In many small businesses, particularly those in the early stages of growth, it's common for a single person to handle all aspects of financial management. That person ma... Read More

On March 31, 2025, the Social Security Administration (SSA) will implement significant changes aimed at enhancing the security of benefit services and protecting Americans f... Read More

We're now in the middle of tax season! Whether you’re eagerly awaiting a refund or just trying to get through the paperwork, there’s one thing you need to be... Read More

The IRS is stepping up its efforts to stop fraudulent fuel tax credit claims, and this time, they mean business. The credit is intended for off-road fuel use in farming and ... Read More

When it comes to real estate investing, the 1031 exchange is a powerful tool for deferring capital gains taxes while reinvesting in like-kind properties. However, many inves... Read More

As 2025 approaches, businesses are facing a period of considerable uncertainty, especially concerning taxation and government operations. With several provisions of the Tax ... Read More

Delaware businesses are on the brink of a significant shift in workplace policy with the introduction of the Delaware Paid Family and Medical Leave Act (PF... Read More

For business owners, year-end tax planning is an opportunity to maximize deductions, manage income, and position your business for financial success in 2025. Whether you&rsquo... Read More

As we approach tax season, inflation has triggered several notable adjustments that will impact individual taxpayers, families, and estates alike. Here’s a rundown of ... Read More

In a significant move for both employers and employees, the IRS has issued new guidance under Notice 2024-63, providing clarity on a groundbreaking provision of the SECURE 2... Read More

If you're 70½ or older and own an IRA, you have a fantastic option to make a difference in your community while benefiting from significant tax savings. In 2024, ... Read More

In a recent announcement, the IRS has issued a strong warning to taxpayers regarding misleading claims circulating about a so-called "Self-Employment Tax Credit." ... Read More

The Delaware General Assembly has passed House Substitute No. 2 for House Bill No. 168, as amended by House Amendment No. 1, aimed at revising lodging tax regulations. This ... Read More

Faw Casson firm is delighted to announce the recipients of the 2024 Faw Casson Future Accounting Scholarships. Each year, this initiative recognizes high school seniors who de... Read More

The Delaware EARNS (Expanding Access for Retirement and Necessary Savings) program is a state-mandated retirement savings initiative aimed at increasing access to retirement... Read More