July/August 2019

The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to provide retirement plans to their employees. According to the DOL, the rule will enable more small and midsize unrelated businesses […]

On July 18, 2019, Ohio Governor Mike DeWine signed the fiscal year 2020-21 budget bill. The legislation incorporates multiple tax provision changes which include, among other things, amendments concerning income, sales and use, vapor products, gross receipts, and property taxes […]

The IRS is offering some “summertime tax tips” for a sunnier tax season. For example, summer brides should report any name changes to the Social Security Administration before filing tax returns next year. Report address changes to the U.S. Postal […]

Most U.S. businesses operate as so-called “pass-through” entities, including partnerships, limited liability companies (LLCs) and S corporations. Electing pass-through status allows these businesses to avoid entity-level taxes. Instead, taxes are paid at the level of the individual owners. For years, […]

Taxes are a major consideration in mergers and acquisitions (M&As). The parties generally can structure a business purchase as either:  In general, buyers prefer asset purchases from a tax perspective. A taxable asset purchase allows the buyer to “step up,” […]

When a loved one who was “financially comfortable” passes away, his or her family must deal with the emotional issues that come with the loss — as well as winding up the decedent’s financial affairs.   Surviving family members are […]

  Canton, Ohio – July 29, 2019 – Hall, Kistler (HK) is pleased to announce that Andrew (Andy) M. Griffin, CPA has been promoted from Supervisor to Manager. Andy practices mainly in the areas of accounting and audit and specializes […]