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

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

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 ...

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

Tax season is approaching quickly. It is the time to wrap up the year and collect reports and documentations needed for your tax preparer. To make things sm...

Recent tax reform has changed the tax code to our individual taxes and it presents the biggest change to taxes since the 1980s. There has been a lot of disc...

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

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

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

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

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 Wohlner’s grocery st...

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

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 your paycheck. Here’s...

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 less than one year. ...