Vehicle-expense deduction ins and outs for individual taxpayers

It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax Cuts and Jobs Act (TCJA) might reduce your deduction compared to what you claimed on your 2017 return. For 2017, miles driven for business, moving, medical and charitable purposes were potentially deductible. For 2018 through […]

Happy Fat Tuesday!!

Today our firm celebrated Fat Tuesday with a traditional Mardi Gras meal prepared by one of our partners, Bil Ruf, with help from Roy Hoagland’s wife, Catherine.  On the menu was jambalaya, gumbo, salad, bread pudding, and king cake!  Bil has been preparing this meal for our team for several years, and it’s obvious he puts […]

Beware the Ides of March — if you own a pass-through entity

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes. Why? The Ides of March, more commonly known as March 15, is the federal income tax filing deadline for these “pass-through” entities. Not-so-ancient history Until […]

Help us congratulate Teresa Cleary for 15 years of service!

We are honored to recognize Teresa as she celebrates 15 years at Welenken CPAs!  Teresa is a trusted adviser, working daily with entrepreneurs to maneuver thru the complexities of accounting rules and tax law.  She can assist you in the areas of tax planning and preparation for individuals, partnerships, corporations, trusts and estates, as well […]

Congratulations to Sarah Waskey for 20 years at Welenken CPAs!!

Today we are celebrating Sarah Waskey!  Thank you for being a valuable member of Team Welenken for 20 years!!    Sarah believes in having a strong connection with her clients. She has spent her career helping small businesses and nonprofit organizations understand that having a robust accounting system leads to growth and success. She is exceptionally passionate about […]