Last year, Ohioans put more than $139 million back into their pockets.

Unclaimed funds are lost or forgotten money that businesses and banks report to the division after accounts become inactive, typically between three and five years.  The money can come from inactive checking and savings accounts, refund/credit balances, uncashed cashier’s checks, stocks and bonds, forgotten utility deposits and final paychecks.

We don’t want to be friends with our co-workers. We don’t want to help out with that project. We don’t trust the CEO…or our boss…or that guy in accounting.

Have we taken our cynicism at work too far?

You’ve filed your taxes, but you’re feeling anxious.

What about that income you forgot, or “forgot”? The deduction you shouldn’t have taken, or past returns you never filed at all? 

Now you’re worried about the long arm of the Internal Revenue Service. How much time does the agency have to find you before the statute of limitations expires?

This blog post will explore the guidelines for maintaining tax records and the factors that can influence your record-keeping decisions.

Many caregivers devote their time and energy to looking after family members or friends who cannot care for themselves due to illness, disability, or old age.

Fortunately, there are tax breaks available for caregivers in various countries to help alleviate some of the financial burdens associated with caregiving.

While summer is a time for fun, it’s never the wrong time to start thinking about taxes – and some of those summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for filing season.