Tax Planning
Tax Implications of Charitable Planning/Giving Strategies – Update for 2022/2023
By: Marie Holliday, CPA, MBA, Managing Director In late 2021, I presented “Tax Implications of Charitable Planning/Giving Strategies” to a DTCC virtual audience. The program gave an overview of changes…
Read MoreChanges That May Affect Your 2022 Tax Return
When it comes to taxes, one might call 2022 the year of the great reset. That’s because a lot of things that were put into place for 2021 will revert…
Read MoreStrategies to help you save time, money and aggravation at tax time. [Updated Dec 2022]
By: Jennifer Pacilli, CPA, Director **Note: We’ve updated all financial references to tax years 2022 and 2023. The role of a certified public accountant has changed quite a bit from…
Read MoreSchool Property Tax Relief For Seniors
The State of Delaware currently offers homeowners ages 65 and over a tax credit against their school property taxes of 50% (up to $500). The Senior School Property Tax Credit…
Read MoreSeasonal Employees and Taxes
Many businesses hire part-time or full-time workers, especially in the summer. These types of employees are referred to as seasonal workers, which the IRS defines as an employee who performs…
Read MoreSave Time, Money and Aggravation at Tax Time
By: Jennifer Pacilli, CPA, Director The role of a certified public accountant has changed quite a bit from when I first entered the profession. Today’s CPAs are advisors who assist…
Read MoreStrategies for Paying Off Student Loans
Today, 70 percent of college students graduate with an average of $30,000 in student loan debt. The average payment is nearly $400 a month and will take about 20 years…
Read MoreTax Implications of Charitable Planning/Giving Strategies
By: Marie Holliday, CPA, MBA, Managing Director On October 28, 2021, Managing Director Marie Holliday, presented a webinar on Tax Implications of Charitable Planning / Giving Strategies for Delaware Technical…
Read MoreHow to Turn a Summer Job into a Tax-Free Retirement Nest Egg and More
‘Tis the season for summer jobs for high school and college kids. These seasonal jobs are more than just an opportunity for teens and college students to earn some money…
Read MoreImportant Changes to the Child Tax Credit
[Notice: The information in this blogpost is in reference to the 2021 tax year only.] UPDATE 8/11/21: The IRS recently posted “Common questions about the advance child tax credit payments.…
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