Insero & Company Named one of Rochester's Top Workplaces

Insero & Company CPAs, P.C. is pleased to announce that it has been ranked 3rd in the Small Business category of Rochester’s Top Workplaces and was the highest ranked accounting firm across all three categories.

2014 Top Workplaces Logo

“We are thrilled to receive this honor,” said Nancy Catarisano, Managing Partner of Insero & Company. “We believe that investing in our people is integral to our business, and we truly care about each person’s development and success. It takes every employee to make this a top workplace and I feel we have an awesome team!”

Top Workplaces Celebration 03.27.14

The Top Workplaces are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and employee engagement. WorkplaceDynamics conducts regional Top Workplaces programs with 40 major publishing partners across the United States. Over the past year, more than 5,000 organizations and 1 in every 88 employees in the U.S. have turned to WorkplaceDynamics to better understand what’s on the minds of their employees. Through its workplace improvement offerings, WorkplaceDynamics provides solutions, training and tools to help clients improve their workplace. 870 local businesses were invited to participate in the Rochester’s Top Workplaces survey and over 12,000 employees were ultimately surveyed. The Small Business category included companies with between 35 and 124 employees in the region, Midsize with between 125 and 399, and Large with 400 or more.

For more information about the Top Workplaces lists and WorkplaceDynamics, please visit www.topworkplaces.com and www.workplacedynamics.com.

Insero & Company is one of the leading accounting and business advisory practices serving Western, Upstate and the Southern Tier of New York with offices in Rochester and Corning, New York. A full-service public accounting firm with Tax, Audit and Outsource Accounting practices, Insero’s specialty services include Small Business, Employee Benefit Plan Audits and Outsourced and Virtual Accounting Services for businesses and not-for-profit organizations of all sizes.

Client Update Newsletter: Spring 2014

When it comes to your business there is no one-size-fits-all formula to success – and your relationship with your CPA should be just as unique. That’s why we promise to deliver The Highest Standard of client service built on a foundation of frequent communication.

This newsletter is just one of the ways we help you stay up-to-date on tax and financial issues that impact small business owners. From year-round tax planning to tips on how to maximize profits, this valuable resource is a must read. This quarter’s topics include:

  • IRS Audits: What you need to know
  • IRS issues “repair regulations”
  • What can you deduct when customers don’t pay?
  • 2014 Tax Numbers
  • If you make gifts, you may have to file a gift tax return
  • New rule on tips for 2014
  • FSA rules modified

Click Here to Download the Newsletter

Coffee and Tablet

Client Update Newsletter: Winter 2013

When it comes to your business there is no one-size-fits-all formula to success – and your relationship with your CPA should be just as unique. That’s why we promise to deliver The Highest Standard of client service built on a foundation of frequent communication.

This newsletter is just one of the ways we help you stay up-to-date on tax and financial issues that impact business owners and financial professionals like you. From year-round tax planning to tips on how to maximize profits, this valuable resource is a must read. This quarter’s topics include:

  • Health care reform law gets underway for individuals
  • Year-End Tax Moves
  • 1099s: A little form with a painful bite
  • Business or hobby? Nine factors help the IRS decide
  • Financial tips for the 20-something generation
  • How to handle the financial issues after the death of a spouse

Coffee and Tablet

Frank Insero Named a Rochester Rockstar

Frank Insero was recently named a Rochester Rockstar by RochesterRockstars.com. Click here to view the video interview:

Insero & Company has been growing despite the economy. Not only are we growing, we’re having lots of fun doing it. Watch this interview to learn:

  • How to grow in a down economy
  • Clever ways to train employees to deliver on firm’s core values
  • How to create a fun environment for employees
  • Secret to making acquisitions successful
  • 2 keys to becoming super successful

We are lucky to have someone like Frank in our community. Despite the economy, he is making things happen and sharing with other entrepreneurs on how he is doing it.

RochesterRockstars.com is a community project with the goal of inspiring entrepreneurs to reach great success. The legendary book, Think and Grow Rich by Napoleon Hill is read by more people than any other business book. Napoleon Hill didn’t come up with the great ideas in the book, instead, he profiled the lessons learned from other successful leaders. RochesterRockstars.com brings you successful leaders in our own community sharing the secrets that led them to their Rockstar success. Learn and Grow from their stories.

Insero & Company Named one of the 2013 Best Accounting Firms to Work for

Insero & Company CPAs, P.C. was recently named one of the 2013 Best Accounting Firms to Work for. This annual list was created by Accounting Today and Best Companies Group to identify, recognize and honor the best places of employment in the accounting industry. The firm ranked 9th in the Mid-Sized Employer category.

BestAcctFirmstoWorkfor2013

Accounting firms from across the country entered the two-part survey process to determine the Best Accounting Firms to Work for. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final ranking.

Best Companies Group managed the overall registration and survey process, analyzed the data, and determined the final ranking. The list, which consists of 100 firms, will also be published in the December issue of Accounting Today.

For more information on the Best Accounting Firms to Work for program, visit www.BestAccountingFirmstoWorkfor.com.

Rochester-based Insero & Company CPAs, P.C. is one of the largest accounting and business advisory practices serving Western, Upstate and the Southern Tier of New York. A full-service public accounting firm with Tax, Audit and Outsource Accounting practices, Insero & Company specializes in Employee Benefit Plan Audits and Outsourced and Virtual Accounting Services for not-for-profit organizations and companies of all sizes.

Client Update Newsletter: Fall 2013

When it comes to your business there is no one-size-fits-all formula to success – and your relationship with your CPA should be just as unique. That’s why we promise to deliver The Highest Standard of client service built on a foundation of frequent communication.

This newsletter is just one of the ways we help you stay up-to-date on tax and financial issues that impact small business owners. From year-round tax planning to tips on how to maximize profits, this valuable resource is a must read. This quarter’s topics include:

  • Manage your MAGI to preserve tax breaks
  • Embezzlement: You need to know how it works to prevent it
  • Index funds could be the right investment choice for you
  • Do you have obsolete inventory?
  • Don’t get tripped up by a wash sale
  • Look into energy credits
  • 2014 HSA contribution limits released
  • What are the odds for audit selection?

Click Here to Download the Newsletter

Coffee and Tablet

Audit & Accounting Update

Join us for the 4th installment of Insero & Company’s 2013 CPE Series. The CPE Series provides financial professionals and business owners with relevant, up-to-date information and networking opportunities at an affordable price. The next seminar is our annual Audit & Accounting Update presented by Timothy McLaughlin, CPA and Jennifer Martlew, CPA, CFE.

Click Here for More Information and Registration

MP900443188 When: Wednesday, September 25, 2013, 8am-10am Where: Locust Hill Country Club, 2000 Jefferson Road, Pittsford, NY 14534 Cost: $30 per person ($20 through September 18th with $10 Early Bird Discount) Presented By Timothy McLaughlin, CPA and Jennifer Martlew, CPA, CFE Insero & Company CPAs, P.C. To view additional upcoming events, please visit our website. To receive updates on future events, please join our mailing list.

Are your employees taking advantage of your company’s retirement plan?

Your company’s retirement plan is an important part of your employees’ total compensation package. It can be a contributing factor in both attracting and retaining a quality workforce. One way you can maximize this benefit is by offering automatic enrollment for your employees.

Nest Egg

In addition to making it easy for employees to save for their retirement, automatic enrollment dramatically improves participation which can also, depending on your type of arrangement, make it more likely that your plan will pass annual nondiscrimination testing. It’s a win-win.

As an employer, you have two choices when it comes to automatic enrollment arrangements:

Eligible automatic contribution arrangements (EACAs)

  • More flexible rules on employer/employee contributions
  • Subject to annual nondiscrimination testing
  • Employer can set up a vesting schedule of up to 6 years

Qualified automatic contribution arrangements (QACAs)

  • More restrictive rules on employer/employee contributions
  • Automatically passes non-discrimination testing
  • Employer contributions must fully vest upon 2 years of service

Ready to take the next step? Once you’ve chosen the type of arrangement you’d like to set up, you’ll need to amend your plan document and set up default investments. You’ll also need to provide your employees with a notice describing the new process and participant rights.

Keep in mind, however, that regulations related to employee benefit plans are constantly evolving. Insero & Company has an experienced, dedicated Benefit Plan Audit Team, so you can count on our ERISA knowledge and ability to provide answers to your questions; from filing and reporting requirements to complex interpretations of benefit regulations.

Insero & Company Names Michael Marafioti Partner

Insero & Company CPAs, P.C. announced today that Michael D. Marafioti, CPA has been admitted as a partner in the firm. Michael is a member of the Audit and Business Advisory Services Group and has significant experience in the real estate, manufacturing, construction and service industries.

Michael D. Marafioti, CPA

Michael D. Marafioti, CPA

He works with many middle-market companies where he provides entrepreneurs with real time business advice ranging from operations to financing. Michael is also responsible for planning, performing and supervising audits, reviews, compilations and financial consulting engagements aimed at helping companies attain their business goals.

Michael is a graduate of the State University of New York, College at Fredonia and is a Certified Public Accountant in New York State. He is also a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

Michael resides in Fairport, New York with his wife Heidi and their three children. In his free time, he enjoys skiing, golfing and spending time with his family. He serves as treasurer for Fairport Youth Lacrosse and coaches the girls youth teams. He also regularly volunteers for the Young Entrepreneurs Academy.

Rochester-based Insero & Company CPAs, P.C. is one of the largest accounting and business advisory practices serving Western, Upstate and the Southern Tier of New York. A full-service public accounting firm with Tax, Audit and Outsource Accounting practices, Insero & Company specializes in Employee Benefit Plan Audits and Outsourced and Virtual Accounting Services for not-for-profit organizations and companies of all sizes.

Insero & Company Named One of the Best Accounting Firms to Work for

Insero & Company CPAs, P.C. was recently named one of the 2012 Best Accounting Firms to Work for. This annual list was created by Accounting Today and Best Companies Group to identify, recognize and honor the best places of employment in the accounting industry.

Best Accounting Firms 2012

Accounting firms from across the country entered the two-part survey process to determine the Best Accounting Firms to Work for. The first part consisted of evaluating each nominated firm’s workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top firms and the final ranking. Best Companies Group managed the overall registration, survey and analysis process and determined the final rankings.

The ranking of the 5th annual Best Accounting Firms to Work for will be unveiled at an awards ceremony sponsored by ADP during Accounting Today’s 2nd Annual Growth & Profitability Summit on October 28th – October 30th at the Boca Raton Resort & Club in Boca Raton, Florida. The list-making firms will also be published in the December issue of Accounting Today.

For more information on the Best Accounting Firms to Work for program, visit www.BestAccountingFirmstoWorkfor.com.

Rochester-based Insero & Company CPAs, P.C. is one of the largest accounting and business advisory practices serving Western, Upstate and the Southern Tier of New York. A full-service public accounting firm with Tax, Audit and Outsource Accounting practices, Insero & Company specializes in Employee Benefit Plan Audits and Outsourced and Virtual Accounting Services for not-for-profit organizations and companies of all sizes.