Business Details
41 Years
experience
Your Trusted Partner for Tax and Financial Planning Solutions
Araneo Tax & Financial was founded on the principle that tax preparation and financial planning are inextricably linked. With decades of combined experience, our team of certified professionalsincluding CPAs, CFPs, and Enrolled Agentsspecializes in tailoring strategies to minimize tax liabilities while fostering long-term wealth accumulation. We prioritize personalized service, maintaining ongoing partnerships with families to address retirement, education funding, estate planning, and risk management.Our commitment to continuous education ensures clients benefit from the latest tax law updates. Recognizing the importance of collaboration, we advocate for integrated financial advice and tax planning to maximize client outcomes, serving communities in Howard Beach, Ozone Park, and beyond.
Services
Tax Planning
Financial Planning
Retirement Planning
Investment Consulting
Estate Planning
Life Insurance
College Planning
IRS Representation
Wealth Management
Social Security Planning
Details
- Year established: 1985
Highlights and features
- We offer over 25 years of combined experience in tax and financial planning.
- Our team includes certified professionals with CPA, CFP, and EA designations.
- We provide personalized financial strategies tailored to each family's unique needs.
- We focus on tax-efficient solutions to maximize long-term wealth accumulation.
- Our advisors hold industry-leading FINRA registrations and SIPC memberships.
Associations and certifications
- FINRA
- SIPC
Services
Tax Planning
Our tax planning services focus on minimizing current and future tax liabilities through strategic adjustments. We continuously monitor tax law changes to ensure compliance and optimize savings. Clients receive personalized strategies aligned with their financial goals, including IRS representation and year-round support.
Financial Planning
Comprehensive financial planning addresses retirement, education funding, and estate strategies. We collaborate with clients to create customized plans that grow wealth sustainably. Services integrate tax efficiency and risk management, supporting long-term financial security for families across multiple generations.
Retirement Planning
Retirement planning ensures clients maintain their lifestyle during retirement. We analyze income needs, recommend investment techniques, and build portfolios that adjust with inflation. Services include pension setup and strategies to fund retirement accounts like IRAs and Roth IRAs.
Investment Consulting
Investment consulting involves portfolio analysis to assess risk and returns. Advisors determine optimal asset allocations based on clients' goals, covering stocks, bonds, and REITs. We provide independent advice without affiliating with specific firms, prioritizing client interests.
Estate Planning
Estate planning secures financial legacies for future generations. While avoiding legal advice, we guide clients on tax-efficient methods to transfer wealth. Services include structuring trusts and life insurance policies to protect families from premature financial instability.
People
Joseph Araneo
CPA
Joseph Araneo, CPA, has over 30 years of experience in tax preparation and financial planning. He earned his CPA in 1985 and has served families in Howard Beach and surrounding areas since 1982.
Steve Araneo
CFP
Steve Araneo, CFP, specializes in tax and financial planning with over 25 years of experience. He holds a B.S. in Finance from Georgetown University and has led local Kiwanis Clubs.
Brian Gallagher
CFP, EA
Brian Gallagher, CFP and Enrolled Agent, focuses on retirement and tax planning. With 25+ years in finance, he combines accounting expertise from Queens College to build wealth for clients.
Bettina Johnson
Financial Advisor
Bettina Johnson advises on tax preparation and investments. A Pace University graduate since 2004, she specializes in Social Security planning and life insurance strategies.
Jackelyn Salgado
Tax Associate
Jackelyn Salgado, a tax and financial associate since 2021, earned her Master's in Accounting from St. John's University. She is preparing for the Series 7 exam and CFP designation.
Questions
What services do you offer?
We provide tax planning, financial planning, retirement strategies, investment consulting, estate solutions, and IRS representation.
Do you work with clients outside Howard Beach?
Yes, we serve families in Rockville Centre, Ozone Park, and surrounding areas, as well as remote clients.
What qualifications do your advisors have?
Our team includes CPAs, CFPs, and Enrolled Agents with decades of combined industry experience and FINRA/SIPC registrations.
How do you ensure tax-efficient planning?
We integrate tax considerations into all financial strategies, leveraging ongoing education and legal updates to optimize savings.
Can you help with retirement planning?
Yes, we analyze income needs, recommend investment techniques, and set up pension plans to secure retirement lifestyles.
What payment methods do you accept?
Credit card payments are available via Xpress-Pay, supporting Mastercard and Visa securely.