Article #3 in the New Business Owner Series By Toby Kaye, CPA/ABV | Manager, Tax As a business owner, you will always be juggling multiple priorities. Regardless of the situation in your business, your attention must be laser-focused on your target market. Helping your customers is the reason you entered the business. You must understand them …
Before you start, choose your destination Article #2 in the Succession Planning series By Toby Kaye, CPA/ABV | Manager, Tax I had discussed in the initial article about listing your desired exit outcomes in priority order during the planning phase. Any additional time spent on this phase clarifying your goals will pay dividends throughout the …
By Logan Jaworski | Associate, Tax As we await the smoke to clear from the Tax Cuts and Jobs Act of 2017 (TCJA), Ohio has just passed changes of their own for the 2019 tax year. For tax years 2016 and forward, Ohio Rev. Code Section 5747.01(B) allowed anyone who reports income from a pass-through …
Before You Start: Understand Yourself and Your Current Situation By Toby Kaye, CPA/ABV | Manager, Tax A mentor of mine would often tell me, “always keep the end in mind.” Proactive planning is a good recommendation. The stakes are much greater when it comes to succession planning. As soon as the entrepreneur starts a business, …
By Toby Kaye, CPA/ABV | Manager, Tax Congratulations! You have recently conceived your big idea to launch a new business and secured initial funding to get started. You are excited to work hard to build your dream into reality. Passionate in their mission. Taking risks. Resilience under pressure. I love listening to entrepreneurs talk about …
By Mike Fink, CPA | Supervisor, Tax The state of Ohio established a Research and Development (R&D) Investment Loan program for qualified business owners more than 15 years ago but many business owners may be unaware of its existence or benefits. This program provides low-interest loans with a tax credit through the Ohio Development Services …
Why Manufacturers Need to Know About Ohio’s R&D Investment Loan Read More »
Stimulating developments have occurred recently to reestablish important tax deductions for small business owners in Ohio. Early in June: The Ohio House of Representatives passed their version of a state budget, including an increase of $1.2 billion in business taxes. The House budget cuts personal income tax rates by 6.6% but switched tax burden to …
What’s the most effective way to measure the success of a leader? Our guest today – Mike Rao – tells us how and much more in an insightful conversation. Mike is an expert in professional development, career coaching, emotional and social intelligence, and employee engagement. After 15 years in the corporate world, Mike tells Chuck …
By Bob Neides, CPA Opportunity Zone investments offer a unique “opportunity” to defer, reduce, and even eliminate having to pay tax on certain capital gains. Created from provisions in the Tax Cuts and Jobs Act of 2017, according to Investment News, “Opportunity Zones are specifically designed to incentivize investment in economically distressed communities and, for …
By John Valle, CPA, MTax | Principal, Tax The tax reform changes signed by President Trump in December 2017 are the most extensive overhaul of the tax system since 1986. With the changes came a lot of new buzzwords thrown around when discussing tax reform. While the provisions impact all types of businesses, what does it …
Translating Tax Reform for the Transportation Industry Read More »
