<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000914142 <NAME> Gilman + Ciocia, Inc. <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> Year <FISCAL-YEAR-END> Jun-30-2000 <PERIOD-START> Jul-1-1999 <PERIOD-END> Jun-30-2000 <EXCHANGE-RATE> 1 <CASH> 4,561,293 <SECURITIES> 73,044 <RECEIVABLES> 6,542,615 <ALLOWANCES> 187,500 <INVENTORY> 0 <CURRENT-ASSETS> 000,016,734,425 <PP&E> 7,821,382 <DEPRECIATION> 3,397,927 <TOTAL-ASSETS> 43,905,178 <CURRENT-LIABILITIES> 18,345,861 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 80,308 <OTHER-SE> 24,632,533 <TOTAL-LIABILITY-AND-EQUITY> 43,905,178 <SALES> 89,578,494 <TOTAL-REVENUES> 89,578,494 <CGS> 0 <TOTAL-COSTS> 96,366,820 <OTHER-EXPENSES> (1,558,369) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 930,135 <INCOME-PRETAX> (6,160,092) <INCOME-TAX> (2,147,000) <INCOME-CONTINUING> (4,013,092) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,013,092) <EPS-BASIC> (0.53) <EPS-DILUTED> (0.53)