WellsColeman
2019 Business Reporting Reminders Guide
Now more than ever, it is imperative to make sure you meet the reporting obligations as detailed below for: Form 1099-MISC S-Corporation Health Insurance Personal Use of Employer-Provided Vehicle Personal Property Tax and Business License Returns Employer Payroll Update Form 1099-MISC There are several items to keep in mind that will streamline the process,…
Read More2019 Business Planning Guide
All businesses seek to reduce costs, and year-end tax planning presents the opportunity for significant savings that affect your bottom line. The Tax Cuts and Jobs Act of 2017 created a myriad of challenges for businesses of all types. But along with the challenges are opportunities for businesses to leverage timely tax strategies to lower their…
Read More2019 Individual Planning Guide
With the end of the year approaching, you should consider strategies that might help reduce your 2019 tax bill. Last year was the first year impacted by the Tax Cuts and Job Act of 2017(TCJA). Even though there were no significant legislation changes in 2019 affecting individual taxes, situations vary from year to year, requiring a…
Read MoreWellsColeman named one of the 2019 Best Places to Work in Virginia
WellsColeman was recently named as one of the 2019 Best Places to Work in Virginia. WellsColeman ranks 6th in the Small Employer category (15-99 US employees). The annual list of the Best Places to Work in Virginia was created by Virginia Business and Best Companies Group. This statewide survey and awards program is designed to identify, recognize and…
Read MoreFeatured Podcast
Sarah Graves, Office Manager at WellsColeman was featured on the Longwood Alumni and Career Services podcast “Day After Graduation” and discussed hiring intelligence.
Read MoreYear-End Reporting Reminder for Businesses
Form1099-MISC S-Corporation Health Insurance Personal Use of Employer-Provided Vehicle It is more important than ever to make sure you are meeting your reporting obligations. If you need assistance with these important year-end reminders, please contact your partner. Form 1099-MISC: Whether you prepare Forms 1099-MISC yourself or request WellsColeman to prepare them for you, there…
Read MoreYear-End Planning for Businesses
Business tax planning is very complex. Careful planning involves more than just focusing on lowering taxes for the current and future years. How each potential tax saving opportunity affects the entire business must also be considered. In addition, planning for closely-held entities requires a delicate balance between planning for the business and planning for its…
Read MoreYear-End Planning for Individuals
On December 22, 2017, President Trump signed sweeping federal tax reform into law, which significantly changed the U.S. tax system for both individuals and businesses. The changes under the new tax law are extensive and complex. They may also provide opportunities for additional tax savings. In order to maximize these savings, we will need to…
Read MoreVSCPA Government & Nonprofit Month Spotlight: Evan Wrinkle, CPA
Evan Wrinkle, CPA, staff accountant with WellsColeman is featured in the VSPCA Government and Nonprofit Monthly Spotlight. Evan prepares tax returns for nonprofit organizations and also serves as treasurer for the United Spinal Association of Virginia and secretary for the VSCPA’s Richmond Chapter. Read more from Evan’s interview here.
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