesses under Code section 199A. The new QBI deduction, created by the...
Sales and Use Tax: Pennsylvania Adopts Economic Nexus
In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: - Register for a license - Collect, report, and remit sales tax Marketplace Facilitator: A marketplace...
Delaware Creates Angel Investor Credit
The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
Preparing for the Year End
As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants. Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
“I am not an Accountant” but you are Responsible for the Accounting
Often times at year end, CPA stress levels begin to escalate because of tax planning, preparation for busy season, as well as what’s to come from analyzing a client’s set of books for the entire year. Our firm has seen specific accounting errors countless times, which...
Get tax benefits of Appreciated Stock Donations!
Donating appreciated stock from your investment portfolio instead of cash has two benefits. First, you can claim charitable deductions equal to the stock’s fair market value if you itemize deductions. Second, you can avoid the tax on the unrealized capital gains of...
Outsourced Accounting
Stephano Plus functions as an extension of your team—bringing you the services and advice you need for a strong financial foundation.
From back office support to outsourcing the entire function on an interim or permanent basis, we offer a flexible approach, remote capability, and a variety of service models from weekly to monthly to as-needed.
As a full-service accounting and advisory firm, working with our Outsourced Accounting team gives you access to our entire staff of CPAs and consultants. To top it off, our customized service approach lets you control cost and level of engagement.
Learning Center
What to Do if You Receive an Employee Retention Credit Recapture Letter
The IRS is sending out up to 30,000 Employee Retention Credit (ERC) recapture letters this fall, affecting over $1 billion in claims. They notify business taxpayers that the IRS is reversing or recapturing their previous ERC credit.
Labor Department Launches Data Collection for Lost Retirement Savings Tool
The U.S. Department of Labor is launching the Retirement Savings Lost and Found database by December 29, 2024, to help workers locate lost retirement savings. EBSA has called on the retirement plan community to voluntarily provide the necessary data to populate the database and ensure its success. Read our blog to learn more.
Maximize Tax Savings on Equipment Purchases Before 2024 Ends
There’s still time to leverage significant tax breaks for purchasing equipment before December 31. Here's what you need to know about the Section 179 tax deduction and bonus depreciation for 2024
BOI Reporting on Hold: What Businesses Need to Know and How to Stay Prepared
A federal court has issued a nationwide injunction blocking enforcement of the Corporate Transparency Act (CTA) and its BOI reporting rule, citing constitutional concerns. The ruling halts compliance with the January 1, 2025, deadline pending further court action.