Faw Casson

Recent News

Jun 1, 2022

Keith Kahn named as newest Faw Casson Partner

Faw Casson is pleased to announce that Keith S. Kahn, CPA, CFE has been admitted as a Partner with the Firm.  Keith is a Certified Public Accountant and Certified Fraud E... Read More

Apr 27, 2022

Delaware Relief Rebate Program Passed

With the passing of Delaware’s House Bill 360 on April 14, 2022, the 2022 Delaware Relief Rebate Program was created.  The Bill calls for a “relief rebate&r... Read More

Apr 12, 2022

Does Filing a Tax Extension Trigger an Audit?

While a widely believed myth, filing an extension of your tax return will not put you in the IRS's crosshairs for an audit. In fact, the IRS has been auditing ... Read More

Mar 15, 2022

Rebate Program Would Potentially Send $300 to Every Delaware State Tax Filer this Spring

A week after a plan to rebate approximately $100 million to Delaware citizens was proposed, State lawmakers reached an agreement on a bipartisan plan to significantly increa... Read More

Feb 2, 2022

Advance Child Tax Credit Letters from IRS May not be Accurate

During 2021, taxpayers with qualifying children 17 years old and younger received monthly payments of a portion of their Child Tax Credit, unless they opted out. (For m... Read More

Jan 18, 2022

Tax Extenders That Expired at the End of 2021

Often, we see tax extenders slated to expire at year’s end get extended at the last moment. That has not been the case as 2021 drew to a close.  There w... Read More

Jan 11, 2022

Welcome to Faw Casson, Alona and Erica!

Please join us in welcoming two new hires to our team! Erica Portillo will be working out of our Dover, DE office and Alona Blakeman will be available at our Rehoboth Beach, D... Read More

Jan 4, 2022

Three Changes for Individual Tax Filing in 2022

Happy New Year! It’s time to start watching for important tax documents arriving in the mail and gathering files from 2021. As we enter 2022 and prepare for ... Read More

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

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