Wide-eyed and in awe, what stood before me was the start of a new beginning. The first internship is always the most intimidating of all beginnings. You’re walking into a new workspace, not knowing anyone besides yourself, and you have to learn how to get into the...
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Relief is Here: IRS Expands Relief Regarding Underpayment Penalty
The Tax Cuts and Jobs Act has brought many new changes for taxpayers across the board. Changes to withholding and tax rates posed a challenging feat for taxpayers and CPAs to navigate the waters of uncertainty surrounding TCJA laws. Some taxpayers have experienced...
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...
“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...
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...
Forming an LLC
Let’s discuss LLCs! This is a very common business type but so many people (even those who OWN an LLC) do not actually realize what an LLC is... or what it could be. This is a great place to start if you are considering starting a business or getting your already...
