RMD Relief and Guidance for 2023

In early 2022, the IRS issued proposed regulations regarding required minimum distributions (RMDs) to reflect changes made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.…

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Accounting Firms in Delaware Tackle a Hiring Crisis

“I was thinking to myself, ‘It’s a nerdy pocket protector kind of person,'” said Marie Holliday, managing director of Cover & Rossiter. Now that she’s tried it, she says, “I really think accounting is cool…I’ve made a great career out of it.”

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ERC – Too Good to be True?

The Employee Retention Credit is a legitimate program, but failure to apply the actual rules of the credit to applicants and their specific situation will result in inflated credit amounts which will, in all likelihood, need to be repaid.

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School 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…

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Happy New Year!

Throughout the year we do a lot of counting… including this holiday season when we count our blessings. Wishing you a Happy, Healthy, and Prosperous New Year!

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