2022 Year-End Tax Planning for Individuals
There is still time to do some 2022 year-end tax planning! Once the year is over, we will be unable to proactively assist with your 2022 tax situation; so please reach out to us if you’ve experienced any major life events this year. Major life events could...
Wondering About the Impact of Inflation on Your Business?
Sam Agresti, director at Brady Ware & Company, suggests ways businesses can stay ahead of inflation-driven changes, including culling unprofitable/difficult clients, streamlining your service offerings or working with an analyst to take a hard look at your real...
Ever Wonder How to Position Your Business for a Sale or Merger?
Caryn Kaufman, a partner at Taft Stettinius & Hollister LLP (Columbus), offers insights into strategic approaches for both buyers and sellers when approaching a merger or acquisition. We suggest you read Caryn’s article here.
Boost Your Retirement Savings In 2023
The IRS recently announced cost-of-living adjustments to pension and retirement fund contributions beginning in 2023. Contribution limits for 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan will rise to $22,500 from $20,500. The...
Preventing Fraud for Business Accounts
Jeff Kopco at First Federal Lakewood shares tips for identifying scam emails, spoofing and smishing attempts. All of these are simple, yet extremely important skills business owners need to teach their staff in order to protect their accounts. Please take a minute to...
Children & Income Tax: 3 Tips
As we pack up our students and send them off to school, here are three tips around kids, college students and college tuition that could impact your taxes. Children who are under 24 and are full-time students may be subject to Kiddie Tax on their investment income....
Electric Vehicle Tax Credit Changes Effective Immediately
The Inflation Reduction Act introduces a number of significant changes to the tax credit for new electric vehicles. These changes will phase in over time. Effective immediately (after August 16, 2022), the tax credit is only available for qualifying electric vehicles...Reminders & Tips for SafeSend Returns Users (Digital Tax Return Delivery)
We know it’s summer and most of you aren’t thinking taxes; however, we’ve heard from a few of you about needing to access the digital copies of your 2021 tax returns and/or tax documents. They are located in SafeSend Returns. Here are some helpful...