News & Updates
Changing Jobs? Don’t Forget About Your 401(k)
[vc_row][vc_column][vc_column_text] Changing Jobs? Don't Forget About Your 401(k) One of the most important questions you face when changing job is what to do with the money in your 401(k) because making the wrong move could cost you thousands of dollars or more in...
Tax Considerations When Selling Your Small Business
[vc_row][vc_column][vc_column_text] Tax Considerations When Selling Your Small Business Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you're thinking about selling your business the...
Bill Polacek leads JWF Industries through moments of change by staying true
Over the past 35 years running JWF Industries, President and CEO Bill Polacek has faced several obstacles that required him to step back and rethink his approach. “I hit either a ceiling or we were at the point where the market was oversaturated, the market was going...
New Cambria-Somerset County initiative offers remote workers $5,000 to relocate to area
Jay and Nikki Forde are from Seattle, Washington and moved to Johnstown last year. "Seattle has been very good to us. We lived there, raised our kids there. But we're looking to get away from the hustle and bustle," said Jay. Since they run a website design business...
Refunds for Nontaxable Unemployment Compensation
[vc_row][vc_column][vc_column_text] Refunds for Nontaxable Unemployment Compensation The IRS is automatically refunding money to eligible people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan....
Avoiding Tax Surprises When Retiring Overseas
[vc_row][vc_column][vc_column_text] Avoiding Tax Surprises When Retiring Overseas Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look...
Saving for Education: Understanding 529 Plans
[vc_row][vc_column][vc_column_text] Saving for Education: Understanding 529 Plans Many parents are looking for ways to save for their child's education and a 529 Plan is an excellent way to do so. Even better, is that thanks to the passage of tax reform legislation in...
Common Errors to Avoid When Filing a Tax Return
[vc_row][vc_column][vc_column_text] Common Errors to Avoid When Filing a Tax Return While not all mistakes on tax returns cause delays in refunds, some do. 1. Not using electronic filing. While this isn’t necessarily a mistake per se, filing electronically is the best...
Johnstown Symphony Orchestra music director wins Grammy Award, meet-and-greet this weekend
CAMBRIA COUNTY, Pa. (WTAJ) — James Blachly, music director of the Johnstown Symphony Orchestra and 2021 Grammy Award winner, is inviting the community to come out and celebrate the historic win this weekend. The celebration will take place in Johnstown’s Central Park...
American Rescue Plan Act of 2021 – Impact on Local Governments
[vc_row][vc_column][vc_video link="https://vimeo.com/539317759/046a0a35b1"][vc_btn title="Download PowerPoint Slides" align="center" link="url:https%3A%2F%2Fwww.wesselcpa.com%2Fwp-content%2Fuploads%2F2021%2F04%2FAmerican-Rescue-Plan-Webinar.pdf"][vc_column_text]...