The Families First Coronavirus Response Act was signed into law March 18, 2020 and is effective immediately.  It requires employers with fewer than 500 employees to pro... Read More

Federal Government In an announcement March 20, Treasury Secretary Steven Mnuchin stated that the filing deadline for all individuals and businesses has been moved from Apr... Read More

UPDATED ARTICLE 3/21:  https://www.fawcasson.com/news2/UPDATE--GOVERNMENT-EXTENDS-DUE-DATE.htm   Federal Government   In a press announcement M... Read More

In the past few weeks we have started to feel the impact of the Coronavirus Pandemic (COVID-19) here on the East Coast.  As much is still unknown about how this will af... Read More

The Taxpayer Certainty and Disaster Tax Relief Act of 2019, which was signed into law in December 2019, extended many already expired provisions.  These tax benefits ar... Read More

Most of the recently passed Consolidated Appropriation Act of 2020 focuses on extenders, tax law changes and general federal budgeting.  A piece of this Act that’... Read More

Thursday, February 14 Lisa Hastings presented on best practices and tax breaks for farmers at the MidAtlantic Women in Agriculture Conference.    THE FEDER... Read More

It’s a new year and what better way to get off on the right foot than to make sure you’re ready for maximum tax savings and retirement planning?  We’v... Read More

The qualified business income deduction (also known as Section 199A) was a significant part of the Tax Cuts and Jobs Act of 2017. It allows business owners of various entity... Read More

Whether it be your church, synagogue, or other nonprofit, you probably have a list of charities that you feel passionate about donating to. Surely, your annual contribution ... Read More

New overtime rules will commence in the new year that may affect a number of employers and their employees; the US Department of Labor (DOL) has announced their final rule i... Read More

You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is... Read More

On August 5th Faw Casson issued a special alert addressing incorrect IRS notices many Delaware employers have been receiving throughout 2019. These notices claim to assess unp... Read More

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