The Tax Cuts and Jobs Act (TCJA) adopted in December 2017, is providing the opportunity of deferring and possibly reducing the recognition of capital gain prior to December ... Read More

The time of year has arrived where we become a little less busy and life goes back to “normal.” School is back in session, summer vacations are in the rearview, ... Read More

There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to cla... Read More

Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full force in your area. Freddie Mac repor... Read More

During your working days, you pay Social Security tax in the form of withholding from your salary or self-employment tax. And when you start receiving Social Security benefi... Read More

As teachers head back for a new school year, they often pay for various expenses for which they don’t receive reimbursement. Fortunately, they may be able to deduct th... Read More

The latest scam  In a seemingly endless string of IRS impersonations, the Internal Revenue Service is warning taxpayers about the newest scam they’re seeing.&n... Read More

Delaware employers have been receiving IRS notices over the last 6+ months claiming they have unpaid payroll taxes from 2016. Some show assessments in excess of $10,000, inc... Read More

Following the yellow brick road further and further into technical advantages has improved many things about our everyday life.  It has also put our personal informatio... Read More

Summer is here and many businesses are rapidly ramping up for the heavier foot-traffic that comes with those busy summer months. If you’re a business owner looking for... Read More

Faw Casson is pleased to announce that James E. Arthur, CPA has been named as Managing Partner of the Firm’s Dover, DE office. “I feel honored to have been chosen ... Read More

Despite all of the income tax rates that were reduced by the Tax Cuts and Jobs Act (TCJA), as well as the tax breaks that were expanded, some taxpayers may still see an increa... Read More

Faw Casson is pleased to announce that Brian J. Stetina, CPA has been elected to serve as the next Director of Operations for the Firm. “I am excited to have been chose... Read More

Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2018 gift... Read More

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treat... Read More