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Schedule Signals

We are about one month away from Tax Day, one of the most important days of the year.  This means it is just about crunch time.  For the most part, I have been working on preparing Individual returns.  I am becoming really familiar with the different parts of an...
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Paradise

Hello there! My name is Sean J. Richardson, and I am currently an intern for Stephano Slack in Wilmington, DE. This will be my third tax season in a public accounting firm, however, my first here at Stephano Slack, and I must say that this is the most thrilling and...
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Spring Forward

As the spring approaches, so do midterms during my senior year at PhilaU. After what seemed like the shortest Winter Break yet, classes started back up quicker than they ever have. I’m finishing my third year at Philadelphia University and, as expected, it has quickly...
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Newest Addition

Busy Season is in Full Swing I finally understand what busy season is all about. I am the newest intern in the Wayne Office and it’s a stressful time, but everyone still manages to laugh and stay positive. This is my first busy season and I couldn’t have asked for a...
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Back At It

Hello everybody. I have been back here at Stephano Slack LLC for about three weeks now. I can definitely say that tax season has officially started. Since I have been back, I have been working on a variety of tasks including tax returns. I have done a 1040, 1041, 1065...
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Busy Season 101

Busy season is finally here! Everyone lingers in the office until well after dark trying to get extra work completed. Saturday is now just another work day (except jeans are acceptable attire). Deadlines need to be met and clients remain the priority, but there is...
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PA Looking Closer At Your Business Expenses

Taxpayers with business activity reported on Schedule C are the newest target of Pennsylvania Examinations. PA will be expanding review of personal income tax deductions to include PA-40 Schedule C expenses.  This is in addition to the unreimbursed employee business...
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Significant Pennsylvania Tax Change

Governor Tom Wolf has announced the successful January 1, 2016 phase-out of Pennsylvania’s Capital Stock and Foreign Franchise tax. The governor notes that the phase-out had been proposed 15 years ago, but the elimination had been delayed several times. The tax was...
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Intern Insight

December is here and finals start in just over a week. As the fall semester begins to close, so does the fall portion of my internship at Stephano Slack. Looking back at what I have done in my time here, I am amazed at how much I have learned in such a short period of...
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