CYA on Your CWA’s

By: Pete Kennedy, CPA, Director It honestly hurts to read this recent decision from Tax Court. The above link is to the case summary which is not long but I’ll further summarize it very briefly;…

IRS Increases Mileage Rate for Remainder of 2022

IR-2022-124, June 9, 2022 WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates…

Cover & Rossiter Announces Recent Hires

Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is excited to welcome five new members. Margaret Mendoza joined the Cover & Rossiter team in August 2021 as…

Cover & Rossiter Announces Recent Promotions

Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is pleased to announce the following promotions. Peter Hopkins has been promoted to Principal in the Tax Department. Hopkins…

Cover & Rossiter Leader Elected to Delaware Community Foundation Board

Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is pleased to announce that Pete Kennedy has been invited to join the board of the Delaware Community Foundation…

Delaware State Chamber of Commerce Announces Marie Holliday as Vice-Chair and Treasurer

It is with great honor that Cover & Rossiter’s Managing Director, Marie Holliday, has accepted the responsibilities of being the vice chair and treasurer of the Delaware State Chamber of Commerce Board of Governors. In…

Accounting Standards for Nonprofit Organizations

By: Vickie Young Beam, CPA, Principal Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage proper use of funds, accounting standards are in…

Save Time, Money and Aggravation at Tax Time

By: Jennifer Pacilli, CPA, Director The role of a certified public accountant has changed quite a bit from when I first entered the profession. Today’s CPAs are advisors who assist clients with navigating through constantly-changing…

Is Your Business Ready to Outsource Accounting?

Accurate and timely accounting is critical for any business’ survival. At the same time, it’s important for entrepreneurs to pour their energy into core business activities and not waste time on day-to-day bookkeeping. Unfortunately, the…

5 Tips for Job Seekers Over 50

You’ve got loads of experience in your field. You know things that only time can teach you. However, all of your experience and knowledge can sometimes work against you. And even though age discrimination is illegal,…

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