Archive
Employee or Independent Contractor – Which Is It?
If you hire someone for a long-term, full-time project or a series of projects that are likely to last for an extended period, you must pay special attention to the…
Read More2015 Tax Provisions for Businesses: A Review
Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes for 2015. Standard Mileage Rates The standard mileage rates in 2015…
Read More2015 Tax Provisions for Individuals: A Review
From tax credits and educational expenses to the AMT, many of the tax changes affecting individuals for 2015 were related to the signing of the American Taxpayer Relief Act (ATRA)…
Read MoreTime to Check Withholding
Income tax is often withheld from wages and other types of income such as pensions, bonuses, commissions and gambling winnings. Ideally, taxpayers should try to match their withholding with their…
Read MoreIndividual Shared Responsibility Provision
The Affordable Care Act includes the individual shared responsibility provision that requires you, your spouse, and your dependents to have qualifying health insurance for the entire year, report a health…
Read MoreWhat Employers Need to Know About the ACA
The healthcare law contains tax provisions that affect employers. The size and structure of a workforce–small or large–helps determine which parts of the law apply to which employers. Calculating the…
Read MoreCover & Rossiter Proudly Sponsors DSCC Annual Superstars in Business Awards Luncheon
Cover & Rossiter is a proud gold sponsor of the Delaware State Chamber of Commerce’s (DSCC) 17th Annual Marvin S. Gilman Superstars in Business Awards Luncheon. The event’s keynote speaker is…
Read MoreYear-End Tax Planning for Businesses
While the fate of several business-related tax extenders such as Research & Development tax credits, bonus depreciation, and Section 179 expensing that expired at the end of 2014 is uncertain,…
Read MoreCover & 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…
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