The Financial Advisor

The "financial advisor" title is about as generic as saying all doctors practice medicine. Is…

Wealth Management Explained

Wealth Management Most individuals who want to build wealth make the mistake of putting financial…

WMA Frequently Asked Questions

What is a Family Office level of service? How Do You Define a Family Office,…

Tax Planning and Other Useful Definitions

What Makes WMA’s Approach Unique? Organized by: Wealth Management Accounting (WMA) Most tax preparers, CPAs,…

How the Money Moves: Capital Contributions and Distributions

KEY POINTS: Capital Contributions comprise the initial funding of an LLC. Typically completed at the…

Are you financially literate?

The recent events in our country and in the world have caused ripple effect stresses…
Tax deadline

The Countdown is ON!!

The deadline is fast approaching. Let us help you prepare! Tax Organizer We have mailed…
Self-prepared vs professional team

Should You Do Your Own Taxes Or Hire A Professional?

If you’re the handy, do-it-yourself type, you probably prefer to prepare your own taxes every…

What to do if you can’t pay the taxes?

We know the story: things are tight financially, so you either (1) do not file…

New 1099K Reporting Requirements for Sellers

Do you sell on eBay or Etsy? Do you use pay apps like Venmo, PayPal,…
Event postponed

ANNOUNCEMENT: Financial Fitness Open House Postponed

The safety and health of our clients is of utmost importance to us. For this…
Tax organizer

It’s Tax Time!

Are you ready for this tax season? Let us help you prepare! Tax Organizer We…

Watch For IRS Letters This Month!

Tax season is upon us, and if you received the advance Child Tax Credit or…

Protect More of Your Assets NOW! – 4 Tax Strategies to Use in 2021 Before 2022 Tax Increases

In light of the increased government spending in the past couple of years, higher income…
Document preparation vs legal advice

What is the Difference? Document Preparation vs. Legal Advice

One of the most frequent questions we get is "what's the difference between document preparation…
IRA timed bomb

Do you need to be rescued from the IRA timebomb 💣?

But wait...I thought IRA's were a good thing? And they are. Like everything in life,…
5 reasons you need a bookeeper

5 Reasons You NEED a Bookkeeper

Bookkeeping is a vital part of any business, but it can be easy to push…
The sum of individual parts

A Common Mistake?

A common mistake our clients assuming they can’t have it all IN ONE PLACE…
2021 import tax deadlines

When are business federal taxes due?

While Tax Day is the only date some people may have on their calendar, there…
Tax prep vs tax planning

What is the difference between Tax Preparation and Tax Planning?

Simply put, Tax Preparation is looking into the past, and Tax Planning is looking to…

The New Child and Dependent Care Credit for 2021

This new credit for 2021 is potentially worth up to $8,000 in tax credits to…

IRS unveils Child Tax Credit Update Portal to opt out of CTC advances

Updated August 16, 2021: As of recently, the IRS has changed its rules on opting…

Still no stimulus check? How to track down your IRS payment status online

If you're fed up watching your mailbox and bank account, waiting for your federal stimulus…

Happy New Year from the WMA Family!

To Our Customers: Happy New Year! We hope that you were able to enjoy a…