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

To manage financial risk properly, your business must make astute choices. By knowing when to pick captive insurance companies over traditional insurers, you can gain significant protection, cost savings, potential tax reductions and even wealth preservation opportunities.

Just like making a bed, money management is a basic skill every parent can teach at home. If you haven’t introduced financial concepts to your kids yet, try out these fun strategies for improving financial IQ.

Fraud has emerged as a major financial concern for both businesses and individuals. In fact, 30 percent of American consumers were notified of a data breach in 2018 alone, according to data from the Federal Trade Commission. Avoid becoming the next victim of this troubling trend by learning how to detect fraud and identity theft today.

Choosing an accounting firm is a critical business decision, which requires careful thought. Although some automatically assume big city accountants are better, there are several big reasons why you should consider the accounting firms near me and you.

After filing an extension for taxes, the first thing you should do is take a deep breath. You now have until October 15, 2019 to file your paperwork with the IRS. But don’t get too comfortable, that six months will come and go before you know it. To make sure you don’t miss the next deadline, follow these three tax tips.

Certified Public Accountants (CPAs) are more than professionals who crunch numbers at tax time. CPAs are trusted financial advisors who are held to a high standard of knowledge and ethics. If you are thinking about hiring one, consider these three benefits of the personal service they provide.

In today’s day and age, there are many unscrupulous “ghost” accounting firms out there. They use various scams to trick unsuspecting taxpayers. The best way to avoid them is to learn to recognize these five common red flags.

Not all financial advisors are held to the same standard. Although many will tell you they know what is right for you, only fiduciary financial advisors are required to act in the best interests of their clients. In certain situations, this type of money manager may be your best option.

Can you remember the last time you reviewed your payroll deductions? If you are like many Americans, you may not have updated them in quite a while. Although you might not have had a reason to do so before, a recent change in the tax code actually influences employee withholdings. In fact, the IRS recommends that every working American review their deductions as soon as possible.

Building wealth is not only for the wealthy. Anyone can learn how to develop a plan to build a nest egg for retirement. From monitoring daily spending to diversifying investments, these tips and tricks can help you become more financially secure.