Walthall sponsors Bloomberg Tax Tips on WINT

Feb. 15, 2017

Listen to WINT 1330 AM and 101.5 FM during tax season for Bloomberg Tax Tips. Walthall CPAs is the sponsor of the airing. The tax tips will cover many topics, including: […]

ACA – 1095-B Forms due March 2

Feb. 11, 2017

1095B Forms for Self-Funded & Level-Funded Plans for companies with 50 or fewer FTEs are due in less than three weeks. The IRS has extended the deadline for distributing two […]

Updated Form 990-EZ

Feb. 09, 2017

The IRS has released an updated “Form 990-EZ, Short Form Return of Organization Exempt from Income Tax.” The new Form 990-EZ includes 29 “help” icons. These assistive pop-ups are intended to […]

Lighting, HVAC, and Custom Building/Equipment are eligible for First Energy rebates

Feb. 06, 2017

Commercial, industrial, governmentsl, and institutional customers of First Energy may be eligible for rebates with the new HVAC incentive program that began on Jan. 1, 2017, and ends Dec. 31, […]

Walthall: a CPA firm with a 99% client satisfaction rate

Feb. 03, 2017

The 2016 numbers have been tallied from the Walthall client satisfaction survey. Of our client respondents, 88 percent were extremely satisfied and 11 percent were satisfied with our services. “We […]

Wellness program incentives may be taxable

Feb. 03, 2017

Wellness programs often provide financial incentives such as gift certificates, cash, premium reductions, or dollars in a health reimbursement arrangement, flexible spending account, or health savings account. Some health benefit […]

Email scammers take aim at small businesses that use QuickBooks

Feb. 03, 2017

QuickBooks users should be on alert for an email containing “QuickBooks Support:  Change Request” in the subject line. This is the newest phishing scam circulating.   The article by the […]

IRS finalizes higher user fees for installment agreements

Jan. 27, 2017

As of the first of the year, some taxpayers may have noticed a marked rise in user fees associated with tax payback installment agreements, as the IRS raised user fees for […]

Final guidelines for gambling winnings

Jan. 25, 2017

The IRS has issued final regulations relating to how operators report winnings for bingo, keno, and slot machines. Under the regulations, the operator can aggregate winnings for an “information reporting […]

Tax season begins January 23; some refunds may be delayed

Jan. 23, 2017

The individual income tax filing season opens on Jan. 23, 2017. The IRS reminded taxpayers that the Protecting Americans from Tax Hikes Act of 2015 may impact certain refunds in […]