September 2, 2021
We are a niche financial, accounting, tax, and wealth services firm that specializes in working with Ohio-based business owners, as well as individuals approaching (or enjoying) retirement. Founded by a tax attorney with a background in finance and business, we have worked with over one hundred small businesses, as well as hundreds of individuals, since our operations started in 2014. READ MORE
January 8, 2022
Individuals and small businesses that work as contractors should take notice of recent changes to Form 1099-K, which will sizably increase reporting on self-employment income to the IRS, beginning in 2022. READ MORE
November 18, 2021
Earlier this year, in an effort to revitalize the restaurant industry, which was deeply-impacted by COVID-19, the Congress passed a law temporarily increasing the amount deductible for business expenses incurred at restaurants. READ MORE
June 25, 2021
A small, powerful provision was tucked into the CARES Act and extended until January 1, 2026 in December of last year. ‘Educational assistance,’ an established and authorized benefit, was expanded to include employee student loan repayment. READ MORE
January 20, 2021
Applications for a second draw of the PPP loan are now broadly-available, but the eligibility criteria is more strict. Who can apply? Generally, the second draw is available to small businesses with less than 300 employees that experienced a 25% reduction in gross receipts in a comparable quarter (2020 versus 2019). In addition, the small business must have received and used (or will use) the initial PPP loan for authorized uses. READ MORE
January 18, 2021
To facilitate implementation of software changes, the IRS announced that tax season will begin February 12. The role of the IRS ‘evolved’ this past year, becoming the central distributor for billions of dollars in pandemic-related stimulus. Thus, it’s fitting that tax season begins this year on Darwin Day, an international celebration by scientists, commemorating the life and work of Charles Darwin (on his birthday). READ MORE