News & Updates
Working Remotely Could Affect Your Taxes
[vc_row][vc_column][vc_column_text]When COVID-19 struck last March, employers quickly switched to a work-from-home model for their employees, many of whom began working in a state other than the one in which their office was located. While some workers have returned...
Solar Technology Tax Credits Still Available for 2020
Certain energy-efficient home improvements can cut your energy bills and save you money at tax time. While many of these tax credits expired at the end of 2016, tax credits for residential and non-business energy-efficient solar technologies do not expire until...
Wessel & Company Named One of the Best Places to Work in Pennsylvania!
[vc_row][vc_column][vc_column_text]Wessel & Company, with six offices in Pennsylvania, including Johnstown and Cranberry Township, has been named among the top 25 of the Best Places to Work in PA. This marks the thirteenth consecutive year that Wessel &...
Beware of Gift Card Tax Scams
There’s never an off-season when it comes to scammers and thieves who want to trick people to scam them out of money, steal their personal information, or talk them into engaging in questionable behavior with their taxes. While scam attempts typically peak during tax...
Charitable Donation Deduction Could Lower Your Tax Bill
The Coronavirus Aid, Relief and Economic Security (CARES) Act, enacted last spring, includes several temporary tax changes that help charitable organizations. One such provision allows taxpayers to deduct cash donations of up to $300 made before December 31, 2020....
Post Election Tax Planning & Strategies Webinar
[vc_row][vc_column][vc_video link="https://vimeo.com/486457356/60a371ed4b"][vc_btn title="Download PowerPoint Slides" align="center" link="url:https%3A%2F%2Fwww.wesselcpa.com%2Fwp-content%2Fuploads%2F2020%2F12%2FDecember-2-Wessel-Tax-Webinar.pdf"][vc_column_text]Our...
Grand opening ceremony scheduled for virtual learning center
After months of fundraising and work, the grand opening of the Virtual Learning Center at The Flood City Youth Fitness Academy is scheduled for 4 p.m. Dec. 1. "It's going to be, we think, a real game-changer for the youth of our city," academy Program Director Deacon...
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 incentive, the purpose of which is to spur economic development and job creation in...
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: Deferring Income Businesses using the cash method of accounting can...
Individual Taxpayers: Year-End Tax Planning Strategies
[vc_row][vc_column][vc_column_text] 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 to minimize your tax burden for 2020. General Tax...