If you have been listening to talk radio lately, you may have heard, on numerous occasions, the latest come-on for small business cash assistance. Most of these advertisements claim your small business can receive up to...more
On Wednesday evening, Senators Joe Manchin and Majority Leader Chuck Schumer announced that they had reached an agreement on a bill imposing a 15% minimum tax on certain large corporations, providing clean energy tax...more
8/9/2022
/ Clean Energy ,
Climate Change ,
Corporate Taxes ,
Drug Pricing ,
Energy Tax Incentives ,
Financial Statements ,
IRS ,
Medicare ,
Price Inflation ,
Solar Energy ,
Wind Power
Last month, Governor Mike DeWine signed Senate Bill 246, authorizing Ohio pass-through entities (PTE), including S corporations, partnerships and limited liability companies taxed for federal income tax purposes as...more
On Monday, Jan. 24, 2022, the U.S. Supreme Court issued an important decision dealing with defined contribution retirement plans. These plans, which include 401(k) plans, provide an array of investment choices from which...more
1/31/2022
/ 401k ,
Breach of Duty ,
Defined Contribution Plans ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Hughes v. Northwestern University ,
Plan Participants ,
Retirement Plan ,
SCOTUS ,
Tibble v Edison Int
As small and mid-size business owners move toward the federal tax filing deadline in this new year, they need to be aware of certain changes in the federal income tax area. A short listing of the highlights (more...more
1/27/2022
/ Business Losses ,
Business Taxes ,
Charitable Donations ,
Corporate Taxes ,
Employee Retention ,
Income Taxes ,
IRS ,
Net Operating Losses ,
Social Security Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Reform