Time for Spring Cleaning
Spring is upon us and for most taxpayers 2018 reporting is almost behind them. Form 1099s have been filed, the pass-through business return filing date has just passed, and we are quickly approaching the 4/15 deadline for individual and corporation tax return filing....
It’s a Family Thing
A handful of resumes, a freshly dry-cleaned suit, and a room with over 100 potential employers; that is what was staring directly back at me my first year at West Chester University. I was 100% out of my element, but this was step one down a new path. I’m not what you...
First Real World Experience
As my final semester of college comes to an end, I’ve had a chance to reflect on all of the opportunities I have been given. I had prior internships, but Stephano Slack has been a unique challenge for me and I will always be grateful. One huge advantage Stephano has...
Stephano Slack Partner, Ralph Cetrulo, Quoted on New Tax Law
Stephano Slack partner, Ralph Cetrulo, comments on the new tax law changes and responds to claims that taxpayers are getting smaller refunds in 2019. Click here to view the article at Delaware State News.
“What’s in a Name?” Re-visit your Chart of Accounts
“What’s in a name?” As accountants, we have a counter argument for Shakespeare’s famous idiom. The names you give to your accounts, and in particular your sub-accounts, can be very valuable to your financial statements. It’s all too comfortable to stick with the...
The Tax Cuts and Job Act of 2017 and Its Impact on Divorce
The last thing on your mind when going through a divorce should be tax implications. The old federal income tax treatment of alimony has been permanently repealed with no foreseeable future legislative change. The most apparent reason for this change is to increase...
Stephano Slack Partner Plunges for Charity
Stephano Slack’s partner, Ralph Cetrulo, was featured in Town Square Delaware’s article for participating in the annual Polar Bear Plunge, which raised over $900,000 for Special Olympics of Delaware. Click here to view the article.
ASU 2017-12: “Targeted Improvements for Hedging Activities” – Interest Rate Swaps
The Why: Stakeholders indicated that hedge accounting requirements in current GAAP sometimes do not permit an entity to properly recognize the economic results in its financial statements. Entities wanted something that would better facilitate financial reporting that...
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