Faw Casson

Recent News

Sep 24, 2019

Selling Your Home? Consider These Tax Implications

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

Sep 17, 2019

You May Have to Pay Tax on Social Security Benefits

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

Sep 10, 2019

Expenses that teachers can and can't deduct on their tax returns

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

Sep 3, 2019

IRS Scams: When it's real (And When it's Not)

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

Aug 5, 2019


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

Jun 26, 2019

Scams, ID Theft and Cyber Criminals...Oh my!

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

Jun 19, 2019

Need Summer Help? Hire Your Children!

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

Jun 10, 2019

Jim Arthur Named Managing Partner of Dover Office

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

Apr 24, 2019

Why are my Deductions so Low?

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

Mar 28, 2019

Brian Stetina Named Director of Operations

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

Mar 12, 2019

2018 Gift Tax deadline is approaching

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

Feb 28, 2019

Beware the Ides of March - if you own a pass-through entity

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

Feb 18, 2019

Don Casson

The last of the Firm’s namesakes, Don Casson, passed away this past week. He was quite an accomplished individual. Although he retired in 1982, his leadership and stre... Read More

Feb 12, 2019

3 big TCJA changes affecting 2018 individual tax returns and beyond

When you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax rate cuts and reduced ite... Read More

Feb 5, 2019

Depreciation-related breaks on business real estate:

Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation ... Read More

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