GilmanCioccia, which offers financial planning and tax services, plans a $900,000 debt offering. The information was contained in a filing with the SEC that was made earlier this month. As is typical of such filings, little additional information was given, except for the fact the money being raised is not intended for merger and acquisition activity.

In its most recently reported results, Gilman said it had $467,000 in net income for the first quarter ended March 31, down 38.1 percent from $755,000 in the corresponding quarter of 2010. Its revenue for the most recently ended period was $12.1 million, a drop of 6.4 percent from $12.8 million a year earlier. However, the company had a net loss of $1.7 million for the nine months and a working capital deficit of $7 million on March 31.