by briesterer@thinkvisionary.com | Oct 2, 2020 | Newsletter
Taking Early Withdrawals From Retirement Accounts While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in certain cases, it may be unavoidable, especially during times of economic crisis. If you need cash and have a retirement fund...
by briesterer@thinkvisionary.com | Oct 1, 2020 | Newsletter
Tax Treatment of Virtual Currency Transactions Whether you’ve invested in Bitcoin and sold it at a profit or loss or received it for services performed, you’ll need to report it on your tax return. Here’s what you should know: Background Prior to...
by briesterer@thinkvisionary.com | Sep 22, 2020 | Newsletter
Wessel & Company CPAs and Advisors, headquartered in Johnstown, PA, has been recognized as one of the Top 400 CPA firms in the nation. The list is compiled by Inside Public Accounting (IPA) and published on a yearly basis. “Our team is excited to be recognized...
by briesterer@thinkvisionary.com | Sep 8, 2020 | Newsletter
Preparing for a Successful Retirement As you approach retirement, it’s vital that you pay attention to several important financial matters to ensure a smooth transition. Here are five of them: 1. Health Insurance Are you among the lucky few who will continue to...
by briesterer@thinkvisionary.com | Sep 7, 2020 | Newsletter
The Home Office Deduction With more people working from home than ever before, taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year. The short answer is that self-employed taxpayers who use their home for...