Monthly Archives: February 2016


forensic accounting melbourne, forensic accounting titusville, forensic accounting vero beachGavel Divorce Paper Decree Front

You’ve heard that song, it’s the most wonderful time of the year. They use it for Back to School time, it’s used for Christmas. In our case, this time of the year is often the most awful time of the year.

Couples who have been struggling for sometime in their marriage often stay together through the holidays, and then file for divorce at the beginning of the new year. On top of Tax Preparation time, it’s Forensic Accounting time!

Not everyone who needs forensic accounting needs it because one partner or the other has been dishonest. But that is the case more often than not. It is our job to pour through financial records and certify that both parties understand the financial standing of the other.

Sometimes the forensic accounting work is because another type of entity is breaking up. Partnerships, started with the best of intentions, may unravel and need to be dissolved. In that case, it is our job to move away from the emotions, and to turn a sharp eye on the books. To try to make a fair and equitable agreement for people who were once friends and partners.

All of this can be stressful, I admit. But feeling forever a victim of a partner who may have either been inept, or dishonest, that is worse.

Before you make any moves in the direction of divorce or dissolving a partnership. please consult with an attorney, and call an accountant. Sometimes things are not as bad as they seem, and if we are called in early, we can help keep things going. And sometimes, we can’t. At least once we are done, everyone will know where the money went.

Pete DiSalvo


Melbourne - Titusville - VeroBeach - Certified Public Accountant

Book Keeping

forensic accounting, book keeping, tax preparation

It’s here again. Tax time. At DiSalvo and Company, PA, we are always grateful to our clients who take bookkeeping seriously. Those are the clients who’s tax returns are much easier to prepare. Everything is in the books. Expenses, properly categorized, income, also properly categorized. All in one place.

Not all of our clients take the time to do their own bookkeeping,or spend the money for a bookkeeping service, and that is a shame. Because in the long run, if you take the time to properly do the books, when you want to see what your financial picture is, it can be done with a keystroke. When its tax time, you won’t need to spend a whole week preparing for your appointment with us.

Managing cash flow is difficult when your invoices are not promptly sent out each month . So rather than doing them by hand, you might want to set up a bookkeeping software program. That way you only have to enter the specific charges for a regular client. If you have a new client, you enter their information one time, and then next time you need to invoice them, you just type in their name and the invoice will populate for you.

If you need a loan for your business, all the data is there, just print out a profit and loss and you could be ready to go. When you are trying to build a new business plan for the year, you can see where your money went over the past year. Advertising? Promotions? Website? All of those expenses are there.

At DiSalvo and Company, we use Quickbooks. Our staff can train you or your staff on how to use Quickbooks, and make your business life less stressful.