Wright Ford Young & Co. is pleased to welcome Tim Smith as its newest Audit Partner. The firm practices a full spectrum of accounting services for closely held companies and family business owners, including audit, tax, estates and trusts, and business consulting. Tim began his accounting career with a large international firm, where he spent 12 years serving a diverse client base ranging from closely held family-owned companies to large public corporations. Over the course of his career, he has developed extensive industry expertise in manufacturing and distribution, retail, consumer products, professional services, and construction industries. He has significant experienced
Read More
Monthly Archives May 2026
8 Key Strategies to Implement for Your Mid-Year Tax Planning in 2026
By mid-2026, taxpayers have a valuable—yet often underutilized—opportunity to reassess their financial position and make proactive decisions that can materially impact their year-end tax outcome. Waiting until Q4 (or worse, filing season) limits your options. Effective mid-year tax planning is about using real-time data to optimize cash flow, reduce liabilities, and avoid surprises. Below is a structured approach to making the most of your mid-year tax review. Key Areas to Evaluate Income and Tax Bracket Management Start with a projection of total 2026 income: W-2 wages Business or self-employment income Investment and capital gains Rental income Planning opportunities: Accelerate or
Read More