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

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

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

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

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

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

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

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

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

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

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

The IRS is stepping up its efforts to stop fraudulent fuel tax credit claims, and this time, they mean business. The credit is intended for off-road fuel use in farming and ... Read More

When it comes to real estate investing, the 1031 exchange is a powerful tool for deferring capital gains taxes while reinvesting in like-kind properties. However, many inves... Read More

As 2025 approaches, businesses are facing a period of considerable uncertainty, especially concerning taxation and government operations. With several provisions of the Tax ... Read More

Delaware businesses are on the brink of a significant shift in workplace policy with the introduction of the Delaware Paid Family and Medical Leave Act (PF... Read More