8.13.2026 | Issue 229

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.

Will Your Social Security Benefits Be Taxable?

Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this up-to-$6,000-per-individual deduction, also known as the “senior” deduction, is generally available whether or not someone receives Social Security benefits. (But other limits do apply, such as an income-based phaseout.)

When the Sale of an Appreciated Home Triggers Taxes - And When it Doesn't

Demystifying Like-Kind Exchanges

The "Kiddie Tax" Can Apply Long After Childhood

Happy Anniversary!

On July 7th, we celebrated Vito Genovesio on his 1st anniversary with Santora CPA Group!

He began his career with us as a Summer Intern in 2024 and joined SCG full time in July 2025 after graduating from the University of Delaware. He is currently pursuing his financial planning certification while continuing to grow in his role as a Trust Associate in our Trust Department.

On July 8th, we celebrated Leah Crumpton on her 2nd anniversary with Santora CPA Group!

She began her career with SCG as a Summer Intern in 2023 and officially joined our team full time in July 2024 after graduating from Delaware State University. Since then, she has become a valued member of the team, contributing to a wide range of tax and audit engagements, while continuing to grow her skills and expertise.

Honoring our teammates’ milestones reminds us how lucky we are to work with such dedicated and remarkable individuals!

ABC Delaware's 34th Annual Crab Feast

Israel, Diane, Kim, Erin, Olivia, Mike, Jerry, Ray, Harry, Debi, and Caitlin attended ABC Delaware‘s 34th Annual Crab Feast on Thursday, June 25th at Kirkwood Sports in New Castle.

Everyone had a great time! The crabs were delicious, the company was even better, and the weather was pretty good.

Big thanks to ABC Delaware for putting together such a fun and flavorful event — there were over 2,000 members and industry partners in attendance! As always, we’re already looking forward to next year!

We are growing! Are you (or someone you know) ready to take the next step in your (their) career? Check out our current openings:

www.santoracpagroup.com | 302.737.6200