International Operations: Understand the Tax Reporting Requirements Tax reporting can pose a challenge for any business, but the complexities grow when a company has operations in more… More on this story
Ohio’s Tax-Free Weekend: August 4-6, 2023 Get ready to shop until you drop this weekend. Ohio’s tax-free weekend starts on August 4 and runs through August… More on this story
Beware of Sophisticated Looking Tax Scams We can never post enough reminders regarding the fact that the Internal Revenue Service (IRS) will never reach out to… More on this story
Family businesses must beware of fraud Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross… More on this story
Subchapter S Shareholder-Employees: “Reasonable” Compensation Is a Must Subchapter S corporations offer a number of tax advantages, but they can also lead to complications. One longstanding concern is… More on this story
Can Individual Taxpayers Deduct Vehicle Expenses? It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also may be able to deduct… More on this story
Be Aware: Business Bartering is Taxable During these times of high inflation, many cash-challenged businesses have bartered for goods and services instead of paying dollars for… More on this story
Things to know before turning your home into a rental property In some cases, homeowners move to new residences, but keep their present homes and rent them out. If you’re thinking… More on this story
Selecting the right level of assurance The term “assurance” refers to how much confidence lenders and other stakeholders have that a company’s financial statements will be… More on this story
Qualifying for the home office deduction: Don’t just assume you do In recent years, many people have pivoted to working from home, and that brings up tax questions. If you’re one… More on this story
