Archive
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…
Read MoreCover & Rossiter Holiday Charitable Giving
On Friday December 9th, Cover & Rossiter had the opportunity to wrap gifts purchased for a family and twelve men. This event became a tradition that our firm has conducted each year…
Read MoreUpdated Holiday Office Hours
To allow our team to enjoy the holidays, our offices will be closed on the following days: Monday, December 26, 2016 Tuesday, December 27, 2016 Friday, December 30, 2016 Monday, January…
Read More2016 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…
Read More2016 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…
Read MoreDon’t Wait to File an Extended Return
If you filed for an extension of time to file your 2015 federal tax return, and you also chose to have advance payments of the premium tax credit (PTC) made…
Read MoreFive Overlooked Tax Breaks for Individuals
Confused about which credits and deductions you can claim on your 2015 tax return? You’re not alone. Here are five tax breaks that you won’t want to overlook. State Sales…
Read MoreExemptions and Dependents: Top Ten Tax Facts
Most people can claim an exemption on their tax return. It can lower your taxable income, which in most cases, that reduces the amount of tax you owe for the…
Read MoreThe Individual Shared Responsibility Provision
The individual shared responsibility provision requires that you and each member of your family have qualifying health insurance, a health coverage exemption, or pay a shared responsibility penalty for any…
Read MoreWho Should File a 2015 Tax Return?
Most people file a tax return because they have to. But even if you don’t, there are times when you should, because you might be eligible for a tax refund…
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