Archive for October 2015
Cover & Rossiter Employees Put Teamwork to the Test During Company Fun Day
Every year, after all of the tax deadlines have come and gone, the Cover & Rossiter team likes to get out of the office, loosen up and unwind with a…
Read MoreHold On to Your Tax Returns
You should always keep a copy of your tax return for your records. You may need copies of your filed tax returns for many reasons. For example, they can help…
Read MoreEric Williams Named a Top 10 Public Accounting Professional Rising Star in Delaware
Eric Williams, CPA, ACI, the Principal in Charge of the Captive Audit Group in Cover & Rossiter’s Audit department was recently named a Top 10 Public Accounting Professional Rising Star in Delaware by the…
Read MoreTax Tips for Divorced or Separated Individuals
Income tax may be the last thing on your mind after a divorce or separation, but these events can have an impact on your taxes. Alimony and a name change…
Read MoreLending Money? Make It a Tax-Smart Loan
Lending money to a cash-strapped friend or family member is a noble and generous offer that just might make a difference. But before you hand over the cash, you need…
Read MoreIs Canceled Debt Taxable?
Generally, debt that is forgiven or canceled by a lender is considered taxable income by the IRS and must be included as income on your tax return. Examples include a…
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