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By: Tina Truby, CPA, Supervisor I recently received one of those dreaded letters that told me I had been the victim of a mass data breach. After carefully reading the…

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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…

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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…

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RMD Relief and Guidance for 2023

In early 2022, the IRS issued proposed regulations regarding required minimum distributions (RMDs) to reflect changes made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.…

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Accounting Firms in Delaware Tackle a Hiring Crisis

“I was thinking to myself, ‘It’s a nerdy pocket protector kind of person,'” said Marie Holliday, managing director of Cover & Rossiter. Now that she’s tried it, she says, “I really think accounting is cool…I’ve made a great career out of it.”

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