Michael works closely with the construction practice at Grassi, and has a clear understanding of the in-depth knowledge required for the unique accounting and tax requirements of the construction industry. Michael provides his clients with creative tax planning strategies that best tailor each client solution. Michael’s expertise in the construction industry has helped him build a strong reputation within the banking and bonding community that directly benefits clients.
In addition to Michael’s CPA license, he has also earned the designation of CCIFP (Certified Construction Industry Financial Professional). Michael also serves on the Board of Directors of the United Way of Rockland County.
The Park Ridge, NJ office of Grassi & Co. held its grand opening last night to an attendee list of over 125 people.Read More
Grassi & Co. recently moved their Rockland County, New York offices to Park Ridge, New Jersey. Having deep roots in the Construction, Healthcare, Trust & Estates, Manufacturing & Distribution, and Real Estate sectors, we will continue to offer our expertise in these areas to both current and prospective clients.Read More
Articles & Alerts
Governor Murphy announced this afternoon that he will be signing an Executive Order to ban all non-essential construction projects in New Jersey as of 8:00 p.m. on Friday, April 10, 2020Read more
As the national conversation about COVID-19 relief continues to take center stage, New Jersey businesses, nonprofits, employees and residents should not overlook the relief and changes happening right here in the Garden State.Read more
Disaster Loans Available for NJ Small Businesses
New Jersey's small businesses are now eligible for SBA loans up to $2 million each to cover losses caused by the Coronavirus outbreak.Read more
Last year, New Jersey became the first state to mandate employee transportation fringe benefits. Employers with as few as 20 employees are required to comply by March 1, 2020.Read more
The construction industry has many risks that cannot be controlled, but many contractors are taking on more of it than necessary. Construction Partners Michael Hochman and WIlliam Hughes explore the ways to mitigate the most common areas of contractor risk.Read more
Owners of New Jersey pass-through entities have a new way to get around the $10,000 cap on state and local tax (SALT) deductions imposed by the Tax Cuts and Jobs Act of 2017.Read more
One of the positives that came out of The Tax Cuts and Job Act is the change in the small contractor’s exemption of Average Annual Gross Receipts (AAGR) test from $10,000,000 to $25,000,000.Read more
While you offer your employees defined contribution, defined benefit, health and welfare, or profit sharing plans, it is important to know that offering these plans also comes with responsibilities and risks for the sponsoring company and the trustees of the plans.Read more
With growing concerns over the labor shortage, cyberattacks, safety laws and other areas of risks, the future of the construction industry is far from certain.READ MORE