Blog
Big Changes Ahead: What the OBBBA Means for Your Itemized Deductions
The OBBBA introduces major tax changes, some starting in 2025, including elimination of the Pease limitation, increased SALT deduction caps to $40,000 through 2029, new charitable contribution floors, and temporary deductions for tips, overtime pay, and car loan interest. These complex changes require careful tax planning analysis.
The Tax Guide to Choosing Your Business Entity: Making the Decision #LessTaxing
Starting a business is exciting, but choosing the correct taxing entity structure can feel overwhelming. The decision you make can impact your tax obligations for years to come, so let’s break down the tax pros and cons of each option to help you make an informed choice.
What the “One Big Beautiful Bill Act” Means for Your Taxes
Signed on July 4, 2025, the OBBBA refreshes dozens of TCJA breaks, adds fresh deductions for workers and seniors, and reshapes credits like SALT, child care, and adoption. Our quick guide helps you spot the savings.
Tax Savings Through Employer Benefit Choices: Small Decisions, Big Impact
Discover effective tax-saving strategies hidden within your employer-provided benefits. From HSAs to retirement contributions, optimizing these everyday choices can significantly lower your taxable income and support long-term financial health. Join us to explore how simple adjustments can lead to less financial stress.
Back-to-School and Beyond: Shop Ohio’s 14-Day Sales Tax Holiday
Mark your calendars, Ohio shoppers! From Friday, August 1 at 12:00 a.m. through Thursday, August 14 at 11:59 p.m., nearly every tangible item priced at $500 or less will be free of state, county, and local sales tax. Whether you are stocking up on back-to-school gear,...
What Ohio’s New $60B Budget Means for Taxpayers and Business Owners
Ohio’s newly signed $60 billion budget introduces significant tax changes, including a phased-in 2.75% flat income tax and maintained 3% business income tax. We are monitoring legislative developments to help keep you informed. At N&Co, we are available to provide year-round guidance to keep you compliant in Ohio’s ever-evolving tax landscape.
Tax Planning for 2025: Start Smart, Stay Ahead
Here are a few ways to make 2025 a year of smart, intentional tax planning.
What Ohio’s Proposed Budget Bill Means for You: Key Takeaways for Individuals and Business Owners
The latest proposals to Ohio’s biennial budget bill bring significant changes that could impact your wallet—whether you're a resident, a small business owner, or both. With a focus on tax reform and economic development, the current proposed budget aims to streamline...
May 29 Is 529 Day: How These Plans Can Help You Maximize Tax Benefits
May 29 is National 529 Day—a good reminder to take a closer look at how these savings accounts can support education goals while delivering meaningful tax advantages. While many families are familiar with the basic features of 529s, there are several planning...