Posts Tagged ‘Ohio CPA Firm’

What Could Ohio’s Small Business Investor Income Tax Deduction Do For Me?

Thursday, February 27th, 2014

In an effort to become more taxpayer-friendly and reduce the effective tax rate, Ohio enacted the Small Business Investor Income Tax Deduction effective for tax year 2013. This tax deduction benefits many of Ohio’s individual income taxpayers. So how exactly does this deduction work?  (more…)

What Tax Liabilities Accompany Inherited Real Estate?

Wednesday, February 26th, 2014

So you just inherited some real estate. You’re probably now wondering – is this a blessing or a curse? From the tax perspective, of course. And that’s a good question to ask. Just because you inherit something doesn’t mean that you’re free and clear of any potential tax liabilities. Depending on how you use the property and if you sell it will determine if you have a taxable situation. So here’s what you should know about taxes and inherited real estate.  (more…)

How Can You Prepare For The Retirement of Microsoft Windows XP?

Thursday, January 16th, 2014

You’ve probably heard by now about the Target data breach, but just this week other retailer data breaches during the 2013 holiday season have become known. In light of these broad, major data breaches, this is a great time to ask yourself: When was the last time you evaluated your business’s IT network? If this has been an area of your business that you’ve let slide, then let it slide no more!  (more…)

Do I Need To Have Health Care Coverage Before Jan. 1, 2014?

Friday, December 20th, 2013

Christmas is upon us, but you know what else is? The federal deadline to pay for exchange insurance that’s effective Jan. 1, 2014. Yes, that’s right. If you want health insurance through the federal government, you’ve got until Monday, Dec. 23, 2013, to apply and pay for it. Some insurance companies have delayed this deadline to Jan. 10, 2014 – but not all. So don’t wait – make sure you’re covered today.  (more…)

Will There Be Changes To The Small Business Health Care Credit?

Friday, December 6th, 2013

Has your business enjoyed the small business health care credit for the last few years? Well, get ready because changes are coming in 2014.  (more…)

How Can Franchising Work For You?

Monday, November 25th, 2013

Purchasing a franchise might seem like a very daunting process, enough so that you might not even consider it a possibility for you. However, have you ever considered what advantages buying a franchise might bring to you? Before jumping ahead to the benefits, let’s first look at what exactly franchising is.  (more…)

What Are The Top 5 Challenges Business Owners Face in Today’s Economy?

Thursday, September 26th, 2013

You may find that being your own boss is extremely rewarding. Starting a business from the ground up takes a lot of hard work, and you’ve been seeing the fruits of your labor. But your success doesn’t come without challenges. Business owners are facing some tough challenges these days, and you yourself may be experiencing some of these growing pains. Here’s a list of the top 5 challenges I’m seeing business owners like yourself facing in today’s economy. Do any of these resonate with you?

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Can I Qualify for New Incumbent Workforce Training Dollars?

Thursday, September 5th, 2013

The state just announced that it will launch the second round of the Incumbent Workforce Training Voucher Program. Earlier this year the state offered $20 million in cash to businesses to reimburse for training costs. However, all those dollars were accounted for the first day the program launched. Don’t fret though – more dollars will be available on September 30 at 10:00 a.m.! (more…)

How Will A Tax Credits and Incentives Plan Benefit Your Business?

Tuesday, July 30th, 2013

What if someone told you that you had an opportunity to claim thousands of dollars? You’d jump on it, right? Well, guess what? If you’re a business owner, you do have this opportunity!

Did you know there are an estimated 3,000 federal, state and local credits and incentives valued at more than $50 billion available to your business? These opportunities are both statutory and negotiated and include hiring credits, investment credits, real and personal property incentives, utility rate reductions, and infrastructure grants – just to name a few. Unfortunately, only a relatively small number of companies are taking advantage of these credits and incentives to which they are entitled.
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How Do You Protect Yourself from Identity Theft?

Thursday, April 11th, 2013

“Interested in credit card theft? There’s an app for that.”

Those were the recent words of Gunter Ollmann, a technology security consultant. To Mr. Ollmann’s point, identity theft is getting easier and easier to perpetrate. Identity thieves are using the internet to find victims and steal their private data.  But, the use of technology swings both ways; consumers are increasingly using it to protect themselves and their identities.  Here are some on- and offline steps you can take to protect yourself from those trying to gain access to your data: (more…)