Ohio Tax Benefit for S-Corp and Partnership Owners
What changed? For the last 5 years, federal tax deductions for state and local taxes were limited to $10,000 for individuals. For owners of Ohio pass-through entities that limitation ended, on June 14, 2022, when Read More
Dec 02, 2022
8 End-of-Year Tax Planning Strategies for 2022
As the economy marches through the final months of 2022, business owners will face ongoing changes this tax season. Even so, there is still time to take steps to reduce your tax burden. With the Read More
Oct 13, 2022
Does Your Business Qualify for the Employee Retention Credit (ERC)?
The Employee Retention Credit (“ERC”) was originally enacted as part of the first wave of pandemic relief in March of 2020. Since then, it has been modified and expanded to make many small businesses eligible. Read More
Sep 28, 2022
Is your business eligible for the Employee Retention Credit?
What is the Employee Retention Credit? Under the Consolidated Appropriations Act, 2021, employers negatively impacted by the pandemic can offset the employer portion of payroll taxes through the Employee Retention Credit (ERC). The ERC can Read More
Jan 21, 2021
PPP Loan Necessity Questionnaire for Loans Over $2 Million
On October 26, 2020, the SBA issued a notice in the federal register stating the SBA’s intent to release two new forms (Form 3509 for for-profit business and Form 3510 for not-for-profit entities) related to Read More
Nov 06, 2020