WCG Bizcast
21 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 1 ratingWCG Inc. (formerly the Watson CPA Group) is a progressive tax and consultation firm in Colorado Springs providing nationwide advice to taxpayers and business owners.
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Episodes
CRNA: Tax Deductions | WCG Inc. | Bizcast
October 17, 2022 03:19 - 26 minutes - 24.3 MBJason Watson, CPA, Joseph Bassett, EA, and Megan Oeltjenbruns, CPA, run through the common tax deductions that a CRNA can use as a 1099 contractor. What can be a business deduction and the rules that apply to getting that deduction. Related Blog Posts: https://wcginc.com/kb/home-office-deduction/ https://wcginc.com/kb/tax-free-rental-of-your-home/ https://wcginc.com/kb/automobiles-and-llcs-s-corps/ https://wcginc.com/business-services/s-corp-salary/ Visit WCG today at: https://wcginc.com/ ...
CRNA: State Issues | WCG Inc. | Bizcast
October 17, 2022 03:19 - 19 minutes - 17.5 MBJason Watson, CPA, Joseph Bassett, EA, and Megan Oeltjenbruns, CPA, continue their discussion on the CRNA industry. How doing business differs depending on the state you have your business registered in and where you do your business. The impact a state could have on your income taxes and payroll processing too. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https:/...
CRNA: W-2 and 1099 | WCG Inc. | Bizcast
October 17, 2022 03:19 - 8 minutes - 7.38 MBJason Watson, CPA, Joseph Bassett, EA, and Megan Oeltjenbruns, CPA, discuss who a CRNA is and their industry. They break down the differences between a CRNA being a 1099 contractor or a W-2 employee and which gives a CRNA more money and more deductions. Related Blog Post: https://wcginc.com/business-formation-services/s-corp-election/ Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/w...
CRNA: Business Entity Matters | WCG Inc. | Bizcast
October 17, 2022 03:19 - 12 minutes - 11.7 MBJason Watson, CPA, Joseph Bassett, EA, and Megan Oeltjenbruns, CPA, talk about the type of business entity a CRNA should be set up as and why some states are easier than others to set up your business. The benefits of the S-Election.Why you could be wearing two hats now and how the election factors into your income. Related Blog Post: https://wcginc.com/kb/basic-business-entities/ Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA...
Our Ideal Client Relationships
July 15, 2021 20:14 - 20 minutes - 19.2 MBJason Watson, CPA, Jason Schneider, CPA, and Megan Oeltjenbruns, CPA, wrap up our series of bizcasts discussing WCG and what we have to offer those looking to join our team. They discuss the type of client engagements we are seeking as a firm. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https://twitter.com/wcginccpa ► Instagram: https://www.instagram.com/wcginc...
Culture at WCG
July 15, 2021 20:13 - 17 minutes - 16.3 MBJason Watson, CPA, Jason Schneider, CPA, and Megan Oeltjenbruns, CPA, discuss the culture at WCG for prospective employees looking for a new work family. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https://twitter.com/wcginccpa ► Instagram: https://www.instagram.com/wcginccpa/
Challenges at WCG
July 15, 2021 20:11 - 17 minutes - 16 MBJason Watson, CPA, Jason Schneider, CPA, and Megan Oeltjenbruns, CPA, discuss the challenges of our firm faces, internally and systemically, and why we are excited about them. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https://twitter.com/wcginccpa ► Instagram: https://www.instagram.com/wcginccpa/
How to be Successful at WCG
July 15, 2021 20:08 - 15 minutes - 14.6 MBJason Watson, CPA, Jason Schneider, CPA, and Megan Oeltjenbruns, CPA, discuss what it takes to be successful at WCG and the positions that we are seeking to fill. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https://twitter.com/wcginccpa ► Instagram: https://www.instagram.com/wcginccpa/
Life and Leadership at WCG
July 15, 2021 20:06 - 17 minutes - 16 MBJason Watson, CPA, Jason Schneider, CPA and Megan Oeltjenbruns, CPA, discuss life at WCG. The leadership WCG is looking for and how two of our newest leaders have adapted to the merging of two CPA firms in the last year. Visit WCG today at: https://wcginc.com/ --- Find us Online! ► Facebook: https://www.facebook.com/WCGIncCPA/ ► LinkedIn: https://www.linkedin.com/company/wcginc ► Twitter: https://twitter.com/wcginccpa ► Instagram: https://www.instagram.com/wcginccpa/
Bourbon and Business | Business Tax Deductions Part 2
January 07, 2020 16:51 - 21 minutes - 19.8 MB00;00;14;09 [Jason]: Jason Watson with WCG Incorporated here in Colorado Springs, we're a local tax and accounting firm. Joined by Rachael Weber and Joseph Bassett, both tax professionals for us. We're also hosted by Axe and the Oak here in Colorado Springs, they've been gracious enough to open up early for us, part of our Bourbon and Business 00;00;31;29 series, podcasts and videos. We just got done wrapping up a video and podcast on some of the bigger deductions that we see, cars, ...
Bourbon and Business | Business Tax Deductions Part 1
January 07, 2020 16:51 - 22 minutes - 20.7 MBIn this episode of our Bourbon and Business series, Jason Watson, CPA, sits down with Rachael Weber and Joseph Bassett of WCG Inc (formerly Watson CPA Group) to chat about our favorite part of tax season - tax deductions! The three most popular being car, meals, and travel deductions for both personal and business use. Stay tuned for part 2 of Business Tax Deductions, where we delve into the "odds and ends" deductions like your home office and country club dues! This material is based on c...
Bourbon and Business | Business Financial Planning Part 2
December 30, 2019 12:00 - 24 minutes - 22 MBIn this second segment on Business Financial Planning, Jason Watson, CPA, sits down with Bud Rainsberger of RWA Partners in Colorado Springs to continue their discussion about when, why, and how to sell your small business. Bud explains the importance of understanding your motivation for selling, and, he touches on the emotionality of the decision and how it can impact your personal and professional life going forward. Special thanks go to Axe and the Oak Distillery for graciously hosting ou...
Bourbon and Business | Business Financial Planning Part 1
December 23, 2019 12:00 - 24 minutes - 22.8 MBIn this first segment about Business Financial Planning, Jason Watson, CPA, sits down with Bud Rainsberger of RWA Partners in Colorado Springs to discuss the importance of having a well-defined plan for your business investments. Topics covered include; when to sell or not sell your business, how much cash are you taking out of the business, and how personal interests can compete with business interests. Special thanks go to Axe and the Oak Distillery for graciously hosting our Bourbon and B...
Bourbon and Business | Marijuana Banking
December 23, 2019 11:00 - 18 minutes - 16.5 MBIn this Bourbon and Business podcast episode, Jason Watson, CPA, and Quentin Leighty, President of First National Bank in Monument, Colorado, discuss the controversial issue of Marijuana Banking. Quentin sheds light on the gray areas of banking regulations at the Federal and State level, and, offers insight about the recently passed SAFE Banking Act, which protects financial institutions in legalized states that want to offer banking services to MMJ businesses. Special Thanks to Axe and the ...
Bourbon and Business | Business Banking Part 2
December 16, 2019 12:00 - 27 minutes - 25.3 MBIn segment #2 of Business Banking, Jason Watson, CPA, and Quentin Leighty, President of First National Bank in Monument, Colorado, continue their discussion about how to qualify for small business loans. Topics in this episode cover basic business lending options including collateralization, business acquisition lending, IRA loans, and SBA loans. Special thanks to Axe and the Oak Distillery for hosting our Bourbon and Business podcast series!! This material is based on content from our webs...
Bourbon and Business | Business Banking Part 1
December 09, 2019 12:00 - 11 minutes - 10.5 MBIn this first segment about Business Banking, Jason Watson, CPA sits down with Quentin Leighty, President of First National Bank in Monument, Colorado, to discuss the pros of small business owners utilizing community banking vs. going to the "big banks" to finance a business and the perks of relationship-based models for banking. Special thanks go to Axe and the Oak Distillery for graciously hosting our Bourbon and Business podcast series! This material is based on content from our website ...
Tax Preparation Process
October 26, 2019 21:34 - 34 minutes - 31.6 MBJason Watson, CPA, of WCG Inc. (formerly the Watson CPA Group) with Amanda Rowles and Joseph Bassett discuss WCG's tax preparation process including safely handling your tax documents through our secure client portal and checklists to ensure completeness. They also discuss the turn-around time and how WCG interfaces with the client for missing information or clarifications. The episode concludes with tax return reviews, tax filing deadlines and tax return extensions. This material is based...
Operating Your S Corporation
October 26, 2019 21:19 - 36 minutes - 33.3 MBJason Watson, CPA, of WCG Inc. (formerly the Watson CPA Group) with Amanda Rowles and Joseph Bassett discuss the housekeeping of operating an S Corporation. Issues reviewed are tax planning including all household income sources ending in mock tax returns. They also discuss Periodic Business Reviews (PBRs) and WCG's model of unlimited business consultation. They also review the tax filing deadlines for business returns (S Corps and Partnerships are March 15 whereas C Corporations are April ...
Late S Corp Election
October 26, 2019 21:06 - 28 minutes - 26.4 MBJason Watson, CPA, of WCG Inc. (formerly the Watson CPA Group) with Amanda Rowles and Joseph Bassett review the S Corp benefits, reduction of self-employment taxes and the whole S Corp vs LLC discussion. But! The crux of this episode is how to retroactively file for a late S Corp election using Form 2553 and IRS Rev Proc 2013-30. Then this episode discusses the timing of the late S Corp election and how it impacts tax return filing deadlines, extensions, late payroll events, and other pitfa...
S Corp Election
October 26, 2019 20:50 - 33 minutes - 31.1 MBJason Watson, CPA, of WCG Inc. (formerly the Watson CPA Group) with Amanda Rowles and Joseph Bassett discuss the S Corp tax benefits versus the garden-variety LLC. The S Corp vs LLC discussion starts with general S Corp benefits, but does a deeper dive into reducing self-employment taxes and lowering audit rate risk. They also review the Does It Make Sense questions such as- Does your business earn over $30,000 net income after expenses? Say Yes. Are you located in New York City or Tennes...
Entity Formations and Considerations
September 26, 2019 17:10 - 34 minutes - 31.6 MBThe Entity Formations and Considerations podcast by WCG Inc. (formerly the Watson CPA Group) explores basic business entity considerations such physical nexus, economic nexus, LLCs versus corporations, and how this impacts professionals such as attorneys, physicians, accountants, engineers, etc. plus adding other members such as a spouse or children. We also touch lightly on the benefits of an S Corp but we also have a full-blown podcast on that topic alone (stay tuned). This podcast pulls ...