Massucci & Associates

At Massucci & Associates, the careful management of your finances is our top priority.

We pride ourselves on giving you personalized and thorough service that meets your business or individual needs.

ABOUT US

Experienced Service Providers - A Unique and Specialized Practice Group

Massucci & Associates is a professional services CPA, Financial Planning, Business Consulting & Technology Services firm that was formed in 1986.

Our CPA services include tax planning & return preparation, business consulting services, financial reporting and the assessment & analysis of small business systems, processes & profitability. We have extensive experience in individual, private and not for profit sectors and our professional staff have worked with small business CPA firms as well as big 4 accounting firms throughout Connecticut, Western Massachusetts and beyond.

Our business services include payroll, financial analysis & systems planning, design, development & implementation. We offer a variety of “new business” services including business setup, tax ID# filing & registration, business planning, budgeting, consulting, financing assistance and sales tax compliance.

Our technology services help our clients to optimally incorporate their business systems into their accounting processes and procedures.

To help ensure your secure financial future, to protect your assets and to minimize the burden of estate taxes and the probate process, we offer extensive Estate and Financial Planning services. We also help plan for the future, including retirement and education. At Massucci & Associates, our financial planning focus is on you, your goals and your life.

Tax preparation and accounting services provided by Massucci & Associates are separate and unrelated to Commonwealth.

A Partnership

Massucci & Associates maintains an open dialogue with our clients. As professionals who are skilled in project management and delivery of services, we frequently communicate with our clients, allowing our clients to properly evaluate our services. Communication allows our professionals to discuss important issues and to prevent potential problems and surprises. Communication is the key to a successful engagement. We understand that our success is directly linked to the success of our clients.

Our People

Daniel F. Massucci, CPA/PFS, CFP — Managing Partner - Dan is a Certified Public Accountant, Personal Financial Specialist and Certified Financial Planner with over 20 years of experience leading the implementation of a wide-range of quality professional financial services to businesses and individuals. Dan has the equivalent of nearly ten years of private-industry and Chief Financial Officer experience assisting and working with a range of mid-sized companies with services ranging from forecasting and budgeting to taxes and financial reporting to investing and financial planning. Dan's diversity of experience enables him to understand good service from a client's perspective and to deliver seasoned and relevant business advice. Dan received his BS from the University of Connecticut. He has been active in a variety of community and professional organizations, including serving as treasurer, a Board member and executive committee member for the YMCA, as a member of the American Institute of CPAs and the Connecticut Society of CPAs and as a member and conference panelist for the Financial Planning Committee of the Connecticut Society of CPAs.

Kelly M. Cantillon, CPA — Partner - Kelly is a CPA with more than 11 years of industry experience, including “Big Four” experience with the auditing of and accounting for state & local governmental agencies, colleges and universities and not-for-profit entities. Clients Kelly has served on include a tribal government where she performed financial statement audits and audits of federal and state programs, a large Ivy League university and several smaller technical plans, schools and not-for-profits. She received her BS from the University of Connecticut.

Kelly is not an employee of Commonwealth, tax preparation and accounting services provided by Massucci & Associates are separate and unrelated to Commonwealth.

Back to the top

Our Credentials

  • As QuickBooks Pro Advisors, we support QuickBooks financial software from Intuit, an accounting system solution that provides comprehensive tools to help small businesses manage their finances more effectively.
  • We are members of the Certified Financial Planner Board of Standards, a professional regulatory organization, fostering professional standards in personal financial planning so that the public has access to benefits and values from competent financial planning.
  • We are members of the American Institute of Certified Public Accountants, a professional organization that has been serving the accounting profession since 1887 for the public interest.
  • We also hold the designation of Personal Financial Specialist (PFS), accredited by the AICPA.
  • We are members of the Connecticut Society of Certified Public Accountants, a professional regulatory organization for the State of Connecticut. It was formed in 1908 "to establish such standards of integrity, ability, and professional conduct that the business public will forever trust their members, all of whom must be CPAs."
  • We are members of the Massachusetts Society of Certified Public Accountants, premier state professional organization for all certified public accountants in the State of Massachusetts. It is an organization whose mission is "To preserve and enhance the value of being a Certified Public Accountant as an advocate, a resource, and a representative for our diverse membership".

Back to the top

Our Areas of Specialization

Tax & Tax Planning Services

We provide a full array of tax filing services to assure full and optimal compliance for all tax return filings, including corporations, s-corporations, LLC's, partnerships, sole proprietorships, individuals, trusts and estates.

Tax Preparation

Experienced and complete tax return preparation, always reviewed and signed by a CPA, including complex tax filings, for Individuals, Businesses & Estates & Trusts.

Planning

Massucci & Associates places considerable focus on planning as the basis for providing valuable services to our clients. We offer a complete range of planning services, including:

  • Business planning for strategic planning and financing requirements
  • Planning for optimal tax cash flows and elimination of tax-related penalties and interest
  • Financial planning to assist with budget control, goal achievement, education and retirement planning, and other planning areas
  • Fiscal year business planning
  • Business retirement planning

Payroll

Massucci & Associates offers our business clients a full range of payroll and payroll tax processing and reporting including planning and administering payroll, adhering to tax deposit requirements and complete payroll tax filing compliance.

  • Process Improvement and Expense Analysis
  • Business system and process consulting services, including procedure and internal systems analysis, modification, optimization, documentation and review
  • Expense and profitability review
  • Cost reduction and profitability optimization

Property Tax Return Preparation

Assistance with the annual preparation of local business personal property tax fillings.

Business Consulting

  • Are you looking to secure bank financing? Trying to articulate your plans for your management team?
  • Our experienced business consulting team can help you prepare a detailed written document describing your current operations and future business prospects and plans.
  • Process Improvement and Expense Analysis
  • Business system and process consulting services including procedure and internal systems analysis, modification, optimization, documentation and review & expense and profitability review, cost reduction and profitability optimization and improvement projects

Auditing & Financial Reporting Services

We provide a full array of financial reporting services, including, internal control assistance, procedures & systems reviews, agreed upon procedures reporting and other unique reporting as required by our clients. Our extensive range of public and private accounting experience, including Big Four and small-business public and corporate experience provides our clientele a uniquely qualified and experienced approach to financial reporting services. Aside from the ultimate financial report, our focus is upon adding value and offering useful information and recommendations to assist in the growth and success of your business

Charter Schools & Non Profit Services

Our experienced team of professionals will provide state of the art business services to your charter school that will ensure the integrity, accuracy, and timeliness of your financial data and guide your business and financial planning processes. Additionally, our technology and financial planning professionals offer a diverse range of expertise that enhances our business services.

For more than 10 years, we have provided exceptional services in the areas of financial administration and services to charter schools and non-profit organizations in Connecticut.

Financial Planning

By customizing your financial plan (your Life Plan) to your particular needs, Certified Financial Planner, Daniel F. Massucci, can assist in managing and conserving your wealth while minimizing taxes. In our comprehensive life planning process, you receive hands-on, personalized attention from knowledgeable, experienced professionals who can devise the most efficient plan at the most cost-effective fee, including:

  • Identify family goals regarding preservation of family wealth, retirement & education.
  • Assist with the budgeting process, including automation and the integration of software such as Quicken.
  • Assist with retirement planning and needs analysis.
  • Develop an investment plan consistent with your overall Life Plan, goals and objectives.
  • Provide investment services to implement plan strategies, including the use of mutual funds, bonds and fixed income instruments to achieve desired asset allocation goals.
  • Assist with education planning.
  • Review insurance and risk issues to assure coverage and plans are adequate.
  • Estate and trust strategies, planning and administration
  • Plan for assets with unique estate tax attributes, including retirement plan and life insurance benefits
  • Identify potential liquidity problems caused by federal and state estate taxes, generation-skipping transfer tax, debts, cash bequests, necessary funds for the continued operation of the family business, probate, administration costs, etc.
  • Develop a lifetime gift program utilizing appropriate vehicles such as family limited partnerships, charitable trusts, and qualified personal residence trusts
  • Help you communicate and discuss your plan with your family to ensure there is a mutual understanding of your plan and a commitment to it
  • Ensure the proper implementation of the estate plan
  • Estate & Probate planning & administration to ensure your secure financial future, to protect your assets into the future, to guide wealth transfer and to assist with optimal compliance and minimization of taxes, fees and costs associated with Federal, State and local Estate & Probate filings
  • Reduce and plan for income and estate taxes.
  • Review current wills, trust instruments, and schedules of assets
  • Review various alternatives to the current estate plans and quantify potential tax savings
  • Business Succession & Estate Planning based not only on maximizing financial savings but also on meeting your family’s and business’s goals and objectives for the future.
  • Examine closely held business issues, including valuation, alternative methods of paying estate tax, and the transfer and/or disposition of business interests

Tax preparation and accounting services provided by Massucci & Associates are separate and unrelated to Commonwealth.

Back to the top