Expert Financial Solutions
Your Trusted Partner in CPA Services
Navigate the complexities of financial management with confidence. Our expert team is dedicated to providing comprehensive CPA services tailored to your needs.
About Torrillo & Associates
Our Professional Services
Employee Benefit Plan Audits
401(k) and 403(b) Audits
Tax Planning and Preparation
Financial Consulting
Business Advisory Services
Personal Accounting Solutions
Compliance and Regulatory Guidance
Audit Readiness Assessments
Internal Control Evaluations
Risk Management Strategies
Financial Statement Preparation
Forensic Accounting Services
Mergers and Acquisitions Advisory
Estate and Trust Planning
Succession Planning
What Our Clients Say
“Torrillo & Associates provided exceptional service during our 401(k) audit. Their attention to detail and expertise ensured a smooth process. We highly recommend their services!”
John Doe, CFO of Tech Innovations Inc.
“The team at Torrillo & Associates made our benefit plan audit stress-free. Their professionalism and knowledge were evident from start to finish.”
Jane Smith, HR Director at Green Solutions LLC
Insights & Updates from Torrillo & Associates
DOL Files Amicus Brief Supporting Use of Forfeitures to Reduce Employer Contributions
The Department of Labor (“DOL”) has recently filed an amicus brief in the case of Paul Hutchins, plaintiff, versus HP, Inc., defendant, in support of the defendant's use of forfeitures. (Hutchins vs HP Amicus-Brief) The case claims that the defendant improperly used...
US Department of Labor Rescinds 2022 Guidance on Cryptocurrency in 401(k) Plans
In Compliance Assistance Release No. 2025-01, the U.S. Department of Labor’s Employee Benefits Security Administration has rescinded a 2022 compliance release that previously discouraged fiduciaries from including cryptocurrency options in 401(k) retirement plans. On...
DOL Issues Guidance on Missing Participants and Transfers to State Unclaimed Property Funds
Field Assistance Bulletin No. 2025-01, Missing Participants and Beneficiaries - Pension Plans' Transfer of Small Retirement Benefit Payments to State Unclaimed Property Fund, announces a temporary enforcement policy applicable to small retirement benefit payments owed...
DOL Updates the Voluntary Fiduciary Correction Program
Following up on proposed changes, the DOL has updated its Voluntary Fiduciary Correction Program (VFCP). The changes under the program now allow employers and plan officials to self-correct certain transactions without submitting a VFCP application. Additionally,...
Proposed Regulations on New Automatic Enrollment Requirement
The Department of the Treasury and the Internal Revenue Service recently issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401(k) and 403(b) plans to automatically enroll eligible...
Proposed Regulations on New Roth Catch-Up Rule, other SECURE 2.0 Act Provisions
The Department of the Treasury and the Internal Revenue Service issued on January 10, 2025 proposed regulations addressing several SECURE 2.0 Act provisions relating to catch-up contributions, which are additional contributions under a 401(k) or similar workplace...
Meet Our Expert Team
Our team of seasoned professionals is dedicated to providing top-notch accounting and auditing services. With a wealth of experience and a commitment to excellence, we ensure your financial needs are met with precision and care.
Michael Torrillo
Managing Partner, CPA
Sarah Johnson
Senior Audit Manager, CPA
David Lee
Tax Consultant, CPA
Emily Brown
Business Advisory Specialist, CPA
Phone
Address
5678 Financial Way, Suite 200, Philadelphia, PA 19103
Schedule Your Free Consultation Today
Unlock the full potential of your financial strategies with our expert CPA services. Whether you need assistance with tax planning or benefit plan audits, our team is here to help. Contact us now to schedule a consultation and take the first step towards financial clarity and compliance.