WED Tax & Accounting Services, Inc.-South Florida

05/02/2024

If you still need to file and didn't request an extension, the encourages you to file as soon as you can to reduce late filing penalties. We have resources to help you if you can't pay your balance in full. Pay as much as you can to reduce the amount of penalties and interest on your balance.

Learn more: https://ow.ly/xWIv50Rr22O.

01/08/2024

Please call our office with any questions at 954-824-1889!

IR-2024-04, Jan. 8, 2024 — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns.

11/23/2023

We wish you and your loved ones a very Happy Thanksgiving.

09/06/2023

With rising interest rates, the art of 0% financing is making a comeback. But buyer beware! Here is what you need to know.

With interest rates continuing to increase, what could be better than making a purchase with 0% interest? In reality, financing a purchase with a 0% interest rate may be more trouble than it’s worth, as we explain in this month’s newsletter. Also discover the hidden tax benefits of ownin...

09/01/2023

Understanding unearned income can be a great benefit in reducing your taxable income, but only if you understand what it is.

What's in a name? If it is defining different types of income, it can mean more income tax obligations. Here are some things to know.

08/25/2023

Oops. You donated too much to your IRA. What do you do. Follow these tips.

The IRS is beginning to tackle the problem of taxpayers contributing too much to their IRA accounts each year. Here is what you need to know.

08/18/2023

Here's a tip to avoid unwanted tax penalties.

Here is a simple idea to avoid late payment penalties if you miss a quarterly estimated tax payment (form 1040 ES). While it might not apply to everyone, it could save you some money come tax time.

08/16/2023

The Employee Retention Credits are now under the microscope at the IRS. Here is what is happening now.

The Employee Retention Credit was a valuable tool for millions of businesses to financially make it through the COVID-19 pandemic. But now it's being looked at under the microscope by the IRS. Learn what is being said by the IRS and understand now is the time to be prepared for a review. This month....

08/11/2023

Public Service Announcement! We are licensed insurance agency. If you or your loved one's don't have an active life insurance policy in force, please feel free to contact our office for a quote. We can be reached at 833-979-1040.

According to statistics, 41 million Americans know the importance of life insurance but don't have it. This is a small figure as most people are young, healthy, and have dependents.