John W. Weldon CPA

What happens if your spouse turns out to be a tax cheat, and you signed a joint tax return without realizing it. Can you be held responsible? Learn more.

Understanding What Innocent Spouse Relief Is, and Whether You Need It

Here is some midweek Wednesday Wisdom inspiration from your friends at John W. Weldon CPA

When was the last time you or your attorney reviewed or updated your will or trust? Revised tax laws and life's ever-changing circumstances make estate planning an ongoing process. Did you divorce or marry? Have or adopt kids? Has your spouse or any of your named beneficiaries passed away? Keeping your will or trust up to date will ensure that your money and assets don't end up in the wrong hands.

Is Your Will or Trust Up-to-Date? When was the last time you or your attorney reviewed or updated your will or trust? If it was some time ago before the passage of substantial tax law changes over the past few years, your documents may be out of date. Among the many changes was a substantial revision to the estate tax exclusion.

Set yourself up for success with Monday Motivation from John W. Weldon CPA

Here is a fun fact for your Saturday from John W. Weldon CPA.

Getting a hold of your medical practice's cash flow situation may be difficult, but it certainly isn't impossible - provided that you're able to keep a few key tips and tricks in mind.

The Top Cash Flow Tips That Medical Practices Need to Follow Getting a hold of your medical practice’s cash flow situation may be difficult, but it certainly isn’t impossible – provided that you’re able to keep a few key tips and tricks in mind.

For those who love learning: here's a tax fact from John W. Weldon CPA.

If you're a business owner who has been through a recession before, you know that smart cash flow management is absolutely crucial.

With a Possible Recession Looming, You May Want to Review Your Cash Flow Process If you’re a business owner who has been through a recession before, you know that smart cash flow management is absolutely crucial.

It matters how you get there. Wednesday Wisdom from John W. Weldon CPA

Whether a specific tax law applies to you, or your dependent may hinge on your or the dependent's age. Sometimes reaching a certain age provides a tax benefit, while in other cases once a specific birthday is celebrated there's a tax "penalty" - meaning that a specific type of income becomes taxable, or credit no longer applies. Most of these age-related tax rules concern dependent children or retirement.

Happy Birthdays from the IRS When Congress enacts tax laws, many times whether the law applies is based on the age of the taxpayer or a taxpayer’s dependent. Reaching a certain age sometimes provides a tax benefit, while in other cases there’s a tax “penalty” – meaning that a specific type of income becomes taxable, o...