» Business Owners
Organization and Preparation Of Business Taxes and Filing Services
May 24th, 2023
For many business owners and organization leaders, tax preparation and filing is a necessary, but often dreaded, chore. Depending on the complexity of tax issues, filing and preparation can even distract from the operation of the business or organiza…
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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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Can I Deduct Home Office Expenses?
April 21st, 2022
For over two years now, many more people have been working from home than prior to the pandemic. And while some places of business have opened back up, there are still many people who are working remotely. Some are self-employed, some are independent…
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Best Practices to Avoid Committing Tax Fraud
January 17th, 2022
You probably consider yourself a good citizen and an honest person. You would never steal or intentionally cheat anyone, and, of course, you file and pay your taxes on time every year. You certainly don’t think of yourself as the type of person who…
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Why Ohio Farmers Should Consider an S Corp Election
October 15th, 2021
A family farm is many things: a labor of love, a legacy from one generation to the next, a source of income and purpose. But it is also a business, and as such, it needs a business structure. Many farmers choose to organize their farm as a limited li…
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IRS Issues Bonus Depreciation Regulations for Partnerships
March 17th, 2021
In 2017 as part of the Tax Cuts and Jobs Act (TCJA), Congress made major changes to the bonus depreciation rules affecting partnerships. For open tax years, partners should assess carefully whether they want to adopt the final regulations or the 2019…
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Three Ways Professional Tax Services Can Help Your Small Business
September 1st, 2020
Completing your business taxes is a year-round endeavor for small business owners. Small business tax services can help ease the burden in many situations. The first two ways professional tax services can help your small business go hand-in-hand, bec…
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Home Office Deduction 2018
January 23rd, 2019
Many taxpayers are asking if they will still qualify for the home office deduction in 2018. The tax reform changes signed into law by President Trump in December 2017 made drastic changes to the tax code. It is the most comprehensive tax reform in mo…
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Who Qualifies for the Ohio Small Business Deduction?
December 12th, 2018
Many Ohio taxpayers each year fail to take advantage of the Ohio Small Business Deduction, which could save them thousands of dollars. Many are not aware of who qualifies for the Ohio Small Business Deduction. Some who are aware of it may think the f…
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