At DiSanto, Priest and Co., our unique transdisciplinary team structure was designed to better serve the needs of the Professional Services industry. See below for the names and faces of our Professional Services accounting leadership, and contact one of our industry leaders to learn more about how our experience can benefit your business.

Arthur Lambi, Jr., CPA, MST
Partner
At DiSanto, Priest and Co., our unique transdisciplinary team structure was designed to better serve the needs of the Professional ...
Read Bio
Congress Expands The Energy Efficient Home Improvement Credit
As part of the Inflation Reduction Act, Congress recently extended and expanded what was previously known as the Non-Business Energy ...
Read More
Retirement Contribution Limits Changing in 2023
The IRS has recently released the inflation-adjusted contribution limits, phase-out ranges, and income limits for various retirement-related items for the ...
Read More
IRS Announces Increases to Annual Gift Tax Regulations
The Internal Revenue Service has announced the increases in the annual gift tax exclusion and the lifetime estate and gift ...
Read More
Massachusetts Tax Refund Coming in November
Thanks to an obscure Massachusetts law passed back in 1986, Massachusetts taxpayers will be eligible to receive a tax refund ...
Read More
Child Tax Rebates Announced in Rhode Island
Governor Dan McKee recently announced a new relief program aimed at providing some financial relief to Rhode Island families during ...
Read More
Cash Basis, Accrual Basis – What Does It Mean and Why Does It Matter?
The cash basis or accrual basis relates to how income and expenses are accounted for; hence these are referenced as ...
Read More
Artificial Intelligence for Cost Optimization in Manufacturing
Learn how artificial intelligence optimizes cost in manufacturing applications. Streamline operations, drive growth, and avoid inefficiencies.
Read More
The Threshold for Creating State Nexus Is Changing – And Not for the Better
Learn about the changes being made to P.L. 86-272 for remote and online sellers of tangible personal property.
Read More
Income, Tax Returns & W-2 Wage Statements
Learn about the different types of wage statements and how they affect your income determination and tax returns.
Read More
The Tax Implications of Crowdfunding
Learn the different types of crowdfunding methods, and how they should show up on your organization's tax records.
Read More
Importance of Buy-Sell and Shareholder Agreements
Learn the differences between Buy-Sell and Shareholder agreements, and what each document does for a company.
Read More
Remote Auditing During the COVID-19 Pandemic
Due to COVID restrictions, e-audits are becoming popular, with auditors conducting inventory observations remotely.
Read More
Reassessing Profit Margins During the Pandemic
Understand what truly drives company profit and how pandemic-era evaluations are helping companies capitalize on profitability streams.
Read More
Reporting Requirements for Provider Relief Fund Recipients
To mitigate financial impact, Provider Relief Fund payments were issued for COVID-related expenses to help cover lost revenues.
Read More
New Refundable Payroll Tax Credit for Qualified Sick Leave Related to the COVID-19
Under the American Rescue Plan Act of 2021, new tax credits are being provided for paid leave to employees who take time off related to COVID-19.
Read More
US Treasury Secretary Janet Yellen Proposes Global Minimum Tax for US Multinationals
Under the Treasury Secretary's new proposal, MNEs would pay at least a 21% tax rate on profits earned in every country with foreign operations.
Read More
Tax Implications of Home Improvement Projects During the COVID-19 Pandemic
Home improvements have drastically increased during the pandemic; learn about the tax implications of these projects, how they're paid for, and more.
Read More
The Employee Retention Credit: Qualifications and Availability
The Employee Retention Credit (ERC) enables eligible employers to generate maximum tax credits for 2020 and 2021. Learn more about the qualifications and funds available.
Read More
Provider Relief Funds Threshold for a Single Audit — When You'll Need a CPA
If entities expended more than $750,000 of CARES Act Provider Relief Funds, they have reached the threshold for a single audit by a CPA.
Read More
COVID-19’s Potential Impact on Accounting and Financial Statements
As the COVID-19 pandemic continues, contractors will continue to feel its impact to accounting and finances, including GAAP requirements, and more.
Read More
Exploring State Tax Implications of the 163(j) Business Interest Expense Limitation
The Tax Cuts and Jobs Act created legislation limiting the deductibility of business interest expense on various businesses; learn how this limitation varies by state.
Read More
Your Guide to Deducting Casualty Losses in Prior Years
If you sustain a casualty loss due to a federally declared disaster, you may deduct a casualty loss in the year before the casualty actually occurred.
Read More
Will You Have To Pay State Taxes On PPP Loan Forgiveness?
For tax guidance on your Paycheck Protection Program (PPP) loan, learn about what portion of your loan my be taxable as gross income, and how this varies by state.
Read More
Navigating Federal Student Loans & Financial Planning During COVID-19
With the CARES Act deferring federal student loans payments during the pandemic, learn your options and best practices for financial planning.
Read More
Tax Reform's Effect on Company Parking
As an employer with company parking available, learn how the Tax Cuts and Jobs Act, along with Notice 2018-99, advise on tax deductions for on-site parking.
Read More
Exploring the CARES Act Qualified Retirement Plan Distribution Option
For those struggling financially due to COVID-19, the CARES Act waives the 10% early withdrawal penalty for retirement distributions.
Read More
B Corporations: Offering Stakeholders Qualitative Dividends
Learn about the public transparency, environmental responsibility, and legal accountability for acquiring and maintaining B Corporation status as a company.
Read More
How the Tax Cuts and Jobs Act is Impacting Contractors
The Tax Cuts and Jobs Act has many implications for contracting corporations, from new business classifications, to whether they're subject to AMT, and more.
Read More
State Guidance Regarding Employees Working Remotely During COVID-19
The states of Rhode Island, Massachusetts, and Connecticut have released tax guidance for businesses with employees working remotely during COVID-19.
Read More
CARES Act Provider Relief Fund: Eligibility and Requirements for Round Two Funding
$20 billion in funding is available to healthcare providers in round two of the CARES Act Provider Relief Fund — learn more about the application process.
Read More
How to Prepare for Concentrated Supply Chains Disruptions
Experienced delays in supply chain distribution? Use these tips to mitigate supply chain risks when sourcing materials or products in the marketplace.
Read More
Leveraging COVID-19 Related Tax Credits for Required Paid Leave
Learn how the Families First Coronavirus Response Act (FFCRA) can credit employers providing paid leave to employees due to COVID-19.
Read More
CARES Act Grants Healthcare Companies Provider Relief Fund Payments
The CARES Act created the Provider Relief Fund, which reimburses healthcare providers for lost revenues and increased expenses due to the COVID-19 pandemic.
Read More
Navigating the Pandemic Unemployment Assistance Program
The Pandemic Unemployment Assistance (PUA) program provides assistance to individuals who aren't traditionally eligible for unemployment benefits.
Read More
How to Avoid Falling Victim to Economic Impact Payment Scams
The CARES Act includes a direct stimulus payment for qualifying parties, but be aware, scammers are taking advantage of the situation as well.
Read More
Working Remotely? Beware of Online Scams and Phishing Schemes
When staff members are working from home, it's a good time to remind everyone to be diligent in checking for potential malware and online scams.
Read More
Combating COVID-19
With all of the uncertainties surrounding COVID-19, chances are you are feeling the impact. Here are some government programs to provide support.
Read More
Building Momentum To Grow Sales
Any successful company motivated to grow its sales volume should first focus on the existing relationships it has worked so hard to build. Leverage and revitalize current areas of business before tapping resources to develop new product lines and expand.
Read More
Can Your Business Benefit from the Work Opportunity Tax Credit?
There has never been a better time for businesses to determine their eligibility for the employment-based Work Opportunity Tax Credit (WOTC).
Read More
Mitigating Equipment Obsolescence in a Rising Rate Economy
The Federal Reserve’s incremental adjustments to interest rates in the past year have manufacturers reconsidering how to address capital investment needs.
Read More
Sullivan v. Sleepy’s - Changes for Commissioned Employees
The recent outcome of the Sullivan v. Sleepy’s LLC et al. civil case, and the Massachusetts Supreme Judicial Court’s (SJC’s) interpretation of the Mass General Laws has clarified how employers are required to pay commissioned retail employees. 
Read More
Attorneys and Certified Public Accountants Are More Similar Than You Would Think
For over 100 years, attorneys and CPA’s have worked side by side. Few professions share such a long-standing working alliance for the good of their clients.  So, how similar are we?
Read More
A Modern Business Model for Legal Services
At one time or another, every Attorney, CPA, or business professional has received push-back from a client who is less than happy with the amount of fees charged for services.
Read More
Bonus Depreciation and Section 179 Update
The implementation of the Tax Cuts and Jobs Act in late 2017 has significantly impacted the way companies depreciate their assets.
Read More
Physical Presence No Longer Required for Sales Tax
In a 5 - 4 decision, the Supreme Court ruled in favor of state authority to require online retailers to collect sales taxes without regard to physical presence in the state. Although states stand to gain much-needed tax revenues, there may be consequences for online retailers that do business in multiple states.
Read More
Taking Control of SOC Report Requests & Distribution
One of the ways firms and their business clients are utilizing a clearinghouse is for SOC report distribution – a process that is becoming more challenging to manage as an increased focus on third-party controls has led to a rise in requests for reports.
Read More
Authenticated Financial Information
There is growing demand today for accurate, authenticated financial information. While technology has positively impacted the speed and accessibility of information, it has also created new ways to alter and compromise information.  
Read More
A Visit to China
China is one of the largest economy's in the world and our partner Bill Pirolli took a trip to check it out. Bill explored China's accounting industry which is beneficial for him as well as his clients just like you.
Read More
SOC Audit Reporting Guidance is Changing
The AICPA recently issued a new set of Trust Services Criteria that apply to SOC 2, SOC 3, SOC for cybersecurity engagements. Here is what changed.
Read More
How to Assess Your Company's Financial Health
We receive regular checkups to monitor, maintain, and improve our health. But did you know that you should do the same for your company?
Read More
The Importance of Strategic Planning
Is your company future ready? We are living in a time of rapid change around the world. Consider a Strategic Planning Engagement to ensure success.
Read More
New Year and New Tax Laws Bring Change to Estates and Gifts
As we continue to welcome in the first quarter of 2018 and the new tax bill, let's take a quick look at what has changed and what remains the same.
Read More
Meal and Entertainment Provisions in the Tax Cuts and Jobs Act
As part of tax reform, significant changes were made to the ability of businesses to deduct meals and entertainment expenses.
Read More
The Secret to Beneficiary Designations - "Follow Directions"
To remain competitive in today’s working environment employers will offer employees the opportunity to participate in a pre-tax retirement plan.  In addition, they may offer to match the employee’s contribution up to a certain percentage.  As part of the process, the employee is required to complete certain paperwork which includes a Beneficiary Designation Form (BDF).
Read More
Medical Billing - Some Best Practices
Today’s health care providers face an onslaught of new rules —including complex coding requirements, privacy concerns, higher copays, unpaid debts, and denied claims, to name a few—making it more important than ever for medical offices to create clear medical billing policies.
Read More
The Obstacles to Establishing Your “Dream Team”
We all know that people are your most important asset.  They create new ideas, service your customers, and handle all the things that machines simply cannot.  Let’s face it, that large payroll expense on your income statement is there for a reason.  You have probably spent quite a bit of time trying to hire the best people, the smartest people, and the ones that fit your company’s culture; essentially trying to build your dream team.
Read More
error: