Employee Spotlight – Evan Benevento

Congratulations to our 2018 fourth quarter Employee of the Quarter, Evan Benevento! Evan started with Wheeler in 2018 and is based in the Watsonville office; in his first year with the firm, he has become a huge asset to the Wheeler Team. Evan has been focused on...

Five Facts about the Opportunity Zone Tax Incentive

Providing tax benefits to investors who invest eligible capital into distressed communities throughout the U.S. and its possessions, Qualified Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation....
Avoiding the Penalty on Early Distributions

Avoiding the Penalty on Early Distributions

Many people use IRAs, SEP Plans, SIMPLE IRA plans, and employee-sponsored retirement savings plans such as the 401(k) to save money for their retirement years, but what if you need to tap that money before age 59 1/2? The bad news is that you generally have to pay a...

Tax Filing Season Begins

January 28, 2019, marked the start of this year’s tax filing season, and it’s the first time taxpayers will be filing under the new tax reform laws, most of which became effective in 2018. Complicating matters is a newly revised Form 1040, U.S. Individual...