Catanese Group

07/10/2026

Time for Fast Fact Friday!

👶 New Parent? Or Planning to Be? Your Child May Qualify for a New Investment Account.

Children born between January 1, 2025, and December 31, 2028, may be eligible for a new Trump Account created under federal law. Eligible children receive a $1,000 government-funded investment contribution to help them begin building long-term savings.

The online enrollment and account activation process officially launched on July 4, 2026, making it easier for eligible families to get started. The application process is on https://trumpaccounts.gov/.

Here's what to know:

✔️ Eligible children receive a one-time $1,000 contribution.
✔️ Parents, family members, and others may make additional annual contributions (subject to IRS limits).
✔️ The account is designed to encourage long-term investing for a child's future.
✔️ Parents must complete the required enrollment process for eligible children.

If you've welcomed a new child in the past two years—or are expecting one soon—it may be worth exploring whether your family qualifies.

Questions about how this fits into your family's financial plan? We're happy to help.

07/04/2026

We want to wish all of our friends a very fun, happy, and safe Fourth of July weekend! Stay cool out there! 😎🇺🇸

06/26/2026

Today's Friday Fast Fact is all about beneficiary designations. When was the last time you reviewed yours?

Many people don't realize that retirement accounts, life insurance policies, and some investment accounts pass directly to the named beneficiary—even if your will says otherwise.

Take a few minutes to make sure your beneficiaries are still up to date, especially after major life events like:

✔️ Marriage or divorce
✔️ The birth of a child or grandchild
✔️ The death of a loved one
✔️ Retirement

It's a simple review that can make a big difference for your family's future.

Need help making sure your financial plan is up to date? We're here to help.

06/19/2026

We would like to congratulate Staff Accountant Tyler Mosholder on passing the CPA exam! This is a huge achievement and we are all proud of you!

06/12/2026

Time for today's Friday Fast Fact!

Everyone knows about the April 15th tax deadline, but did you know that there are other important tax deadlines throughout the year?

For many self-employed individuals, freelancers, investors, and business owners, June 15th is an important estimated tax deadline.

Why are estimated payments important? They can:

- Help avoid IRS penalties and interest
- Spread your tax payments throughout the year
- Prevent a large tax bill next April
- Keep your cash flow more predictable
- Ensure you're staying compliant with tax requirements

If your income isn't subject to regular paycheck withholding, estimated payments may be required. Not sure if you should be making estimates? Reach out and we can help!

06/10/2026

We had a blast at our annual Johnstown Mill Rats game, enjoying box seats and a visit from some of the players! We had a bit of rain, but got a lovely rainbow to show for it.

05/11/2026

It was a cool windy day to play golf at the Cambria Regional Chamber Golf Classic, but our crew still had a great time!

05/08/2026

📅 Tax season is over—now’s a great time to plan ahead!

A conversation with your CPA can help you stay organized and prepared for the rest of the year.

Here are a few topics worth discussing:

✔️ Business growth goals
✔️ Cash flow and budgeting
✔️ Retirement and long-term planning
✔️ Major purchases or investments
✔️ Estate and succession planning

Your CPA can be more than a tax preparer—they can be a year-round advisor.

Need help planning your next steps? We’re here to help.

Call now to connect with business.

04/10/2026

Be on the lookout for IRS scams—know the red flags!

Scammers often pretend to be the Internal Revenue Service, but here’s what the IRS WON'T do:

❌ Call or text you demanding immediate payment
❌ Email you asking for personal or financial info
❌ Threaten arrest or legal action over the phone
❌ Ask for payment via gift cards, crypto, or wire transfer

The IRS typically contacts taxpayers by mail first.

If something feels off, it probably is. When in doubt, don’t respond—reach out to your CPA for further advice.

04/03/2026

Friday Fast Fact: Did you know you can do more than check your refund status online?

An online account with the Internal Revenue Service on IRS.gov gives you easy access to important tax info—all in one place. With an account, you can:

✔️ View your balance and payment history
✔️ Make or schedule payments
✔️ Access tax records and transcripts
✔️ Track notices from the IRS
✔️ Manage payment plans

It’s a simple way to stay organized and in control of your taxes.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.