Posts Tagged ‘Delaware CPAs’

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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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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Meet the Firm Night: 11/19

Cover & Rossiter would like to welcome you to our Meet the Firm Night Tuesday, November 19, 2013 5:00-6:00pm Cover & Rossiter’s Wilmington Office 62 Rockford Road, Suite 200 Wilmington, DE 19806 [directions] (Light refreshments will be provided)   Topics include: Firm Introduction Affordable Health Care Recent tax code changes   Please RSVP to Lindsay Wheeler at LWheeler@CoverRossiter.com or…

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Looking to Better Manage Your Cash Flow, Payables & Receivables?

What if you could eliminate writing and mailing checks, bill payment errors, late payments and check fraud? What if you could do it all online, anytime, anywhere? Cover & Rossiter has a new tool available that can help you better manage your cash flow, accounts payables and accounts receivables. As your accounting firm and trusted…

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Introducing A New Bill Payment System

We’ve recently implemented an advanced bill payment system to make every step of your bill paying process much simpler and far less time-consuming. We have been working to provide technical solutions to reduce your administrative time. We want to you to have the ability to focus on higher valued services rather than administrative tasks. Some…

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How to Survive ObamaCare – Take Two Aspirin and Keep Reading

By Pete Kennedy, CPA, CVA – Director at Cover & Rossiter, P.A. “GetInvolved Nonprofit Guide” Article for March 2013 from Cover & Rossiter, P.A. “GetInvolved Nonprofit Guide” is changing from a bi-monthly schedule to a quarterly schedule. You can find the published version of Kennedy’s article on April 25th.  Ever since the Patient Protection and…

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Cover & Rossiter Recognized As "Business of the Year"

On January 18, 2013 at the Middletown Area Chamber of Commerce (MACC) Annual Dinner, Cover & Rossiter was recognized with the Business of the Year award. Nominations for this honor are collected from the membership as well as the community and then voted on by a selection committee. The award recipients are not revealed until…

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