IRS Issues 2024 “Dirty Dozen” List Around the end of every tax season, the IRS publishes its annual “Dirty Dozen” list of common tax-related scams and… More on this story
Major Tax Code Changes on the Horizon The Tax Cuts and Jobs Act (TCJA) of 2017 was the most significant overhaul of the US tax code in… More on this story
Why a CPA Must Be a Part of Your Trust and Estate Planning When it comes to trust and estate planning, a multitude of professionals can play a role in shaping a robust… More on this story
IRS Offers Tax Relief to Ohioans Affected by Recent Tornados The IRS has announced tax relief is available for individuals and businesses in Ohio that were affected by tornadoes that… More on this story
Understanding the Jock Tax Pro athlete earnings have the potential to soar beyond the average paycheck. However, with great salaries come great taxes, and… More on this story
Tax records: What can you toss and what should you keep? Generally, the IRS has three years to audit a tax return, from the later of the due date of the… More on this story
New Questions about BOI Reporting A recent federal court ruling has raised questions about a controversial new rule requiring millions of small- to medium-sized business… More on this story
Is your business closing? Be sure to handle any and all final tax responsibilities Businesses shut down for many reasons. Here are just a few: An owner’s retirement, A lease expiration, Staffing shortages, Partner… 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
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