Published March 26 in Smart Business Insight Advice and Strategy
Ohio legislation has been proposed to close the “LLC Loophole” to make real estate transfer taxes also apply to indirect transfers. Tony Constantine, CPA, tax partner at Ciuni & Panichi, Inc., discussed what the bill could mean with Smart Business.
Tax reform: Next Steps for Business Owners Under the New Law
Published February 26 in Smart Business Insight Advice and Strategy
“The uncertainty will probably remain going into the summer,” Jim Komos, CPA, Ciuni & Panichi, Inc. Tax Partner, told Smart Business. “Plus, they’re already talking about a corrections bill to fix loopholes that resulted from rushing it through.”
How a Cost Segregation Study can Focus your Fixed Asset Strategy
Published January 29, 201826 in Smart Business Insight Advice and Strategy
Has your business acquired, constructed or substantially improved a building recently? You may want to get a cost segregation study to develop a strategy around capitalizing your fixed assets. It could allow you to accelerate depreciation deductions, to ultimately reduce taxes and increase cash flow, Tony Constantine, CPA, Ciuni & Panichi, Inc. Tax Partner, told Smart Business.