The TPR winds of change are coming. Will you be prepared? Much has been written about the new “tangible property regulations” (the “TPR”), but the period of speculation is over. The… More on this story
Tax Savings and your Home Office The home office deduction is an important tax break associated with self-employment. But not all home offices qualify. And many… More on this story
Timing business income and expenses to your tax advantage Typically, it’s better to defer tax. Here are two timing strategies that can help businesses do this: 1. Defer income… More on this story
Are You Required To File Unclaimed Funds? The State of Ohio’s annual unclaimed funds reporting deadline for all companies, with the exception of Life Insurance Companies, is… More on this story
AMT triggers could boost your tax bill if you’re not careful A fundamental tax planning strategy is to accelerate deductible expenses into the current year. This typically will defer — and… More on this story
Deadline Approaching to File for Potential Ohio BWC Refund Due to the San Allen Inc. vs. Ohio BWC settlement there are 300,000 employers in the State of Ohio entitled… More on this story
Self-employed? Save more by setting up your own retirement plan If you’re self-employed, you may be able to set up a retirement plan that allows you to make much larger… More on this story
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
Watch out for the wash sale rule If you’ve cashed in some big gains this year, consider looking for unrealized losses in your portfolio and selling those… More on this story