Faw Casson

Recent News

Oct 8, 2025

No More Paper Checks: IRS and Federal Agencies Go Fully Digital in 2025


A big change is coming to how the federal government sends out payments. On March 25, 2025, President Trump signed an executive order that officially ends the era of paper c... Read More

Sep 24, 2025

The OBBB’s Temporary Senior Deduction: What You Need to Know


If you’re 65 or older, the One Big Beautiful Bill Act (OBBB) offers a temporary extra tax break from 2025 through 2028. Taxpayers aged 65 or older at the end of the ye... Read More

Sep 10, 2025

The New OBBB Car Loan Interest Deduction: What You Really Need to Know


If you’ve been hearing the buzz about the One Big Beautiful Bill Act (OBBB), you know it’s jam-packed with tax changes. One of the more surprising additions? A b... Read More

Sep 2, 2025

We’re On Top of Recent Tax Notice Confusion


At Faw Casson, we know that opening your mail to find a tax notice you weren’t expecting can cause your heart to skip a beat. Especially when you’re confident yo... Read More

Aug 13, 2025

Overtime Tax Relief: Big Win for Workers, Big Heads-Up for Bosses


The One Big Beautiful Bill (OBBBA) allows qualifying taxpayers to deduct up to $12,500 (single) or $25,000 (married filing jointly) of their overtime premium pay. That&rs... Read More

Jul 30, 2025

Tip Deduction in the OBBB Act: What Business Owners Need to Know


You may have seen headlines buzzing about a “No Tax on Tips” provision in the newly passed One Big Beautiful Bill Act. As catchy as that phrase sounds, it’... Read More

Jun 4, 2025

Faw Casson Announces Promotion of Andy J. Tobias, MSAC, CPA to Partner


Faw Casson is pleased to announce the promotion of Andy J. Tobias, MSAC, CPA, to Partner. A dedicated professional with an analytical edge and a keen ability to simplify the c... Read More

Jun 4, 2025

Delaware Pushes Back Trade Name Registration Overhaul to 2026


Delaware businesses have just been granted a little more breathing room. House Bill 177, passed by the General Assembly last week, officially delays the start date for the s... Read More

Jun 3, 2025

Faw Casson Names Daniel H. Steele, CPA as Partner


Faw Casson is proud to announce the promotion of Daniel H. Steele, CPA, to Partner. With more than a decade of service to the firm, Dan is recognized for his calm, thoughtful ... Read More

May 21, 2025

How to Improve Cash Flow, Smarter Collection Policies and Proactive Strategies


As accountants, one of the most common issues we see with businesses, especially growing ones, is cash flow inconsistency. The books might show a profit, but the bank account ... Read More

May 7, 2025

What Financial Reports Should Businesses Focus on to Monitor Their Business Health?


Running a business is a lot like maintaining a car—you have to check under the hood regularly. But instead of oil levels and tire pressure, business owners need to mon... Read More

Apr 23, 2025

New IRS Rules on State-Paid Family and Medical Leave: What Employers and Employees Need to Do


The IRS has issued Revenue Ruling 2025-4, providing clarity on how state-mandated Paid Family and Medical Leave (PFML) programs should be taxed. If you’re an employer ... Read More

Apr 9, 2025

Strengthening Internal Controls in Small Businesses: Safeguarding Finances When One Person Handles It All


In many small businesses, particularly those in the early stages of growth, it's common for a single person to handle all aspects of financial management. That person ma... Read More

Mar 26, 2025

Important Changes Coming to Social Security on March 31, 2025: What You Need to Know and How to Prepare


On March 31, 2025, the Social Security Administration (SSA) will implement significant changes aimed at enhancing the security of benefit services and protecting Americans f... Read More

Mar 12, 2025

Watch Out! The IRS Warns of These Tax Scams in 2025


We're now in the middle of tax season! Whether you’re eagerly awaiting a refund or just trying to get through the paperwork, there’s one thing you need to be... Read More