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  • Leadership
  • Clients
    • Privately Held Companies
    • Non-Profit Organizations
    • Government Agencies
    • Government Contractors
    • Healthcare
    • Individuals
    • Manufacturing & Distribution
    • Architects, Construction & Engineering
  • Lifecycle
    • Exit & Succession
    • GAP Management
  • Services
    • Assurance & Reporting
    • Customized Accounting Solutions
    • Payroll
    • Income Tax Strategies & Returns
    • Sales Tax Reporting & Audits
    • Employee Benefit Plans & ESOPs
    • Fraud & Internal Controls
    • Valuations
    • Exit & Family Succession
    • Advisory Support
    • Abila™ Nonprofit Solutions
  • Careers
    • Open Positions
  • Resources
    • Brochures
    • Client Portal
    • Secure Send
    • Newsletter
    • Record Retention
    • Tax Organizer
    • Videos
  • Contact Us

Monthly Archives: July 2022

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The Difference Between a Hobby and a Business

Individuals, Newsletter, TaxBy Wessel & CompanyJuly 8, 2022

A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. In contrast, people operate a business with the intention…

Dirty Dozen Tax Scams for 2022

UncategorizedBy Wessel & CompanyJuly 7, 2022

Dirty Dozen Tax Scams for 2022 The “Dirty Dozen” is a list of common tax scams that target taxpayers. Compiled and issued annually by the IRS, it includes a number…

What Teen Entrepreneurs Should Know About Taxes

Individuals, Newsletter, TaxBy Wessel & CompanyJuly 6, 2022

What Teen Entrepreneurs Should Know About Taxes Teens and young adults often go into business for themselves over the summer or after school. This work can include babysitting, lawn mowing,…

Standard Mileage Rates Increase for Remainder of 2022

Business, Newsletter, TaxBy Wessel & CompanyJuly 5, 2022

The optional standard mileage rate, which taxpayers may use to calculate the deductible costs of operating an automobile for business and certain other purposes, increases to 62.5 cents per mile,…

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