Alexander J. Narcise, CPA – Partner, Real Estate Services
100 Campus Drive, Suite 400
Florham Park, NJ 07932
www.wiss.com
AT A GLANCE
Year founded: 1969
Number of accountants involved in commercial real estate in New Jersey: 20
Areas of expertise in real estate: Wiss provides tax consulting, CFO services, business advisory, outsourced accounting, wealth management, insurance, recruiting services, audit, reviews, compilations and tax compliance.
PROJECT SPOTLIGHT
I am very proud of the way we stepped up to the plate during the pandemic on all things CARES Act, especially our work on the Paycheck Protection Program (PPP). Our PPP leader, Travis Miskowitz (who I call the Adam Schefter of the PPP Program) was featured on weekly AICPA Town Halls and quoted in Forbes as one of the thought leaders in the program. Our efforts and expertise with the PPP program were crucial to our clients in our time of need. We are still helping people through the programs and the biggest topic at this point is the forgiveness applications.
TRANSACTION SPOTLIGHT
Our outsourced accounting, which is a part of our advisory services has created a template for managing development projects for clients. This is a fully automated service which utilizes bill.com and Intacct for the accounting and bill pay process. We have budget templates set up for the project and everything is in real time on a developer dashboard. This allows our clients to do what they do best in being a real estate developer and we take care of the administration, accounting, tax and financial reporting.
OUR CLIENTS
We specialize in family-owned real estate companies throughout New Jersey and New York. Our clients are developers and owners of multifamily, office, industrial, data centers and retail properties.
OUR ADVANTAGE
Our clients would agree that Wiss provides extraordinary service. We listen to understand our clients’ needs and are quick to respond to their requests. Our latest net promoter score of 84.4% is far above the industry average of 24%. Learn more about what our clients have to say here: https://wiss.com/client-satisfaction/
ON THE HORIZON
Our advisory and family office services have been the biggest areas of growth at the firm. The demand we are seeing in the advisory area are bookkeeping services (outsourced accounting/temporary assignments), organizational advice, implementing new technologies, tax consulting with the ever-changing tax code and recruiting for accounting and finance personnel. Our family office and wealth management division is growing because as CPAs we are in a unique position as advisors to help connect business matters with family matters. Lastly, we are very involved in the Long Term Tax Exemption law (PILOTS) on both as a consultative role when negotiating financial agreements, assistance with PILOT applications and on the annual audit compliance.