Municipal Income Tax Withholding Returns to “General Rule”
Effective January 1, 2022, municipal income tax withholding returned to the Pre-COVID-19 emergency declaration "General Rule". Prior to January 1, 2022, employers were to follow the governor's emergency declaration "temporary rule" in which they withheld based on their regular place […]
Read More Obtain your IRS Identity Theft PIN to Protect Against Identity Theft
You can obtain an identity theft pin from the IRS to protect yourself from tax-related identity theft. The identity theft pin is a six digit code that you obtain from the IRS yearly and input into your tax return. This […]
Read More Important Changes to the Advance Child Tax Credit Payments in 2021
Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. You can also Opt-Out, but hurry the first Unenrollment Deadline is 6/28/21.
Read More COVID 19 Tax Updates
The most recent action by the Treasury extending the tax filing deadline from April 15 to July 15 has provided much-needed relief from compliance matters. It has allowed CPA’s to focus on much more and pertinent issues facing small businesses. […]
Read More 2018 Kiddie Tax on Child’s Unearned Income May Be Higher
By Sandra Orcutt, EA, Supervisor Although the so-called “kiddie tax” will be easier to calculate thanks to the Tax Cuts and Jobs Act (TCJA) of 2017, the unearned income of eligible children (or grandchildren) could be taxed at a higher […]
Read More Ohio Tax Amnesty is January 1, 2018, through February 15, 2018, for Individuals and Businesses
Avoid ALL penalties and HALF of your interest! If you have unpaid taxes, Ohio Tax Amnesty could help you avoid 100% of penalties and 50% of interest due. Ohio Tax Amnesty will help you achieve a fresh start and settle […]
Read More Ohioans Win with New State Tax Laws
by Karen Brenneman, CPA, MT, Managing Partner Governor Kasich signed Ohio House Bill 64 into law on July 2 providing new tax rate reductions that will benefit both individuals and small businesses in our fine state. The newly enacted law […]
Read More Everything You Need to Know About Ohio's Sales Tax Holiday
By Constance P. Aycock, EA, Tax Compliance Director Here at Hall Kistler & Company, we are finding it hard to believe that summer vacation is nearly over. To lesson the burden of purchasing all the necessary school clothes and supplies, […]
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