Congratulations to Lou Fuoco, CEO of the Fuoco Group, for being honored at this year’s 2019 LIBN Executive Circle Awards. The newspaper recognized 35 of Long Island’s top executives for their excellence in leadership and contributions to the Long Island community. Nassau County’s top executive, Laura Curran, was the keynote speaker at the luncheon, held
Lou Fuoco Joins the Panel at Miami-Dade Opportunity Zone Conference
We are proud to announce that Lou Fuoco CPA, CEPA, joins a distinguished panel of experts at the April 8th Opportunity Zone Conference hosted by Madison Street Strategies and Carras Community Investment, Inc. Madison Street Strategies has led the state of Florida’s Opportunity Zones efforts, and Lou Fuoco’s efforts to bring visibility to the tax
We Are Expanding Our Footprint
WE’RE EXPANDING OUR FOOTPRINT! Fuoco Group would like to share the exciting news that we have just opened a satellite office in the Fort Lauderdale area to better serve our Broward County clients and expand our footprint in the Fort Lauderdale/Miami area. We are proud to announce that effective immediately, Anthony Casserino, CPA, MST, Tax
Lou Fuoco, CPA, Receives Prestigious Certified Exit Planning Advisor Credential
Lou Fuoco, CPA, Receives Prestigious Certified Exit Planning Advisor Credential North Palm Beach, FL, (November 6, 2018) – Fuoco Group and TFG Financial are proud to announce that Managing Partner Luigi J. Fuoco, CPA, has received the prestigious Certified Exit Planning Advisor (CEPA) designation from the Exit Planning Institute (EPI). Lou joins an elite group
Fuoco Group HIA – LI Member
The Fuoco Group, a leading accounting and business advisory firm headquartered in New York with offices throughout South Florida, is proud to announce its 2018 membership in the Hauppauge Industrial Association – Long Island. Due to the changes brought about by the Tax Cuts and Jobs Act, rapid change is occurring which affects all types
Fuoco Group Announces Susan Kaplan Director of Business Development
Fuoco Group is proud to announce that Susan Kaplan has joined the firm as the Director of Business Development for our Accounting and Business Advisory practice in South Florida. As she works to expand Fuoco Group’s footprint in the area, Susan will be promoting the breadth and depth of our new menu of services, designed
Payroll Processors And Employers Ponder Proposed Payroll Tax Deferral
IMPORTANT UPDATE: Late on Friday, August 28th, the IRS issued guidance on the payroll tax deferral that was ordered by the President (see original article below). The notice allows employers to defer withholding on employees’ compensation during the last four months of 2020 and then withhold those deferred amounts during the first four months of
Home Sweet Home Office Deduction
Tax reform eliminated the itemized deduction for employee business expenses. Thus, employees cannot deduct home office expenses for the tax years 2018 through 2025. However it’s worth noting that the rules did not change for self-employed persons. So if you are self-employed, a small business owner, or an entrepreneur, you can continue to deduct qualifying
Avoid These Red Flags to Avoid an IRS Audit
Short of $$$ and short of staff, the number of tax returns examined by the IRS has dropped to just 0.5% of all returns — but that still means over a million taxpayers will be singled out for review. Most folks are honest when it comes to filing their returns but some do “fudge” a
Chapter 5 vs Chapter 11
COVID -19 has stressed many businesses to the breaking point. In spite of PPP loans and EIDL $$$ many small business owners are facing financial challenges, but want to stay in business. Up until now their options were limited. See our prior article HERE: Is Bankruptcy The Best Choice In Bad Economic Times? What are
