Skip Navigation LinksHome

Founded in 1927, Schultheis & Panettieri, LLP is a leading provider of accounting, auditing and tax services in the NY Tristate Area and along the East Coast.

Based on Long Island, with an office in Manhattan, Schultheis & Panettieri, LLP is committed to building and maintaining strong relationships with our clients. We believe that actions speak louder than words and prove it every day by anticipating and responding to our client's needs.

Contact us and experience it for yourself.

Regulatory Update News

Buy? Sell? Or Hold?
As 2014 winds down, Gregory Zuckerman takes the pulse of a surprisingly robust stock market.

Approach Hot Indian Stocks With Care
India's stock market is enjoying a moment in the sun, helping turn India into a darling of U.S. investors looking for the next hot emerging market. But investors shouldn't be blinded to the risks by this year's shimmering returns.

Three Mistakes Investors Keep Making
Successful investing requires avoiding common mental and emotional pitfalls.

Three Ways to Assess Your Financial Progress
You don't need a professional planner to figure out where you stand, writes Jonathan Clements.

Ventas Bets Big on an Aging Population
Some think the REIT could surge 30% in the next year.

The Case for Sticking With Stocks
Long-term investors should keep at least 60% of their money in shares, even when they seem overvalued, this researcher says.

The Importance of a Balanced Portfolio
Jonathan Clements explains how it's done and how it helps.

Thermo Fisher Looks Ready to Soar
It's gaining market share, paying down debt and cutting costs.

Junk Bonds Deserve a Place in Portfolios
The payoff is higher yields. But recent market gyrations are a reminder of the risks.

Is That an Office Building in Your 401(k)?
Some retirement-plan savers can invest in private funds that own commercial property.

What Markets Did While You Were Tanning
The bulls wobbled on geopolitical news, then have resumed their run.

Why Analysts Say TransCanada Is Undervalued
Growth prospects are strong, especially if pipe and generation assets are split.

There's No Need for Investors to Fear September
Historical stock-market returns for the month aren't as ominous as some investors believe.

How to Fire Your Financial Adviser
Weekend Investor: Cutting ties with someone who has helped you navigate tough financial issues can be difficult. Here's how to do it.

Why Your Cash Isn't Trash
Weekend Investor: Your cash might be earning more than you think—even as it loses value to inflation.

The Payoffs of Investing Locally
It can be worth it both financially and personally, but there are risks. Here's what you need to know.

How Much Diversification Is Too Much?
We run the numbers to see how much expanding your investment holdings really pays off.

'Alternative' Investments: What You Need to Know
Jonathan Clements provides three broad guidelines.

Terex Is Poised for Heavy Lifting
Crane maker should benefit from several tailwinds.

Taking Stock of Automated Financial Advisers
These online services use computer programs to manage portfolios—and charge far less than traditional brokerages. Should investors bite?

Calling a Market Peak Is Only Half the Battle
Hulbert on Investing: Investors who side-step a bear market often blow the timing of getting back into stocks.

Is It Time to Invest in Bitcoin?
What investors should know before diving into bitcoin and other cryptocurrencies.

How to Manage Collectible Investments
Many investors don't have a clue about the value of their fine art, antiques or other collectibles or how to protect them properly—a situation that can cost them dearly.

ETF Ideas for Banks in a Rising-Rate Environment
Some financial advisers say it would be a mistake to exit bank-related investments because of rising rates, especially for a long-term holder.

For New Parents, New Look at Finances
A young couple with a baby look again at their finances, with help from a financial adviser.

Ventas Bets Big on an Aging Population
Some think the REIT could surge 30% in the next year.

The Rise of Ultracheap Financial Advisers
In a world in which the expected long-term return on stocks after taxes and inflation is 3% to 4% a year at best, financial advisers still typically charge 1% a year for their services. Why, when you take all the risk, does your adviser take up to one-third of the reward?

The New World of Property Investing
Weekend Investor: There's a growing array of ways to profit from renting out single-family homes.

Approach Hot Indian Stocks With Care
India's stock market is enjoying a moment in the sun, helping turn India into a darling of U.S. investors looking for the next hot emerging market. But investors shouldn't be blinded to the risks by this year's shimmering returns.

Don't Be Lulled by Smooth Market Ride
It's been a long time since the last correction—and that's a reason to plan for the next one.

A Full Night's Sleep Can Really Pay Off
Weekend Investor: Being well rested can make people more productive and valuable at work, as well as smarter in their investing, research suggests.

Dow Jones Newswires Codes - Subject Codes

If You Buy Alibaba, Be Ready for a Rough Ride
If you have money you can afford to lose and you get shares in Alibaba's IPO at a price under $70, you should probably hang on—but don't even think about buying in the first place if you scare easily.

Where (in the Human Body) Venture Capital Is Going
A look at the organs and maladies that are attracting the most interest of startups and venture-capital investors. Hint: Think aging baby boomers.

Answers to Your Questions on Estate Planning
What you should know about 'pour-over' plans and revocable trusts.

How to Throw Away a Fortune
The smart moves you can neglect and the stupid ones you can make, writes Jonathan Clements.

Clean Up That Portfolio
An investment portfolio can be like a closet or a garage, collecting random stuff until it's cluttered and in need of some serious cleaning. Tom Lauricella explains why simplification matters.

China Widens Access to Its A Shares
There are potential bargains, but also risks, in the Shanghai-listed stocks.

The Secrets of Berkshire's Success: An Interview with Charlie Munger
Warren Buffett's right-hand man talks about investing philosophy and what has worked for Berkshire Hathaway.

Three Mistakes Investors Keep Making
Successful investing requires avoiding common mental and emotional pitfalls.

Turnaround Remains Elusive at Magellan Fund
Spotlight : As Jeff Feingold's stewardship of Fidelity's Magellan fund nears the three-year mark, one analyst calls his performance 'respectable' while another suggests new investors might want to look elsewhere.

Test Your Smarts...on Muni Funds
Investor IQ: Municipal-bond funds have managed to recover from the 2013 market rout. How much do you know about the sector? Take our quiz.

Will It Be a 'Single Digit' Year for Stock Funds?
Monthly Monitor : U.S.-stock funds notched a 3.8% return for August, to put them at a 5.9% gain for the year to date.

College Try: To Offset Tuition, a Bet on Health Care
One way for parents to plan for college costs is to invest in stocks that have the potential for significant growth. With health-care costs on the rise, that sector is one candidate.

Time to Buy the Farm?
Spotlight: A few REITs give small investors access to farmland and forest tracts. Prices are down recently, but most yield dividends well above the current yields on short-term Treasurys.

Mutual Funds' Five-Star Curse
The rare ability of funds to maintain five-star ratings from Morningstar over a 10-year period offers a few lessons for investors.

With a Bitcoin ETF, Risk Isn't Virtual
Two firms are racing to bring a publicly traded bitcoin fund to market. Potential investors should consider the extraordinary risks of investing in the virtual currency.

Are 'Managed' ETFs Worth It?
Pools of ETFs managed by specialists are becoming popular investments, but some question their value.

Market Sentiment: Why It Matters
In Translation: There has been plenty of talk about market sentiment this summer, but why is it considered important?

The Importance of a Balanced Portfolio
Jonathan Clements explains how it's done and how it helps.

Thermo Fisher Looks Ready to Soar
It's gaining market share, paying down debt and cutting costs.

Intelligent Investor: Can Peers Burn Holes In Your Portfolio?
New research helps explain how financial contagion spreads and how to protect yourself against it.

Is That an Office Building in Your 401(k)?
Some retirement-plan savers can invest in private funds that own commercial property.

Junk Bonds Deserve a Place in Portfolios
The payoff is higher yields. But recent market gyrations are a reminder of the risks.

The Case for Sticking With Stocks
Long-term investors should keep at least 60% of their money in shares, even when they seem overvalued, this researcher says.

Why Analysts Say TransCanada Is Undervalued
Growth prospects are strong, especially if pipe and generation assets are split.

Worried About Having Enough Retirement Income?
Jonathan Clements lays out five steps for getting you there.

What Markets Did While You Were Tanning
The bulls wobbled on geopolitical news, then have resumed their run.

The Tax Bill Comes Due on Kinder Morgan MLPs
Investors in two master limited partnerships could owe big taxes in the proposed reorganization.

There's No Need for Investors to Fear September
Historical stock-market returns for the month aren't as ominous as some investors believe.

Why I Fired My Financial Adviser
The relationship got off to a rocky start, says this Journal editor. Nine months later, it was over.

How to Fire Your Financial Adviser
Weekend Investor: Cutting ties with someone who has helped you navigate tough financial issues can be difficult. Here's how to do it.

How to Play Catch-up on Retirement Savings
If you've socked away too little, combine a higher saving rate with smart planning on Social Security and when to leave the workforce.

Insurance Against Outliving Your Retirement Savings
You should think twice before jumping into 'longevity annuities.'

Schlumberger Shares Could Get North American Boost
Recent acquisitions should help it exploit the fracking boom.

Financial Beliefs You Might Not Like
Jonathan Clements shares 13 personal convictions on investing.

When Grandparents and 529 Plans for College Savings Clash
Well-intentioned gifts to grandchildren could hurt their chances of getting financial aid.

Tax-Smart Giving Made Easy
Weekend Investor: Many donors benefit by making charitable donations through a 'charitable gift trust' or 'donor advised fund.'

Strategies for Smoother Ride in Stocks
'Low volatility' funds are one option, but maybe not the best choice.

How to Teach Teens About Investing
Consider giving them real money to invest—but not without sharing these three stock-market truths.

Financial Advice for College Freshmen
The Experts suggest ways students can be smart about saving and spending on campus.

Terex Is Poised for Heavy Lifting
Crane maker should benefit from several tailwinds.

'Alternative' Investments: What You Need to Know
Jonathan Clements provides three broad guidelines.

Hedge Funds in Your 401(k): Do They Fit?
Many asset managers argue that nontraditional investments belong in your 401(k) or other retirement account. But with giant pension plans cutting their exposure to hedge funds, retirement investors should open their eyes before they open their wallets.

Why Your Cash Isn't Trash
Weekend Investor : Your cash might be earning more than you think—even as it loses value to inflation.

The Best Books for Investors
Summer may be winding down, but there's still time to sit back with a good financial read. We asked The Experts what book they would recommend to investors.

The Art and Science of Comparing Fund Returns
The Experts discuss what investors overlook the most when analyzing fund returns.

Toothless but Self-Aware
If you're planning to see "The Production Line of Happiness," the Christopher Williams retrospective now at the Museum of Modern Art, be prepared to be baffled and irritated.

How Should Capital Gains Be Taxed?
The Experts weigh in on whether it's fair that tax rates for capital gains and most stock dividends are lower than tax rates on earned income.

Who Are Your Investment Role Models?
We all have role models whose investing savvy and financial knowledge we admire—and even try to emulate. The Experts tell us theirs.

Your Options for Required IRA Distributions
The timing of your first withdrawal can have big tax consequences.

Keeping Your Portfolio on Track, for the Long Term
There are three question you should ask yourself, says Jonathan Clements.

D.R. Horton Attracts Some Bulls
Home builder's hard-hit stock is now in bargain territory.

Calling a Market Peak Is Only Half the Battle
Hulbert on Investing: Investors who side-step a bear market often blow the timing of getting back into stocks.

Taking Stock of Automated Financial Advisers
These online services use computer programs to manage portfolios—and charge far less than traditional brokerages. Should investors bite?

Stock Bargains, Off the Beaten Path
Wealth Effect: Many assets are pricey, but some pros say stocks in countries, including Russia, Japan and Peru, are worth a look.

Safety and Risk in Ultrashort Bond Funds
These funds are far less volatile than long-term bonds, but investors can still suffer losses.

Can Third Avenue Value Fund Soar Again?
The Third Avenue Value fund hasn't flown as high in recent years as it did under Marty Whitman, but new portfolio manager Chip Rewey hopes to change that.

These ETFs Track 'Quality' Stock Indexes
A raft of ETFs have sprung up to track indexes that measure the quality of stocks with metrics like dividends, return on equity and cash flow.

Men Had Their Chance; Now, There Are 'Women Funds'
Backed by studies that say female-led companies perform better, new funds are snubbing male-dominated companies and betting on women.

Why Investment Time Horizon Matters
In Translation: When it comes to investing, you can't ignore the clock.

Time to Invest in Emerging-Markets Stocks?
Some analysts and fund managers think this is a good time to invest in emerging-markets stock mutual funds or ETFs, despite the sector's recent rally. But if you do, hold on to your hat.

What About the Bonds?
Fund Fiend: As the likelihood of rate increases nears, portfolio managers are concerned about a lack of liquidity in bond markets and what that will mean for prices.

The Fault in Our Private-Equity Stars
A new study finds that the skills of some private-equity fund managers can be worth several percentage points of annual returns. But finding the best managers is more complicated than checking past performance.

Robot Advice for ETFs
Several online brokers now offer free tools that make it easier for investors to build and manage an ETF portfolio. See what differences we found when we tested them out.

When Stocks and Bonds Yield Nothing
Jonathan Clements explains how to make your money work harder.

Can You Afford Early Retirement?
The five-year rally in stocks has bolstered workers' nest eggs. But consider these six issues first.

Strategies to Profit From Corporate Spinoffs
The big Synchrony IPO calls attention to different ways to invest in such deals.

Three Signs That Point to a Stock-Market Tumble
Hulbert on Investing: Three indicators that preceded past downturns are flashing now.

How an 'Inversion' Could Raise Your Taxes
Tax Report: Shareholders in U.S. companies involved in inversion deals are likely to owe capital-gains tax.

Three Ways to Play 'Inversion' Boom
Investors can choose mutual funds or individual stocks to try to benefit from these tax-driven corporate deals.

Nine Reasons to Love Your Mortgage
It's a big debt, but there's an upside to it, writes Jonathan Clements.

Books That Can Boost Your Portfolio
Brett Arends suggests some business classics that every serious investor should read.

The IRS Rules on Deducting Capital Losses
You can't always use losses to offset capital gains.

Some See Upside for Halliburton
For better or worse, the company is in fracking.

Check Brokerage Statements For Fraudsters' Fingerprints
The risk of cybertheft is another reason to look closely at monthly mailings and online accounts.

The Right Way to Invest Globally
U.S. investors have ramped up their holdings of foreign stocks. Yet many still don't own enough—or go about it the wrong way.

Test Your Prediction Skills
Crystal Ball: What's ahead for Herbalife shares?

A Hot Employer Stock Can Burn You
Wealth Effect: Today's young tech tycoons should heed the meltdown of one-time highfliers such as Pets.com and Webvan.

Dow Jones Newswires Codes - Subject Codes

The Leeway in Required IRA Withdrawals
You can withdraw the total required amount from any one, or a combination, of IRA accounts.

Can You Really Afford a New Child?
Many parents fail to plan fully for the financial impact of a newborn.

Now on Sale: Six Promising Retail Stocks
They've been beaten down, but stand to come back, Barron's says.

Short on Retirement Savings?
One plan of action: Work until you're 70 to maximize your Social Security payout, writes Jonathan Clements.

Farmland or Timberland for Your Portfolio?
Interest from high-net-worth investors has grown, as people seek income and inflation protection.

When to Leave Lagging Fund or Adviser
Hulbert on Investing: Don't move too fast: Even long-term stars have periods of subpar performance.

3 Reasons It's a Good Time for Investors
Growing choices, falling fees and lower tax rates have opened up opportunities that didn't exist decades ago. Here's how to take advantage of the changes.

Weigh Investing Risk Now, Before Markets Sag
Five years into a bull market for stocks, retirement savers should confirm they have an asset mix they could hold comfortably even in a downturn.

How Realogy Shares Could Soar 25%
The company has strong brands, healthy cash flow and an improving balance sheet.

Common Core Becomes Touchy Subject for Governors
A governors group that helped create the Common Core education standards didn't plan an official discussion on the controversial subject at its summer meeting, a sign of how the bipartisan idea has become a political minefield.

www.snpcpa.com Blue Square www.snpitg.com
e-mail:yoursolution@snpcpa.com 210 Marcus Boulevard, Hauppauge, NY 11788 · Tel:(631) 273-4778 · Fax:(631) 273-3488
39 Broadway, Suite 2250, New York, NY 10006-3003 · Tel:(212) 422-4045