Most nonprofit tax-exempt organizations are required to file annual tax returns with the IRS. Even though most tax-exempt nonprofit organizations do not pay ...

We are here to support you and your 2020 tax changes. Here is an overview of tax-related laws and information to help with tax planning for 2020. Early distr...

O'Donnell, Ficenec, Wills & Ferdig (OFWF) is pleased to announce that Annette Otteman has joined the firm as a CPA. Ms. Otteman is an AICPA Certified Public ...

The W-4 form that every employee fills out has been radically altered this year, and here is what you need to know about how the law has changed. The 2019 fo...

The Senate passed the CARES Act late last night. This bill still needs to be passed by the House of Representatives, a voice vote is scheduled for tomorrow. ...

If the thought of disposing the business is on your mind, you are not alone. More than 51% of all business owners are over 50 years old and many are starti...

Every business owner has heard the horror stories of someone who died unexpectedly, became disabled or incapacitated, watched their children who they expecte...

Few things are as dull and boring to the average business owner than hearing about estate and gift tax planning. If the purpose of business is to make money ...

Unless there is a Certified Public Accountant (CPA) out there still using an abacus, there probably isn’t an accountant in this country that does not use Qui...

O’Donnell, Ficenec, Wills & Ferdig, LLP is pleased to announce that Nabina Shrestha has joined the firm as a Senior Accountant. Nabina graduated from the Tru...

The typical small business uses a software accounting program like QUICKBOOKS to perform its accounting functions but if there ever was an example of “garbag...

O’Donnell, Ficenec, Wills & Ferdig, LLP is pleased to announce that Emma Perry has joined the firm as a Senior Accountant. Emma graduated from the University...

It is not unusual for a new retiree to have multiple accounts, including traditional retirement accounts, Roth accounts, and taxable savings or brokerage acc...

It is not unlikely that most people have seen or at least heard about a CSI or other crime mystery show in their lifetime. These shows generally have a run-t...

O’Donnell, Ficenec, Wills & Ferdig, LLP is pleased to announce that Jonathan Robertson has joined the firm as a Staff Accountant. A 2016 graduate from Peru S...

The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of business taxes. Income ...

Maintaining timely and accurate financial records is one of the most important responsibilities facing every nonprofit organization. Most Executive Directors...

November is Woman’s Small Business Month and November 19th is Woman’s Entrepreneurship Day and OFWF supports hundreds of women business owners by mentoring a...

We are pleased to introduce Maya Serhan. Maya joined our team as a Staff Accountant. Maya has a passion for learning and started her education to success wit...

Few things strike fear in the mind of employers like the word “audit” especially when used in connection with the modifiers “IRS”, “Department of Labor”, and...