Cover & Rossiter Announces Promotion of Andy Johnson

Posts Tagged ‘cover rossiter cpas’

Cover & Rossiter Announces Promotion of Andy Johnson

Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is pleased to announce the promotion of Andy Johnson, CPA to Principal in the Tax Department. Since joining Cover & Rossiter in September 2008, Johnson has excelled on even the most complicated engagements because of his keen attention to…

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Staff Promotions

We are excited to announce the following team members were promoted to Senior Staff Accountant earlier this year: Tammy Holcombe joined Cover & Rossiter in December 2015 in the Audit department. She earned her Bachelor of Science and Master’s degrees in Accounting from Wilmington University. She is active in the Talleyville Fire Company Ladies Auxiliary.…

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Roseman Elected CSC Incorporated Toastmasters Club President

Cover & Rossiter’s Luci Roseman was recently elected President of her local Toastmasters International club, CSC Incorporators Toastmasters Club. Joining Toastmasters International as part of her professional development plan has added tremendous value to her career at Cover & Rossiter, where she is currently a supervisor in the tax department. “I’ve taken on more of…

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Cover & Rossiter Wins Coveted Marvin S. Gilman Superstars in Business Award

Cover & Rossiter is excited to announce they have won The Marvin S. Gilman Superstars in Business Award presented by the Delaware State Chamber of Commerce. The award honors businesses and nonprofit organizations for their achievements and model approaches to business and management. Cover & Rossiter was recognized in the 25-59 employee category. The firm has a strong…

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Take Retirement Plan Distributions by December 31

Taxpayers born before July 1, 1946, generally must receive payments from their individual retirement arrangements (IRAs) and workplace retirement plans by December 31. Known as required minimum distributions (RMDs), typically these distributions must be made by the end of the tax year, in this case, 2016. The required distribution rules apply to owners of traditional,…

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Reminder: College Tax Credits for 2016

With another school year in full swing, now is a good time for parents and students to see if they qualify for either of two college tax credits or other education-related tax benefits when they file their 2016 federal income tax returns next year. American Opportunity Tax Credit or Lifetime Learning Credit. In general, the American…

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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 difference between independent contractors and employees. Why It Matters The Internal Revenue Service and state regulators scrutinize the distinction between employees and independent contractors,…

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2016 Recap: Tax Provisions for Businesses

Whether you file as a corporation or sole proprietor, here’s what business owners need to know about tax changes for 2016. Standard Mileage Rates  The standard mileage rates in 2016 are as follows: 54 cents per business mile driven, 19 cents per mile driven for medical or moving purposes, and 14 cents per mile driven…

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2016 Tax Provisions for Individuals: A Review

Many of the tax changes affecting individuals and businesses for 2016, arose from the Protecting Americans from Tax Hikes Act of 2015 (PATH) which modified or made permanent numerous tax breaks (the so-called “tax extenders”). To complicate matters, some provisions were extended only through 2016, and are set to expire at the end of this…

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