Monthly Archives: June 2015

ONE TIME OHIO SALES TAX HOLIDAY IN AUGUST 2015

Posted on June 18, 2015 by akroncpa

Good News for Ohio Consumers – S.B. 243 enacted a one-time sales tax holiday to occur only in 2015. The holiday starts on Friday, August 7, 2015 at 12:01 a.m. and ends on Sunday, August 9, 2015 at 11:59 p.m. … Continue reading →

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business, Business Owners, Corporate Taxation, Ohio Business Taxation, Ohio Department of Taxation, Sales and Use Tax, State and Local Tax, Tax Compliance, Taxation | Tagged , , , , , , | Leave a comment

SIMPLE INCOME TAX PLANNING WITH THE INVESTMENT INTEREST EXPENSE DEDUCTION – WHAT YOU CAN DO TO TURN NON-DEDUCTIBLE INTEREST YOU INCUR INTO DEDUCTIBLE INTEREST

Posted on June 2, 2015 by akroncpa

Many taxpayers are confused about whether interest paid on debts they incur is deductible for federal income tax purposes. Before 1987, personal interest such as interest on car loans, credit cards, and personal loans was fully tax deductible as an … Continue reading →

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Business Owners, Tax Compliance, Tax Planning, Taxation, Uncategorized | Tagged , , , , | Leave a comment