News & Updates
What’s New for 2020 Tax Returns
What's New for 2020 Tax Returns As always, taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns. Let's take a look: 1. Recovery Rebate Credit/Economic Impact Payment. In January, the Treasury...
State grant gives new life to Cambria-Rowe site
[vc_row][vc_column][vc_column_text]A multi-million-dollar effort is one step closer to turn the former Cambria-Rowe site in Johnstown into a call center to support people recovering from opioid addiction. State lawmakers and the Johnstown Redevelopment Authority...
Two local business owners join to open restaurant
[vc_row][vc_column][vc_column_text] A local Johnstown investment group led by Dominic Chippie, owner of Rizzo’s Restaurant in Windber, and Corey Crocco, owner of Flair of Country in Johnstown, is preparing to open a new restaurant in Johnstown. The Fifth Local Eatery...
Johnstown lawmaker named majority chairman of state Senate Transportation Committee
[vc_row][vc_column][vc_column_text]A Johnstown area lawmaker has been picked to head the state Senate Transportation Committee. It makes state Sen. Wayne Langerholc Jr., R-Richland Township, the majority chairman of an influential committee tasked with identifying,...
Questions Business Owners and Management Should Consider in the COVID-19 Environment
Questions Business Owners and Management Should Consider in the COVID-19 Environment As Business Owners, Executive Directors or Key Management weigh the practical challenges of accounting, reporting and disclosing the impacts of COVID-19, the following series of...
Year-End Accounting Session Webinar
[vc_row][vc_column][vc_video link="https://vimeo.com/497693553/9efc29caa8"][vc_btn title="Download PowerPoint Slides" align="center" link="url:https%3A%2F%2Fwww.wesselcpa.com%2Fwp-content%2Fuploads%2F2021%2F01%2FWessel-Year-End-Business-Accounting-Session.pdf"][vc_btn...
The new stimulus bill has been signed – what does this mean for my business?
[vc_row][vc_column][vc_column_text] The new stimulus bill has been signed – what does this mean for my business? The President has just signed the Consolidated Appropriations Act of 2021 which includes a $900B COVID-19 relief package. The relief package includes...
Protecting Business Taxpayers From Identity Theft
[vc_row][vc_column][vc_column_text] Protecting Business Taxpayers From Identity Theft Starting December 13, 2020, the IRS began masking sensitive data on business tax transcripts. Previously, only sensitive data on individual tax transcripts was masked. Here's what...
COVID-related Tax Relief Act of 2020
[vc_row][vc_column][vc_column_text] COVID-related Tax Relief Act of 2020 The Consolidated Appropriations Act, 2021, H.R. 133 included funding for the government, extensions for expiring tax extenders, COVID tax relief under the COVID-related Tax Relief Act of 2020,...
Identity Protection Pin Available To All Taxpayers
[vc_row][vc_column][vc_column_text] Identity Protection Pin Available To All Taxpayers Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identity. Previously, IP PINs were only...