Faw Casson

Recent News

Dec 21, 2021

Feeling generous at year end? Strategies for donating to charity or gifting to loved ones,


As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are the basic tax rules involved in these... Read More

Dec 1, 2021

Tax Provisions Within the Infrastructure Bill


President Biden signed the $1 trillion bipartisan infrastructure bill (the Bill) into law on Monday, November 15, 2021. The plan is slated to put $550 billion into things su... Read More

Nov 16, 2021

Get your piece of the depreciation pie now with a cost segregation study


If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study.... Read More

Nov 10, 2021

Happy Retirement, Steve!


  It is with great sadness (for us) and happiness (for him) that Faw Casson bids Steve Gannon the most wonderful retirement. Steve has been maintaining the networks ... Read More

Nov 2, 2021

5 Shrewd Tax Planning Moves to Make Before Year-End


Tax laws come and go, but one thing that doesn’t change is the fact that year-end offers unique opportunities to save money on your business taxes.   Here ... Read More

Oct 5, 2021

Selling a home: Will you owe tax on the profit?


Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July o... Read More

Sep 28, 2021

Planning for year-end gifts with the gift tax annual exclusion


As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the annual exclusion, gifts to ... Read More

Sep 21, 2021

Succession Planning Strategies: 5 Questions to Ask Before Selling Your Business


Succession planning probably isn’t high on the priority list of many business owners. After all, owners have lots of things to think about other than the day when some... Read More

Aug 24, 2021

Delaware and Maryland Minimum Wage Requirements


Minimum Wage in Delaware The minimum wage in Delaware is on the rise, with legislation to raise the rate to $15 per hour by 2025, recently signed into law by Governor Car... Read More

Aug 10, 2021

PROMOTIONS!


Congratulations to our most recent promotion recipients.  We are so proud of each of you and what you bring to our team.  

Aug 6, 2021

Alison Andrews, CPA Named Best Accountant in Sussex County, DE


We are honored to have had our Rehoboth Beach, Delaware office Managing Partner, Alison Andrews, CPA,  voted as Best Accountant in Sussex County, DE.  We are ve... Read More

Jul 30, 2021

Accounting and Accountability: Episode 20


Listen to Accounting and Accountability by clicking here.    Some highlights from our latest podcast:   We discuss President Biden revisiting his pr... Read More

Jul 20, 2021

The Delaware Contractor Registration Act


  In a recent change to the rules surrounding the licensing and registration of those businesses that perform contracting services, the Delaware Contractor Registrat... Read More

Jul 6, 2021

Sales and Use Tax After the Wayfair Case


It has been nearly three years since a major U.S. Supreme Court decision was handed down that changed sales and use tax rules for businesses selling products and services re... Read More

Jun 15, 2021

Tax Implications of Working in a Gig Industry


Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. Reductions in work... Read More



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