Sasserath Blog

image-

Project Toy Holiday Drive

Posted on

For the 2022 holiday season we will be collecting toys and gifts for Family Service League’s (FSL) annual holiday gift drive, Project TOY. Project TOY helps bring joy and toys to families throughout Suffolk County by providing gifts for children and teens in need. FSL deeply appreciates and accepts donations for children of all ages. Gifts/gift […]

Read More

image-

Is the Employee Retention Credit Taxable?

Posted on

Getting paid for keeping employees on payroll? Sounds like some sort of utopia. Or maybe it’s just a tax incentive for business owners during the pandemic called the employee retention credit. What is the Employee Retention Credit? The employee retention credit (ERC) is a tax credit established under the CARES Act in 2020 as a […]

Read More

image-

NFT Tax Guidance for Creators, Investors, and Traders

Posted on

By George Batas, CPA Did you know that over $17.7 billion has been spent on NFTs in 2021 alone? And that the most expensive NFT sold to date was worth $91.8 million? Given these numbers, you might be asking yourself, what is this booming industry, how can I get involved, and what are NFT tax […]

Read More

image-

Pass-Through Entity Tax Filing: Sasserath & Co. Navigates Tough Situation to Save Client Significant Funds

Posted on

As Ben Franklin once said, “In this world, nothing is certain except death and taxes.” Modern-day accountants might add another certainty: pass-through entity tax returns filed in New York State cannot be amended or adjusted once filed according to NYS rules. This usually holds true, unless Sasserath & Co. is on the case. The pass-through […]

Read More

image-

8 Accounting Tips Every Small Business Owner Should Know

Posted on

As a small business owner, you probably think about tracking expenses and keeping up with tax deductions, but these aren’t the only critical accounting tips you should know. Whether you’ve been in business for a while or you’re a new start-up entrepreneur, read on for our 8 best accounting tips. 1. Outsource your bookkeeping. For […]

Read More

image-

Sasserath & Co. Welcomes Fred Rook as Partner

Posted on

Sasserath & Co., a New York CPA firm providing accounting, tax, and business advisory services, is pleased to announce that Fred Rook has been promoted to Partner as of January 1, 2022. Fred Rook joined the firm in 2018 after a career in the real estate practice group of Ernst & Young and in the […]

Read More

1 2 3 9