Donating appreciated stock can offer substantial tax benefits Are you planning to make charitable donations before year end? Do you own appreciated stock that you’d like to sell,… More on this story
Maximizing depreciation deductions in an uncertain tax environment For assets with a useful life of more than one year, businesses generally must depreciate the cost over a period… More on this story
Tax refunds may get hit due to health law credits The AP released an interesting article on a major tax planning item for individuals for this year. Ricardo Alonso-Zaldivar, AP… More on this story
“Bunch” miscellaneous itemized deductions to reduce your tax bill Many expenses that may qualify as miscellaneous itemized deductions are deductible for regular tax purposes only to the extent they… More on this story
Another Billion Back With strong returns on investments, the Ohio Bureau of Workers’ Compensation is proposing a second $1 billion rebate to the… More on this story
Installment sales offer both pluses and minuses A taxable sale of a business might be structured as an installment sale if the buyer lacks sufficient cash or… More on this story
Ohio’s “Mid-Budget Review” Results in Changes to Ohio Tax Law Ohio’s state budget, passed in June 2013, included numerous changes to Ohio tax law, including the reduction of Ohio’s personal… More on this story
Draft IRS Forms Released for Health Care Information Reporting: The IRS has released draft versions of the long-anticipated information returns that employers and insurers will use to meet the… More on this story
Is a Roth IRA conversion right for you this year? If you have a traditional IRA, you might benefit from converting some or all of it to a Roth IRA. … More on this story
Michigan Supreme Court Rules Three-Factor Apportionment Allowed for Michigan Business Tax. On July 14, 2014, the Michigan Supreme Court ruled that the Multistate Tax Compact (MTC) election applies to both the… More on this story