Business planning is a 12-month activity and year-round process. Throughout the year, individuals and businesses evaluate past and future strategies. Dedicated to building stronger client relationships, we monitor federal and state regulatory issues impacting individuals and businesses.

February 22, 2024 by WP+D

2024 GCU Spring Meet the Firms

Wallace Plese + Dreher attended Grand Canyon University (GCU), Colangelo College of Business, Meet the Firms, on February 6, 2024. The Firm’s recruiting team, Nathan Nicholes and Nate Salazar, attended the event.

February 8, 2024 by WP+D

Employee Announcements Firm Culture Workplace culture

Meet Wallace Plese + Dreher’s Tax Interns

Wallace Plese + Dreher welcomes tax interns Kitana Apante, Erica Masuyama, and Ryan Xie.

February 2, 2024 by WP+D

IRS IRS Updates

IRS Resuming Collections

The government gave taxpayers a break during the pandemic and paused sending collection notices. Collection notices are resuming in 2024.

January 3, 2024 by WP+D

Employee Announcements Employee Promotions Firm Culture Workplace culture

Hannah J. Oglesby, CPA, CFP®Elected to Partner

Wallace Plese + Dreher (WP+D) elected Hannah J. Oglesby, CPA, CFP® to partner, effective January 1, 2024, bringing the Firm’s total partners to ten.

December 28, 2023 by WP+D

Employee Announcements Employee Promotions Firm Culture Workplace culture

2024 Wallace Plese + Dreher Promotes Employees

Effective January 1, 2024, Wallace Plese + Dreher promoted several employees with diverse backgrounds and experience.

December 19, 2023 by WP+D

2024 Flexible Spending Flexible Spending Accounts Tax planning

2024 FSA Contribution Limit Increases

For 2024, there is a $150 increase to the Flexible Spending Account (FSA) contribution limit. Throughout the year, taxpayers can use FSA funds for qualified medical expenses not covered by their health plan.

December 19, 2023 by WP+D

2024 Standard Mileage

2024 Mileage Rates

The IRS issued the 2024 optional standard mileage rates used to calculate deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

December 11, 2023 by WP+D

Allison Lynn Dozbaba, CPA Firm Culture Firm Gatherings Randy G. Brammer, CPA Steven P. Pace, CPA Workplace culture

Holiday Celebration Fairmont Scottsdale Princess

Wallace Plese + Dreher hosted its annual holiday party at the Fairmont Scottsdale Princess.

December 1, 2023 by WP+D

2023 Year-End Tax Planning Business deductions Business Management Tax planning

Year-End Business Tax Planning Employee Bonuses

Would you like to reward your employees with a year-end bonus and deduct the bonuses on your company’s 2023 tax returns?

November 15, 2023 by WP+D

2024 Tax Alternative minimum tax AMT Earned Income Tax Credit EITC Standard deduction TCJA

2024 Tax Year Adjustments

The IRS issued tax adjustments for tax year 2024, which applies to income tax returns filed in 2025, including the standard deduction for married couples filing jointly for tax year 2024, Alternative Minimum Tax (AMT) exemption, and Earned Income Tax Credit (EITC).