Nonprofit
Preserve Charitable Deduction for Health of Delaware Nonprofit Sector
By: Pete Kennedy Let’s all first acknowledge that there are no easy ways to solve a $400+ million budget hole. I think no one envies the General Assembly and their task…
Read MoreSeeking Job Security? Look to Nonprofit Careers
Written by Peter Kennedy, Director, for The Delaware Business Times When Danny Noonan bemoaned his prospects for affording college to Judge Smails, the classic response was “Well, the world needs…
Read MoreEmployee 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 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 MoreGood Records Key to Claiming Gifts to Charity
Keeping good records is key to qualifying for the full charitable contribution deduction allowed by law. In particular, this includes ensuring that they have received required statements for two contribution…
Read MoreFive Last Minute Tax Tips for 2015
Are you one of the millions of Americans who hasn’t filed (or even started) your taxes yet? With the April 15 tax filing deadline almost a week away, here is some…
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 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…
Read MoreHobby or Business? Why It Matters
Millions of Americans have hobbies such as sewing, woodworking, fishing, gardening, stamp and coin collecting, but when that hobby starts to turn a profit, it might just be considered a…
Read MoreReduce Your Taxes with Miscellaneous Taxes
If you itemize deductions on your tax return, you may be able to deduct certain miscellaneous expenses, which might reduce your federal income tax. Examples include employee expenses and fees…
Read More