Posts Tagged ‘Delaware CPA firm’
Cover & Rossiter Mourns the Loss of Paul Rossiter
One of Cover & Rossiter’s former partners, Paul Rossiter, passed away last week, a few days before his 92nd birthday. Paul was admitted as a partner of C&R in 1965…
Read MoreGet to Know Cover & Rossiter’s Newest Team Members
We are pleased to welcome our newest employees to Cover & Rossiter! Let’s find out a little about them… Ritika Bothra, Senior Accountant, Audit Department ============================================== Chassity Gray, Controller ==============================================…
Read MoreTake Action Now to Reduce Your 2024 Tax Liability
Tax Tips From Cover & Rossiter We are getting into the busy part of the 1040 tax filing season and even though you’re focused on getting your 2023 tax return…
Read MoreCorporate Transparency Act – Beneficial Ownership Reporting Requirements
Important information related to new beneficial ownership reporting requirements. NOTE: In March 2024, a district court in Alabama issued a final judgement enjoining enforcement of the Corporate Transparency Act against…
Read MoreStrategies to Help You Save Money and Reduce Taxes
By: Jennifer Pacilli, CPA, Director **Note: We’ve updated all financial references to tax years 2023 and 2024** The role of a certified public accountant has changed quite a bit from…
Read MoreRMD 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.…
Read MoreAttention Business Owners and Nonprofits – Important Change to Filing 2023 Forms 1099
If you are a business owner or nonprofit organization that paper-files 1099s, you need to read this! On February 21, 2023, pursuant to the Taxpayer First Act, the Department of…
Read MoreEstate Taxes vs. Inheritance Taxes: Understanding the Differences
Estate and inheritance (“death”) taxes are levied on the transfer of property at death. The difference between an estate tax and an inheritance tax is based on who pays the…
Read More7 Steps to Start a Business
The idea of starting your own business is inherently romantic, if not exhilarating: You get to run the show, flesh out your ideas and live your dream. But where do…
Read MoreTake Action Now to Reduce Your 2023 Tax Liability
UPDATE: See our latest blog post “Take Action Now to Reduce Your 2024 Tax Liability” for the latest strategies on reducing your tax liability. The end of the year is…
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