Large cash business transactions must be reported to the IRS If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to… More on this story
NIL Deals: The Do’s and Don’ts When it Comes to Taxes More and more college athletes are earning money from what is known as NIL deals. Ever since the NCAA officially… More on this story
House Bill 515 opens door for more to qualify for Ohio business income deduction treatment A House Bill recently signed by Ohio Governor Mike DeWine (R) sheds much needed light on certain situations under which… More on this story
Selling your business? An Installment Sale May Yield Tax Benefits You’ve spent years building your company and now you’re ready to move on, possibly to a new business, retirement or… More on this story
The Ohio Society of CPAs Nominates H&M’s Mark Welp to Board of Directors The Ohio Society of CPAs Nominating Committee recently named the 2022-2023 Board of Directors. Mark Welp, CPA, CFE, a principal… More on this story
What IRS auditors know about your business industry Has your business been audited by the IRS? It may be stressful, especially if you don’t know what to expect…. More on this story
Tax Treatment of Digital Assets Despite their volatility, cryptocurrencies such as bitcoin and Ethereum continue to attract investors and users. To accommodate these customers, a… More on this story
Current Day Medical Practice Challenges As the economy continues to stabilize after the volatility caused by the COVID-19 pandemic, medical practices find themselves in a… More on this story
Consider tax questions early when selling a business As businesses adjust to the post-pandemic economy and private equity firms increase their searches for new acquisitions, a growing number… More on this story
IRS Announces Interest Rates for Q2 of 2022 The Internal Revenue Service (IRS) has announced the interest rates for the second quarter of 2022. We will see increases… More on this story