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
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
Feb 5, 2019
Two Major Tax Law Changes Impact Individuals
Although most of the provisions under the Tax Cuts and Jobs Act (TCJA) actually went into effect in 2018, there are two major changes that will impact individuals beginning ... Read More
Jan 28, 2019
Faw Casson Turns 75!
2019 marks Faw Casson’s 75th year serving our clients and our community. We would like to sincerely thank each and every one of you for your continued trust in our fir... Read More
Dec 18, 2018
50+? Make up for lost deductions.
Did you rely heavily on the many itemized deductions that the Tax Cuts and Job Act (TCJA) has eliminated or reduced? If you are still trying to find viable solutions to ... Read More
Nov 6, 2018
Teachers get a Little Break!
School is back in swing and as you can imagine teachers spend a lot of time setting up for the new school year. We all know a few teachers and it has been a common pract... Read More
Oct 23, 2018
What Are The Essentials of HSAs, FSAs and HRAs?
The Affordable Care Act continues to be questioned regarding the uncertainty of how it will impact health care costs. Therefore, having an understanding of HSAs, FSAs and HRAs... Read More
Oct 9, 2018
Help for Delaware First-Time Home Buyers
History of the Transfer Tax
During the 2017 Delaware Legislative session, the Delaware Real Estate Transfer Tax was raised from 3% to 4% in an effort to help balance the ... Read More
Sep 26, 2018
This Tax Shelter is Still Standing
Although Congress threatened to reduce the benefits of the home sale exclusion, the final version of the new Tax Cuts and Jobs Act (TCJA) did not include a crackdown. As a res... Read More
Aug 14, 2018
Should S Corporations Switch to C Corporations?
Retaining the most money after taxes is one of the top concerns of any corporation. There are different corporation types, however, and the type of corporation you cho... Read More
Aug 7, 2018
Delaware Legislative Changes
After an elongated session on June 30, 2018, the 149th Delaware General Assembly settled multiple bills. The work completed during the session included many crucial legislativ... Read More