Know your Customers Before you Extend Credit
Safeguard Your Cash Flow By John Troyer, CPA, Partner, Audit and Accounting Services The funny thing about customers is that they can keep you in business — but they can…
Sales Tax and Your 2016 Tax Return
Ohio taxpayers can deduct sales tax on their 2016 tax return Ohio is one of the states where taxpayers can take an itemized deduction for state and local sales taxes…
Need to sell real property? Try an installment sale.
Is an installment sale right for you? If you or your company owns real property, you may not always be able to dispose of it as quickly as you’d like.…
How to Detect and Prevent Expense Reimbursement Fraud
Sweat the small stuff and Prevent Fraud By Reggie Novak, CPA, CFE, Senior Manager, Audit and Accounting Services Reimbursement fraud is often overlooked by management with the thought that their…
Changed Deadlines for Tax Forms 1099-MISC, W-3, & W-2
Deadline change for 2016 Tax Form 1099-MISC The new filing deadline for 2016 Form 1099-MISC with amounts in Box 7 (non-employee compensation) is now January 31, 2017 with the 2016…
Be Aware – Several Tax Filing Deadlines Have Changed
By Nick Leacoma, CPA, Senior Manager, Tax Be aware that tax filing deadlines have changed for various entities including C corporations and partnerships. The changes result from the Surface Transportation…
Are Your Business Taxes Going Up Or Down?
A quick look at the President-elect’s tax plan for businesses The election of Donald Trump as President of the United States could result in major tax law changes in 2017.…
Donating Appreciated Stock Offers Tax Advantages
Not-for-Profit Donations and Tax Savings By Mike Klein, CPA, Ciuni & Panichi, Inc. Partner-In-Charge of the Not-for-Profit Group The best scenario for not-for-profit organizations is when they have the revenue…
Alternate Minimum Tax Awareness: Be ready for anything
The dreaded surprise tax: What you need to know about Alternative Minimum Tax By Tony Constantine, CPA, Ciuni & Panichi, Inc. Partner, Tax AMT… those three little letters cause almost…
Know the IRS Tax Rules on Claiming Hobby Losses
Will you pay tax on a business or hobby? Are you launching a “side business”? Perhaps you hope to turn your love of writing or photography into a paying gig. Or…