1 [WEINICK, SANDERS & CO. LLP LETTERHEAD] July 3, 1996 Board of Directors Gilman + Ciocia, Inc. 475 Northern Boulevard Great Neck, New York 11021 Ladies and Gentlemen: We have read the disclosure set forth under Item 4 in the Current Report on Form 8-K dated June 25, 1996 of Gilman + Ciocia, Inc. under the Securities Act of 1934, as amended, and we agree with the statements made therein in respect of this firm as the former principal independent accountants of Gilman + Ciocia, Inc. Very truly yours, /s/ Weinick, Sanders & Co. LLP WEINICK, SANDERS & CO. LLP