by Lori Bowden | May 28, 2026 | Business
35th Annual Showcase for Commerce: Government Contracting Series Wessel & Company was proud to participate in the 35th Annual Showcase for Commerce, delivering timely and relevant presentations alongside an industry expert across three critical topics shaping...
by Lori Bowden | May 4, 2026 | Business, Individuals, Newsletter, Tax
Selling investment or commercial real estate can result in a substantial tax bill if the property has appreciated significantly. One strategy to help ease your tax burden is an installment sale. What’s an Installment Sale? In an installment sale, the seller gets at...
by Lori Bowden | May 3, 2026 | Business, Individuals, Newsletter, Tax
Tax documents can accumulate quickly. While clearing out old files can feel productive, it’s important not to discard anything until you’ve reviewed some record-retention guidelines. Why Good Recordkeeping Is Important Well-organized records make it easier to prepare...
by Lori Bowden | May 2, 2026 | Individuals, Newsletter, Tax
Getting a large inheritance can create new financial opportunities. But it’s important to handle inherited assets carefully, especially when it comes to taxes and planning. Understanding relevant tax rules can help you avoid surprises and make informed decisions. Know...
by Lori Bowden | May 1, 2026 | Business, Newsletter, Tax
The wages you pay your child are generally deductible as a business expense. For your child’s income tax purposes, wages received will be at least partially protected from federal income tax by his or her standard deduction. Any wages in excess of the standard...
