News & Resources

Year-End Tax Planning for Businesses

December 1, 2018

There are a number of end of year tax planning strategies that businesses can use to reduce their tax burden for 2018. Here are a few of them: Deferring Income Businesses using the cash method of accounting can defer income into 2019, by delaying end-of-year invoices, so payment is not received until 2019. Businesses using…

Year-End Tax Planning for Individuals

December 1, 2018

Once again, tax planning for the year ahead presents a number of challenges this year, primarily due to the passage of the law known as the Tax Cuts and Jobs Act of 2017 (TCJA). Changes include the nearly doubling of the standard deduction, elimination of personal exemptions and the reduction or elimination of numerous itemized…

Cover & Rossiter Welcomes Recent New Hires

November 28, 2018

We are pleased to welcome Rachael Hanak, Rita Grant, and Rosellen Gemino to Cover & Rossiter. Hanak joined the tax department in July as a staff accountant. She graduated last May from Widener University with a Bachelor’s of Science in Accounting and a minor in Tax. She was an active member in the Honors Program…

Cover & Rossiter Announces Promotion of Andy Johnson

November 12, 2018

Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is pleased to announce the promotion of Andy Johnson, CPA to Principal in the Tax Department. Since joining Cover & Rossiter in September 2008, Johnson has excelled on even the most complicated engagements because of his keen attention to…

Staff Promotions

November 8, 2018

We are excited to announce the following team members were promoted to Senior Staff Accountant earlier this year: Tammy Holcombe joined Cover & Rossiter in December 2015 in the Audit department. She earned her Bachelor of Science and Master’s degrees in Accounting from Wilmington University. She is active in the Talleyville Fire Company Ladies Auxiliary.…

Roseman Elected CSC Incorporated Toastmasters Club President

November 1, 2018

Cover & Rossiter’s Luci Roseman was recently elected President of her local Toastmasters International club, CSC Incorporators Toastmasters Club. Joining Toastmasters International as part of her professional development plan has added tremendous value to her career at Cover & Rossiter, where she is currently a supervisor in the tax department. “I’ve taken on more of…

Cover & Rossiter Wins Coveted Marvin S. Gilman Superstars in Business Award

October 30, 2018

Cover & Rossiter is excited to announce they have won The Marvin S. Gilman Superstars in Business Award presented by the Delaware State Chamber of Commerce. The award honors businesses and nonprofit organizations for their achievements and model approaches to business and management. Cover & Rossiter was recognized in the 25-59 employee category. The firm has a strong…

Creating a Future-Ready Firm

October 24, 2018

Cover & Rossiter’s new office was featured in a Case Study for HON furniture. Click on this link to read all about it!  

Seasonal Employees and Taxes

July 18, 2018

Many businesses hire part-time or full-time workers, especially in the summer. These types of employees are referred to as seasonal workers, which the IRS defines as an employee who performs labor or services on a seasonal basis (i.e. six months or less). Examples of this kind of work include retail work exclusively during holiday seasons,…

Saving for Education: 529 Plans

July 11, 2018

Many parents are looking for ways to save for their child’s education, and a 529 Plan is an excellent way to do so. Even better is that thanks to the passage of tax reform legislation in 2017, 529 plans are now available to parents wishing to save for their child’s K-12 education as well as…

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