Satty, Levine & Ciacco, CPAs, P.C. Blog

Choosing the right accountant for you can be challenging. During the process, if you find yourself asking, “Where is there a good accountant near me?” Read on to learn more on how we can help you choose the right accountant.

Early withdrawals from your 401k funds can result in hefty penalties. Under some circumstances the IRS allows penalty- free withdrawals. Read on to find out more about 401k withdrawals!

It’s never too early to start preparing for your retirement. Personal financial planning is the first step to help you become financially independent. Read on to find out tips about how to plan for your future.

Accounting can be a tricky subject to tackle. When it comes to business accounting, regardless if you manage it or outsource it, it’s important to have a basic accounting understanding so you can be best prepared for your company. Once you understand the basic terminology you can better determine whether you need to outsource your accounting or if you can do it yourself.

You may have heard about an earned income credit. But what exactly is it? And how do you know if you qualify for it? Read on to find out everything you need to know.

Paying business taxes for the first time can be an intimidating and arduous process. From choosing a business entity to learning about applicable tax breaks, there’s a lot to digest. To make your tax planning and preparation smoother, Satty, Levine, & Ciacco created a list of tips for new business owners.

The United States government rewards businesses with tax credits for taking certain actions that help to strengthen the economy, improve people’s lives or even just benefit society at large. Unlike tax deductions, business tax credits cut down the actual amount of your tax bill. Before beginning tax planning and preparation, check to see if you might be eligible to cash in on these options for savings.

For small business owners, preparing for tax season is often stressful and time-consuming. With forms to fill out and receipts to track down, there’s a lot to do in a little time. Before tax season starts, pick up a few tips that will help your business file on time.

The IRS and the Treasury Department have finalized new business depreciation deduction regulations that allow companies to write off most of their depreciable assets in the year that they were used.

Even though an organization doesn’t earn a profit, it is not exempt from financial reporting. 501(c)3s must also submit tax returns and follow IRS rules. From internal polices to tax regulations, these four nonprofit accounting tips will help any agency be better prepared to manage its finances.