Firm News

May 06, 2019

The Alloy Silverstein Group Announces the Merger of Abacus Payroll Inc. and Payroll Express Inc.

(Cherry Hill, NJ)  The Alloy Silverstein Group announces that Payroll Express Inc. has merged into Abacus Payroll Inc. effective May 1, 2019.

Abacus Payroll Inc. was formed in 1999 as a sister company to Alloy Silverstein Accountants and Advisors as a way to better provide focused and accurate payroll services to the CPA firm’s accounting and tax clients. Today, Abacus has a team of four dedicated payroll specialists based out of Hammonton, NJ and is committed to prioritizing top-tier client service, ensuring our clients’ employees receive their paychecks on time each pay day.

Established in 2000, Payroll Express Inc. of Northfield, NJ was owned and operated by Raymond Hankinson, CPA and James Storey, CPA. Like Abacus, Payroll Express shared a mission of excellence, integrity, and delivering quality customer service when solving clients’ payroll needs.

“Given the shared priority on client service and specialization in small businesses, this merger was a natural progression between two similar organizations,” says Alloy Silverstein Group Managing Shareholder Reynold P. Cicalese, CPA, PFS, CGMA. “We’re pleased to be able to bring personalized, affordable, and reputable payroll, HR, and workforce management solutions to even more areas of Southern New Jersey.”

The joining of the two organizations, which will operate under the Abacus Payroll, Inc. brand name at the Hammonton office location, affords clients additional industry expertise, the latest payroll technology, and an expanded team of payroll professionals and resources. Services for small, medium, or large businesses include payroll processing, direct deposit, pay cards, tax filing, employee self-service, timekeeping, custom reporting, pay-as-you-go workman’s compensation insurance, onboarding and applicant tracking, HR support, and more.


Visit to learn more, meet the team, request a quote, and access our 8 complimentary paycheck calculators.



Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, financial, and outsourcing solutions to the individuals and businesses of our South Jersey community since 1959. With over 50 professionals, our 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 on our website,