3.17.2023 | Issue 102

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

April 18, 2023

Individual, Corporation, Gift, and Fiduciary Tax Returns due to IRS

Your Weekly Catch-Up

Awarded Money in a Lawsuit or Settlement? It's Only Tax-Free in Certain Circumstances

You generally must pay federal tax on all income you receive, but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for “personal physical injuries or physical sickness” are free from federal income tax under the tax code. This includes amounts received in a lawsuit or a settlement and in a lump sum or in installments.


Child Tax Credit: The Rules Keep Changing But it's Still Valuable

There Still May Be Time to Make an IRA Contribution for Last Year 


Firm News

Have We Received Your Tax Info?

In January 2023, we made the switch to SafeSend. This program provides a diverse array of benefits to our clients in a growing digital world.

If you have not received your individual tax organizer and engagement letter package via SafeSend in the last two months, please check your spam/junk/clutter for an email from noreply@safesendreturns.com. Reminders are being sent to your email on a regular basis. If you are not able to locate that email, please reach out to one of our SafeSend Specialists or call our office for assistance.

Click Here to Contact Our SafeSend Support for Assistance With Your 2022 Tax Organizer
Click Here to Visit our SafeSend FAQ Site

Firm Fun!

On Friday, March 10th, the Trust Dept. hosted our annual St. Patrick’s Day Happy Hour! There was a lot of delicious “themed” goodies and games. Pizzas arrived later in the evening. Our Trust Dept. sure knows how to plan a great party! Everyone had a fantastic time, as you can see from the photos!

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Take a look inside Santora CPA Group with our new videos!

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