Wilson Toellner CPA

Have you started saving for retirement yet? The earlier you start saving the better. If you aren't sure how you should get started, call Wilson Toellner CPA . We provide counseling and can answer questions you may have on retirement planning. Our CPAs at the Lake of the Ozarks are here to answer a few frequently asked questions on retirement planning. Retirement Planning FAQs Q: How can I estimate my retirement financial need? A: There are several retirement calculators online that you can use to help you to know how much money you estimate how much money you will need when you retire. We can also take a look at your current retirement plan and advise you on how to strategically plan to where your taxes are as low as they can be. Q: How will taxes impact my retirement funds? A: Traditional IRAs and 401Ks are subject to federal income tax. In some states, they are subject to state tax as well. If you withdraw from a traditional IRA before it's time to retire, t...

Setting financial goals is always a good idea, but how easy are they to reach? With a professional CPA firm at the Lake of the Ozarks at your back, you’ll be reaching your goals in no time. Here at Wilson Toellner CPA , we view every client relationship like a partnership. In order to properly help you, we need to get to know you. We believe that our success is a result of your success. There are several reasons why you would benefit from having a professional help you with your financial planning, especially a Wilson Toellner CPA . Saving up for big life events is important, but what’s even more important is to have a certified, trustworthy, and honest professional by your side. More often than not, getting your finances in order can be an intricate process. Having a professional to help guide you through the details and give you the best advice can give you peace of mind. Below are a few examples of financial goals someone might have and how we can help. Retirement Planning...

Wilson Toellner, CPA was founded in 1988 by Alan Wilson and Ron Toellner.  Ron and Alan envisioned a CPA firm that would be responsive to the needs of clients and the community. We pride ourselves on offering honest financial services to businesses and individuals who need it. We take the client relationships we have very seriously and we are passionate about continuing to build on each one we make. Our accounting firms in Mid-Missouri specialize in ongoing financial assistance and we have many clients who don't just see us once and leave, it's a continuous relationship. We are pleased to be able to say the firm has grown to four offices: Sedalia, Marshall, Lake Ozark, and Camdenton. Keep reading to learn where each of these offices is specifically located and how to contact each person in that particular office. Our Four Conveniently Located CPA Firms Sedalia 2700 Matthew Dr. Sedalia, MO 65301 Main Number 660-827-4990 Fax 660-826-3325 Contacts Alaina Gump, CP...

Running a small business can take a lot of time and energy. It doesn't hurt to ask for help when you need it, whether it be your monthly bookkeeping, property recordkeeping, or payroll services. These various administrative duties can add up after a while and a professional  CPA firm at the Lake of the Ozarks that can handle all of these services and more can really come in handy. Wilson Toellner CPA specializes in assisting small businesses with monthly financials. To learn more about the services we provide to small businesses, visit our website at www.WTCPA.com . To contact one of our four conveniently located firms, please call the phone number associated with the specific firm closest to you. All of the phone numbers and firms are listed and the end of this blog. Keep reading for reasons to have a professional CPA firm help your small business. Reasons to Have a Professional CPA Firm Help Your Small Business Reason #1 Save time. Certain administrative duties t...

There are many college graduations happening this weekend and education may be on your mind. Did you know that there are tax benefits for which you may be eligible if you are paying education expenses for yourself or an immediate member of your family? In the rush to claim one of two education tax credits or the higher-education expense deduction, IRS statistics indicate that a more modest yet still significant tax break is often being overlooked: the higher education student-loan interest deduction. If you would like assistance deducting your student loan interest, call Wilson Toellner CPA . Our accountants at the Lake of the Ozarks are happy to help you with any question you may have about tax deductions. Keep reading to learn more about deducting student loan interest. How Do I Deduct Student Loan Interest? The student loan interest deduction for 2006 was the smaller of $2,500 or the amount of interest paid. The deduction amount may be gradually reduced or eliminated ba...

If you own a vacation home, you may be considering whether renting the property for some of the time could come with big tax breaks. More and more vacation homeowners are renting their property. But while renting your vacation home can help defray costs and provide certain tax benefits, it also may raise some complex tax issues. If you are a vacation homeowner at the Lake and would like to know how to go about doing your taxes in regard to your vacation home, call Wilson Toellner CPA . Our accountants at the Lake of the Ozarks will sit with you and help you find the best way to go about this important process. Keep reading for further information on writing off your vacation home taxes. Will Renting My Vacation Home Mean Big Tax Write-Offs? Determining whether to use your vacation home as a rental property, maintain it for your own personal use, or both means different tax consequences. How often will you rent your home? How often will you and your family use it? How long will...