» Tax Planning
What Do First-Time Tax Filers Need to Know?
May 8th, 2024
Not many people actually enjoy filing their income tax returns, but for first time tax filers, the prospect of sitting down and preparing their tax return is especially stressful. That can lead to procrastination, as the deadline draws nearer and nea…
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Tax Tips for Newlyweds
April 9th, 2024
As an old saying says, “Marriage is joy doubled and sorrow halved.” If you put filing your taxes under the “sorrow” column, that’s definitely true—you now have someone to share the stress of filing with. But filing taxes as a newly marrie…
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Tax Rules for Vacation Rental Properties
March 12th, 2024
A vacation rental property is not only a source of income, but often a wise investment. Real estate, especially in desirable areas, tends to appreciate in value. There are other advantages, too: vacation rentals can diversify your investment portfoli…
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Tax Benefits of Conservation Easements: Preserving Land and Wealth
December 11th, 2023
Land is a finite resource. With every passing year, it seems, more and more commercial buildings and residential developments spring up in what was formerly green space. While many people lament these changes, it is difficult to blame landowners for…
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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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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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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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