London Interbank Offered Rate (LIBOR), the number that currently has over $350 trillion in debt tied to it, is currently set to be phased out and replaced by the end of 2021. The projected alternative is Secured Overnight Financing Rate (SOFR), which went live in...
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Is Cloud-Based Accounting Software Best for Me?
One of the biggest questions that arises when starting a business is: what accounting software is the best option for me? With the ever changing technology in today’s world, it is important to keep up with the latest technology to ensure you are utilizing available...
What Google Can’t Tell You About Interns
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...
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...
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...
