by Lori Bowden | Jul 1, 2024 | Newsletter, Tax
Health Savings Accounts (HSAs) are tax-advantaged savings vehicles for funding health care expenses not covered by insurance. And for those in relatively good health, they also may serve as attractive retirement savings vehicles. To be eligible to contribute, an...
by Lori Bowden | Jun 4, 2024 | Business, Newsletter, Tax
Under the Corporate Transparency Act (CTA), many businesses are subject to new reporting requirements that went into effect on January 1, 2024. That means certain companies are required to provide information related to their “beneficial owners,” that is, the...
by Lori Bowden | Jun 3, 2024 | Newsletter, Tax
Among the many challenges of parenthood is childcare for kids when school lets out. Babysitters are one option, or you might consider sending them to a day camp. There’s no one-size-fits-all answer, but if you do choose a day camp, you could be eligible for a tax...
by Lori Bowden | Jun 2, 2024 | Business, Newsletter, Tax
If you check the Internal Revenue Code, you may be surprised to find that most business deductions aren’t specifically listed there. For example, the tax law doesn’t explicitly state that you can deduct office supplies and certain other expenses. Some expenses are...
by Lori Bowden | Jun 1, 2024 | Fraud, Individuals, Newsletter
Scam artists seek new ways to steal financial data and money from vulnerable people in any season. Such fraudulent activities often target older adults. Here are three ways to help prevent elder financial abuse and fraud, whether you’re in this age bracket or you...
by Lori Bowden | May 6, 2024 | Newsletter
Wessel & Company would like to announce that our Aliquippa office will close on May 17th. Professionals currently at the Aliquippa office will now work out of our Cranberry office, located at 1667 Route 228, Suite 301, Cranberry Township, PA 16066. Our spacious...
