PowerPoint Presentation Watch our Business & Accounting webinar that discusses the changes for the remainder of the year with tax credits, W-4 changes, and COBRA Coverage. If you have any additional questions feel free to reach out to your Wessel professional or contact us at (814) 536-7864.
The 68th Sunnehanna Amateur Tournament for Champions will bring a field of 101 golfers to the Westmont course, including defending champion Preston Summerhays. The tournament will begin Wednesday and conclude on Saturday at the par-70 Sunnehanna Country Club. Summerhays shot a final-round 5-under 65 to finish with a Sunnehanna Amateur record-tying 14-under 266 – matching…
With so many different sides to it, Pennsylvania really is a treat to travel around and surely has something for everyone to enjoy. While its big cities of Pittsburgh and Philadelphia bustle with life, countless small towns in Pennsylvania can be found tucked away among the fertile farms and fields of Amish Country or the stupendous scenery…
Employee Retention Credits Last year, the CARES Act introduced an Employee Retention Credit (ERC) to provide reimbursement of wages for businesses affected by the COVID-19 virus and incentivize employers to maintain a pre-pandemic level workforce. Although it was expanded and scheduled to expire at the end of the second quarter of 2021, it is ARPA…
Tips for Students with a Summer Job If your child is a student with a summer job, the income your child earns over the summer is considered taxable income. Here’s what they should know: Form W-4. When anyone gets a new job, they need to fill out a Form W-4, Employee’s Withholding Allowance Certificate. Employers use this…
HSA Limits Increase for 2022 Contributions to a Health Savings Account (HSA) are used to pay current or future medical expenses of the account owner, his or her spouse, and any qualified dependent and are adjusted annually for inflation. For 2022, the annual inflation-adjusted contribution limit for a Health Savings Account (HSA) increases to $$3,650…
Changing Jobs? Don’t Forget About Your 401(k) One of the most important questions you face when changing job is what to do with the money in your 401(k) because making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Let’s say you put in five years at your…