4 Ways AI Is Impacting the Construction Industry

Thanks in part to the Internet (of Things) and cloud computing, artificial intelligence (AI) has transitioned from science fiction to everyday life. The impact of AI is already felt throughout our daily lives — from automated spam email detection to viewing suggestions on our favorite streaming service to smart speakers that put voice commands into […]

South Dakota v. Wayfair, Inc.

What This Sales Tax Case Means For Nonprofits A landmark ruling by the U.S. Supreme Court in 2018 dramatically expanded the ability of states to impose sales tax collection obligations on out-of-state organizations that sell goods and services within their boundaries. Since then, state legislatures and municipalities have scrambled to pass laws targeting organizations that […]

Use Nongrantor Trusts To Bypass The SALT Deduction Limit

If you reside in a high-tax state, you may want to consider using nongrantor trusts to soften the blow of the $10,000 federal limit on state and local tax (SALT) deductions. The limit can significantly reduce itemized deductions if your state income and property taxes are well over $10,000. A potential strategy for avoiding the […]

Welcome Vincent Drake and Tiffany Stubbs

Wheeler Wolfenden and Dwares, CPAs is pleased to welcome Vincent Drake to its audit and tax practices as a staff accountant. Drake earned a Bachelor of Science in Accounting from Bloomsburg University of Pennsylvania. Prior to joining WW&D, Drake worked as a payroll auditor in the public sector in Chadds Ford, PA. Tiffany Stubbs has […]

Walk the Talk: Prioritizing Company Core Values

Do your employees know your construction company’s core values? Are they (and you) applying these values to daily operations and decision making? Are you using the values to build your brand and reputation in the marketplace? If you had a hard time answering the above questions, it may be time to revisit the concept of […]