1 [BDO Seidman, LLP Letterhead] November 24, 1997 Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549 Gentlemen: We have been furnished with a copy of the response to Item 4 of Amendment to Form 8-K for the change in accountants, to be filed by our former client, Gilman & Ciocia, Inc. We agree with the statements made in response to that Item insofar as they relate to our Firm, except as it relates that the following: We are not aware of any matters that were discussed at the company's audit committee meetings, referred to in the Form 8-K. Very truly yours, /s/ BDO SEIDMAN, LLP ---------------------- BDO Seidman, LLP