Joseph Popp | Rea CPA
Author
Oct 11, 2024
Article

4 Misconceptions About Working with a CPA Firm: What You Need to Know

Clear communication is essential in any professional partnership. Whether you're working with our firm or considering hiring another CPA, understanding these key points can help you get the most out of this important relationship.
Author
Jul 12, 2024
Article

Unraveling the Nexus Knot: Why Your Business Can’t Afford to Ignore State Tax Connections

Imagine this: Your small manufacturing company just landed a lucrative contract with a client in another state. You're thrilled about the growth opportunity, but unbeknownst to you, this single deal has just triggered tax obligations in a state where you've never set foot. Welcome to the complex world of state tax nexus.
Author
Jul 9, 2024
Article

Ohio’s Extended Tax-Free Holiday: What Restaurants and Businesses Need to Know

This summer, the Buckeye State is rolling out an expanded tax-free holiday that promises to boost sales and offer substantial savings. But there are also some challenges that businesses should be aware of. From July 30 to August 8, 2024, Ohio will suspend sales tax on a wide range of items, including dine-in restaurant meals. Let's dive into what this means for your business and how you can make the most of this opportunity and avoid potential problems.
Author
Jun 14, 2024
Article

The Hidden Cost of Doing Business in Multiple States: A Tax Perspective

As a business owner, expanding your operations into new states can be an exciting prospect. However, with growth comes new responsibilities, including the obligation to file taxes in those states. Unfortunately, not all businesses are aware of the potential pitfalls and risks associated with state and local taxes, leaving them vulnerable to scams and costly mistakes.
Author
Sep 15, 2023
Article

Ohio Tax Updates: New Software – What You Need to Know

Ohio Tax is embarking on a significant transformation of its internal software and taxpayer portal. It promises to bring a more user-friendly and modern experience to taxpayers and practitioners alike. This new system is live as of early September.
Author
Aug 17, 2023
Article

Navigating Ohio’s New Tax Changes: What You Need to Know for FY 2024-2025

There have been several recent changes to Ohio's operating budget for the biennium ending June 30, 2025. These changes encompass various tax provisions that may significantly impact your financial landscape. As your trusted Rea advisors, we aim to keep you informed and prepared for these modifications. Let's dive into the most impactful tax changes:
Author
Jan 8, 2019
Blog

New Rules: How To Conduct Business After The South Dakota v. Wayfair Decision

To understand the impact of the South Dakota v. Wayfair decision, you have to throw out everything you thought you knew about a business's physical presence in a state.