Services: Tax Advisory
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Benefits related small businesses tax credits
WHAT’S YOUR CHARITABLE DONATION DEDUCTION? When it comes to deducting charitable gifts, all donations are not created equal. As you file your 2015 return…
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Education related tax breaks
IF THERE WAS A COLLEGE STUDENT IN YOUR FAMILY LAST YEAR, YOU MAY BE ELIGIBLE FOR SOME VALUABLE EDUCATION RELATED TAX BREAKS ON YOUR…
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Following the new path
RECENT TAX LAW EXTENDS DEPRECIATION EXPENSING TAX BREAKS – AND MORE Manufacturers and distributors tend to invest heavily in equipment, technology upgrades and leasehold…
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Major shift in lease accounting could cause major headaches
ALMOST EVERY COMPANY LEASES EQUIPMENT OR REAL ESTATE AND FOR DECADES, THEY WEREN’T REQUIRED TO REPORT MANY LEASE-RELATED ASSETS AND LIABILITIES ON THEIR BALANCE…
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Is it time to get accountable with your employees expenses?
Many companies start out using the “per diem” approach when reimbursing employees for lodging, meals, and incidental expenses. Doing so involves the use of…
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Changes to ohio small business deduction and personal income tax rates
Article by ‘Lizabeth DiSiena’ Starting with the 2015 tax year, favorable changes have been made to income taxes on sole proprietorships and pass-through entities.…
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Extension means businesses can take bonus depreciation on their 2015 returns
BONUS DEPRECIATION ALLOWS BUSINESSES TO RECOVER THE COSTS OF DEPRECIABLE PROPERTY MORE QUICKLY BY CLAIMING ADDITIONAL FIRST-YEAR DEPRECIATION FOR QUALIFIED ASSETS. THE PROTECTING AMERICANS…
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Why investing in small business stock may make more tax sense than ever
BY PURCHASING STOCK IN CERTAIN SMALL BUSINESSES, YOU CAN NOT ONLY DIVERSIFY YOUR PORTFOLIO BUT ALSO ENJOY PREFERENTIAL TAX TREATMENT. AND UNDER A PROVISION…
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Prepare for major changes to federal rules on employee pay and benefits
One of your most dreaded tasks is probably managing human resources (HR). The rules are ever-changing and becoming increasingly complex. Here are two major…
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Does your business have a valid buy sell agreement in place?
Owners of manufacturing and distribution companies are often so focused on the here and now that planning for future catastrophes may fall through the…