The Latest News from Santora CPA Group

1.31.2025 | Issue 183

Santora CPA Group's Weekly Newsletter!

You'll find links to the Alerts and Useful Info we've posted on our website, which includes time-sensitive information and any other issues that might impact you or your business, as well as any news from around our office.

Important Upcoming Dates

March 15, 2025:

Partnership and S-Corporation Tax Returns Due

2025 Federal Withholding Decreases

Don't get caught short! Our very own Director of Human Resources, Linda Pappajohn, takes a look into what the new federal withholding adjustments could mean for you, your paycheck, and your tax return. There are steps you can take now to help mitigate any issues later!

Read Linda's Insights

Your Weekly Catch-Up

Do You Have Questions About Taking IRA Withdrawals? We’ve Got Answers

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional IRA, SIMPLE IRA, and SEP IRA. Since funds can’t stay in these accounts indefinitely, it’s important to understand the rules behind RMDs, which can be pretty complex. Below, we address some common questions to help you navigate this process.

How Section 1231 Gains & Losses Affect Business Asset Sales

Maximize Your 401(k) in 2025: Smart Strategies for a Secure Retirement

Firm News

Happy Anniversary!

On January 22nd, we celebrated Keith Hammond's 1st anniversary!

Keith is a Director and focuses on audit, accounting, and consulting services.

On January 24th, we celebrated Andrea Mattson's 3rd anniversary with SCG!

Andrea is a member of our Small Business Services Department. She assists our clients with their payroll and bookkeeping.

On January 25th, we celebrated Mandy Calvello's 17th anniversary.

Mandy is a Supervisor in our Tax Department and works with a wide variety of clients.

On January 28th, we celebrated Theresa Jones' 26th anniversary with SCG!

Theresa is a Director in SCG's Tax Dept. She also plays a vital role in the Scheduling, IT, and Recruiting Teams.

We are so grateful for their dedication and hard work every day!

Look at What Our 2025

Winter Externs Had to Say!

We welcomed our 2025 Winter Externs, Hana Frey and Maya Rhode, from Monday, January 13th, through Thursday, January 16th. Hana attends the University of Delaware, and Maya attends West Chester University.

Look at what each had to say about their externship experience with SCG!

Great job Brandon Heggan and Olivia Jamison, who were in charge of our Winter Extern Program again this year!

We're Hiring

Click Here to Learn More About Employment Opportunities!

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www.santoracpagroup.com

302.737.6200