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

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.