5.4.2023 | Issue 108

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

May 15, 2023

Not-for-Profit Tax Returns Due to IRS

June 15, 2023

Second Quarter Estimated Taxes Due

Your Weekly Catch-Up

There's a Favorable "Stepped-Up Basis" if You Inherit Property

A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or she inherits from another? This is an important area and is too often overlooked when families start to put their affairs in order.


The Tax Advantages of Hiring Your Child This Summer

Paperwork You Can Toss After Filing Your Tax Return


Firm News

Firm Fun!

On Thursday, April 20th, our Team gathered at the Kahrs’ home to once again celebrate another successful busy season!

The Directors, in gratitude for the Team’s hard work during this busy season, closed the office at noon on Thursday and invited everyone to Heath and Marcie’s home to enjoy some delicious food and drink.

Our friends at Food For Thought delighted everyone with their outstanding salads, the Cousins Maine Lobster food truck wowed us with their delicious varieties of entrees, and The Pizza Wagon served up some yummy pizzas.

The weather was absolutely perfect for yard games, and a bonfire was the perfect end to the night. A fabulous time was had by all!

The office was closed on Friday as well for a well-deserved, extra long weekend.

Out and About!

On Thursday, April 27th, Bob Elder and Jerry Troutner attended the 22nd Annual Governor’s Safety Awards Dinner at The Waterfall in Claymont.

Co-sponsored by the Delaware Department of Labor and the Delaware Contractors Association, the evening consisted of a networking tabletop expo, and awards were presented to eligible contractors at the dinner.

It was a delightful evening – we were grateful to be a part of such a wonderful event!

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