May 1, 2025 | Business Consulting, Personal Tax, Tax Planning
*Note: There have been no official changes to the tax law at the time of this posting. As you may be aware, the provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are due to sunset on December 31, 2025, unless extended by new legislation. Please be aware that any...
Dec 12, 2024 | Personal Tax
If you’re considering making charitable donations this year, contributing to a Scholarship-Granting Organization (SGO) could be beneficial. Ohio residents can receive a nonrefundable, dollar-for-dollar tax credit up to $750 (or $1,500 for married couples filing...
Dec 2, 2024 | Personal Tax
Taxpayers who have received payments via third-party payment processing platforms (such as PayPal, Stripe, Venmo, and CashApp) for selling goods or services might be surprised to receive a Form 1099-K in January. We suggest reviewing the following information to make...
Nov 25, 2024 | Personal Tax, Tax Planning
If you’re concerned about a potential April tax liability, it might make more sense than ever to do some tax planning before the year ends. Also, we strongly encourage you to reach out to us if you’ve experienced any of the following major life events this year:...
Aug 14, 2024 | Personal Tax
If the Tax Cuts and Jobs Act of 2017 (TCJA) expires at midnight on December 31, 2025, your tax situation could be drastically altered. It is worth considering how these changes could impact you and plan now to avoid unnecessary surprises later. According to USA Today,...
