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Business Tax (3)

Federal Tax Obligations When a Business Shuts Down

Is it time to close your small business? Unfortunately, closing isn't as simple as handing over the...

What Are the Tax Implications of the New Lease Accounting Rules?

Private businesses implemented new lease accounting rules in 2022, resulting in a major shift in...

Ohio Tax Law Changes

Governor Mike DeWine recently signed HB 33, Ohio’s biennial budget legislation, which enacts...

Transfer Pricing Done Right

Today's companies operate in a global marketplace. Many have subsidiaries, affiliates and other...

Midyear Tax Planning for Small Businesses and Owners

Summer isn't just for barbeques and baseball. It's also a good time to think about ways to cut your...

M&A Reminder: Earnouts Bring Critical Tax Considerations

Merger and acquisition (M&A) activity is widely expected to pick up this year, after a lull in...

Update on Luxury Auto Depreciation Deductions for Businesses

Federal income tax deductions for taxpayers who use passenger autos more than 50% for business were...

Is Holding Real Property in a Corporation a Good Idea or a Bad Idea?

Real estate can be an attractive long-term business investment. For tax reasons, you're generally...

7 Tax-Saving Opportunities for Manufacturers in 2023

After your manufacturing company's 2022 tax return has been filed, you can focus your efforts on...

How Much FDIC Coverage Do You Have?

In early March, Silicon Valley Bank (SVB) and Signature Bank unexpectedly collapsed. They became...