8.17.2023 | Issue 120

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)

2023 Top 400 Firm!

Santora CPA Group has recently been recognized for a second consecutive year by INSIDE Public Accounting (IPA) as a 2023 Top 400 Firm based upon their annual rankings of the largest accounting firms in the nation.

When told of the recognition, SCG’s Managing Director, Heath Kahrs, said, “The firm’s continued growth and success is a direct result of the incredible team that we have and their relentless dedication to serving our clients. I am so proud of our people and our clients.”

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Your Weekly Catch-Up

A Tax-Smart Way to Develop and Sell Appreciated Land

Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels, and sell them off for a hefty profit, it could trigger a large tax bill.


Retirement Account Catch-Up Contributions Can Add Up

Inheriting Stock or Other Assets? You'll Receive a Favorable "Stepped-Up Basis"


Firm News

Happy Anniversary!

We had several anniversaries in the beginning of August: Caitlin Riggs celebrated one year on the 1st, Brandon Heggan and Katie Shiflet each celebrated five years on the 6th, and Olivia Jamison celebrated four years on the 12th!

We thank them for their continued hard work and dedication to our firm. They continue to impress us!

Firm Fun!

On Monday, August 7th, our Social Committee hosted Kona Ice for our employees! It was a hot day, but that didn't stop anyone from chilling out and enjoying their delicious shaved ice.

Out and About!

On Thursday, August 3rd, a group from SCG attended Delaware Contractors Association’s 50th Annual Crab Feast at Frightland in Middletown! The weather was lovely, and the food was delicious, as usual. We’re already looking forward to #51!

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