Wharton CPA, PLLC

09/28/2026

Apple’s latest tax figures reveal a surprising twist: nearly 40% of its global income tax went to just one country—Ireland. But the big number isn’t what it seems. Discover what’s behind the $17.1B payment and the key lesson it holds for businesses of any size. Read now.

Apple's global income tax payments for the fiscal year ending in September 2025 reached an astonishing $43.2 billion. Even more striking is where that money landed: nearly 40% of the total was paid to a single country, Ireland.

09/28/2026

Is your “limited partner” income really protected from self-employment tax? Recent court rulings don’t agree—and the answer could impact your tax bill more than you think. Read now to see what this means for business owners and how to plan ahead before year-end.

For years, taxpayers and practitioners alike have treated the "limited partner" designation as a potential shield against self-employment tax. Today, however, relying on that simple phrasing to protect your income has become a much more complicated issue.

09/28/2026

Recent Tax Court and Fifth Circuit rulings create uncertainty around when a limited partner’s income may be subject to self-employment tax. Learn what tax professionals need to know.

09/24/2026

"Look at all my stuff. Look at all my beautiful stuff, man." That's basically what accounting is; people measuring themselves by the numbers on their spreadsheet.

And the foundation of all of it? Assets equal liabilities plus equity. That little equation flows through to your financial statements, which determine your taxes.

So yeah, my whole profession exists because humans love showing off their stuff. 🤷‍♂️

Interested in hearing more check out my You Tube channel (link in bio)

09/23/2026

Big news for business owners: federal BOI reporting is officially off the federal checklist for most U.S. companies. But there’s one important exception you don’t want to miss. Find out what changed, what still applies, and how to clean up your compliance calendar. Read now.

For millions of U.S. business owners, the long-running uncertainty over federal beneficial ownership information reporting has finally reached a much clearer conclusion.

09/23/2026

09/22/2026

Good books equal good records equal you're paying your actual share in taxes. Now if you wanna stick it to the man — more power to you. Stick it to the freaking man. But most of us don't want to test the IRS. Me being one of them. I like my peace of mind, and I like sleeping at night. 😴💰

Want to hear more?
check out my YouTube channel- Link in bio

09/22/2026

Q4 is the best time to get your QuickBooks file in shape before year-end deadlines hit. From reconciling accounts to cleaning up vendor records and planning taxes early, a little prep now can save a lot of stress later. Find out the 7 key tasks to tackle before December.

The final quarter of the year has a way of arriving faster than expected. For busy business owners, this is the ideal window to review your QuickBooks file before holiday schedules, year-end deadlines, tax planning, and 1099 preparation begin competing for your attention. Waiting until December—or...

09/21/2026

October tax deadlines can sneak up fast — and one missed date can mean penalties. From corporate returns to payroll deposits and retirement plan contributions, here’s what businesses and self-employed individuals need to know this month. Check it out and stay ahead of the deadline.

October brings a critical round of tax deadlines for businesses and self-employed individuals. Whether you run a construction company in North Idaho or operate a nationwide digital business, taking a moment to review upcoming filing, payroll tax deposit, and retirement plan deadlines ensures you sta...

09/21/2026

October tax deadlines are here—and missing just one could cost you. From extended 2025 returns to foreign account reporting and tip income rules, now’s the time to stay ahead. Read now to make sure nothing slips through the cracks.

October brings several important tax deadlines for individuals, marking the final push for extended 2025 income tax returns and foreign financial account reporting. For many of the smart, time-strapped clients we serve at Wharton CPA—whether here in North Idaho or nationwide—staying ahead of the...