Topics: State & Local Tax
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The New Rules for Deducting Charitable Contributions
A goal of the 2025 Tax Act is to lower taxes for many individuals through a number of deductions such as increasing the standard…
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Changing State Domicile
As Congress mulls over the fate of the SALT deduction, a growing trend has emerged from business owners in high-tax states. In recent years,…
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Pass-Through Entity Taxes & Reporting Under GAAP
Pass-Through Entity Taxes & Reporting Under GAAP 5/21/24 Introduction In connection with changes to the Internal Revenue Code as a result of the Tax…
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Ohio Pass-Through Entity Tax
Starting in 2022, many states came out with a Pass-Through Entity Tax. A pass-through entity tax is an entity-level income tax that partnerships, S…
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2024 Ohio Commercial Activity Tax (CAT) Changes
IMPORTANT CHANGES TO OHIO’S COMMERCIAL ACTIVITY TAX: Ohio’s Commercial Activity Tax (CAT) changed significantly effective January 1, 2024, and requires due diligence for future…
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OHIO COMMERCIAL ACTIVITY TAX – FORGOTTEN CREDITS
The CAT is an annual tax imposed on the privilege of doing business in Ohio, measured by taxable gross receipts from most business activities.…
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A New Normal: Tax Implications of Employees Working From Home in Ohio
A NEW NORMAL: TAX IMPLICATIONS OF EMPLOYEES WORKING FROM HOME IN OHIO During these uncertain times businesses have been forced to evolve to survive.…
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Ohio House Bill 166 Highlights
After much anticipation and delay, Ohio House Bill 166 was signed into law on July 18th. The bill includes key changes to income and…
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Tax Cuts and Jobs Act: Key provisions affecting corporations and individuals
On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years, and according to this C.P.A. for…
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Jennifer Barnes to Present at OSCPA October Women’s Event
Pease and Associates Director of Tax, Jennifer Barnes, will present at the Ohio Society of CPAs Cleveland Women’s Initiatives Committee career-enhancing October event. Jennifer…