Michael Sicuranza, CPA, CFP(R)

Financial Advisor to the professional small business owner & familes. Newly minted CPA. Fitness and critical thinking advocate. CEO -Affinity Wealth and NHS.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@RyanDetrick @FrankCappelleri Most H&S tops fail. Great Chart.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@AdviserCounsel He was dirty all series. Refs and the Spurs - doesnt matter now....Knicks are CHAMPS. Didn't have this on my bingo card this year.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

One of my favorite alt-history books are the “What if” series. Essentially, historians map out alternative histories and what could have been the result. Example, what if Greece had lost to the Persians? I answer the what ifs for clients and employees everyday.
What if I want to retire early?
What if I want to spend more?
What if I want to sell my business?
What if I get sick? What if inflation is higher than expected?
You get the idea.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@RyanDetrick Totally agree 2013!

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

Things not on my accounting bing card - reviewing another firms work and 1. net income on the P&L and balance sheet don't match 2. contractors placed on the Schedule C as employees 3. No accruals for retirement plan contributions. Even a dumbdumb like me know this is wrong.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

Sitting in the @Walgreens for 45 minutes waiting for my prescriptions. I don’t usually mind waiting but when the only pharmacist at work is talking to her friend for the entire time without working is just infuriating. I now know her entire life story.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@bryanhasling @wealthMAinsider We send lunch, breakfast or dinner. Our CPAs appreciate it.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

Diversify your assets by type, class, tax not by advisor. Example - Husband dies - assets are everywhere... some with main advisor, some with retail brokerage firm. Many accounts, no coordination, retail completely incompetent to handle a death case, paper flying everywhere. Grieving widow gets quickly overwhelmed and angry. Instead of handling her health and family, she now spends most of her time trying to figure out what is going on. Advisors - take control. Clients - consolidate. Attorneys and CPAs - collaborate.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@TawohAwa Aren’t you concerned about putting personal information into an open model?

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@andreacpa0 I had someone this week ask me to "ballpark" the expenses for his business. Can you imagine?

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@RyanDetrick I had a client call me exactly at the bottom of 666 begging to go to cash. Crazy times.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@AdviserCounsel Are you Safe Harbor NE or Match? In addition, alot of this depends upon how you classify your employee groups. Singular or in big groupings? My recommendation is get some plan design done by a TPA. Much better than going through a bundled program for SBOs. email me 4 a name

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@AdviserCounsel @ricedelman Actually I don’t inEMH at all but I do believe in Supply and Demand, relative strength and trend following.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@AdviserCounsel @ricedelman Max - the market ALWAYS dictates price. Stock, bond, crypto. Price is truth.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@awealthofcs Bigger the base.......

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@PeterLBrandt Young guy. I’m an old guy

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

@PeterLBrandt I’m not a guy but bull flag to me.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

Only Sith talk in absolutes.....Everyone should buy a house. No one should buy a house. 401ks are bad. 401ks are great. Real Estate is the only investment. Never invest in Real Estate. Life is nuanced and so should your financial planning. Don't listen to the dumb-dumbs (technical term) that tell you otherwise.

[Michael Sicuranza, CPA, CFP(R) @MSicuranza]

So tired of the dumb. Dumb comments, dumb advice and dumb people who give said advice. I want less dumb in my life.