Current News
Tax Implications of Retiring Overseas
Are you approaching retirement age and wondering where you can retire to make your nest egg last longer? Retiring abroad may be the answer. But first, it’s important to consider…
Read MoreCYA 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…
Read MoreIRS 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…
Read MoreCover & 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…
Read MoreCover & 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…
Read MoreCover & 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…
Read MoreDelaware 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…
Read MoreMarie Holliday Recognized as Board Member of the Year
We are pleased to announce that Marie Holliday, Managing Director at Cover & Rossiter, has been recognized by the Delaware State Chamber of Commerce as Board Member of the Year.…
Read MoreImportant Information Related to Stimulus Payments
By: Luci Roseman, CPA, Manager In Late December congress passed a $900B pandemic relief package that established a $600 direct stimulus payment to most Americans under certain income limits. Generally,…
Read MoreIt’s National Tax Security Awareness Week – Tips to Stay Safe
On this Cyber Monday, as the IRS celebrates the 5th annual National Tax Security Awareness week, here are a few basic steps everyone should remember during the holidays and as…
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