Posts by zestsms
The Tax Cuts & Jobs Act is Passed – How Will These Changes Affect You?
In our last article, The Congressional Tax Plans & 2017 Year End Individual Planning Considerations, we laid out some considerations that all taxpayers should look at, in view of the…
Read MoreTax Advantages of Health Savings Accounts
While similar to FSAs (Flexible Savings Arrangements) in that both allow pre-tax contributions, Health Savings Accounts, or HSAs, offer taxpayers several additional tax benefits such as contributions that roll over…
Read MoreFlexible Spending Accounts (FSAs)
Flexible Spending Accounts or FSAs provide employees a way to use tax-free dollars to pay medical expenses not covered by health insurance plans. Because eligible employees need to decide how…
Read MoreThe Congressional Tax Plans & 2017 Year End Individual Planning Considerations
“To Accelerate or Not to Accelerate, That is the Question.” In recent weeks, the headlines have been dominated by articles discussing what the potential new tax plan may look like…
Read MoreSolar Technology Tax Credits Available for 2017
Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. While many of these tax credits expired at the end of 2016, tax credits…
Read MoreCharitable Contributions of Property
If you contribute property to a qualified organization, the amount of your charitable contribution deduction is generally the fair market value of the property at the time of the contribution.…
Read MoreCover & Rossiter Receives Award of Excellence from The Delaware State Chamber of Commerce
Cover & Rossiter has received an Award of Excellence from The Delaware State Chamber of Commerce’s (DSCC) Small Business Alliance (SBA). The awards are presented to companies that have been in…
Read MoreSmall Business: Tax Breaks for Charitable Giving
Tax breaks for charitable giving aren’t limited to individuals, your small business can benefit as well. If you own a small to medium sized business and are committed to giving…
Read MoreSeasonal Workers and the Health Care Law
Businesses often need to hire workers on a seasonal or part-time basis. For example, some businesses may need seasonal help for holidays, harvest seasons, commercial fishing or sporting events. Whether…
Read MoreTax Breaks for Educators
With the fall semester of the school year well underway, teachers, administrators and aides should not forget to keep track of education-related expenses that could help reduce their taxes, when…
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