The people behind the
great ideas at MWE.
John Schmuck, CPA, CCIFP - Partner
John specializes in serving clients in the real estate and construction industries. As a Partner with over twenty years of experience, John provides audit, tax, cost segregation services and management advisory services to owners, operators, developers, home builders and contractors. John’s work includes the planning and supervision of various audit engagements, as well as the review of various partnership, corporate and individual tax returns and the analysis of the purchase, sale and financing of real estate transactions. In addition to the above, John has developed a good understanding of International Financing Reporting Standards (IFRS) and their effect on the financial statements of real estate owners and developers.
John also participates in several of the firm’s committees, including the Real Estate and Construction Practice Group, the Best Practice Group and the Cost Segregation Group.
In addition to John’s CPA license, John is one of less than 100 professionals in the Tri-State area to hold the Certified Construction Industry Financial Professional (CCIFP) designation, attesting to his extensive experience and expertise in the construction industry.
John is a member of the American Institute of Certified Public Accountants, the New York State Society of CPAs, the Construction Financial Management Association and formerly served on the board of the Greater New York Construction User’s Council.
October 31, 2018: Urban Suburbia: Bringing New Life to Long Island
May 15, 2018: Queens State of the Real Estate Market
July 12, 2017: Future of Long Island Real Estate
- March 30, 2020Significant Tax Provisions of the CARES Act
On March 27, 2020 President Trump signed into Law the Coronavirus Aid, Relief, and Economic Security Act.The sweeping legislation gives substantial relief to business owners and individuals.
- March 24, 2020New York State Provides Limited Penalty Relief For Sales Tax Vendors
In the wake of declaring a State Disaster Emergency, New York Governor Cuomo has issued an executive order expanding the Tax Commissioner’s authority to abate late filing and payment penalties to also allow the Commissioner to abate interest on quarterly sales and use tax filings and remittances with a due date of March 20, 2020…
- March 20, 2020New Employment Tax Credits Under Families First Coronavirus Response Act
President Trump has signed into Law the Families First Coronavirus Response Act (FFCRA).The FFCRA requires that certain employers provide expanded paid leave and/or emergency family leave to certain employees.
- Treasury Delays Federal Income Tax Filing Deadline to July 15th
Treasury Secretary Steven Mnuchin announced Friday, March 20th, that the Trump administration has decided to push the federal income tax filing and payment date to July 15 from April 15.
- March 19, 2020Treasury Grants Tax Relief and Trump Signs FFCRA
On March 18, 2020 the Secretary of the Treasury issued a notice which grants relief with respect to the timing of the payment of Federal Income Tax which would otherwise be due on April 15, 2020.The relief grants taxpayers an extension of time until July 15, 2020 to make the payment and applies to…