Sasserath & Co.

06/03/2026

Sasserath & Co. Managing Partner Alan Sasserath is proud to serve on the board of this remarkable organization, which is dedicated to supporting and giving back to veterans across Long Island.

The Strata Foundation’s 2026 Golf Outing was tremendous success, bringing together supporters for a memorable day at St. George’s Golf & Country Club. Participants enjoyed a scenic round of golf followed by an evening cocktail reception, with perfect weather and the welcome presence of volunteers from America's VetDogs and the Guide Dog Foundation for the Blind throughout the course.

The reception highlighted the impact of the event’s mission. Attendees heard a moving testimonial from a veteran who shared how a service dog transformed his life, offering renewed purpose. Honorees Donna and Gus Lugten also spoke, sharing the heartfelt story behind their 2025 dog naming and encouraging others to take part in this meaningful sponsorship.

All proceeds from the outing will support America’s VetDogs’ new puppy raising center in Smithtown, NY, helping to provide life-changing service dogs to veterans and first responders.

Founder Joe Campolo reflected on the significance of this year’s cause, stating, “As our nation celebrates its 250 anniversary, we are focused on honoring our veterans, the men and women who have dedicated themselves to protecting our safety and freedom. Their service allows us to enjoy our liberty and spend time with the people we love, and we are proud to support organizations that make a meaningful difference in their lives.”

View more photos from the outing:
https://strata-foundation.org/2026/06/02/2026-strata-foundation-golf-outing/

05/29/2026

We are pleased to share that Sasserath & Co. Managing Partner Alan R Sasserath, CPA, MS has been recognized in LIBN’s Long Island Business Influencers in Accounting. Sasserath is honored to be a part of this distinguished group that has helped strengthen Long Island’s business community.

https://www.sasscpas.com/blog/?p=1236&preview=true&_thumbnail_id=1237

05/28/2026

Selling investment or commercial real estate can lead to a significant tax bill. An installment sale may help by allowing sellers to spread the recognition of gain over multiple years rather than recognizing it all at once. This article explains how this strategy works. Contact us for guidance. https://www.sasscpas.com/blog/index.php/2026/05/01/turn-a-real-estate-sale-into-a-tax-smart-strategy/

05/25/2026

We are forever grateful to the heroes who gave everything for this nation. Wishing everyone a safe and meaningful Memorial Day.

05/20/2026

Scholarships can significantly reduce the cost of higher education, but not all scholarship funds are tax-free. Understanding the rules can help families avoid unexpected tax liabilities. Learn more or contact us for guidance.

https://www.sasscpas.com/blog/index.php/2026/04/02/are-college-scholarships-really-tax-free/

05/06/2026

Growth can strengthen a small business, but without careful planning, it can create operational and financial strain. This article explores common growth mistakes and offers practical guidance for sustainable expansion.

Learn more or contact us for guidance.

https://www.sasscpas.com/blog/index.php/2026/04/02/common-growth-mistakes-small-businesses-make/

05/05/2026

We took a break from the work today to celebrate Cinco de Mayo together. At Sasserath and Co., the people make the place, and today was a great reminder of that. Happy Cinco de Mayo!

04/28/2026

IRS notices are common and don't necessarily indicate a problem. This article explains why the IRS sends notices, highlights the most common types and outlines practical steps to take if one arrives. With the right information and guidance, most IRS notices can be addressed quickly and easily. Learn more or contact us for guidance.

https://www.sasscpas.com/blog/index.php/2026/04/02/what-to-know-if-you-receive-an-irs-notice/

04/21/2026

Please join us in welcoming Antonio Gargano, CPA to the team! Antonio joins Sasserath & Co. as a Senior Tax Manager bringing over 25 years of public accounting experience. He specializes in accounting and tax services for closely held businesses, corporations, partnerships, high-net-worth individuals, trusts, and tax-exempt organizations. Welcome Antonio!

04/07/2026

If you earn income from a side activity, the IRS will consider it to be either a hobby or a business. The tax treatment can differ significantly. All income must be reported, but only businesses can deduct related expenses. Learn what factors the IRS considers when making the hobby vs. business determination. Learn more or contact us for guidance. https://www.sasscpas.com/blog/index.php/2026/04/02/the-irs-criteria-for-distinguishing-hobbies-from-businesses/