Latest From the Blog
Change of Address | Tax Tip of the Week | No. 96
In our constantly mobile society, many of us change our address several times during our lifetime. While you may remember to file a change of address with the post office to forward your regular mail, you may not think about changing your mailing address with the IRS.
"Hummer Rules" Have Changed | Tax Tip of the Week | No. 95
New SUVs, with a gross weight of over 6,000 pounds, placed in service in 2011 can now be a 100% write-off if used 100% for business.
Eight Tips About Rental Income and Expenses | Tax Tip of the Week | No. 94
If you rent property to others you’ll want to read the following eight tips about rental income and expenses.
Horizontal and Vertical Financial Statement Analysis | Tax Tip of the Week | No. 92
Let's digress this week from our typical tax discussion and discuss some tools commonly employed by business owners for analysis of their financial statements and, thusly; their business. In an earlier week, we explained the importance of financial statement analysis as we must remember the numbers on the financials are not an end in themselves. And, without trend analysis and common size techniques, it is difficult to draw any meaningful conclusions from them.
Estate Planning | Tax Tip of the Week | No. 91
This is a general, informational piece only and not intended to provide legal advice. Each individual should seek legal advice for their own situation.
1099 Requirement Update | Tax Tip of the Week | No. 90
After intense lobbying efforts by the Ohio Society of CPAs and every other small business association, on April 14, President Obama signed legislation repealing the Form 1099 filing requirements that were imposed under the Small Business Jobs Act and the Pension Protection and Affordable Care Act.