Joseph H. Zeller
Joseph Zeller, CPA, is a director of accounting and audit services at Anchin. Joseph is a member of the Firm's Construction Industry Group and has more than 25 years experience fulfilling the accounting, business, and financial needs of closely held contractors.
In addition to construction, Joe also serves clients in the real estate, pharmaceutical, textile & apparel, importing, manufacturing, retail, and professional services industries. Joe's clients range from aggressively growing companies to well-established companies. He has assisted many clients in mergers and acquisitions, sales of companies, and securing financing. He works closely with his clients and provides them with business consulting advice including cash flow management, budgeting, business expansion planning and line of business analysis.
He serves on the board of directors of the New Jersey Construction Financial Management Association (CFMA) and is an active member of the New Jersey Surety Association. Joe is also a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA) and frequently lectures to sureties, bankers, and other trade professionals in the construction industry.
- Accounting and Auditing
- Real Estate
- What Contractors and Their Financial Partners Need to Know Related to PPPFebruary 25, 2021
Now that calendar year contractors are in the midst of preparing their financial reports for 2020, it is time to understand how banks and sureties will evaluate the PPP loans that may be included as liabilities on the contractors’ balance sheets at December 31, 2020. How will banks and sureties view PPP loans in light of an entity’s equity value and loan covenants?
- What A/E/C Firms Need to Remember About the CARES ActAugust 31, 2020
At this point, so much has happened this year that the CARES Act may seem like old news, yet its tax provisions remain in effect and, in some cases, beyond 2020 (unless subsequent legislation changes them). Careful planning may allow architecture, engineering and construction (A/E/C) firms to fully benefit from the wide and varying tax relief offered.
- An Overlooked Tax Benefit for Construction Firms: Business Interest Limitation ChangesMay 13, 2020
The Tax Cuts and Jobs Act (TCJA) of 2017 was generally a taxpayer-friendly legislation for the business community. However, there were several provisions in that Act that were implemented as revenue raisers to partially offset the cost of those tax breaks. One of those revenue raising provisions was the business interest expense limitation. This limitation can potentially impact construction companies of all entity types. The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act modified and increased the existing 30% business interest limitation to 50% for the years beginning with 2019 and 2020. For partnerships, this will not apply to years beginning with 2019, but only for 2020.