2024 Standard Mileage Rates
Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups...
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Tax Updates (2)
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...
Update on Deducting Business Meal and Entertainment Expenses
The federal income tax treatmentof business-related meal and entertainment expenses has been a...
Top 3 Federal Tax Law Changes that Could Affect Your Business Return
Every tax season,business owners must familiarize themselves with tax law changes that went into...
New Tax Law Improves QCD Benefits
Seniors who must take withdrawalsfrom their IRAs may be able to benefit from a special tax...