Tax

11/11/2024

FAQs: Beneficial Ownership Information and Corporate Transparency Act

Update 3/3/25: On March 2, 2025, the U.S. Department of the Treasury announced that it will no longer enforce the...

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Business

11/08/2024

Beneficial Ownership Information Reporting Resources for Small Businesses

Update 3/3/25: On March 2, 2025, the U.S. Department of the Treasury announced that it will no longer enforce the...

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Business

11/04/2024

Sales and Use Tax Basics for Construction Contractors in WI

The construction industry in Wisconsin is comprised of a wide variety of businesses. Commercial general contractors, specialty subcontractors in multiple...

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Business

11/01/2024

Case Study: Wisconsin Manufacturer Recovers $180K in Missed Tax Credits

By leveraging industry-specific tax knowledge, Wegner CPAs guided a Wisconsin-based manufacturer to reclaim over $180,000 in tax refunds through the...

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Business

10/28/2024

Cash or Accrual Accounting: What’s Best for Tax Purposes?

Your business ventures may have the option of choosing either the cash or accrual method of accounting for tax purposes....

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Business

10/28/2024

Enhance your year-end giving with tax-beneficial gifts

As the year ends, many consider their finances and tax strategies. A smart way to lower potential estate taxes and...

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Tax

10/24/2024

IRS Releases Next Year’s Tax Related Inflation Adjustments

On Tuesday, October 22nd the Internal Revenue Service (IRS) released the tax inflation adjustments for tax year 2025. These adjustments...

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Tax

10/23/2024

Potential Tax Implications of the November Election

Election Day is right around the corner, whether we are ready for it or not. One of the main points...

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Business

10/17/2024

Make year-end tax planning moves before it’s too late!

With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your tax burden for...

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Tax

09/30/2024

Considering an electric vehicle? Here’s what you need to know.

Electric vehicles (EVs) are becoming more popular by the day. Not only do they save you gas dollars, but they...

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Tax

09/26/2024

Cost Allocation on the IRS Form 990

All 501(c)(3) and (c)(4) nonprofit organizations who are required to file a Form 990 (not including Form 990-EZ or 990-N)...

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Non-Profit

09/12/2024

Rental Income for Nonprofits: Unrelated Business Income Tax or Exempt?

Donations and grants are typically the first things that come to mind when considering nonprofit funding sources. However, many organizations...

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Non-Profit