Jeremy Wells, EA, CPA

Jeremy Wells, EA, CPA Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Jeremy Wells, EA, CPA, Business consultant, 99 King Street Unit 592, Saint Augustine, FL.

You've been in the room.You've sat across from a client who got a 90-day letter and had no idea what it meant. You've na...
06/19/2026

You've been in the room.

You've sat across from a client who got a 90-day letter and had no idea what it meant. You've navigated CDP hearings, argued before Appeals, and pushed back on an ACS agent who didn't know the rules.

You've done the work. Now you're ready to share what you learned.

The EA Journal is calling for submissions for our Fall Issue on Representation.

Share what you know about Appeals, CDP hearings, Collection, Innocent Spouse, Tax Court practice, and more. If you've developed expertise in any corner of tax representation, this is your platform.

We welcome submissions from all tax professionals, including EAs, CPAs, attorneys, and financial advisors.

Submissions are due May 22. Send your ideas, outlines, or drafts to [email protected].

🎧 Have you listened to the Tax in Action podcast yet?⁉️ If not, what are you waiting for!?🧑‍💻 If you have, let me know i...
06/19/2026

🎧 Have you listened to the Tax in Action podcast yet?

⁉️ If not, what are you waiting for!?

🧑‍💻 If you have, let me know in the comments!

✅ And the best way to support the show is to rate and review in your podcast player of choice. Thanks!

🎧 Start listening here: https://tax.show/

Putting your vehicle in your business's name sounds like a straightforward tax win, but for most small business owners, ...
06/17/2026

Putting your vehicle in your business's name sounds like a straightforward tax win, but for most small business owners, it's probably the wrong move.

In the latest episode of Tax in Action, I walk through what actually determines whether a vehicle expense is deductible, and it's a lot more nuanced than the advice floating around social media would have you believe.

Here's what we cover:
🚙 Why most mileage logs are full of trips the IRS will disallow (the commute problem is bigger than most people realize)
🧾 How ownership, usage, and business-use percentage interact, and why all three matter before you make any decisions
📅 The substantiation rules under IRC Section 274 that can make or break your deduction
💸 Why accelerated depreciation on a business vehicle is essentially a bet on future business use, and what happens when that bet goes wrong
💼 How a drop in business-use percentage below 50% can trigger depreciation recapture that erases years of deductions
👷🏼‍♂️ Why an accountable plan often delivers the same tax benefit as business ownership, without the added cost and complexity

The best vehicle strategy isn't the one that maximizes this year's deduction. It's the one you can still defend—and that still makes financial sense—three years from now.

Link in comments ⤵️

🛑 Not every firm needs to scale.We’re told to➡️ “Grow your firm.”➡️ “Add staff, double revenue, build an empire.”But wha...
06/17/2026

🛑 Not every firm needs to scale.

We’re told to
➡️ “Grow your firm.”
➡️ “Add staff, double revenue, build an empire.”

But what if that’s not why you became a tax advisor?

On a recent episode of Growing Your Firm with Jetpack Workflow, I shared how

📈 I doubled my firm during the pandemic by adding staff, tripling client load, and scaling fast.
🤨 I ended up spending more time managing people than helping clients.
✅ I intentionally scaled back to align with why I entered this profession.

The takeaway?

✨ Growth is not the same as success.
✨ Scaling requires systems, SOPs, and energy that not every practitioner has.
✨ A well-run, high-value, intentionally small firm can be more profitable and fulfilling than a bloated, busy one.

Your firm can fit your life, not the other way around.

I'd love to hear your take.

🎥 Click here to watch: https://www.youtube.com/watch?v=StWoFQqR8-I

⏰ The refund statute of limitations: When time runs out ⏰Your client has a refund waiting. But the clock is ticking. And...
06/16/2026

⏰ The refund statute of limitations: When time runs out ⏰

Your client has a refund waiting. But the clock is ticking. And once the refund statute of limitations closes, that money is gone forever.

In the latest Tax in Action episode, I break down

📆 What the refund statute of limitations actually is (it’s not “three years from the due date”)
👀 How the lookback period controls how much can be refunded
💉 COVID-era traps that caught many taxpayers (and pros) off guard
😫 Rare exceptions like “financial disability” (and why they’re hard to claim)
🏛️ Lessons from the Hamilton v. US case

Don’t let time run out on your client’s refund. Understand these rules before amending returns or filing late returns.

🎧 Listen now: https://tax.show/6

A Florida surgeon lost $288,000 because his CPA failed to file three years of tax returns, and the courts said he couldn...
06/15/2026

A Florida surgeon lost $288,000 because his CPA failed to file three years of tax returns, and the courts said he couldn't blame the professional.

In the latest episode of Tax in Action, I break down the Wayne Lee case and what it reveals about taxpayer responsibility, even when working with professionals. The Supreme Court's position in US v. Boyle is clear: you cannot delegate filing and payment deadlines to a tax professional, no matter how much you trust them.

I walk through the critical differences between failure to file penalties (5% per month) and failure to pay penalties (0.5% per month), and why understanding this distinction matters so much for both taxpayers and practitioners. I also cover why an extension to file is never an extension to pay, a point that trips up countless taxpayers every year.

The episode also explores penalty relief options, including first time abatement and what actually qualifies as reasonable cause. Spoiler: reliance on a tax professional doesn't qualify, and the IRS applies its own administrative waivers before even considering statutory reasonable cause exceptions.

Whether you're a tax professional advising clients or a taxpayer trying to understand your obligations, this episode breaks down the penalties, the relief options, and the legal precedents that shape how the IRS and courts view taxpayer responsibility.

Link in comments ⤵️

Address

99 King Street Unit 592
Saint Augustine, FL
32085

Website

Alerts

Be the first to know and let us send you an email when Jeremy Wells, EA, CPA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category