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

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

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

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

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

If you were eligible to receive covid-19 related stimulus payments, and never received them, you may be eligible to claim the Recovery Rebate Credit when you file your 2020 personal tax return. READ MORE