Many small businesses are feeling the strain created by the coronavirus restrictions. We encourage our clients who would benefit from a Paycheck Protection Program (PPP) loan to take advantage of it. In this Forbes article, author Jason Freeman breaks down the...
The IRS recently released the mileage rates for 2020. Beginning Jan. 1, the business mileage rate decreased one-half of a cent for business travel driven and three cents for medical and certain moving expenses as compared to the rates for 2019. The charitable rate is...
Many of our clients are pass-through entities and sole-proprietorships. Ohio tax law has been very generous to these entities over the past several years, but there are now some changes to those laws. Part of the value of a CPA relationship is knowing that we will...
Reconciling your accounts is so important that Brea’s 13-year-old daughter already has it ingrained in her brain! Take a minute to watch as she guides you through the various reasons all businesses should reconcile their books each month. We are seeing errors when it...