If you’re looking to save for your child’s or grandchild’s education, you may have several options, including 529 plans, Coverdell education s...
3 Signs It’s Time to Exit the Day-to-Day & Scale Your Business
Jun 15, 2023A business owner’s workday is rarely idle. Especially in the early years, it’s not unusual to find an entrepreneur juggling multiple roles, both out of fina...
Manufacturers: If Available, Take Advantage of Sales Tax Exemptions
Jun 14, 2023Manufacturers must comply with all relevant tax laws to avoid dire consequences. While the most attention is generally directed toward federal income and payrol...
Navigating Multistate Payroll Taxes & Remote Workers for Ohio Employers
Jun 09, 2023Ohio’s unique local taxation laws can make running payroll across state lines complicated. An ounce of preparation can save thousands in tax liabilities, so h...
Financial Statement Fraud: Don’t Believe Everything You Read
Jun 01, 2023Financial statements are central to understanding any business. A public company’s balance sheet, income statement and cash flow statement enable investor...
Estimating the Value of Your Business Today
May 23, 2023Proactive business owners always have an eye on the future. And part of that preparedness means knowing what the company is currently worth and doing everything...
Do You Owe SE Tax on Home Rental Income?
May 22, 2023If you rent out a second home — or part of your main residence — you may be unclear about whether you need to pay self-employment (SE) tax on your net renta...
Are You Using the Right Accounting Method for Your Business?
May 10, 2023The accounting method you currently use for your small business may no longer be appropriate due to changes in market conditions or within your company. The IRS...
How Construction Business Owners Can Prepare for an IRS Audit
May 10, 2023The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker...
Is Your Manufacturing Company Eligible for Clean Energy Tax Credits?
May 09, 2023The Inflation Reduction Act (IRA), enacted in late 2022, provides valuable tax credits that support clean energy manufacturing. Significantly, the law created t...