June Tax Tips: Affordable Care Act
How many employees does your business have for Affordable Care Act purposes? It seems like a simple question: How many full-time workers does your business employ? But, when it comes…
Effective debt management for construction companies
Managing debt helps protect your construction business Times are good in Northeast Ohio right now for construction companies and contractors. However it wasn’t all that long ago the industry was…
Run a Side Business? The Tax Implications
Make sure it’s no hobby If you run a business “on the side” and derive most of your income from another source (whether from another business you own, employment or…
A Good Tax Season for Ohio’s Small Business Owners
Ohio Tax Cuts By David M. Reape, CPA, Ciuni & Panichi, Inc. Principal Small business owners will reap the benefits of several Ohio tax cuts on their 2015 individual tax…
Your Business May Benefit from these Important Tax Extensions
by Anthony J. Constantine, CPA, Partner, Ciuni & Panichi, Inc. The Protecting Americans from Tax Hikes (PATH) Act of 2015 extended, and in a few cases made permanent, many favorable…
November Tax Tips: ACA Information Reporting Requirement
Gearing up for the ACA’s information reporting requirements Starting in 2016, applicable large employers (ALEs) under the Affordable Care Act (ACA) will have to file Forms 1094-C and 1095-C to…
More than Money: Customer-Smart Invoicing
Invoicing Should be Easy! It’s simple, right? You send customers an invoice and they pay up. But the process can be so much more — it can be an opportunity…
Hidden Messages in your Financial Statements
Ratio analysis and industry benchmarking provide added insight By themselves, financial statements provide limited insight into a manufacturer’s performance. To get a clearer picture of what’s really happening requires a…
Using CRUTs & CRATs to Sell Your Business Interest
These estate planning tools may also help in exit planning. Discover a pair of underappreciated exit planning vehicles. Charitable remainder unit trusts (CRUTs) and charitable remainder annuity trusts (CRATs) are…
Are You Taking a Tax Deduction for Mileage?
Make Sure to Get All the Tax Deduction You Deserve The tax expert at Ciuni & Panichi have another tip for your 2014 tax return. You probably know that miles…