On July 3, 2023, Governor Mike DeWine signed into law House Bill 33, Ohio’s 2024-2025 biennial budget legislation. This new law includes changes that will aff...
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...
Meeting Your Organization’s Tax-Filing Obligations
Mar 02, 2023The 2022 tax-filing deadline is fast approaching for many not-for-profit organizations. If you operate on a calendar-year basis, your filing deadline is May 15,...
7 Tax-Saving Opportunities for Manufacturers in 2023
Mar 02, 2023After your manufacturing company’s 2022 tax return has been filed, you can focus your efforts on reducing its 2023 tax liability. What are the top tax-sav...
Manufacturers: Be Aware of These 3 Business Tax Provisions Currently in Limbo
Jan 18, 2023Are you up to date on the latest tax law changes that could affect your manufacturing business? Barring further legislation, certain key provisions have expired...
How Will Inflation Affect Your 2023 Tax Bill?
Aug 18, 2022Inflation has been surging this year. The July 2022 consumer price index (CPI) was up 8.5% year over year, according to the latest data from the U.S. Bureau of ...
Avoiding Nonprofit Tax Traps
Aug 04, 2022If your organization has met the IRS qualifications to be considered tax-exempt, the income you receive — such as donor contributions — is exempt from feder...
House Democrats Release Tax Proposal
Sep 17, 2021Recently House Democrats released a draft proposal of federal tax changes. Included in the proposal are numerous tax increases. These are proposals only at this...
Beware: Teleworking Arrangements May Cause State Tax Withholding Issues
Aug 18, 2021During the COVID-19 pandemic, many employers shut down their regular workplaces, either partially or wholly, as a safety precaution and instructed their employe...
Self-Employed May Be Eligible for COVID-Related Tax Breaks for 2020
Mar 17, 2021If you’re self-employed as a sole proprietor, partner or limited liability company (LLC) member, COVID-relief legislation passed in 2020 included tax brea...