Contributing to charity is, of course, an act that is beneficial in numerous ways. Your donation could save a life, feed a child, or give someone a home. Did you know that making a charitable contribution can actually help you financially? When done strategically, your charitable contributions can allow for tax benefits, including optimal tax […]
As we near the year’s end, major changes in legislation and tax rates are being proposed and put into effect. Now is the time to re-strategize and plan to optimize your tax savings before the end of the year. Here are some quick tips to help you get started. Tip #1: Establish or review your […]
In the wake of Hurricane Ida’s destruction across parts of New York and New Jersey, lawmakers have extended certain federal tax deadlines. Various individual and business tax returns and payments, previously due on September 15 or October 15 of 2021, will now be accepted until January 3, 2022. The new federal deadline also applies to: […]
Learn more about Managing Partner Alan Sasserath, CPA, MS and the future of Sasserath & Co. Tell us about how you/your company started. I started my career at Ernst & Young, later working at two large regional firms before being a named partner at my own firm for over two decades. Over the years, I’m […]
Boutique Firm to Focus on Sophisticated Tax and Accounting, Private Equity, Mergers & Acquisitions, International Tax Services, and Private Client Services Alan R. Sasserath, CPA, MS, is pleased to announce the launch of a new firm, Sasserath & Co. The boutique firm focuses on sophisticated and technical tax and accounting for closely held businesses, private […]
By Alan R. Sasserath, CPA, MS and George Batas, CPA On April 19, 2021, New York Governor Andrew Cuomo signed into law the FY 2022 budget which denotes changes to the state’s corporate and personal income tax provisions. One of the changes includes the highly anticipated Pass-Through Entity (PTE) Tax election, which will allow partnerships […]