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Are We Due a Market Correction?

Vector illustration in polygonal style. Financial graph background. Bull and bear with financial graph. Financial graph background.

June often marks a mid-year lull in the stock market, but with no hiatus yet, the stock market continues the rally that began when President Trump took office in November. As we head into the second-quarter earnings season, analysts are … Continue reading

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Reviewing Non­-Spouse IRA Beneficiary Rules

At the end of last year, Congress was considering tying up a tax revenue loophole known as the Stretch IRA. Currently, a traditional IRA can be passed from one generation to the next, thereby extending tax-deferred growth to a non-spousal … Continue reading

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2017 Social Security Changes

A HIGHER TAX CAP AND OTHER BIG CHANGES IN STORE FOR SOCIAL SECURITY IN 2017

The Social Security Administration (“SSA”), in its annual mid-October press release, announced some important changes to America’s most important social program for 2017, not the … Continue reading

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When Is an Accountant Better than Tax Software?

DESPITE ADVANCES IN TAX AND ACCOUNTING SOFTWARE TECHNOLOGY, WILL THEY EVER REPLACE THE VALUE OF YOUR TRUSTED ACCOUNTANT?

The question of man versus machine is not unique to the accounting profession, but practically speaking, tax software, accounting applications and your … Continue reading

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Get to Know Bob Jahelka

Bob C. Jahelka, CPA, CFF, PFSWhat is your full name?
Bob Jahelka

How many years have you been with DSJ?
35 Years

What is your title at DSJ?
Managing Partner

Where did you work prior to joining DSJ?
Touche Ross & Co Jahelka & Co … Continue reading

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7 Stocking Stuffer Tax Tips to Usher in the New Year

By now you are most likely deep in the throes of holiday planning, shopping and celebrating.  So, your 2015 tax return may be the furthest thing from your mind right now.  But you would be wise to be proactive about … Continue reading

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Is Cancellation Of Debt Haunting You With Phantom Income?

If you thought your money problems were solved when you settled your credit card debt, you might be in for a ghostly surprise.  For many with debt struggles, once the debt collector stops haunting you, the taxman comes trick-or-treating at … Continue reading

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Now Is The Time To Consider College Tax Credits For 2015 And Beyond

Now that your college students are finally squared away with school transportation, registration, books, supplies, class schedules and dormitory accommodations, it’s a good time to consider whether you will qualify for the various education-related tax benefits available when you file … Continue reading

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Determining Reasonable Salary for Owners of S Corporations

The IRS has long viewed the issue of S corporation employee-shareholder compensation as a hot topic; one that it has successfully pursued both through the courts and under audit in recent years. While there is no hard-and-fast rule to establish … Continue reading

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