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Phelps Transparency Article
Beneficial Ownership Interest (BOI) Reporting
General
7FD0F4FC 379E 44C4 96B2 2C39F1A35DF1
Education benefits help attract, retain and motivate your employees
General
85DAEE43 5C11 400B A584 5BD8BB1EE753
4 ways corporate business owners can help ensure their compensation is “reasonable”
General
036AD453 9B0A 4830 958E 653D60D3E7D3
Take advantage of the rehabilitation tax credit when altering or adding to business space!
General
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Retirement saving options for your small business: Keep it simple
General
2A80E660 7F76 48E3 9F70 A758CCB05312
The tax advantages of hiring your child this summer
General
A9F80AEE 1D60 442F 933D 1B35BF8A6805
Choosing an entity for your business? How about an S corporation?
General
FB400A80 B4BF 42CF 8B63 79394E881000
Protect the “ordinary and necessary” advertising expenses of your business
General
7939E2D8 08DF 45EB ABB9 5E5C22721966
Buying a new business vehicle? A heavy SUV is a tax-smart choice
General
Phelps Tax Financial Tax Services Wichita KS Home Sweet Home
Do you run a business from home? You may be able to deduct home office expenses
General
Phelps Tax Financial Tax Services Wichita KS Valuable Gifts
Key tax issues in M&A transactions
General
9FBEC977 C9BA 4279 B4B4 1F0F1C6E34B7
Have employees who receive tips? Here are the tax implications
General
Phelps Tax Financial Tax Services Wichita KS Inflation Reduction Act
The Inflation Reduction Act: what’s in it for you?
General
Phelps Tax Financial Tax Services Wichita KS Home Sweet Home
Home sweet home: Do you qualify for office deductions?
General
Phelps Tax Financial Tax Services Wichita KS Innocent Spouse Escape Tax Liability
An “innocent spouse” may be able to escape tax liability
General
Phelps Tax Financial Tax Services Wichita KS Is Your Withholding Adequate
Is your withholding adequate? Here’s how to check
General
Phelps Tax Financial Tax Services Wichita KS Tax Penalty On IRA Distributions
How to avoid the early withdrawal tax penalty on IRA distributions
General
Phelps Tax Financial Tax Services Wichita KS Kiddie Tax
The kiddie tax: Does it affect your family?
General
Phelps Tax Financial Tax Services Wichita KS Disability Income Benefits
How disability income benefits are taxed
General
Phelps Tax Financial Tax Services Wichita KS Vehicle Expenses
Vehicle expenses: Can individual taxpayers deduct them?
General
Phelps Tax Financial Tax Services Wichita KS Five Tax Implications Of Divorce
Five tax implications of divorce
General
Phelps Tax Financial Tax Services Wichita KS Your Estate Plan
Your estate plan: Don’t forget about income tax planning
General
Phelps Tax Financial Tax Services Wichita KS Social Security Benefits
Social Security benefits: Do you have to pay tax on them?
General
Phelps Tax Financial Tax Services Wichita KS Roth Conversion
Is it a good time for a Roth conversion?
General
Phelps Tax Financial Tax Services Wichita KS Series EE Savings
The ins and outs of Series EE savings bond taxation
General
Phelps Tax Financial Tax Services Wichita KS IRA Charitable Donations
IRA charitable donations: An alternative to taxable required distributions
General
Phelps Tax Financial Tax Services Wichita KS Caring For An Elderly Relative
Caring for an elderly relative? You may be eligible for tax breaks
General
Phelps Tax Financial Tax Services Wichita KS Valuable Gifts
Valuable gifts to charity may require an appraisal
General
Phelps Tax Financial Tax Services Wichita KS Want To Turn A Hobby Into A Business
Want to turn a hobby into a business? Watch out for the tax rules
General
Phelps Tax Financial Tax Services Wichita KS Converting Your Home Into A Rental Property
Thinking about converting your home into a rental property?
General
Phelps Tax Financial Tax Services Wichita KS Income In Respect Of A Decedent
When inheriting money, be aware of “income in respect of a decedent” issues
General
Phelps Tax Financial Tax Services Wichita KS The Ins And Outs Of IRAs
The Ins and Outs of IRAs
General
Phelps Tax Financial Tax Services Wichita KS ABLE Accounts
ABLE accounts may help disabled or blind family members
General
Phelps Tax Financial Tax Services Wichita KS Selling Your Home
If you’re selling your home, don’t forget about taxes
General
Phelps Tax Wichita CTA BG

Schedule an Appointment With Us

To schedule an appointment with Phelps Tax + Financial, you may contact us by phone at (316) 262-1900 or make an appointment online.

Schedule Online

Peace of Mind
Year-Round

Ask us about creating a custom services package based on the specific tax and financial needs of your business. For a reasonable monthly cost, we will take care of you year-round! Contact Us

Articles and News

The Latest Articles and News

Phelps Transparency Article
Beneficial Ownership Interest (BOI) Reporting
General
7FD0F4FC 379E 44C4 96B2 2C39F1A35DF1
Education benefits help attract, retain and motivate your employees
General
85DAEE43 5C11 400B A584 5BD8BB1EE753
4 ways corporate business owners can help ensure their compensation is “reasonable”
General
036AD453 9B0A 4830 958E 653D60D3E7D3
Take advantage of the rehabilitation tax credit when altering or adding to business space!
General
Placeholder Image
Retirement saving options for your small business: Keep it simple
General
2A80E660 7F76 48E3 9F70 A758CCB05312
The tax advantages of hiring your child this summer
General
A9F80AEE 1D60 442F 933D 1B35BF8A6805
Choosing an entity for your business? How about an S corporation?
General
FB400A80 B4BF 42CF 8B63 79394E881000
Protect the “ordinary and necessary” advertising expenses of your business
General
7939E2D8 08DF 45EB ABB9 5E5C22721966
Buying a new business vehicle? A heavy SUV is a tax-smart choice
General
Phelps Tax Financial Tax Services Wichita KS Home Sweet Home
Do you run a business from home? You may be able to deduct home office expenses
General
Phelps Tax Financial Tax Services Wichita KS Valuable Gifts
Key tax issues in M&A transactions
General
9FBEC977 C9BA 4279 B4B4 1F0F1C6E34B7
Have employees who receive tips? Here are the tax implications
General
Phelps Tax – Real Producers – Partner Spotlight – Featured
Real Producers: Partner Spotlight with Ryan Phelps
Phelps Tax + Financial Press
Phelps Tax Real Producers Beyond The Pages Featured Image
Wichita Real Producers Podcast
Phelps Tax + Financial Press
Phelps Tax – Ask The Expert – Featured
Ask the Expert by Ryan Phelps
Phelps Tax + Financial Press
Phelps Tax Financial Tax Services Wichita KS Inflation Reduction Act
The Inflation Reduction Act: what’s in it for you?
General
Phelps Tax Financial Tax Services Wichita KS Home Sweet Home
Home sweet home: Do you qualify for office deductions?
General
Phelps Tax Financial Tax Services Wichita KS Innocent Spouse Escape Tax Liability
An “innocent spouse” may be able to escape tax liability
General
Phelps Tax Financial Tax Services Wichita KS Is Your Withholding Adequate
Is your withholding adequate? Here’s how to check
General
Phelps Tax Financial Tax Services Wichita KS Tax Penalty On IRA Distributions
How to avoid the early withdrawal tax penalty on IRA distributions
General
Phelps Tax Financial Tax Services Wichita KS Kiddie Tax
The kiddie tax: Does it affect your family?
General
Phelps Tax Financial Tax Services Wichita KS Disability Income Benefits
How disability income benefits are taxed
General
Phelps Tax Financial Tax Services Wichita KS Vehicle Expenses
Vehicle expenses: Can individual taxpayers deduct them?
General
Phelps Tax Financial Tax Services Wichita KS Five Tax Implications Of Divorce
Five tax implications of divorce
General
Phelps Tax Financial Tax Services Wichita KS Your Estate Plan
Your estate plan: Don’t forget about income tax planning
General
Phelps Tax Financial Tax Services Wichita KS Social Security Benefits
Social Security benefits: Do you have to pay tax on them?
General
Phelps Tax Financial Tax Services Wichita KS Roth Conversion
Is it a good time for a Roth conversion?
General
Phelps Tax Financial Tax Services Wichita KS Series EE Savings
The ins and outs of Series EE savings bond taxation
General
Phelps Tax Financial Tax Services Wichita KS IRA Charitable Donations
IRA charitable donations: An alternative to taxable required distributions
General
Phelps Tax Financial Tax Services Wichita KS Caring For An Elderly Relative
Caring for an elderly relative? You may be eligible for tax breaks
General
Phelps Tax Financial Tax Services Wichita KS Valuable Gifts
Valuable gifts to charity may require an appraisal
General
Phelps Tax Financial Tax Services Wichita KS Want To Turn A Hobby Into A Business
Want to turn a hobby into a business? Watch out for the tax rules
General
Phelps Tax Financial Tax Services Wichita KS Converting Your Home Into A Rental Property
Thinking about converting your home into a rental property?
General
Phelps Tax Financial Tax Services Wichita KS Income In Respect Of A Decedent
When inheriting money, be aware of “income in respect of a decedent” issues
General
Phelps Tax Financial Tax Services Wichita KS The Ins And Outs Of IRAs
The Ins and Outs of IRAs
General
Phelps Tax Financial Tax Services Wichita KS ABLE Accounts
ABLE accounts may help disabled or blind family members
General
Phelps Tax Financial Tax Services Wichita KS Selling Your Home
If you’re selling your home, don’t forget about taxes
General
Phelps Tax Wichita CTA BG

Schedule an Appointment With Us

To schedule an appointment with Phelps Tax + Financial, you may contact us by phone at (316) 262-1900 or make an appointment online.

Schedule Online

Peace of Mind
Year-Round

Ask us about creating a custom services package based on the specific tax and financial needs of your business. For a reasonable monthly cost, we will take care of you year-round! Contact Us