Investing in Opportunity Zones: The Facts
Investing in Opportunity Zones: The Facts The Tax Cuts and Jobs Act included numerous changes for businesses and individuals. One of these was the creation of the Opportunity Zones tax…
Year-End Tax Planning Strategies for Business Owners
Year-End Tax Planning Strategies for Business Owners Several end-of-year tax planning strategies are available to business owners that can be used to reduce their tax liability. Let’s take a look:…
Individual Taxpayers: Year-End Tax Planning Strategies
Individual Taxpayers: Year-End Tax Planning Strategies With the end of the year fast approaching, now is the time to take a closer look at tax planning strategies you can use…
Tax Preparation vs. Tax Planning
Tax Preparation vs. Tax Planning Many people assume tax planning is the same as tax preparation, but the two are quite different. Let’s take a closer look: What is Tax…
Health Coverage Terms Employers Should Know
Health Coverage Terms Employers Should Know Under the Affordable Care Act, certain employers – known as applicable large employers – are subject to the employer shared responsibility provisions. You might…
Choosing a Retirement Destination: Tax Considerations
Choosing a Retirement Destination: Tax Considerations With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even…
Taking Early Withdrawals From Retirement Accounts
Taking Early Withdrawals From Retirement Accounts While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in certain cases, it may be unavoidable, especially…
Tax Treatment of Virtual Currency Transactions
Tax Treatment of Virtual Currency Transactions Whether you’ve invested in Bitcoin and sold it at a profit or loss or received it for services performed, you’ll need to report it…
Wessel & Company Named a Top 400 Firm
Wessel & Company CPAs and Advisors, headquartered in Johnstown, PA, has been recognized as one of the Top 400 CPA firms in the nation. The list is compiled by Inside…
Preparing for a Successful Retirement
Preparing for a Successful Retirement As you approach retirement, it’s vital that you pay attention to several important financial matters to ensure a smooth transition. Here are five of them:…