Inflation Boosts Federal Gift and Estate Tax Breaks
If there's a silver lining to today's inflation, it's the increase in federal gift and estate tax breaks that the IRS adjusts annually for inflation. Here's an overview of the breaks that are available for 2023 and inflation-adjusted estimates for next year. Beware: Today's favorable unified federal gift and estate tax exemption is scheduled to expire after 2025, unless Congress extends it. Read More
IRS provides transitional relief for RMDs and inherited IRAs
Some taxpayers can look forward to receiving transitional relief from the IRS related to the required beginning dates for taking required minimum distributions from retirement plans. Read More
Sales Tax Holiday August 4-August 6, 2023
Ohio will have a sales tax holiday from Friday, August 4, 2023, at 12 a.m. to Sunday, August 6, 2023, at 11:59 p.m. Read More
What’s in the Fiscal Responsibility Act?
With a financial crisis averted, let’s take a look at the highlights of the Fiscal Responsibility Act. Read More
Which Employers Must Pay the New PCORI Fee Due July 31?
The Affordable Care Act imposes a little-known new fee on certain employers and health insurance companies. The first payments are due on or before July 31, 2013. Keep reading to learn more about the PCORI fee. What is the PCORI […] Read More
Jordan Knapp receives the prestigious Twenty under 40! award!
Supervisor Jordan Knapp has been named one of the recipients of the prestigious Twenty under 40! award by the Canton Regional Chamber of Commerce and The Canton Repository. The Twenty under 40! award recognizes Stark County’s leaders under 40 who have demonstrated dynamic leadership and social responsibility. These individuals are committed to making a difference in our community and creating a lasting impact Read More
Is QuickBooks right for your nonprofit?
Nonprofits: Here’s how QuickBooks can help you track your progress toward achieving financial targets for 2023 and beyond. Read More
How to use QuickBooks as a fraud detection tool
Many organizations use QuickBooks for everyday accounting tasks. But did you know that this software can also function as a fraud detection tool? Read More
Manufacturers: Achieving and maintaining a strong cash flow requires diligence
How can you strengthen your manufacturing company’s cash flow? Read More
Valuing professional practices
Business valuation pros understand the characteristics that professional practices share and how to factor these common denominators into their analyses. Read More
Business valuation pros can wear two hats
Do you know the difference between using a business valuation professional as a testifying expert vs. as a consultant? Read More
Site visits: A critical step in the business valuation process
Seeing is believing. Site visits help experts see the big picture when estimating business value. Read More