Posts by zestsms
Reporting Gambling Income and Losses
Reporting Gambling Income and Losses If you gamble, these tax tips can help you at tax time next year: Here’s what you need to know about figuring gambling income and…
Read MoreSpecial Tax Relief: Hurricanes Harvey, Irma & Maria
Key tax relief provisions are now available for victims of Hurricanes Harvey, Irma and Maria. This tax relief applies to individuals and businesses anywhere in Florida, Georgia, Puerto Rico and…
Read MoreDeducting Business-Related Car Expenses
Whether you’re self-employed or an employee, if you use a car for business, you get the benefit of tax deductions. There are Two Choices for Claiming Deductions Deduct the actual…
Read MoreTax-Saving Strategies That Reduce Your Tax Liability
If you’re looking to save money on your taxes this year, consider using one or more of these tax-saving strategies to reduce your income, lower your tax bracket and minimize…
Read MoreWhat you need to know about the Equifax Data Breach
Background: What is Equifax? Equifax is one of three major U.S. credit reporting bureaus. The other two are TransUnion and Experian. There is also a smaller, less well-known credit-reporting agency…
Read MoreCover & Rossiter announces Promotion of Vickie Young Beam, CPA
Cover & Rossiter, one of Delaware’s first and most respected certified public accounting and advisory firms, is pleased to announce the promotion of Vickie Young Beam, CPA to Principal. Young…
Read MoreCover & Rossiter announces Promotion for Jennifer Pacilli
Cover & Rossiter has a long-standing history as one of Delaware’s first and most respected certified public accounting and advisory firms and is pleased to announce Jennifer Pacilli has become…
Read MoreTax Relief for Victims of Hurricane Harvey
The IRS offers tax relief to affected taxpayers (individuals and businesses) in any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance and is part…
Read MoreStates Require Online Retailers to Collect Sales Tax
From declining sales at local retail establishments to brick and mortar store closings, almost everyone would agree that the rise of Internet sales has transformed the retail landscape. One consequence…
Read MoreAvoiding Penalties on Early Withdrawals from IRAs
More than half of Millennials and Gen Xers have already or are planning to, withdraw money from their retirement plans to cover unexpected expenses such as medical bills, educational expenses,…
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