Archive for November 2014
Tax Tips for Individuals Selling Their Home
If you sell your home and make a profit, do you know that the gain may not be taxable? That’s just one key tax rule that you should know. Here…
Read MoreTen Facts About Capital Gains and Losses
When you sell a ‘capital asset,’ the sale usually results in a capital gain or loss. A ‘capital asset’ includes most property you own and use for personal or investment…
Read MoreThree Most Common Budgeting Errors
When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible. Here are three budget-related errors commonly made by small businesses, and some tips…
Read MoreTips for Taxpayers with Foreign Income
If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes…
Read MoreCover & Rossiter Sponsors the DSCC Superstars in Business Luncheon
Cover & Rossiter is a proud sponsor of this year’s Delaware State Chamber of Commerce Superstars in Business Luncheon. The event will celebrate the 16th Annual Marvin S. Gilman Superstars in Business…
Read MoreWarning to Taxpayers: IRS Scam Phone Calls Continue
In the last few days there has been an aggressive IRS telephone scam which has been sweeping across the country. The phone scam is performed by people posing as tax…
Read MoreSupporting Organizations Under 509(a)(3) – Pay Attention!
Do you remember what you were doing in 2006? We have staff accountants here who were just starting high school, few people had heard of Bernie Madoff and there were…
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