Wright, Redden, & Associates, LLC

09/18/2023

https://blogs.claconnect.com/agribusiness/irs-places-temporary-pause-on-the-processing-of-erc-claims/?utm_campaign=irs-places-temporary-pause-on-the-processing-of-erc-claims&utm_medium=email&_hsmi=274581231&_hsenc=p2ANqtz-_lJCMFgFjftoXs5Q9yzIF81Wt81z55VGav6nmBOe8DMX-kN6q2sQRH34hBGAVGeK_wwBFbpR-_qmFo_EJ7UXdcutb4sw&utm_content=274581231&utm_source=hs_email

The IRS has paused processing of new Employee Retention Credit claims. We discuss what that means to those with claims in process and for those that have not yet submitted claims.

08/31/2022

Great news!

Jennifer Meek has joined our office as a tax accountant!

Born and raised in Coffeyville, Jennifer brings 10 years of tax experience and 20 years of accounting experience to our office. She says that helping others organize their business financials and sharing with them ideas on how to save or stretch their dollar is rewarding to her. For her, it’s like putting together a puzzle. Jennifer has 4 children and two grandchildren. Outside of work she enjoys adding onto her Koi Pond, watching birds and sunsets, checking cattle, watching her kids sports, loving on the grandbabies, and joyriding on her side by side. Jennifer can be reached at 620-251-6204 ext. 24 or [email protected].

04/08/2020

An employee made a stack of masks for Windsor Place and we’ve heard of multiple clients putting their sewing skills to use as well. We live in a great community. We’re in this together!

03/24/2020

Need to get us information? We have created a drop box just inside our front door.

03/20/2020

At Wright, Redden, and Associates, LLC we have made the decision to suspend all face-to-face contact with the public. We want to do our part to reduce the risks to our employees, our clients, and our community. Effective Monday, March 23rd our lobby will be closed to the public. Our employees will still be in office; working diligently to prepare your tax returns and take care of all your accounting needs. We are still available via phone and email. The lobby closure will be made on a week by week basis as we closely monitor the Covid19 outbreak.

09/06/2016

We've gained a new grand baby and daughter-in-law in the office family this year! It reminds us that in time of life changing events we need to review our retirement plan beneficiaries.

12/22/2015

The Internal Revenue Service announced that the nation’s tax season will begin on Tuesday, Jan. 19, 2016.

12/17/2015

Beginning on Jan. 1, 2016, the standard mileage rates for the use of an auto will be:

54 cents per mile for business miles driven, down from 57.5 cents for 2015
19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
14 cents per mile driven in service of charitable organizations

12/14/2015

Never designate your "estate" as the beneficiary of any employer-sponsored retirement plans or a Traditional IRA. In addition, only designate a trust designed to administer general estate assets (think real estate, non-qualified mutual funds, etc.) as a last resort because of some unique concern beyond tax planning.

12/13/2015

Check out the "Planning for Retirement" tool at http://www.consumerfinance.gov/retirement/before-you-claim/. It was designed to help people evaluate when to claim their Social Security retirement benefits

Enter your total work income before taxes and other deductions. If your work income is 0 (zero) because you are now retired or unemployed, enter the income for the last year in which you worked.

12/12/2015

Make 529 plan contributions for your children, your grandchildren or even yourself. A 529 plan provides a great way to save for college expenses. A contribution to a loved one’s 529 plan can be a great gift too, as it provides tax-free growth for college savings.
While 529 plan contributions are not federally tax deductible, Kansas offers a state tax deduction.

12/11/2015

Before 2016 arrives, spend any cash left in your flexible spending account. If you have a health FSA, you’ll probably want to spend that money before Dec. 31, as any unspent FSA money goes away at the end of each year.