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How COVID-19 Affects Your Taxes

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This COVID-19 pandemic has affected everyone in some way, there's no doubt about that. You may be wondering how it will affect your taxes. Our Mid-MO CPA firm is here to clear that up for you in this week's blog. It's clear that the COVID-19 will affect your taxes and our accountants in Central Missouri feel that the best way to explain exactly how is to give you the facts straight from the IRS. Keep reading for some of the latest information highlights that have been unveiled by the IRS in this week's blog. Remember, if you are in need of tax assistance, Wilson Toellner can still help you over the phone, by e-mail, or via mail. Visit www.WTCPA.com for all of our contact information. Information from The IRS STIMULUS PAYMENT CHECKS ARE COMING. There is currently no information available yet regarding the specifics of this, but you should keep checking the IRS website as we get further into this pandemic. This could affect individuals who make a salary of $9...

The Wilson Toellner CPA Announcement On The Coronavirus

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Dear Clients, With the coronavirus pandemic continuously changing, the Wilson Toellner CPA leadership team wants to assure you that we are closely monitoring the situation. We have the utmost concern for the safety and well-being of our clients and our team. Our firm has been at the forefront of technology and our proven business continuity plan is readily implemented. We believe it is critical for us all to do our part to curb the spread of the coronavirus. Through careful consideration, we have made the decision to work with our clients through phone, email, mail and drop off of information only.  Our offices will be closed to the public.  Members of our team will be in our offices from 8:00 – 5:00 Monday through Friday to collect items that have been dropped off. We urge you to use our secure SafeSend Portal whenever possible. If you need assistance, we are here to walk you through step-by-step, email us at covid19@wtcpa.com or call us at our offices listed...

Wilson Toellner CPA, The MANY Services We Can Offer You

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Many may not realize this, but our Mid-MO CPA firm is SO much more than accounting. As a new client, you likely aren't aware yet of the many services we can offer you that are more than just accounting. To understand all that we do here at our CPA firm in Mid-MO , keep reading this week's blog for the many services we can offer you at  Wilson Toellner CPA . Throughout this blog, you will learn about the vast variety of services offered here. If you have any questions, please give us a call today. We have four locations throughout Mid-MO, all phone numbers can be found on our website at www.WTCPA.com . CONSULTANT  Business Owners Toolkit  Walk through your business structure and common business practices to help ensure you’re not leaving money on the table through missed deductions, misunderstood rules, improper business structure, etc. Succession Planning  Identify and develop your successors so you know that your business will continue into the next gen...

Accounting Tips For Starting a New Business in 2020

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Many people out there may have the best ideas for a business but let the fear of change get to them too much and they may allow that fear to prevent them from ever starting their dream business. If you have decided enough is enough and you are willing to take the leap and start your business this year, this is the blog for you! Our CPAs in Mid-Missouri are here to give you a few accounting tips for starting a new business in 2020, in this week's blog. If you would like to schedule a consultation with one of our experienced accountants in Mid-Missouri so you can get all your accounting related questions about starting your new business answered in person, call Wilson Toellner CPA . We four office locations throughout Central Missouri, phone numbers and addresses can be found on our website at www.WTCPA.com . Accounting Tips For Starting a New Business in 2020 Sit down with an expert and develop a financial plan for your business before you make any major decisions. A prope...

3 Deductions To Consider

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Tax Day will be here before you know it! April 15th is less than 2 months away and our Mid-MO CPA firm wants you to be prepared. Keep reading this week's blog for a few types of deductions to possibly consider when you go to do your taxes this year if you haven't already. Need help from an experienced tax professional in Central MO ? Call Wilson Toellner CPA today. We have four locations throughout Mid Missouri and you can find all the addresses, directions, and phone numbers on our website at www.WTCPA.com . 3 Deductions To Consider 1. DO YOU WORK FROM HOME AT ALL? If so, there's a good possibility that you can deduct some of the costs of working from home. To deduct the home office costs, your home office must be the main location for your business and you must exclusively and regularly use an area of your home for your business. Please be aware that rules may vary for daycares or other business, so consult with an experienced tax accountant in Central Missour...

Reasons to Complete Your Taxes ASAP

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Tax Day is right around the corner! April 15th is going to be here before you know it. Don't keep telling yourself that you have plenty of time to get your taxes done, over and over again because you are eventually going to run out of time. Something unforeseen can happen and you can't always predict how these things are going to go. If you need tax assistance in Mid-Missouri , you should call an experienced Mid-MO tax accountant sooner rather than later. Wilson Toellner CPA is here for you. Please call us at one of four locations throughout Mid-MO, all of which can be found on our website at www.WTCPA.com . In the meantime, keep reading this week's blog for a few reasons to complete your taxes as soon as possible. AVOID HAVING TO PAY A PENALTY. According to the IRS, "April 15 is the annual deadline for most people to file their federal income tax return and pay any taxes they owe. By law, the IRS may assess penalties to taxpayers for both failing to file a tax...

How To Find the RIGHT Tax Accountant

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Tax Day will be here soon, who's doing your taxes? Are you well-versed in the world of tax management? Many people will willingly admit that they prefer to have an experienced tax professional handle their taxes for them. Our accountants in Mid-Missouri are here for you! The sooner you book your appointment to get your taxes done, the better! Call Wilson Toellner CPA today. Our Mid-Missouri CPA firm has four office locations throughout Missouri, you can find all phone numbers on our website at www.WTCPA.com . Keep reading this week's blog for a few tips on finding the right accountant. How To Find the RIGHT Tax Accountant  Source: https://www.irs.gov/newsroom/things-to-remember-when-choosing-a-tax-preparer You can look up any qualified Tax Professional's qualifications. Feel at ease and truly see if the tax professional you are seeing is qualified to be handling either your or your business taxes and check the IRS directory. This is where you can see their cre...