6.29.2023 | Issue 115

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

9.15.2023: Corporation (6/30), S Corporation and Partnership Tax Returns Extended Due Date (12/31)

10.2.2023: Fiduciary Tax Returns Extended Due Date (12/31)

Your Weekly Catch-Up

When Can Seniors Deduct Medicare Premiums on Their Tax Returns?

If you’re age 65 and older and have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be costly, especially for married couples with both spouses paying them. But there may be an advantage: You may qualify for a tax break for paying the premiums.


Reduce the Impact of the 3.8% Net Investment Income Tax

Keep These DOs and DON'Ts in Mind When Deducting Business Meals and Vehicle Expenses


Firm News

Out and About!

On Thursday, June 22nd, a large group of our team attended ABC Delaware’s 31st Annual Crab Feast at Fort DuPont State Park in Delaware City. Even though it rained most of the day, thankfully, the weather held out for the festivities! The food was delicious as always, and our team had a great time supporting ABC Delaware.

We can’t wait for next year!

Phillie Phanatics!

On Saturday, June 10th, Erin Melhus took her husband, Frank, and their son, Ben, to the Phillies game vs. the Los Angeles Dodgers. It was Ben’s Phirst Phillies game! The weather was perfect and Citizens Bank Park was full with the Phillies coming off a six-game winning streak. It was a rough game for the Phillies though, who fell to the Dodgers with a final score of 0-9.

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