Insight Tag: Tax
Jun 22, 2022
Article
Depreciation Recapture: Paying the Piper When a Depreciated Property is Sold
When a property owner sells an asset that previously was used to offset ordinary income through depreciation, the gain is taxed through depreciation recapture.
Article
President Biden Signs $1.2 Trillion Bipartisan Infrastructure Bill
Learn more about the $1.2 trillion bipartisan infrastructure bill recently signed by President Biden.
Blog
Important Update: New Requirements for Partnerships & S Corporations
On January 18, 2022, the IRS issued important updates to the instructions related to filing the new Schedules K-2 and K-3 for tax year 2021 for partnerships and S corporations.
Blog
Crossing State Lines | Examining The Hidden Costs And Liabilities Of Doing Business Outside Of Your State
Staying on top of nexus and state tax risk can help keep your business compliant and safeguard you from the hidden costs of doing business outside of your state.
Aug 19, 2021
Blog
Don’t Make These 10 Audit-Triggering Mistakes
Want to stay off the IRS audit list? Start by avoiding these 10 1040 faux pas.
Blog
New Guidance Issued To Help Business Owners Navigate The Choppy Employee Retention Credit (ERC) Waters
New notices from the IRS could impact your business.
Blog
Ohio’s Budget Bill Addresses Remote Work Challenges
Find out how H.B. 110 addresses state and local tax considerations in a remote work environment.
Blog
Employee Retention Credit (ERC) Can Provide Relief For Medical, Dental Practice Owners
Don't leave relief funds on the table!
Events
Revealing The State & Local Tax Consequences Of A Remote Workforce
Your remote workforce policies could come with unexpected state and local tax consequences.
May 11, 2021
Podcast
Episode 282: How Do Remote Workers Affect Your Taxes?
Are Remote Workers Worth It? Out-Of-State Employees Trigger Nexus Remote work has become a part of the new normal and, as a business owner, you can’t help but wonder how these changes will affect your business in the years to come. Unfortunately, if you keep remote workers on the payroll, these same out-of-state employees might … Continued