Tom Wheelwright | Page 2
CPA, Author and Founder and CEO of WealthAbility
Entrepreneur Leadership Network® Contributor
Tom Wheelwright is a leading tax and wealth expert, CPA and author of "Tax-Free Wealth." As the CEO of WealthAbility®, Wheelwright helps entrepreneurs and investors build wealth through practical strategies that permanently reduce taxes.
More From Tom Wheelwright
Business Accounting
Small-Business Owners, Here’s What You Need to Do to Reduce Your Taxes During Biden’s Presidency
Proactive tax planning will be the key to saving thousands in the coming year.
Business Accounting
How Will the Biden Tax Plan Affect Your Small Business?
Here's what the Biden tax plan would mean to a successful small business owner.
Business Accounting
4 Ways You Can Reduce Your Taxes Like President Trump
You don't have to make millions to eliminate taxes.
Business Accounting
What You Can Do Right Now to Make 2021 Your Best Tax Year Ever
Set yourself up to be in the best tax position possible.
Business Accounting
The Stock Market Is a (Legal) Ponzi Scheme
Stop depending on the stock market and take control of your money with these investment alternatives.
Business Accounting
Is Joe Biden’s Tax Plan Bad for Business?
Here are six reasons Joe Biden's proposed tax plan has some business leaders concerned.
Business Accounting
3 Federal Loan Programs You Can Take Advantage of Right Now
Set up your business to survive this pandemic and future crises.
Business Accounting
Four Ways to Reduce Your Taxes by July 15
Put money in your pocket when you need it most.
Business Accounting
5 Questions Entrepreneurs Should Ask Their CPAs to Reduce Audit Risk
You don't need to approach this spring in fear of the IRS.
Business Accounting
5 Year-End Charity-Donation Questions for Your CPA
Ask your accountant what organizations qualify, how to give and what documentation is needed.
Business Accounting
9 Year-End Ways to Maximize New Tax-Law Deductions
Ask your CPA these questions to avoid misunderstandings.
Business Accounting
7 Steps to Reduce Your Taxes by 10-40% Permanently
These tactics can can add up to millions in tax savings over a lifetime.
Business Accounting
5 Ways That Billionaire Warren Buffett Pays a Lower Tax Rate Than His Secretary
How Warren Buffett navigates the taxes on his income.
Brick & Mortar
9 Airbnb Rental Tax Deductions You Can Take for Your Vacation Properties
Maximize your short-term rental tax savings with the new federal deductions and the 14-day rule.
Business Accounting
How the Top Five 2020 Democratic Candidates’ Tax Plans May Impact Entrepreneurs
It's important to educate ourselves about the proposals of Biden, Sanders, Warren, Harris and Buttigieg -- vs. those of the GOP.
Business Accounting
The 3 New Tax Law Deductions You Probably Missed This Tax Season
Entrepreneurs can "save way more money and pay way less taxes" in 2019. But first they have to understand the new deductions.
Business Accounting
April 15 Is Almost Here! Here Are the 6 Tax-Filing Questions Entrepreneurs Should Ask Tax Preparers Now.
Extensions? Home office? Automobiles? Inventory? Real estate deductions? Find out the new tax law affects your bottom line.
Business Accounting
5 Legal Deductions for Entrepreneurs With the New Tax Law’s ‘Consumption’ Approach
Here's how to maximize your business deductions for inventory, automobiles, equipment, real estate and energy.
Business Accounting
Why Entrepreneurs in 2019 Should Play the ‘Chess’ Version of Taxes, Not the ‘Checkers’ One
Before embarking on this year's game of taxes, review your strategy so that every transaction puts money back into your pocket.
Business Accounting
6 Misunderstood Business Tax Deductions for Your 2018 Year-End Planning
This is the first year that the new Tax Cuts and Jobs Act of 2017 will impact your tax returns. So, give your tax advisor a call.
Business Accounting
6 Year-End Tax-Planning Questions Entrepreneurs Should Ask to Maximize Their 2018 Savings
You can realize big savings if you understand the details about the Tax Cuts and Jobs Act of 2017. So, don't wait until year's end.
Business Accounting
How Entrepreneurs Can Significantly Reduce 2018 Taxes by Choosing the Right Business Entity
Move now to evaluate your filing options as: 1) a self-employed individual; 2) an S Corp; 3) a C Corp; or 4) an LLC
Business Accounting
How Will the ‘Wayfair’ Supreme Court Decision Affect Retailers? 5 Ways.
While major retailers like Amazon, Target and Walgreens may see little impact, it's small businesses that need to pay more attention to these changes.
Business Accounting
How Amazon and Entrepreneurs Can Pay Zero Federal Income Tax, and Do So Legally
To learn how they, too, can pay no taxes, entrepreneurs should closely review all the things the government wants them to do.
Business Accounting
How You Can Deduct That New Car — up to 100 Percent! — on Your 2017 Tax Returns
The Trump tax plan offers deductions for SUVs, trucks and passenger cars.
Business Accounting
5 Tax-Deduction Changes in the Trump Tax Plan You Need to Know About This Tax Year
Deduction changes are coming for meals and entertainment, business automobiles, mortgage interest, alimony and medical expenses.
Business Accounting
5 Reasons Entrepreneurs Should Hire Their Children
Tax breaks help you afford to be the family hero.
Business Accounting
5 Tips for Finding the Tax Advisor Who Will Save You Millions
Death and taxes remain certainties but there is a lot you can do to live longer and pay less.
Business Accounting
5 Legal Tax Deductions Small Business Can Maximize
Entrepreneurs can increase cash flow by using these tax incentives.
