Services: Tax Advisory
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Stock or Asset Purchase: Which is Right for You?
When determining the type of transaction, factors such as tax implications and potential liabilities are the foremost considerations. An asset sale involves acquiring specific…
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Can I Deduct Tax Loss?
When individual taxpayers have losses from flow through entities, the key question is whether or not the individual will have the ability to deduct…
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The ABCs of CAS
Client Accounting Services (CAS) is one of the fastest-growing outsourced services available to small and growing businesses. CAS allows business leaders to focus on…
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Centers for Medicare and Medicaid Services’ (CMS) New Long Term Care Facility Staffing Requirements
On September 1st, 2023, CMS proposed the Minimum Staffing Standards for Long-Term Care (LTC) Facilities and Medicaid Institutional Payment Transparency Reporting rule. This rule…
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Protecting Your Holiday Cheer: A Guide to Preventing Common Holiday Fraud Schemes
The holiday season is a time for celebration, joy, and generosity. Unfortunately, it’s also a peak period for fraudsters looking to take advantage of…
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Understanding the Lifetime Gift Tax
Gifting allows you to transfer wealth to your loved ones during your lifetime, enabling them to enjoy financial security. By taking advantage of the…
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What the New Auditing Rules on Accounting Estimates Mean For You
Statement on Auditing Standards No. 143: Auditing Accounting Estimates and Related Disclosures is effective for 2023 year-end audits. The standard provides auditors updated guidelines…
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Year End is Quickly Approaching… Are you Prepared?
Fall is here. The trees are changing colors. Now is the perfect time to start working on your year-end tax planning. We have put…
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Nonprofit Organization Tax Filings: Building the Accounting System to Capture the Right Information
It is not uncommon to see Section 501(c)(3) nonprofit organizations, especially smaller 501(c)(3) nonprofits, not have in place the elements needed within their accounting…
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Tax Changes from Ohio’s FY 2022-23 Budget Bill
On June 30, 2021, Governor DeWine signed House Bill 110 into law. This bill covers Ohio’s budget for the next two years and contains…