Employees Working Remotely Can Increase Your Fraud Risk
Employees Working Remotely Can Increase Your Fraud Risk Between 2008 and 2020, remote work has grown 159%. When employees are working remotely, it’s harder to detect and prevent all types of…
American Rescue Plan Act of 2021
American Rescue Plan Act of 2021 President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law on Thursday afternoon. This $1.9 trillion stimulus package contains extensions to…
Unemployment Benefits Identity Theft Scam Alert
Unemployment Benefits Identity Theft Scam Alert During 2020, millions of taxpayers were impacted by the COVID-19 pandemic through job loss or reduced work hours. Some taxpayers who faced unemployment or…
Wessel & Company Named to PA Business Central’s Top 100 Organizations
Wessel & Company Named to PA Business Central’s Top 100 Organizations Wessel & Company has been named to Pennsylvania Business Central’s Top 100 Organizations for 2021. The list was created…
Capital Gains Tax on Sale of Stocks
Capital Gains Tax on Sale of Stocks Apps like Robinhood make it easy for everyone to play the stock market. If you’re a retail investor who made money last year…
Tax Breaks for Families with Children
Tax Breaks for Families with Children If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Let’s…
Renting Out a Second Home
Renting Out a Second Home In general, income from rental of a vacation home for 15 days or longer must be reported on your tax return on Schedule E, Supplemental Income…
Unemployment Fraud Continues to Thrive
Unemployment Fraud Continues to Thrive Unemployment fraud has been running rampant since the beginning of the COVID-19 pandemic and the number of fraudulent claims continues to grow at an alarming…
3 Wessel & Company Shareholders Among PA Business Central’s Top 100 People
3 Wessel & Company Shareholders Among PA Business Central’s Top 100 People Wessel & Company shareholders Patti Hudson and Tom Seitz, as well as President & CEO Joel Valentine have…
Who Qualifies for the Earned Income Credit
Who Qualifies for the Earned Income Credit The earned income tax credit can give qualifying workers with low-to-moderate income a substantial financial boost. The credit not only reduces the amount…