Author: Lisa Beamer

What do you know about the mid-quarter convention?

Did you receive Form 1099-G from the State of Ohio even though you didn't apply for unemployment benefits? You could be a victim of identity theft. Read on to learn more.

Tax and identity theft scams never take a break. Don't fall victim to these schemes. Read on to find out how the fraudsters are currently trying to get to your personal and financial information.

Forget what you thought you knew about self-insurance.

The game may be "fantasy" but the money is real.

Ohio's tax-free holiday is a good way to save on back-to-school items. Read on to learn about more school-related tax savings.

The IRS has lowered the penalty relief threshold to 80 percent. Keep reading to learn what this change means to you.

When tax season arrives once more, taxpayers will be greeted by a new Form 1040. Read on to learn more about this shorter, simplified form.

For the last 17 years, the maximum yearly deduction for those who invest in a CollegeAdvantage 529 plan was set at $2,000 per account, but with the New Year comes a new maximum deduction. Keep reading to learn more.

Trying to determine which meal and entertainment expenses are nondeductible, 50 percent deductible and 100 percent deductible? This article should help.

Once again, scammers are targeting payroll and human resource officials with an email phishing scam designed to collect sensitive employee information.

Since introduced as part of the Job Creation and Worker Assistance Act of 2002, bonus depreciation continues to be a powerful tool for year-end business tax planning. Keep reading to discover just how powerful.

As your health or the health of someone you care about begins to “slip” you may consider bringing in some additional assistance to help improve functionality and overall well being. Fortunately, you may be able to catch a bit of a break on your tax bill thanks to the personal medical expense deduction. Read on to learn more.

Do you know your credit score? This year, more people than ever before will have access to this valuable piece of information, which is significant if you are considering borrowing money. A few days ago Bank of America and JPMorgan Chase and Ally Financial announced that it will begin offering FICO credit scores to consumers … Continued

Have you ever found yourself on the lucky side of a casino, a lottery ticket or a riverboat? If so, listen up! You may feel lucky, but don’t forget about the IRS. Every year when we prepare tax returns for clients, we come across the lucky individual who receives a W-2G from their favorite casino, … Continued

So many self-employed individuals have asked me, “Why are my taxes so high? Individuals with their own business, including single member LLC’s, not only pay federal income taxes at their appropriate tax bracket, but they will also be liable for the Social Security and Medicare tax on the earnings of the business. As an employee … Continued

If you don’t currently offer your employees a Section 125 Plan, have you considered the benefits of starting one? Generally speaking, a Section 125 Plan allows your employees to withhold an amount from their paycheck that is not subject to the federal income tax, Social Security tax or Medicare tax. Most often, Section 125 Plans … Continued