To Give or Not to Give

One of the first things I learned when I started my career in accounting is that numbers don’t lie. But they also don’t tell the whole story. In the case of a for-profit business, years of losses can speak to years of inefficiencies, OR years of research and innovation that will yield exponentially larger future…

Are You Ready? It’s Here.

Normally, in my life, I try to plan things out in advance. I always have tasks marked on my calendar or my to-do list, and try to be prepared for what may be around the corner.  This is probably the case with most accountants, and of course is true for the regulatory bodies that create…

WE LOVE YOU, WE LOVE YOU NOT

EMBRACING THE MILLENIALS I was recently at a conference and was totally surprised when the topic of our beloved Millennials and their personal habits were discussed at every break out session. I expected it at the HR break out session.  And yes, I now know that they crave constant feedback and I promise to tweet…

Some Gave All

“ALL GAVE SOME, SOME GAVE ALL” This quote was first uttered by Howard William Osterkamp. Howard was a Korean War Veteran and Purple Heart recipient who continued to fight for his country even after his leg was broken. He was acknowledging the fortuitous fact that he made it out of Korea with his life; whereas,…

Happy President’s Day

Sassetti-Note-Taking

With the highly publicized upcoming Presidential debates, primaries, and caucuses
occurring this month as well as the nation celebrating Presidents Day honoring both Presidents Washington and Lincoln, let us reflect on some historic Presidential tax facts.

President Lincoln signed into law a measure to help pay for the Civil War. This measure created a Commissioner of Internal Revenue and the nation’s first income tax.

Get Ready – The Tax Man Is Coming

The holidays are over; the holiday decorations should come down for another year, my New Year resolutions have yet to be broken and the shopping season credit card will be in the mail any day now.

And of course, before the holiday break, I read last month’s “The Sassetti Scoop” blog and applied all the available year-end tax planning tips to organize my affairs with the goal of lowering my taxes.  Great job, now what?

December Wrap Up

Winter-LargeImage

The month of December is always a busy and full time for shopping, cooking, enjoying holiday parties and events, and getting the house ready for the winter.

It is also the time of year when savvy taxpayers get their “tax house” in order. Did you have a better than expected year financially? If so, you can probably benefit from an end-of-year donation to a charity (or charities

A (Working) Mom

Child-LargeImage

Two kids later, I’ve come to the conclusion that the phrase “working mom” might be the most redundant and over-used saying.

Every mom works. All the time. We’re referees, chauffeurs, chefs, maids, nurses (usually in the same night). Some moms (like me) just have to split time between a full-time CPA and a full-time mom.