Faw Casson

Recent News

Feb 16, 2021

Second Round of Payroll Protection Plan Loans Available


  One of the most impactful parts of the Consolidated Appropriations Act of 2021 is the introduction of a second round of Paycheck Protection Program (PPP) loans.&nb... Read More

Feb 8, 2021

DE Passes Bill Exempting Unemployment Benefits from Taxable Income


On February 8, 2021 Governor John Carney signed House Bill 65 (the Bill) into law.  This Bill effectively exempts any unemployment benefits paid in 2020 from being consid... Read More

Feb 2, 2021

Employee Retention Credit Could Mean Huge Savings


  The Employee Retention Credit (ERC) is a credit designed to help those businesses struggling with COVID related restrictions, causing a lack of income that threa... Read More

Jan 12, 2021

Virtual Discussion: The Consolidated Appropriations Act


Join Team Faw Casson for a virtual discussion on the newly passed Act, and how it may impact you and your business. During these open discussions, we will review... Read More

Jan 5, 2021

The Consolidated Appropriations Act, 2021


The CARES Act, signed into law in March of 2020, came as a much-needed stimulus to our economy during the beginning of the COVID pandemic when businesses were starting to fe... Read More

Dec 15, 2020

Can I Deduct my Home Office During the Pandemic?


By:  Cassie Porter One of the most frequent questions we have been asked during the COVID-19 pandemic is “can I deduct my home office since I am working from h... Read More

Dec 8, 2020

The Season of Charitable Giving


By. Dan Steele, CPA   The holiday season is quickly approaching, along with the season of giving. No, I am not talking about giving your mom another cookbook or y... Read More

Nov 6, 2020

Accounting and Accountability: Episode 5


  Tammy: I want to give our listeners a quick PPP update. I know guys its like we are still talking about PPP. Some of your institutions do not have a portal ava... Read More

Oct 23, 2020

Accounting and Accountability: Episode 4


Episode 4: Presidential Candidate Tax Plans and the Queen of Mean       Tammy:  So you know how we always start with some pretty exciting i... Read More

Oct 9, 2020

Accounting and Accountability: Episode 3


Delaware Relief Grant Brian:  We’ve talked about this on some previous occasions but the Delaware Grant Relief just a real quick reminder is a $100 million... Read More

Sep 25, 2020

Accounting and Accountability: Episode 2


  Tammy: Exciting tax information, you know some people have been telling me that they have been getting these notices saying they owe and we’ve filed thei... Read More

Sep 3, 2020

Delaware Relief Grants Available


The Delaware Relief Grants program, announced on Wednesday, August 19th, is an initiative between the State of Delaware and New Castle County, and is funded by the Coronavir... Read More

Aug 11, 2020

What is the Payroll Tax Holiday?


In a Presidential Memoranda issued August 8, 2020, President Donald Trump declared that further measures are needed to assist Americans during the “troubled times&rdqu... Read More

Jul 8, 2020

PPP Loan Forgiveness Updates and Borrower-Friendly Forgiveness Applications


The Federal Paycheck Protection Program (PPP) has been rapidly evolving since its inception at the beginning of April, and this past week has been no different.   ... Read More