The Community Impact Awards recognize organizations that make giving back a core part of their mission, celebrating businesses that go beyond their day-to-day operations to create meaningful change throughout the region.

At Alloy Silverstein, that commitment comes to life through Alloy Cares, the firm’s internal initiative focused on volunteerism, charitable giving, and community engagement. Through this program, all 60+ team members are encouraged to make an impact in ways that are meaningful to them.

Through “Alloy Cares,” all 60-plus of Alloy Silverstein’s team members give back in numerous ways. The company organizes one group volunteer day each year, and additionally, each employee also receives five paid days to volunteer for causes that matter personally to them. During the holiday season, Alloy Silverstein’s Adopt a Family program supports 50 to 60 families from Camden to Cape May in partnership with three nonprofit organizations. The company has supported more than 1,700 children since 2013, providing gifts, essential items and joyful holiday memories. Alloy Silverstein also has two core fundraisers each year, taking part in the American Heart Association’s Go Red for Women initiative as well as the United Way Employee Campaign, where it pledges over $10,000 annually.

This recognition reflects the firm’s long-standing belief that strong communities are built through collective effort. By empowering employees to give back and investing in meaningful partnerships, Alloy Silverstein continues to support the people and organizations that make South Jersey a place to live, work, and thrive.

Alloy Silverstein is honored to be recognized alongside other organizations making a difference and remains committed to expanding its impact in the years ahead.

About South Jersey Biz

South Jersey Biz is the South Jersey region’s premier business-to-business glossy publication, providing hyper-local content in an engaging format – with far more than just facts and figures. The monthly magazine publishes timely, entertaining and informative stories dedicated to businesses and industries in Burlington, Camden and Gloucester counties, offering unprecedented insights into Philadelphia’s affluent New Jersey suburbs. Whether documenting innovations in health care, focusing on finance and the economy, or exploring how companies are “going green,” their editorial vision is in touch with what matters most to business leaders today.

About Alloy Silverstein

Headquartered in South Jersey since 1959, Alloy Silverstein provides accounting, advisory, payroll, and financial services to businesses across the Philadelphia region and beyond. Known for innovation, deep client engagement, and multi-generational advisory expertise, Alloy Silverstein empowers businesses to thrive with strategic guidance and personalized solutions.

The post “Companies That Care:” South Jersey Biz Recognizes Alloy Silverstein appeared first on Alloy Silverstein.

“Leaders at public accounting firms have been dealing with a talent shortage for quite some time now. The combination of intense tax seasons, high cost of college, and the difficulty of the CPA exam have driven students away from the profession. Thankfully, firms are taking steps to address these problems in several ways. One of the biggest shifts has been the rethinking of how careers develop inside firms, with more flexibility around progression and a stronger focus on practical skills. There is more emphasis on firm leaders coaching up their staff for client work and setting realistic performance expectations.  

While tax season will always be a stressful time of year for those in public accounting, many firms are trying to reduce the workload crunch through technology and alternative staffing arrangements. None of these changes solve the talent shortage by themselves, but they reflect an evolution of understanding that retaining people depends on the day-to-day experience of the job. Firms that can offer clearer paths forward, more manageable workloads, and strong culture are better positioned to compete for talent over the long term.” 

Commerce Magazine is the flagship publication of the Commerce and Industry Association of New Jersey (CIANJ).  For almost 50 years, it has been dedicated to covering key business trends and advocating for New Jersey Businesses.   

The post Ren Cicalese III Featured in Commerce Magazine with Comments and Perspective on the Future of the Accounting Industry appeared first on Alloy Silverstein.

“Before Christopher R. Cicalese, CPA, MSTFP, Associate Partner at Alloy Silverstein, based in Cherry Hill, prepares for tax season, he has to get through another season first – The giving season. At Alloy Silverstein, giving takes on a whole new meaning, and “giving back” is something that Chris takes personally.   

Alloy’s “Go Red for Women” initiative which raises funds on behalf of the American Heart Association started the firm’s culture of giving over a decade ago with the help of Chris’s father Reynold P. Cicalese, CPA, PFS, CGMA, managing shareholder of Alloy Silverstein who ingrained a spirit of giving back.  From there, the firm allowed the staff to wear jeans all tax season for a small donation.  According to Chris, “Every year we raise between $3,000 to $4,000.  Since 2007, we raised $98,000 and this year we should cross the $100,000 mark. 

Every year Alloy Silverstein selects a charity to give to and that year staff overwhelmingly selected Children’s Hospital of Philadelphia (CHOP) due to Chris’s connection with the hospital.  They continued to fund other initiatives at CHOP, which is the global leader in children’s healthcare, through its annual Cheers for CHOP event and even hosted a blood drive”   

The New Jersey CPA Magazine is published by the New Jersey Society of CPAs and is the Society’s award-winning membership magazine. Each issue includes all things CPA for beginners and veterans, including practice area articles like auditing and financial planning, to information about upcoming events, discounted CPE and volunteer opportunities.  Click here to read the full Spring 2026 issue.

The Alloy Silverstein Group dedicates itself to community involvement through a year-round #AlloyCares initiative. From the American Heart Association’s “Go Red for Women” to Adopt a Family and other volunteer opportunities, the Alloy Silverstein Group is building strong relationships within its South Jersey community.

The post Chris Cicalese Highlighted in New Jersey CPA Magazine for Giving Back to the Community appeared first on Alloy Silverstein.

During the episode, Ren shared his insights on creative accounting, emphasizing the importance of understanding the nuances of tax laws, distinguishing between compliance work and advisory services, and the impact of strategic financial guidance on long-term business success. He illustrated these points with real-world examples from his decades of experience, including cases where low-cost providers failed to capture valuable deductions—costing clients significant sums—and how Alloy Silverstein’s proactive advisory approach helps businesses avoid these pitfalls.

Ren also discussed Alloy Silverstein’s innovative approach to professional development, marketing, and Client Advisory Services, highlighting how the firm builds specialized teams that support clients beyond traditional accounting functions. He further introduced his new blog, Seeing the Whole Field, which aims to provide actionable insights to business owners, students, and professionals, sharing lessons learned from managing and advising businesses across generations.

A Head for Business, hosted by Dr. Jacalyn® Kerbeck and Al Cini, is a weekly online series that examines strategy, leadership, and real-world decision-making for entrepreneurs and business professionals. USA Global TV® & Radio is an award-winning media network dedicated to global storytelling, education, and elevated listening®.

About Ren Cicalese
Ren Cicalese is Managing Shareholder at Alloy Silverstein, a full-service CPA firm headquartered in South Jersey for over 60 years. He also leads Alloy Silverstein Financial Services, Abacus Payroll, and Alloy Edge, a marketing and social media firm. Cicalese is recognized for his expertise in tax strategy, business advisory, and professional development, and he is committed to helping businesses and clients make informed, strategic financial decisions.

About Alloy Silverstein
Headquartered in South Jersey since 1959, Alloy Silverstein provides accounting, advisory, payroll, and financial services to businesses across the Philadelphia region and beyond. Known for innovation, deep client engagement, and multi-generational advisory expertise, Alloy Silverstein empowers businesses to thrive with strategic guidance and personalized solutions.

The post ‘A Head for Business’ Welcomes Managing Shareholder Ren Cicalese as Guest appeared first on Alloy Silverstein.

Other CPAs are also skeptical. “Federal government trends have been less-than-predictable these days,” noted Ren Cicalese III, associate partner at Alloy Silverstein Accountants and Advisors in Cherry Hill, New Jersey. “I believe there will be some kind of extension of the tax cuts at some point this year but getting there will involve solving many technical hurdles. Tax legislation typically comes from the House, and with a very slim Republican majority, Trump tax cut extension supporters must be unified to advance any legislation.”

That could be a challenge for Republicans in states like New Jersey, which have relatively high property and other taxes, added Cicalese. “Some House Republicans are saying they may not sign off on an extension of the TCJA provisions unless the SALT cap is substantially raised or even eliminated. So, Congress will have a tightrope walk to please everyone. I think we’ll end up with some kind of TCJA extension, but some specific provisions may be watered down.”

The uncertainty is spurring some of his clients to hit “pause” on their machinery and equipment purchasing, he said. “The prospect of losing out on bonus depreciation is definitely a pain point. Some of our manufacturing clients who invested in capital improvements during the first year of the TCJA got a nice break. Consider that a business organized as a ‘C’ Corporation in the flat 21% federal tax bracket, which invested $100,000 in M&E. They saved $21,000 of federal tax liability in the year of acquisition. If they had to wait, say, five years to recapture that, they may do a stutter step — thinking twice about the purchase. Right now, we’re advising many clients to wait a few months before making any significant capital improvements to see how this all shakes out in Congress, if they’re able to do so.”

But some businesses can’t wait that long. “One of our New Jersey-based clients is a small-tools manufacturer,” Cicalese detailed. “The assets that create their tools wear down fairly quickly, so there’s a constant cycle of replacement — they cannot defer their purchases while Congress wrangles over tax bills.”

To read the full article, visit NJBiz.com.

About Alloy Silverstein
Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, bookkeeping, financial, and outsourcing solutions to the individuals and businesses of the South Jersey community since 1959. With over 50 professionals in Cherry Hill and Hammonton, NJ, Alloy Silverstein’s team of CPAs, business advisors, and payroll specialists work together to help small and medium sized businesses achieve their personal and professional goals. Learn more at AlloySilverstein.com.

The post Reynold Cicalese III, CPA, MST Featured in NJBiz “Looming tax law sunset spurs worries in business community” appeared first on Alloy Silverstein.

In a post-pandemic world, remote work continues to be a mainstay in some form or another for employees. Unfortunately, with the increased remote workforce, there is also an increase in corporate vulnerabilities for perpetrators to exploit. These vulnerabilities often make a company’s complex security setup less effective.

To read the full article and Winter 2024-25 issue, visit NJCPA.org.

About Alloy Silverstein
Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, bookkeeping, financial, and outsourcing solutions to the individuals and businesses of the South Jersey community since 1959. With over 50 professionals in Cherry Hill and Hammonton, NJ, Alloy Silverstein’s team of CPAs, business advisors, and payroll specialists work together to help small and medium sized businesses achieve their personal and professional goals. Learn more at AlloySilverstein.com.

The post Chris Cicalese, CPA, MSTFP Featured in New Jersey CPA Magazine – Winter 2024/25 appeared first on Alloy Silverstein.

“Without a doubt: There’s always something new and every tax season has its own challenges,” says Reynold P. Cicalese III, associate partner at Alloy Silverstein Accountants and Advisers and the immediate past president of the Southwest Jersey chapter of the New Jersey Society of Certified Public Accountants.

“It’s really difficult to say what those challenges are going to be each year until you really get into it. Over the last few years, there have been issues with the IRS specifically where, since COVID, they’ve been really slow at getting things processed. … It’s gotten a little bit better—they’ve gotten caught up on that a little bit—but there’s always something new.”

[…]

Are there certain developments you’re especially keeping an eye on this tax season for your clients?
RC: We do a lot of tax projections here at our firm, and one thing I can tell you that a lot of people—both business and individuals—are probably going to be surprised about come April is that if you didn’t manage your cash correctly in the business or individually, you’re going to have a higher amount of interest due than prior years just because interest rates are higher. As a quick example, I had a client who had a business account that was a money-market account, so it was earning some high-yield interest, and their interest from 2022 to 2023 tripled. When that happens, because your income is higher, you’re going to have higher tax than the previous year. So if you didn’t plan for that properly in your business or your personal life, you may have a surprise tax bill when your tax return is finalized because you didn’t expect that specific type of income.

To read the full article and January 2024 issue, visit SouthJerseyBiz.net.

About South Jersey Biz
South Jersey Biz is the South Jersey region’s premier business-to-business glossy publication, providing hyper-local content in an engaging format – with far more than just facts and figures. The monthly magazine publishes timely, entertaining and informative stories dedicated to businesses and industries in Burlington, Camden and Gloucester counties, offering unprecedented insights into Philadelphia’s affluent New Jersey suburbs. Whether documenting innovations in health care, focusing on finance and the economy, or exploring how companies are “going green,” their editorial vision is in touch with what matters most to business leaders today.

About Alloy Silverstein
Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, bookkeeping, financial, and outsourcing solutions to the individuals and businesses of the South Jersey community since 1959. With over 50 professionals in Cherry Hill and Hammonton, NJ, Alloy Silverstein’s team of CPAs, business advisors, and payroll specialists work together to help small and medium sized businesses achieve their personal and professional goals. A 5-Year Best of Accounting Diamond Award Winner for client service excellence, the firm was also recognized by Forbes as a Best Accounting and Tax Firm three years in a row. Learn more at AlloySilverstein.com.

The post Ren Cicalese III, CPA, MST Featured in South Jersey Biz Discussing Tax Season 2024 appeared first on Alloy Silverstein.

YouTube Startup Playlist

• Business Entity Types by Julie Strohlein, CPA
• Starting Payroll for Your Small Business by Lindsey Cowperthwait
• Bookkeeping for a New Business by Janine Kiriluk

Startup Hotline

Did you know we offer a startup hotline for entrepreneurs?  Before your next pitch or investors meeting, bring your questions to Alloy Silverstein’s Startup Hotline. Simply email solutions@alloysilverstein.com or call 856.667.4100 and mention “Startup Hotline.”

Additional Startup Resources & Learning Tools

Subscribe to Alloy Silverstein’s email communications for our Monthly Minute e-newsletter, quarterly Client Alert newsletter, annual Tax Planning Guide, and as-needed Alloy Alert notifications to stay informed year-round of the latest tax, accounting, and business news.

• So You’ve Launched Your Business – Now What?
• A Complete Tax Checklist for Startups
• Tax Tips for New Business Owners
• Payroll basics: FAQs for Getting Started with Payroll for Your Business
• Growing Pains: Avoid These 4 Startup Mistakes
• Seven ways to tell if your business idea will succeed
• Where to Get Money for a Growing Business
• Startup Corner: 4 Questions to Ask Before Hiring Your First Employees
• Eight management priorities when you start your business
• Pros and Cons of Shared Office Space for Startups
• Payroll 101: Handling Finances When Starting A Business
• 3 Mistakes That Strangle Growing Businesses
• Just Starting Out? 3 Easy and Inexpensive Ways to Look More Professional
• Seven revenue priorities when you start your business
• Identify your Break-Even Point
• Why Your Business Might Not Look Like a Winning Bet to Investors
• Collaboration: 5 Reasons It’s Essential to a Growing Company
• 4 Warning Signs of Business Failure
• Ten marketing priorities when you start your business
• New business resources such as developing a business plan, forecasting cash flow, and more templates.

The post Startup Video Series appeared first on Alloy Silverstein.

Follow Chris on Twitter at @AthleteCPA. Follow NJCPA on Twitter at @NJCPA for more information regarding New Jersey news for certified public accountants.

The post Chris Cicalese Joins NJCPA for Annual Ask-A-CPA Event appeared first on Alloy Silverstein.

Q: What aspect of the cannabis industry does your firm specialize in (compliance, growth, distribution, etc.)?
Ren III: We look at our role as advisory, as this industry has challenges that are different from all other industries. Alloy Silverstein has been working with cannabis businesses in all verticals of the industry, from planting the seed, all the way through retail sales. Having an accounting firm that understands the impact of how you set up your entity, navigating 280E and the challenges of setting up payroll in an industry that has not yet received federal approval will make a big difference in the success of your new business.

View the full Q&A discussion here.

ROI-NJ reached out to service providers who have helped entrepreneurs in the budding cannabis industry start and develop their business. “The Cannabis Q&A: Ready, set, grow”, features some common questions that arise in this growing industry. The professionals answer questions from what are key factors to getting a license to how they see the industry changing in the next 12 months.

To read more on the growing cannabis industry and how you can get involved, view “The cannabis industry is slowly growing in New Jersey. That means there still is time to jump in. But how?”.

For more from ROI-NJ, view the March 20, 2023 Edition of ROI-NJ.

About ROI-NJ

ROI-NJ informs and connects businesses in New Jersey by delivering real-time digital news and print publication features that provide the state’s diverse business community with a Return On Information.

Learn More About New Jersey Cannabis

Alloy Silverstein has a range of cannabis-related resources available for those who are looking to get into or are currently navigating the industry. Visit or Cannabis Resources page on our website or the New Jersey Cannabis playlist on our YouTube channel.

About Alloy Silverstein

Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, bookkeeping, financial, and outsourcing solutions to the individuals and businesses of the South Jersey community since 1959. With over 50 professionals in Cherry Hill and Hammonton, NJ, Alloy Silverstein’s team of CPAs, business advisors, and payroll specialists work together to help small and medium sized businesses achieve their personal and professional goals. A 2019, 2020, 2021 and now 2022 Best of Accounting Award Winner for client service excellence, the firm was also recognized by Forbes as a Best Accounting and Tax Firm three years in a row.

###

The post Ren Cicalese III Featured in ROI-NJ’s 2023 Cannabis Resource Guide appeared first on Alloy Silverstein.