Roger Wesnitzer, CPA

Dick Bell was nervous. It was about 10 or 15 years ago and he was about to go into a conference call with a bunch of big-shot tax attorneys out of New York and Chicago. Now, Dick knew he was good at his job. He had the confidence of his client and he knew what […]

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Medicare and IRMAA

What is IRMAA? It is the Income Related Monthly Adjustment Amount (IRMAA) to Medicare B and Medicare Drug coverage amounts that are paid monthly, either by a deduction from a person’s Social Security check or paid directly to Medicare.  These are not premiums paid for separate supplemental health and drug coverage plans or Medicare Advantage […]

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Inflation, a Possible Recession and Year-End Planning

Inflation has skyrocketed during the previous 18 months, reaching 40-year highs this summer. It is currently above 8% on an annual basis. Inflation is essentially caused by too much money in the hands of buyers and not enough goods to purchase in the marketplace. Government-mandated Covid shutdowns decreased the supply of goods worldwide. In addition, […]

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Barb Harkins, EA

Name: Barb Harkins Title: EA Tenure: 16 Years (10 Years as Partner) Hobbies: Gardening, Reading, Church, and Outreach Programs. Marital Status: Married for 40 Years, 2 Kids, 5 Grandkids Bio: Some people choose their career path because it’s what they’ve always wanted to do. Kids who grow up to be astronauts or teachers or professional […]

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Student Debt Relief Application Information

As many of you have heard in the news, the Biden-Harris administration has been working on a one-time student debt relief plan. The plan allows for a maximum of $10,000 in debt relief to non-Pell Grant recipients and a maximum of $20,000 in debt relief for Pell Grant Receipt. The following are a couple of […]

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Health Insurance Through The Affordable Care Act

Since the Affordable Care Act (ACA) was passed in 2010, reduced-cost health insurance premiums are offered through the online marketplace.  However, through 2020 you did not qualify for those reduced premiums if your household income exceeded 400% of the federal poverty level based on the number of people in your household.  This was a hard […]

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Jean Devereaux, Bookkeeper/Payroll Specialist

Name: Jean Devereaux Title: Bookkeeper/Payroll Specialist Tenure: 3 Years Hobbies: Hiking, camping, fishing, and other “outdoor stuff.” Bio: Jean Devereaux likes numbers. She likes structure. She likes black and white and left and right and up and down. She likes certainty, that’s all. Which is why she was such a perfect fit for CPA Consulting […]

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What Is Employee Retention Credit?

Employee Retention Credit or ERC.  Many of you have heard about this recently.  There are numerous radio ads, mailers, flyers, and spam emails concerning ERC, how you qualify for it, and how the company posting the ads can get you back tens if not hundreds of thousands of dollars in refunds. The ERC is real. […]

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IRS Delays: Current Status

IRS Delays Continue As many of you are aware, the IRS is extremely behind in virtually all aspects since the pandemic started in 2020. Per the IRS website, here is a summary of how significant the backlog currently is. As of June 10, 2022 More than 11 million individual tax returns have not been processed […]

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