Oct 22, 2026 | Corporate Tax
This is one of those deadlines that sneaks up on you. Every year, all Ohio businesses, large and small, file an Unclaimed Funds Report with Ohio’s Division of Unclaimed Funds. This year’s deadline is November 1, 2026, and it covers accounts that have been inactive as...
Dec 24, 2024 | Business Consulting, Corporate Tax
An injunction to halt FinCEN’s collection of beneficial ownership information (BOI) was overturned yesterday, Dec. 23, in the Fifth Circuit Court of Appeals. Please see this Journal of Accountancy article for more details. What does this change mean?...
Sep 7, 2023 | Corporate Tax, Personal Tax
For some of you, taxes don’t end in the Spring, and we have a couple reminders: 1. If you make quarterly estimated tax payments: the 3rd quarter estimated tax payment is due September 15. 2. If you are on extension and still need to file your personal or...
Aug 23, 2023 | Corporate Tax, Personal Tax
Business and personal income tax clients on extension for the filing of their 2022 taxes need to be aware that the final filing deadlines are quickly approaching. 2022 Corporate and Partnership tax returns are due Friday, September 15, and personal income tax returns...
Jan 5, 2023 | Corporate Tax
The IRS has announced the new standard mileage rates for 2023. Beginning January 1, the new mileage rate for business use will be 65.5 cents/mile, which is an increase of 3 cents/mile. This new rate applies to all electric, hybrid-electric, gasoline and diesel-fueled...
Jun 15, 2022 | Corporate Tax, IRS
In recognition of rising gas prices, the IRS has announced a rare increase to the optional standard mileage rate for July-December 2022. The new rate will be 62.5 cents/mile, an increase of 4 cents/mile from the rate at the start of the year. (Travel from January-June...