Blog
Do Nonprofits Pay Taxes in Ohio?
April 25th, 2023
Unlike businesses, nonprofit organizations are entities that exist for a reason other than making a profit for their owners. Instead, nonprofit organizations are created to provide a benefit to the community, the general public, or a specific group o…
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Preparing for Estate and Gift Tax Return Deadlines
March 27th, 2023
This time of year, income taxes are on everyone’s minds, but there may be other tax returns that you need to think about filing. In particular, you may need to file a gift tax return or an estate tax return. Learn what triggers the need to file the…
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Do I Have to File Taxes if I Don’t Owe?
March 7th, 2023
If you’re like most people, you would probably prefer almost any activity to sitting down and preparing a tax return. Of course, if you expect to owe, you know you need to file taxes. And if you’re expecting a refund, the only way to get it is to…
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Student Loan Forgiveness Tax Guidelines
January 25th, 2023
There was much buzz and excitement about the Biden administration’s loan forgiveness program from some quarters, and concern from others, when the program was first announced. Legal challenges have halted student loan forgiveness in its tracks, eve…
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2023 Tax Deadlines for Filing 2022 Taxes
December 27th, 2022
If you are a calendar-year tax filer, as most people are, you already know that your personal income tax return for tax year 2022 is (usually) due on April 15, 2023. But there are many other tax deadlines of which you may need to be aware, depending…
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2023 Retirement Contribution Limits Increased
November 23rd, 2022
As you probably already know, contributing to your retirement plan helps you in multiple ways. Obviously, the more you add to your retirement and the earlier you add it, the more financial resources you will have to make your retirement secure and co…
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Failure to File a Tax Return
September 28th, 2022
For many people, preparing and filing tax returns is a dreaded chore—especially if there’s a tax bill at the end of it. We may fantasize about chucking all of our receipts and forms in the wastepaper basket, and just forgetting the whole thing. W…
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Mid-Year Business Tax Planning Tips
August 22nd, 2022
Tax planning is a critical part of maintaining the financial health of a business. By taking advantage of available business tax write-offs, you can minimize your company’s tax burden and potentially save thousands of dollars. Most small business o…
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How to File Ohio Sales Tax
August 3rd, 2022
If you are a vendor of most goods and many services who has physical or economic nexus in Ohio, you are required to collect and file sales tax. What exactly does it mean to have “nexus” in a state? Physical nexus means that you have enough of a p…
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11 Common Tax Write-Offs
June 29th, 2022
Tax laws exist to accomplish two things: create revenue for the government, and motivate behavior. Everyone understands the revenue generation part, especially when they are writing a check to pay their taxes. But we often don’t think about how tax…
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