By Wiss Associate
While in the midst of busy season, it’s difficult to see the light at the end of the tunnel. Early mornings, late nights, sacrificing weekends – it’s the life of an accountant: working endlessly January through April (and let’s not forget August through October) to make sure our clients are well taken care of.
So, who takes care of the accountants while they’re deep in the trenches? While here at Wiss we do our best to create a fun and inviting atmosphere, encouraging...
Whether you’re self-employed or working for someone else, tax filing season is a great excuse to start thinking about strategies to lower your taxable income and maximize your retirement savings.
You still have time. You have until April 15 to make contributions to your retirement accounts and have it apply to the 2018 tax year. If you file for an extension, your deadline for doing this in 2019 is October 15.
The following information will be especially useful if you discover or...
By Paul Ursich
So you and your company survived another tax deadline. Congratulations. Now, while the memory is still fresh, is the ideal time to conduct a post-mortem of your current process to identify shortcomings and strategies that will help you boost efficiency and accuracy next year. Here are a few suggestions you can use to kick-start your new processes.
Review withholding allowances
Large tax refunds seem like a good thing when you get them, but it means the government has...
Protecting Your Personal Information During Tax Season
By Wiss Associate
As accountants, we understand that your identity is just as important as your financial well-being. With tax season just around the corner, scammers will use this opportunity to get access to personal information. Some common strategies include receiving calls from:
A self-proclaimed “Governmental Agency”
U.S. Treasury or IRS
Sweepstake entry representative
We’ve all heard stories of someone who have fallen...