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It’s Summer! Read the June 2017 issue of The Wealth Architect

Dear Friends, Summer has arrived! It’s official! To quote Henry James, “Summer afternoon-summer afternoon; to me those have always been the two most beautiful words in the English language.” Read this month's issue of The Wealth Architect to further enhance your financial literacy. Remember, in summer, as always, we're here to answer your questions about these and other topics of importance to you and your family. Sincerely, The Professionals at Armao LLP READ THE JUNE 2017 ISSUE OF THE WEALTH ARCHITECT. IN THIS ISSUE: Alternatives ... Read more

Read the June 2017 issue of The Client Information Bulletin

 It's not just for clients ... IN THIS MONTH'S ISSUE: What you need to know about Section 529 plans Roundup of "Dirty Dozen" tax scams Tax mileage for charitable travel Ten moves forward for a second marriage Don't forget about this health care law Facts and figures       Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

SAL ARMAO SINGS : TWO BIG WEEKENDS IN JUNE

Three great ways to spend a summer evening! Standards ~ Motown ~ Rock ~ Soul and Everything In Between! FRIDAY, JUNE 23rd PULCINELLA NEAPOLITAN RESTAURANT  746 North Broadway Massapequa 8 PM - Midnight SATURDAY, JUNE 24th SAVINO'S PIZZERIA & WINE BAR 88 Atlantic Avenue Lynbrook 8 PM - 11 PM FRIDAY, JUNE 30th THE BLUE LOUNGE AT VETRO with LINDSAY BROOKE 164-49 Cross Bay Blvd. Howard Beach 9 PM - Midnight Read more

Determining Financial Needs and Wants

All of us, no matter what age, struggle with determining the difference between something we need versus something we want. moneyWhile we may face this struggle in our everyday lives, many people may not realize that we face it when it comes to our money management. Let's take compare some financial needs versus financial wants. Insurance vs. Investments Many people are enamored with what their investments can enable them to achieve-buy a house, retire, pay for education, etc. However, if you ... Read more

Read the May 2017 issue of The Wealth Architect

Tomorrow we commemorate those who have died in service to America. Memorial Day, formerly known as Decoration Day, has been set as one of our country's most respected holidays. Though many use it as a way to have a three-day weekend of food and fun, the holiday offers more than just a day off from work. Memorial Day is a day to show your appreciation and remember those who risked their lives for the greater good of our country. Read ... Read more

Read the May 2017 issue of The Client Information Bulletin

 It's not just for clients! IN THIS MONTH'S ISSUE: Enjoy deductions for summer T&E expenses Making it casual on Fridays Seven ways to step up SEO This retirement planning move avoids tax Be sure about estimated tax payments Facts and figures       Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

New Study May Explain Why A Simpler Lifestyle Creates A Feeling Of Well-Being

Minimalism, downsizing, tiny houses. Experiences above objects. Decluttering and simplifying your lifestyle. Over the past few years the idea that the road to happiness may actually be paved with less, not more, has become a first-world obsession for millions of people around the globe. Anyone who's ever cleaned out a closet or streamlined their investment accounts can attest to the effect. So is the secret to greater well-being found in simplifying and shedding possessions we no longer need? If so, ... Read more

Read The Wealth Architect: A publication of Armao LLP

Dear Friends, As we close out the month of April, we're reminded of the ditty, "April showers bring May flowers." With record rainfalls this month, we can expect a magnificent array of flowers this spring. Now, read this month's issue of The Wealth Architect to further enhance your financial literacy. Remember, we're here to answer your questions about these and other topics of importance to you and your family. Sincerely, The Professionals at Armao LLP  READ THE APRIL 2017 ISSUE Four Ways to Double ... Read more

READ THE APRIL 2017 ISSUE OF THE CLIENT INFORMATION BULLETIN

 It's not just for clients! IN THIS MONTH'S ISSUE: Make tax plans for vacation home rentals Business driving deductions: a fork in the road Play your IRA cards right Don't ignore the embezzlement threat Reach into this grab bag of deductions Facts and figures           Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

April 18 Tax Filing Deadline: Call us now at 516.320.7220!

The filing deadline to submit 2016 tax returns is Tuesday, April 18, 2017, rather than the traditional April 15 date. In 2017, April 15 falls on a Saturday, and this would usually move the filing deadline to the following Monday-April 17.  However, Emancipation Day-a legal holiday in the District of Columbia - will be observed on that Monday, which pushes the nation's filing deadline to Tuesday, April 18, 2017. Under the tax law, legal holidays in the District of Columbia ... Read more
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