Posts Tagged ‘cover rossiter cpas’
Important Information Related to Stimulus Payments
By: Luci Roseman, CPA, Manager In Late December congress passed a $900B pandemic relief package that established a $600 direct stimulus payment to most Americans under certain income limits. Generally,…
Read MorePandemic Relief Package for Small Businesses – Round 2
Details of $900 billion relief package as it relates to the Paycheck Protection Program (PPP) and Small Businesses By: Kimberly Zarett, CPA, MS, Principal (UPDATED December 31, 2020) The Consolidated…
Read MoreImpact of COVID-19 on 2020 Taxes – Are You Ready?
By: Kimberly Zarett, CPA, MS, Principal COVID-19 has had a tremendous impact on businesses, our social interactions, and the economy. There have been several important legislative changes enacted this year,…
Read MoreCover & Rossiter Announces New Hires
We are pleased to welcome Gabrielle Barrale, Sean Cullen, Deirdre Mohn, Alfredo Muniz, Jason Shuman, and Joanne Stosic to the team. “We are beyond thrilled to welcome this talented group…
Read MoreHow to Stay Productive When Working from Home
Due to the unprecedented effects of COVID-19, the line between our professional and personal lives has blurred. Trying to take care of job responsibilities from home requires new ways of…
Read MoreHow to Teach Your Kids About Money
If your kids are going back to school, now is a great time to educate them about money. Baby boomers were taught to save for a rainy day. The younger…
Read More8 Things that Could Trigger a Business Audit
Whether you’re doing taxes for your own business or a client’s business, the small – but real – possibility exists for an audit. Understanding the chances of an audit and…
Read MoreHave You Received a “Balance Due” Notice from the IRS?
You filed your tax return on time and paid the taxes due, yet you received a notice from the IRS. Why? By: Luci Roseman, CPA, Manager Due to the COVID-19…
Read MoreReminder: Unemployment compensation is taxable
Have tax withheld now to avoid a tax-time surprise. The Internal Revenue Service reminds people receiving unemployment compensation, many for the first time, that, by law, this compensation is taxable.…
Read MoreRollover Relief for Required Minimum Distribution
Time running out to reverse 2020 RMD and save on taxes The Coronavirus pandemic resulted in a change in the Required Minimum Distribution (RMD) for 2020. The CARES Act, the coronavirus relief…
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