What is A Tax Projection and Why Is It Important?

A tax projection is an estimate of what you may owe when it’s time to file your taxes. At WFA, we provide quarterly and year-end tax projections for clients, considering historical data, future income, and relevant expenses. This helps you prepare for the upcoming tax...

What You Should Know About Digital Assets

What Are Digital Assets? Digital assets are any items that exist exclusively in a digital format, have inherent value, and are owned or controlled by an individual or organization. These assets are intangible, meaning they don’t have a physical counterpart, but they...

When should I pay my Real Estate Taxes?

The tax year in which you should pay your real estate taxes depends on which tax year you want to claim the related federal or state tax benefit. Generally, you claim the real estate tax expense in the year they are paid. General Guidelines: If you pay the taxes in...

What is Cybersecurity?

Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. Also known as information technology (IT) security, cybersecurity measures are designed to combat threats against networked systems and applications, whether...