Management letters: Have you implemented any changes? Audited financial statements come with a special bonus: a “management letter” that recommends ways to improve your business and your internal controls. That’s…
When is tax due on Series EE savings bonds? You may have Series EE savings bonds that were bought many years ago. Perhaps you store them in a file cabinet…
Do You Pay Social Security Taxes for Your “Nanny” The “nanny tax” must be paid for more than just nannies You may have heard of the “nanny tax.” But even…
Ready for a Start-up? Start With Your Budget. Are you budget ready? More than half of recent college graduates plan to start a business someday, according to the results of…
Auditing grant compliance Has your organization received any public or private grants to fund its growth? Grants sometimes require an independent audit by a qualified accounting firm. Here’s what grant…
IRA distributions f you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a SEP-IRA). It’s even more critical to carefully plan…
Run your strategic-planning meetings like they really matter Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The ideas are…
Is it time for your business to hire a CFO or controller? Do you need a CFO? Many business owners reach a point where managing the financial side of the…
Section 179 says it’s a good time to buy business equipment and other depreciable property There’s good news about the Section 179 depreciation deduction for business property. The election has…
Ohio Income Tax Changes Resulting from Budget Agreement by: James Komos, CPA, CFP and Matt Laubscher Ohio’s substantial, $69.8 billion biennial budget bill was recently signed into law. The final…