After building a successful business, many business owners decide that they want to transfer their ownership to their children or key emp...

There are many employers that use tuition reimbursement plans to help attract and retain employees. Even if you own a small business you ...

Most nonprofit tax-exempt organizations are required to file annual tax returns with the IRS. Even though most tax-exempt nonprofit organ...

Estate taxes commonly referred to as “death taxes” are taxes imposed on property at the time of the property owner’s death. Estate taxes ...

Tax season is approaching quickly. It is the time to wrap up the year and collect reports and documentations needed for your tax prepare...

Recent tax reform has changed the tax code to our individual taxes and it presents the biggest change to taxes since the 1980s. There ha...

The type of business you operate usually determines what taxes you must pay and how you pay them. The following are the five general type...

Bill Pieper was introduced to OFWF in 1997 after having just arrived in Omaha from Atlanta. “Greg Harr was a parishioner at St. Vincent D...

The new tax law has implemented a fantastic depreciation break for vehicles used for business. For both new and used passenger vehicles t...

"Steve and I are blessed to have successful careers. Identifying partners to help us navigate through financial planning and tax implicat...

They did not want to look back and question WHAT IF? So, in 1996 Jeff and Laura Kilborn decided to take ownership of the pharmacy inside ...

OFWF was recommended, by his banker, over 20 years ago to Dan Stava, President, General Stamping. Dan was looking for a capable firm to h...

The IRS has released an updated tax calculator and W-4 form. Use these tools to make sure you have the right amount of tax taken out of y...

Fixed assets are long-term items that add value to your business. They are tangible items that you do not expect to convert into cash in ...