Dec 7, 2022
Tax Planning Tips for the End of 2022
The hustle and bustle of the holiday season is upon us, and festiveness is in the air. With 2023 rapidly approaching, there is still time to make some shifts in your ta... Read More
Sep 27, 2022
You Received an IRS Notice. Now What?
If you’ve ever gotten an official notice from the IRS, you know the feeling of dread that may settle into your body. While getting a letter from the IRS is ... Read More
Aug 15, 2022
Independent Contractors: The Art of Worker Classification
In today’s world there are a plethora of ways to earn a salary, and to engage people to complete a job. While some employers still employ workers in a traditional ... Read More
Jun 7, 2022
Taking Care of Business
Most of us know the Richard Branson quote, "Take care of your employees and they'll take care of your business. It's as simple as that." No quote sums up t... Read More
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