October 2021

Going concern disclosures today

With the COVID-19 pandemic well into its second year and the start of planning for the upcoming audit season, you…

Vacation home: How is your tax bill affected if you rent it out?

If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the…

Is a Health Savings Account right for you?

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible…

10 financial statement areas to watch for COVID-related effects

The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature…

Selling a home: Will you owe tax on the profit?

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the…

Is it time to upgrade your accounting system?

Timely financial data is key to making informed business decisions. Unfortunately, it’s common for managers to struggle with their companies’…

Mitchell Wiggins expands staff

RICHMOND – Mitchell Wiggins, a full-service accounting firm based in Richmond, VA, has added six professionals to its staff.  We…