2021 Annual Tax Update

Wessel & Company invites you to join us for our Annual Tax Update. This year we will be offering the update as an In-Person Event and an Online Event on Zoom. Both events are on Tuesday, November 23, 2021 at 4:00pm. The In-Person event will be followed with Cocktails & Hors d’oeuvres from 5:00pm -…

Highlights of the Infrastructure Investment and Jobs Act

Highlights of the Infrastructure Investment and Jobs Act While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small business taxpayers. Let’s take a look: Individuals Cryptocurrency Reporting. Cryptocurrency reporting requirements are expanded to stem underreporting of cryptocurrency transactions. However, some have raised concerns that…

Importance of Refining Costs

Importance of Refining Costs Creating a budget is a very important preliminary step in owning a business. To use your budgets effectively, you will need to review and revise them frequently. This is particularly true if your business is growing and you plan to move into new areas. Budgeting enables you to be flexible and…