Wharton CPA, PLLC

08/12/2026

Somebody asked me the other day what the difference is between a CPA who just "does your taxes" and one who actually advises you.

Fair question.

Compliance is making sure you file correctly and on time.
The paperwork side.

Advisory is the conversation before that.
➡️Should you be an S-corp yet?
➡️Are you setting aside enough for next year?
➡️Is there a deduction you're leaving on the table?

We do both, but the advisory side is where we actually help you keep more of what you earn.

If all your CPA does is file your return once a year, you're missing half the value.

What's one money question you wish your accountant asked you? 👇

08/11/2026

Learn how cryptocurrency is taxed, including selling, spending, mining, staking, crypto payments, charitable donations, capital gains, and IRS reporting.

Cryptocurrency has moved from a niche topic for tech enthusiasts into everyday life. People use it to invest, to pay for goods and services, to receive compensation, to earn rewards, and even to donate to charity. But despite the “digital money” label, cryptocurrency is not taxed like cash in mo...

08/10/2026

Bookkeeping used to mean a shoebox of receipts and a spreadsheet you dreaded opening.

Not anymore.

These days we're plugging your bank feeds straight into your books, catching errors in real time, and giving you numbers you can actually trust, not just numbers you hope are right.

Less time chasing paper, more time actually knowing where your business stands. That's the whole point.

If your bookkeeping still feels like a mess, let's talk about cleaning it up the modern way. 💻

Give me a call at 208-255-1551 to schedule an appointment!

08/10/2026

If you have to repay income that you previously reported and paid taxes on, you may qualify for some tax relief in the repayment year called "Claim of Right." Watch this video for details.

08/05/2026

Quick question for our Bonners Ferry community

When you think about your finances or taxes, what's the first feeling that comes to mind?

😬 Stressed
😐 Confused
😌 Pretty good actually
🙋 I need help

We ask because we hear "stressed" and "confused" more than anything else — and honestly, it doesn't have to be that way. A good CPA shouldn't just file your taxes. They should help your numbers make sense and work for you.

Drop your answer below we'd love to know where you're at!

📍 Wharton CPA PLLC 6653 Main St. Bonners Ferry, Idaho
📱 208-255-1551

08/04/2026

If you own a business, here's a question worth sitting with today:

What happens to everything you've built if something happens to you tomorrow?

It's not a fun thing to think about — but succession planning is one of the most important things a business owner can do for their family and their team. And most people wait too long to start.

I just shared a full guide on our website walking through how to protect your company, your family, and the tax outcome when it's time to transition. I'd encourage every business owner in our community to give it a read.

For many business owners, succession planning is one of the most important decisions they will ever make, yet it is often delayed until the owner is nearing retirement, facing health problems, or reacting to a crisis. That is usually too late. A good succession plan does far more than name a success...

07/29/2026

Curious about the new Trump Accounts that came with the Big Beautiful Bill?

Check out the video below. ⬇

Have more questions? Email me at [email protected]

07/29/2026

Can I be honest about something? ☀️

Summer in Bonners Ferry is stunning (minus the smoke). And it's also the time of year when small business books go completely off the rails.

Tourism picks up. Jobs stack up. Bookkeeping falls apart because everyone's too busy.

Then January arrives, and the catch-up takes three times as long as staying current would have.

If your books are already slipping this summer — let's fix it NOW, not later.💸

Be honest in the comments: are your books current right now, or is summer doing a number on them? 📊 or 😬 👇

📞 (208) 255-1551 | whartoncpa.com/appointments

07/28/2026

Here are the August 2026 Business Due Dates

August brings several important federal tax deadlines for businesses. Review the due dates below to help ensure your payroll tax deposits and required filings are completed on time and avoid unnecessary penalties.August 10 - Social Security, Medicare and Withheld Income TaxFile Form 941 for the seco...

07/28/2026

Bonners Ferry business owners,

What's one thing you wish you'd known before you started your business?

Could be anything: money, clients, time, people. Drop it below. 👇