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Beware of SPAM Email Regarding IRS

As of February 15th, several SPAM email messages have been circulating regarding penalties from the IRS if the sender does not respond. This is a scam - please do not ever respond to such an email message. The IRS does not send email to the public. If you have questions about anything you receive that says "IRS," please do not hesitate to call Sassetti LLC.

New Client Portal

With increasing compliance regulations and concerns about protecting your information privacy, Sassetti LLC is providing our clients a secure web-based portal, which offers a safer, more secure method of sending to us or receiving from us your financial or tax documents. This also includes software backups or downloads such as QuickBooks files. If you are interested in using this more secure method of transferring your data to and from Sassetti LLC, please contact Lori Malinski at 708-386-1433 ext. 112. We will follow up with you to provide your own unique log-in for your use, and instructions on how to access our web portal.

Sassetti LLC is a full-service Certified Public Accounting Firm with a ninety year tradition of quality professional services. Our clients include businesses, both privately-held and publicly traded, not-for-profit organizations, employee benefit plans and individuals.

Sassetti LLC was originally founded as Frank L. Sassetti & Co. in 1921, and has been located in Oak Park, Illinois since 1964.

We are members of the American Institute of Certified Public Accountants, the Illinois CPA Society, the Center for Public Company Audit Firms and the AICPA Employee Benefit Quality Center.

Sassetti News Updates

Going paperless? Contact us if you are interested in receiving your 2012 tax organizer electronically!

Tax and Accounting Updates

Sassetti LLC prides itself on being able to provide timely news to address individual needs. Please click here to read the latest tax and accounting updates.

FOREIGN BANK ACCOUNT REPORTING REQUIREMENTS - DEADLINE JUNE 30TH

From the IRS: U.S. persons are required to file an FBAR if (1) the person had a financial interest in or signature authority over at leaast one financial account located outside of the U.S.; and (2) the aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. An annual FBAR report is due to the Department of the Treasury on or before June 30th. Please call us at 708-386-1433 if you have any questions or would like more detailed information about Foreign Bank Reporting.

JESSE WHITE WARNS BUSINESSES OF STATEWIDE CORPORATE SCAM

Illinois Secretary of State Jesse White is warning businesses to beware of a scam targeting Illinois corporations. A firm called Corporate Records Service is contacting Illinois businesses in an attempt to collect a $125 fee to fill out a corporation's "Annual Minutes Records Form." The Illinois Business Corporation Act doesn ot require such a form or fee. The form is very similar to the Illinois Secretary of State's Annual Report Form. The Secretary of State police and the Illinois Attorney General's Office are investigating this deceptive business practice. If you receive this form, do not reply.

Please call our office at 708-386-1433 if you have any questions regarding this announcement, or contact the Secretary of State's office at 312-814-2201.

"I rely on Sassetti and their staff for all my accounting needs."

Tom Penoza
National Treasurer
Fraternal Order of Police

Sassetti has been a valued accounting service partner to Siren. Their experience and big-picture knowledge have helped our growing business.

Wendy White
President
Siren Interactive

"I've worked with many CPA firms, Big 4 and mid-size included, and I feel Sassetti LLC is one of the best. Sassetti provides not only excellent and timely service but also staffing stability."

Jeff Gorden
CFO
BAB, Inc. (Big Apple Bagel, Inc.)