Wilson Financial Services- Dennis D. Wilson CPA

02/12/2026

Some Seattle players will pay more in California state tax then they actually earned for winning the game. This is because they have  to allocate one week of their entire pay to the state of California,  not just the amount  they were paid for winning the Super Bowl. tax.

By the way, I'm still taking new clients for this year's tax season. Message me if you need some help with your taxes. 847-282-0272

01/20/2026

Tax season is on us. I'm accepting new clients and specialize in self-employed, investors, and small business. Give me a call 847-912-3555

Did you know there are several commonly missed tax deductions that you might be eligible to claim? You probably know about the standard deduction and some of the more obvious tax write offs, but you can also deduct things like moving expenses, state sales taxes, and mortgage points for a refinance.....

02/19/2025

Business use of your automobile is one of the largest tax deductions for many small business owners and the self-employed.  A tax professional can help you find many other allowable deductions if you are self-employed or a small business owner. I'm currently accepting new clients for this tax season.
Call for a free consultation 847-282-0272

03/11/2024

Dreading filing your taxes this year? I can help. Call
a CPA with over 30 years of experience specializing in self-employed, small business, investing, real estate transactions. Free consultation. 847-912-3555.

01/01/2024

11/29/2023

Charlie Munger, business partner of Warren Buffet, passed away at 99. Here is some of his wise advice.

Charlie Munger was Vice Chairman of Berkshire Hathaway and Warren Buffett's closest business partner. Before he died at age 99, he shared three "basic rules" that drove his success in life — and they can help any young person today.

11/21/2023

If you are a small business owner, give me a call.
847-912-3555
Sole Proprietorships have the highest likelihood for an audit; they are 3-10 times more likely to be audited as a Sole Proprietorship Schedule C filer.

Here are some of the scenarios that will likely get a Schedule C filer flagged for an audit:

Income in excess of $100,000
Taking disproportionately large deduction(s) to offset income
Hobby loss write-offs (for multiple years)
Claiming 100% business use of a vehicle
Big deductions for meals, travel, and entertainment
Claiming a home office deduction
Claiming rental losses
Taking the Research and Development Credit
Receiving significant cash income (Form 8300 if more than $10,000)

07/04/2023

Give me a call if you are unsure of any IRS communications

The Internal Revenue Service is cautioning taxpayers to beware of a new scam in which fraudsters are sending out cardboard envelopes from a delivery service asking for personal info.

04/12/2023

Don’t panic if your taxes aren’t done yet. Give me a call, and I can file an extension so you will avoid a late filing penalty and buy some extra time.
847-912-3555

01/23/2023

Tax season is here. I am a licensed CPA with over 30 years of experience and accepting new clients this year. Don’t wait til the last minute. Call for a free consult. Self-employed, small business, real estate investors and retirees are my specialties.
Call or text 847.912.3555