Services: Tax Advisory
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Opportunity Zones in 2025 and Beyond
Opportunity Zones were introduced in the Tax Cuts and Jobs Act of 2017, aiming to encourage economic investment in distressed areas. Opportunity Zones allowed…
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Beware: Clean Energy Tax Credit Scams
There has been an increase in scams targeting clean energy tax credits. Scammers exploit individuals and businesses seeking to benefit from these credits, often…
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Now That I Have a HUD Section 232 Mortgage, What’s Next? Part 2
The August 2024 edition of Pease Bell Journal included Part 1 of this article, which discussed issues related to monthly lease payments, bank accounts,…
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Scammers Are Getting More Sophisticated? Are Your Procedures Strong Enough?
Introduction The Association of Certified Fraud Examiners 2024 Report to the Nations lists 21 different fraudulent disbursement schemes. But fraudsters and scammers continue to…
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Sunset for Higher Gift Tax Exemptions
With many of the provisions from the 2017 Tax Cuts and Jobs Act (TCJA) set to sunset at the end of 2025, so will…
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The IRS Resumes Processing Employee Retention Credits
The IRS has ended its moratorium on processing ERC claims. The IRS announced on August 8, 2024, that it will begin processing claims…
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Update on Films Not Needing Ohio BWC Coverage
Most employers in Ohio make the Bureau of Workers Compensation (BWC) one of their first stops when setting up their business to set up…
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Cannabis Reclassification
In October 2022, President Biden instructed the Department of Health and Human Services (HHS) and the Attorney General to initiate a review of how…
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Now That I Have a HUD Section 232 Mortgage, What’s Next?
Now That I Have a HUD Section 232 Mortgage, What’s Next? As was discussed in an April 2024 article, HUD Section 232 for Leased…
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Alternative Fuel Vehicle Refueling Tax Credit
If you purchase an electric vehicle (EV) charging equipment for your home, you may be eligible for a tax credit. This is a nonrefundable…