Recent News & Events

Will Purchasing Assets For Your Business Reduce Your 2017 Tax Bill?

Reduce Your 2017 Tax Bill

Two valuable depreciation-related tax breaks can potentially reduce your 2017 tax bill if you acquire and place in service qualifying assets by the end of the tax year. Tax reform could enhance these breaks, so you’ll want to keep an eye on legislative developments as you plan your asset purchases....

Sansiveri Welcomes Ron Dean to Firm as Tax Manager

Sansiveri is pleased to announce the hiring of Ron Dean, CPA, MST, as a Tax Manager in the firm. Ron has over nine years of experience providing tax compliance and year-round tax consulting. He works with both high net worth individuals and business entities including corporations, partnerships, and LLCs in...

PBN’s Five Questions With Michael DeCataldo

Michael DeCataldo

When should folks start thinking about year-end tax planning? Why? It is never too early to start thinking about tax planning.  The tax law is complicated and the interaction of various tax provisions must be considered when making decisions that affect your taxes.  A simple example is the prepayment...

Summary of the “TAX CUTS AND JOBS ACT”

-by Ron Dean, Tax Manager; reviewed by David Gobeille, Partner The House and Ways Committee released an initial draft of tax reform legislation on November 2, 2017. The “Tax Cut & Jobs Act” provides significant changes to tax rules for both individuals and businesses. Although this legislation is probably...

Healthcare Organizations Need to Prepare for Revenue Recognition Changes

By Linda Marie Pearson, CPA, CFE The implementation of FASB’s Accounting Standards Update (ASU) No. 2014-09, Revenue From Contracts with Customers (Topic 606) will affect how healthcare organizations recognize revenues. The purpose of the change is to eliminate industry specific revenue recognition rules and establish a universal rule for...

2017 November News in Review

Sansiveri’s 2017 November News in Review is a summary of news, events and links that we shared throughout the month of October. Just in case you missed an earlier post or email, this issue includes information about the IRS 2018 tax benefits and limitations announcement; year-end tax planning considerations;...

Sansiveri Promotes Three

Sansiveri is pleased to announce the promotions of Jordan Rossi, CPA, to Senior Accountant; and Andrea (Sciamacco) Duffney, CPA, and Cody Lange to Senior Tax Specialist. “We are very pleased with Jordan, Andrea and Cody, who are well-deserving of their respective promotions. They approach their job with professionalism and initiative,...

IRS Announces 2018 Tax Benefits and Limitations

-by Mike Raftery, CPA The IRS recently released the 2018 figures under current tax law for the following tax benefits and tax limitations that we wanted to pass along. Note that these figures come with the caveat that pending “tax reform” legislation may change these results. Personal Deductions -Personal...