How Long Should You Keep Tax Records?
Retention Guidelines for Your Important Documents As we approach the final weeks of the 2023 tax filing season, most people want to put the ordeal behind them. But before banishing the experience from memory, there…
Delaware EARNS Program Kicks Off July 1st – Here’s What You Need to Know
June 19, 2024 — Delaware EARNS is a retirement savings program sponsored by the Office of the State Treasurer. In Delaware, nearly 150,000 workers lack a way to save for retirement through their workplace. EARNS…
Cover & Rossiter Employee Announcements
It’s been a busy Spring with new employees joining Cover & Rossiter and team members celebrating milestone achievements! May 22, 2024 — Let’s welcome our newest team members to the Client Accounting & Advisory Services…
Tax Tips for Students Working Summer Jobs
May 20, 2024 — During the summer many students focus on making money from a summer job. They may want to gain work experience, earn some spending money or help pay for college. Here are…
Cover & Rossiter Mourns the Passing of Elisabeth “Beth” Edwards
May 15, 2024 — It is with profound sadness that we announce the passing of our colleague, Elisabeth “Beth” Edwards, on May 12. Beth was with Cover & Rossiter for 22 years. She was a…
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 and worked at the firm…
Get to Know Cover & Rossiter’s Newest Team Members
Mar 8, 2024 — 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 Marquise Hatcher, Staff…
Take Action Now to Reduce Your 2024 Tax Liability
Tax Tips From Cover & Rossiter March 6, 2024 — 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 filed,…
Update on the Employee Retention Credit (ERC)
Key observations and the IRS Voluntary Disclosure Program to return incorrect payments By Pete Kennedy, CPA, Director Background Feb 23, 2024 — The Employee Retention Credit (ERC) – sometimes called the Employee Retention Tax Credit…
Corporate 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 two plaintiffs who challenged the…