Changes Are On The Way For The Ohio BWC Billing System

As an employer in Ohio, you’re probably aware that the Ohio Bureau of Workers’ Compensation will begin the process of switching its billing system – from retrospective to prospective. Mailings informing private and public employers of the switch were sent out in June. The transition may be scheduled to take place July 1, 2015, but … Continued

What the FAFSA?

Didn’t it seem like just yesterday that you were rocking your little baby to sleep? How is it possible that your baby is already starting to look at colleges? In addition to the mix of emotions you feel about sending your child off into the world, you may also be feeling a little bit of … Continued

Football Ticket Deductions

Well, the big college football game is just around the corner and you don’t have tickets. You are planning to purchase the tickets, entertain a client at the game and write off the cost. Is that going to be cool with the IRS? It’s a good idea to read the tax rules before you spend … Continued

Do I Need a Will?

What would happen if you were to die suddenly without a will? If a deceased individual, the decedent, does not have a will, Ohio law dictates how assets are divided. If any part of a decedent’s estate is not spelled out in his/her will (intestate), that part is distributed in the following order and manner: … Continued

Year-End Gifting

The end of the year is often a time when people consider making gifts to family members or other loved ones (such as their CPA?). Lifetime gifting can save federal and state death taxes because the cash or other assets comprising the gifts, along with any subsequent increase in their value, are removed from the … Continued

Business Travel or Personal Vacation?

So you decided to attend that business convention in California over the holidays and are rounding up your expenses to turn in to your tax preparer. Oh, you decided to take the entire family along? Here’s a quick guide to help you determine what is a tax deduction and what is not. Air fare. Assuming … Continued