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Wisconsin: Maximize Your Tax Savings with the Top CPA in the state

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Why are online CPAs a better option in Wisconsin ?

Anyone who has used the services of Wisconsin CPA firms is probably familiar with the expensive and time-consuming process of searching through your records for anything pertaining to taxes, like receipts, spreadsheets, band statements, etc., and bringing it all to the office of a CPA offering tax services in Wisconsin. Then you go through everything with the CPA for several hours or more until the CPA has prepared your tax return. After that, you would need to sign the papers authorizing the Wisconsin CPA to file your taxes in your state and pay the CPA a significant sum of money for their services. If you're lucky, you would receive an IRS tax refund some weeks later that would be at least as much as your fee for the CPA services. This is no longer the only option for taxpayers to have access to the services of a tax expert that can help them navigate the complicated process of filing taxes and hopefully save them money, too. Digital technology and the internet have revolutionized every aspect of our lives, including how we file taxes, and you can now find online CPA firms in Wisconsin that are more efficient and cost-effective than any brick-and-mortar Wisconsin CPA firms. It may not be a surprise that Wisconsin CPA services online are available and may be a better option, considering the fact that we can have a video call with a friend 2,000 miles away or order just about anything in the world to be delivered to our homes. One thing not everyone knows, however, is that keeping manual records of your deductible business expenses and keeping all your receipts is no longer necessary to file your taxes. There's an app for that, and online CPA services in Wisconsin are part of it. And this app uses A.I. to automatically track and keep a record of all your expenses, so it can identify each and every tax write-off. When it's time to file your taxes, records of every transaction and every tax deduction are already stored in the app. And, FlyFin's team of expert tax CPA consultants is there for you anytime you need them in the app. They're available for unlimited questions about your deductions, tax filing or any tax question with over 100 years of combined experience in freelancer taxes. Their deep knowledge of the Wisconsin tax system extends to business incorporation structures such as LLCs, S Corps, C Corps, sole proprietorships and partnerships.

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Facts and figures about
taxes in Wisconsin

11,572

CPAs across the state

wisconsin
population

5,893,718

Residents as of 2022

population

282,770

People claiming self- employment tax deductions

population

145,970

S-Corps statewide

population

196,840

People taking itemized deductions

population

410,180

People claiming the QBI deduction

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😓 19 million taxpayers filed late last year. Smart CPAs can help taxpayers be prepared.

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How to set up an LLC in Wisconsin

Wisconsin State Income Tax Rates & Brackets for 2023

The following tables represents Wisconsin's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

$0 - $12,760

3.54%

$12,760 - $25,520

4.65%

$25,520 - $ 2,80,950

5.30%

$ 2,80,950+

7.65%

MARRIED FILING JOINTLY

Brackets

Rates

$0 - $17,010

3.54%

$17,010 - $34,030

4.65%

$34,030 - $ 3,74,600

5.30%

$ 3,74,600+

7.65%

Filing Status

Standard Deduction Amt.

Single

$11,790

Couple

$16,805

Wisconsin State Sales Tax Rates for 2023

County

Tax Rate

Adams County

5.50%

Ashland County

5.50%

Barron County

5.50%

Bayfield County

6%

Brown County

5.50%

Buffalo County

5.50%

Burnett County

5.50%

Calumet County

5.50%

Chippewa County

5.50%

Clark County

5.50%

Columbia County

5.50%

Crawford County

5.50%

Dane County

5.50%

Dodge County

5.50%

Door County

6%

Douglas County

5.50%

Dunn County

5.50%

Eau Claire County

5.50%

Florence County

5.50%

Fond Du Lac County

5.50%

Forest County

5.50%

Grant County

5.50%

Green County

5.50%

Green Lake County

5.50%

Iowa County

5.50%

Iron County

5.50%

Jackson County

5.50%

Jefferson County

5.50%

Juneau County

5.50%

Kenosha County

5.50%

Kewaunee County

5.50%

La Crosse County

5.50%

Lafayette County

5.50%

Langlade County

5.50%

Lincoln County

5.50%

Manitowoc County

5.50%

Marathon County

5.50%

Marinette County

5.50%

Marquette County

5.50%

Menominee County

5.50%

Milwaukee County

5.50%

Monroe County

5.50%

Oconto County

5.50%

Oneida County

6%

Outagamie County

5.50%

Ozaukee County

5.50%

Pepin County

6%

Pierce County

5.50%

Polk County

5.50%

Portage County

5.50%

Price County

5.50%

Racine County

5.50%

Richland County

5.50%

Rock County

5.50%

Rusk County

5.50%

Sauk County

6.75%

Sawyer County

5.50%

Shawano County

5.50%

Sheboygan County

5.50%

St Croix County

5.50%

Taylor County

5.50%

Trempealeau County

5.50%

Vernon County

5.50%

Vilas County

6%

Walworth County

5.50%

Washburn County

5.50%

Washington County

5.50%

Waukesha County

5.50%

Waupaca County

5.50%

Waushara County

5.50%

Winnebago County

5.50%

Wood County

5.50%

Wisconsin State IRS Statistics of Income for 2020

Size of adjusted gross income

Item
(All amounts are in 1000s of dollars)

Number of returns

Number of single returns

Number of joint returns

Number of head of household returns

Number of individuals

Adjusted gross income (AGI)

Total income: Number

Amount

Salaries and wages in AGI: Number

Amount

Business or profession net income (less loss): Number

Amount

Partnership/S-corp net income (less loss): Number

Amount

Self-employed health insurance deduction: Number

Amount

Student loan interest deduction: Number

Amount

Charitable contributions if took standard deduction: Number

Amount

Total itemized deductions: Number

Amount

State and local income taxes: Number

Amount

State and local general sales taxes: Number

Amount

Qualified business income deduction: Number

Amount

Child and dependent care credit: Number

Amount

Child and other dependent tax credit: Number

Amount

Self-employment tax: Number

Amount

Earned income credit: Number

Amount

Refundable education credit: Number

Amount

Recovery rebate credit: Number

Amount

Total tax liability: Number

Amount

Total additional Medicare tax: Number

Amount

Net investment income tax: Number

Amount

Tax due at time of filing: Number

Amount

Total overpayments: Number

Amount

All returns

2,998,950

1,561,090

1,119,570

283,230

5,388,930

208,820,575

2,950,680

211,321,417

2,413,170

142,781,995

360,430

4,864,788

145,970

12,287,568

68,440

537,605

246,520

178,137

898,040

227,581

196,840

6,723,550

172,740

2,304,234

21,220

22,856

410,180

3,231,991

91,580

45,545

657,080

1,594,758

282,770

934,479

357,520

765,606

113,130

103,047

492,440

681,538

2,199,570

25,970,386

59,530

106,969

72,380

310,489

564,230

2,962,803

2,305,900

7,083,116

Under $1

81,590

60,950

15,090

4,230

112,010

0

33,380

0

11,350

389,932

12,840

0

6,880

0

2,370

16,201

1,510

1,335

13,080

3,254

0

0

0

0

0

0

0

0

0

0

40

34

4,790

11,732

5,510

7,350

1,230

1,153

38,280

54,363

5,760

13,712

220

302

0

0

2,910

5,691

53,560

172,136

$1 under $10,000

385,980

330,210

30,080

22,660

363,640

1,859,609

385,930

1,918,627

267,720

1,450,977

34,840

89,939

3,980

0

3,020

9,211

5,120

3,457

47,530

10,477

3,330

85,445

970

2,652

1,870

854

750

133

0

0

150

55

27,800

19,425

95,050

106,125

12,020

10,480

84,280

124,390

38,620

22,206

20

12

0

0

17,660

7,865

295,920

360,818

$10,000 under $25,000

487,920

352,050

64,360

66,150

669,250

8,414,967

487,920

8,546,509

371,300

5,774,690

55,720

406,964

7,970

0

6,670

19,717

18,010

12,016

94,780

22,638

8,330

220,966

3,360

6,641

4,250

2,483

27,080

17,031

2,440

726

35,280

13,340

46,300

74,292

127,190

368,482

24,610

21,028

99,950

150,411

269,610

214,707

20

27

0

0

40,800

36,191

424,110

1,038,676

$25,000 under $50,000

721,550

457,590

138,030

113,710

1,153,050

26,568,422

721,550

26,869,225

616,890

20,625,506

65,020

621,036

15,050

48,332

10,960

42,972

67,560

46,118

175,270

42,549

19,870

488,613

14,270

32,099

4,890

3,923

71,300

95,920

13,690

6,886

160,870

223,136

49,650

125,083

123,940

280,399

21,130

17,734

93,680

129,035

599,870

1,434,449

60

103

0

0

101,390

123,231

614,850

1,509,875

$50,000 under $75,000

451,970

221,160

176,760

46,350

840,570

27,789,244

451,970

28,105,625

384,810

20,776,464

51,390

588,639

15,960

109,706

8,700

47,413

56,470

42,024

151,800

38,483

33,770

763,910

30,230

102,936

3,170

3,363

68,350

136,918

11,180

5,359

116,780

289,283

39,700

117,977

5,840

3,250

12,680

11,545

56,440

71,108

424,210

2,090,955

60

51

20

3

95,970

167,697

354,710

905,471

$75,000 under $100,000

298,820

75,730

203,670

16,600

691,420

25,948,291

298,820

26,215,396

255,960

18,829,145

42,000

548,374

15,590

164,116

6,790

45,786

36,880

26,361

124,710

32,431

31,570

758,877

29,490

138,098

1,880

2,429

59,290

150,552

15,390

8,061

101,280

306,655

32,500

107,922

0

0

12,310

11,709

43,830

46,765

292,210

2,158,370

100

62

0

0

76,870

170,774

221,270

681,784

$100,000 under $200,000

443,890

51,250

379,500

11,040

1,196,020

59,455,244

443,890

60,087,712

392,210

44,220,324

71,290

1,372,249

39,750

920,704

14,050

126,943

60,960

46,826

229,940

60,904

55,830

1,655,068

52,940

409,167

2,640

4,411

116,730

479,552

38,750

19,638

195,060

611,677

55,710

246,206

0

0

29,140

29,398

74,650

104,848

442,100

6,512,472

2,080

610

530

210

161,700

591,034

281,500

1,124,469

$200,000 under $500,000

104,770

9,780

92,530

2,080

298,800

29,692,936

104,770

30,146,428

93,310

19,787,650

21,800

1,023,422

27,610

2,413,994

10,030

132,245

0

0

53,260

14,673

31,430

1,206,499

29,550

544,541

1,790

3,741

50,970

599,804

9,000

4,255

47,420

150,288

19,910

151,322

0

0

0

0

1,330

618

104,730

5,077,262

42,420

32,415

51,560

52,295

55,070

625,320

49,480

493,199

$500,000 under $1,000,000

15,310

1,540

13,410

290

44,370

10,270,753

15,310

10,441,210

13,460

5,572,647

3,680

314,725

7,890

1,987,588

3,340

54,450

0

0

5,830

1,653

7,890

449,078

7,370

320,892

500

1,143

10,040

311,030

920

489

210

290

4,070

44,459

0

0

0

0

0

0

15,310

2,452,206

10,120

31,738

13,640

56,121

8,350

360,623

6,920

221,231

$1,000,000 or more

7,150

840

6,150

120

19,810

22,518,331

7,150

22,638,161

6,170

5,354,660

1,870

238,593

5,300

7,973,536

2,510

42,667

0

0

1,840

519

4,810

1,095,094

4,560

747,208

240

509

5,670

1,441,051

220

131

0

0

2,360

36,061

0

0

0

0

0

0

7,150

5,994,047

4,440

41,649

6,640

201,860

3,530

874,377

3,600

575,457

Frequently Asked Questions

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Exactly what is a Wisconsin CPA?

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How do FlyFin Smart CPAs work online?

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FlyFin CPAs save freelancers more on taxes

Self-employed individuals are responsible for every aspect of their taxes, unlike W-2 employees, from knowing how much to pay to keeping all the records they need to comply with IRS regulations and save as much money as possible on taxes. FlyFin was built to be the only tax resource self-employed taxpayers need, with A.I. that automatically organizes all your business expenses and identifies every possible write-off and Smart CPAs that provide unlimited tax consultations at no cost to save taxpayers time and money, with self-employed individuals saving an average of $3,500.
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