Making the Decision to Serve on a Non-Profit Board Deciding to volunteer your time and expertise for a non-profit board is much more than a kind gesture, it can… More on this story
New Tax Rules for Employer-Sponsored Retirement Plans in 2024 The omnibus spending bill known as the SECURE 2.0 Act made dozens of changes to the tax rules governing employer-sponsored… More on this story
Audit vs. Review Engagements: What’s the Difference? In the realm of finance and accounting, the terms ‘audit’ and ‘review’ are often thrown around, sometimes interchangeably, with an… More on this story
Charitable Remainder Trusts: Pros, Cons, and Precautions For business owners trying to juggle financial planning, estate planning, and tax planning concerns while also supporting a worthy cause,… More on this story
Business Travel in 2024: What’s Deductible? If you and your employees will be traveling for business this year, there are many factors to keep in mind…. More on this story
Employee Retention Credit Update: IRS Allows Cancellation of Erroneous Claims As the IRS continues to deal with issues involving the Employee Retention Credit (ERC), the agency is offering businesses that… More on this story
Strategies for handling estimated tax payments Many individuals today are self-employed or generate income from interest, rent, dividends and other sources. If you’re in this situation,… More on this story
What to Consider when Selecting an Auditor As a business owner, it is essential to have a trustworthy and competent auditor to ensure your financial statements are… More on this story
Changes to the Ohio Commercial Activity Tax (CAT) The recent enactment of H.B. 33 of the 135th Ohio General Assembly has changes that may eliminate the requirement for… More on this story
Don’t get Carried Away by a Windfall of Cash Receiving a sudden and sizable influx of cash may seem like a dream come true. It can be, but many… More on this story