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

It’s a common question that’s not easy to answer. Is it better to focus on long term or short term investments? Since each strategy has its own advantages and disadvantages, the better choice tends to vary according to your unique financial situation.

No matter how old you are, everyone has goals they would like to reach one day. Whether your ambition is to buy a new car or travel around the world, expert financial planning advice is what can guide you to grow enough wealth to enjoy the good things in life.

Between home improvements and property taxes, the cost of owning residential property quickly adds up. However, homeowners can earn a larger tax refund check with the assistance of several key real estate tax deductions. If you keep meticulous records and itemize your income tax return, you could save thousands of dollars each year.

The tax services you receive don’t have to end in mid-April. Long Island accounting firms offer many types of tax help that extend above and beyond traditional tax preparation. This growing trend has caught on, because it saves individuals time and money.

Everyone has a bucket list. Whether your goal is a dream vacation or a summer home in the Hamptons, you will probably need financial advice before you get the chance to dip your toes in the ocean. A certified financial planner (CFP) can assist you in making important financial decisions that will help you reach all of your goals.

Since high-net-worth retirement planning can be complicated, you need to develop a strategy that ensures your lifestyle will remain intact long after you stop working.

Launching a start-up is like jumping off a cliff. It’s exhilarating and frightening at the same time. Without guidance, it’s easy for things to go wrong financially at your new business. However, if you are determined to reach your lofty goals, our expert tax accountant advice will get your start-up started.

Sometimes, it pays to be generous. If you have given away a large sum of money in the past year, you can use exemptions and exclusions to the gift tax to protect the value of that transfer of wealth.

While it’s easy to do, as many as a third of Americans from all walks of life haven’t created a financial plan for their future. Whether you are a millennial starting your first job or a boomer inching toward retirement, learning the basic principles of personal financial planning today will contribute to a brighter tomorrow.