Court Rules Corporate Reporting Law is Unconstitutional but Requirements Remain
Under the Corporate Transparency Act (CTA), many businesses had to begin complying with new...
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Tax Updates
SECURE 2.0 Changes that Become Effective in 2024
The SECURE 2.0 Act, enacted late in 2022, creates new tax-saving opportunities for retirement...
Important Tax Figures for 2024
The following chart provides some important federal tax information for 2024, as compared with 2023:
2024 Standard Mileage Rates
Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups...
IRS Delays $600 Form 1099-K Reporting Threshold
Businesses and individuals concerned about the confusing 1099-K reporting requirements can breathe...
New Electronic Filing Requirements for Forms W-2 and 1099
Earlier this year, the IRS and State of Ohio announced updates to filing requirements for certain...
Businesses: It's Time to Get Ready for the New Corporate Transparency Reporting Rules
Attention: Your business may soon have to meet new reporting requirements that take effect on...
Ohio Tax Law Changes
Governor Mike DeWine recently signed HB 33, Ohio’s biennial budget legislation, which enacts...
Update on Luxury Auto Depreciation Deductions for Businesses
Federal income tax deductions for taxpayers who use passenger autos more than 50% for business were...
Navigating the SALT Deduction
The Tax Cuts and Jobs Act (TCJA) limitsitemized deductions for state and local tax (SALT) payments...