Posts Tagged ‘tax planning’
Delaware EARNS Program Kicks Off July 1st – Here’s What You Need to Know
June 19, 2024 — Delaware EARNS is a retirement savings program sponsored by the Office of the State Treasurer. In Delaware, nearly 150,000 workers lack a way to save for…
Read MoreTake Action Now to Reduce Your 2024 Tax Liability
Tax Tips From Cover & Rossiter March 6, 2024 — We are getting into the busy part of the 1040 tax filing season and even though you’re focused on getting…
Read MoreStrategies to Help You Save Money and Reduce Taxes
By: Jennifer Pacilli, CPA, Director **Note: We’ve updated all financial references to tax years 2023 and 2024** The role of a certified public accountant has changed quite a bit from…
Read MoreRMD 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.…
Read MoreSold Your Home Last Year or Plan to in 2023? If So, Here’s What You Need to Know
The U.S. housing market has been extremely volatile over the past year. Year-over-year growth rates were at highs of 20.1 percent in April 2022, then declined to only 8.6 percent…
Read MoreTake Action Now to Reduce Your 2023 Tax Liability
UPDATE: See our latest blog post “Take Action Now to Reduce Your 2024 Tax Liability” for the latest strategies on reducing your tax liability. The end of the year is…
Read MoreTax Implications of Charitable Planning/Giving Strategies – Update for 2022/2023
By: Marie Holliday, CPA, MBA, Managing Director In late 2021, I presented “Tax Implications of Charitable Planning/Giving Strategies” to a DTCC virtual audience. The program gave an overview of changes…
Read MoreThe Biggest Winners and Losers in President Biden’s Proposed Individual Tax Plan
President Biden presented his $1.8 trillion American Families Plan, which focuses on expanding benefits for education, children and childcare. The Biden administration intends to pay for the plan with a…
Read MoreNeed to Pay Taxes? Try Online Payment Options
The IRS and most jurisdictions allow several convenient ways for taxpayers to pay their taxes online. With a couple of clicks, you can pay balance(s) due, extension payments or quarterly…
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,…
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