Barbara Danner receives her QuickBooks ProAdvisor Online Certificate

Congratulations to Supervisor Barbara Danner on receiving the QuickBooks Online ProAdvisor Certificate! Barbara serves as a member of our Client Accounting Service (CSA) team, assisting clients with back-office tasks, preparing financial reports, providing operational efficiency advice, and preparing various tax […]

Read More

Recent Tax Court Cases of Interest to Businesses

1. Court Determines that an Activity Was Engaged in for Profit 2. Nursing Services Company Loses in Court 3. Accounting Method of a Retirement Community Is Upheld in Court 4. Bookkeeper Must Pay Penalty After He's Found to Be a Responsible Person

Read More

Due Diligence Considerations When Selling a Business

If you're thinking about selling your business, you'll need to consider the buyer's perspective to help close the deal. Taxes are an important issue in negotiating the terms of the deal, and the buyer's tax objectives may conflict with yours. Here's an overview of the due diligence considerations from both parties' perspectives.

Read More

Unlock 8 Tax Breaks for Home Ownership

Home ownership can be a financially rewarding investment, especially when you factor in the potential tax savings opportunities. This article summarizes various federal tax breaks that sweeten the deal for homeowners today, including the home sale gain exclusion, itemized deductions for mortgage interest and property taxes, credits for certain "green" home improvements and more.

Read More

Federal Tax News for Individuals

1. Involved in Crypto? Here Are Some Tax Issues 2. Reporting Income Earned from Gigs 3. Tip Income Responsibilities for Employees and Employers 4. IRS Issues the 2022 Foreign Housing Cost Exclusions 5. Supreme Court Declines to Hear Passport Revocation Case

Read More

Tax Angles for Landlords Today

In the current economic environment, many rental property owners are incurring losses. But they may not to be able to currently deduct them. Here's an overview of information that property owners should know about: deductions for operating costs and depreciation, the passive activity loss rules, the excess business loss rule and net operating losses, as well as details about properties generating taxable income.

Read More

Take Advantage of Tax Breaks for Small Businesses

If you own a small or medium-sized business, it may be eligible for some significant tax breaks that aren't available for larger entities. Here are three examples to consider as you file your tax return for 2021 and plan for 2022. […]

Read More

Going private

Dell, H.J. Heinz, Dunkin’ and many other companies have delisted from the public markets in recent years. Is it time for your company to say goodbye to Wall Street?

Read More

Rx for valuing a distressed business

Owners of struggling businesses may want to assess how much their operations are worth for many reasons, including M&A, estate planning, shareholder buyouts and bankruptcy. Here’s an overview of how valuation professionals treat these special circumstances.

Read More
BKR International logo.
Ohio Oil & Gas Association logo.
NACVA logo.
The Ohio Manufacturers' Association logo.
AICPA logo.
Team neo Cleveland+ logo.