There were a lot of discussions this recent tax season regarding the tax law changes on Roth conversions. Those conversations will likely continue this year, as some changes to your new Roth can be made through October 2011.

Dealing with the Ohio Department of Taxation (ODT) just became a little more difficult. ODT has announced that June 30, 2011 was the last day that Service Centers in Akron, Cincinnati, Cleveland, Dayton, Toledo, Youngstown, and Zanesville would be open.

This week we are going to paraphrase an excellent article that appeared in the June 27, 2011 issue of Forbes (author: William Baldwin).

Effective July 1, 2011, the IRS has made two significant tax law changes. The first is an increase in the mileage rate. The second is a reduction in the Federal Unemployment rate (FUTA).

Determining the tax consequences that can arise during a divorce or marital separation can be vital for the financial protection and well being of you and your family. That’s why it’s important to understand applicable tax laws before making any major decisions.

The IRS recently issued a press release targeted for those located in areas prone to hurricanes. While those of us in the Dayton area don’t normally need to worry about hurricanes, the disaster planning advice is still something each of us should consider.