The Research and Development Credit (R&D) can be a very beneficial tax credit for manufacturers and a wide range of...
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Business
11/14/2024
IRS TIN Matching Service Can Save You Time & Money
The IRS requires payors who remit payments to vendors (ex. self-employed contractors) to obtain a name and tax ID number...
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Business
11/14/2024
IRS Implements Changes to Increase Accuracy of 1099 Filings
For years the IRS focused on the accuracy of W-2s in reporting income. Employers were required to have an employee...
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Business
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...
