Withum

APRIL 4, 2022

Because the District Court that decided the case resides in the Sixth Circuit, the decision applies only to taxpayers in Kentucky, Michigan, Ohio, and Tennessee. Micro-captive insurance transactions are, after all, included in the IRS’s dirty dozen list of tax scams. Business Tax Services. Contact Us. Contact Us.

Tennessee 64

Tennessee Kentucky Michigan Ohio 64

ThomsonReuters

NOVEMBER 2, 2021

Once you have established your company as a C corporation, you can then file an option to be taxed as an S corporation, which means that tax obligations pass through to the owners’ personal tax reporting. If you don’t know what kind of corporation your business is, call the IRS Business Tax Line at 800-829-4933.

tax return 59

tax return corporation tax income tax Tax 59

CPA Practice

APRIL 10, 2023

The department’s list of jurisdictions with a room tax is 66 pages long, and it may not account for every jurisdiction with a municipal room tax. It’s hard to get an exact count of taxing jurisdictions from states that don’t administer the taxes.

Tax 85

Tax West Virginia Wisconsin Virginia 85

ThomsonReuters

OCTOBER 20, 2020

In response to the fluid and uncertain situation that many businesses are facing, Checkpoint Catalyst conducted a comprehensive survey of state tax agencies to find out how individual states are managing tax issues related to COVID-19 worker displacement.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

ThomsonReuters

FEBRUARY 1, 2024

The bill also addresses the treatment of business interest expense, bonus depreciation, and research and experimental costs. Disaster Tax Relief Recognizing the impact of natural and man-made disasters, the legislation provides tax relief for recent hurricanes, flooding, wildfires, and the Ohio rail disaster.

Tax 98

Tax Ohio accounting and finance Finance 98

ThomsonReuters

FEBRUARY 1, 2024

The bill also addresses the treatment of business interest expense, bonus depreciation, and research and experimental costs. Disaster Tax Relief Recognizing the impact of natural and man-made disasters, the legislation provides tax relief for recent hurricanes, flooding, wildfires, and the Ohio rail disaster.

Tax 98

Tax Ohio accounting and finance Finance 98

Going Concern

NOVEMBER 10, 2023

Sikich Expands in Northeast Ohio with Acquisition of Thornhill Financial [ PR Newswire ] Sikich announced today that it has signed an agreement to acquire the operating assets of Thornhill Financial, LLC, a Cleveland-based accounting firm that provides tax, audit and financial advisory services.

audit 107

audit accounting and finance auditor Mississippi 107

PYMNTS

SEPTEMBER 26, 2017

Twelve percent cited said regulation was the most critical issue facing their businesses. One survey respondent, Jason Duff, founder of small business operator Bellefontaine Ohio Properties, said the current climate for SMBs in the U.S. reflects a lack of leadership at the White House.

Tax 40

Tax Ohio Healthcare business tax 40

CPA Practice

JANUARY 16, 2024

Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan. Wyden, D-Ore., and Smith, R-Mo.,

tax planning 116

tax planning Tax New Jersey Ohio 116

CPA Practice

JANUARY 16, 2024

By Caitlin Reilly, CQ-Roll Call (TNS) Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan.

Tax 52

Tax New Jersey Ohio income tax 52

CPA Practice

OCTOBER 6, 2023

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development. Companies have made plans to invest more than $230 billion in U.S. in Arizona and Intel Corp.

Tax 110

Tax Construction Arizona Ohio 110

CPA Practice

MAY 19, 2023

The pair said their legislation would ensure that fewer small businesses and casual sellers have to deal with that tax paperwork for online sales. Ohio small businesses are frustrated with the 1099-K reporting threshold.

Tax 98

Tax Louisiana Missouri Ohio 98

CPA Practice

JANUARY 12, 2024

By Caitlin Reilly, CQ-Roll Call (TNS) A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead for Senate Finance Chair Ron Wyden and Ways and Means Chairman Jason Smith. Elizabeth Warren, D-Mass., dismissed it as a giveaway to corporate donors.

Tax 98

Tax Idaho Iowa Colorado 98

CPA Practice

AUGUST 11, 2023

An impasse on if or how to bolster the benefit has now held up tax negotiations for a year. While Democrats are demanding a child credit boost in any bipartisan tax package that also revives lapsed business tax breaks, some lawmakers in Republicans’ narrow House majority are also naming it a top concern.

Tax 52

Tax Iowa Arizona North Carolina 52