Ohio Enacts Bill Containing Favorable Tax Changes

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 affect the Commercial Activity Tax exemptions, the resident tax credit, Read More

Sue Schloemer

Jul 06, 2023

Bad Debts: What Losses Can You Deduct and When?

Bad Debts: What Losses Can You Deduct and When?

Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many years. Unfortunately, bad debt losses are increasingly common during the COVID-19 pandemic. Here's an overview of the federal income Read More

Kirsch CPA Group

Feb 18, 2021

4 Important Changes on Your 2020 Tax Return

Last-Minute Tips for Your 2020 Personal Return

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadline for filing your return until October 15, but Read More

Dreama Gordon-Tipton

Feb 18, 2021