Category Archives: Accounting

Why Small Business Owners Should Consider Outsourcing Their Accounting and Tax Functions

Have you ever wondered why some of the most successful entrepreneurs and business leaders wear the same outfit each day? It is said that Albert Einstein bought multiple versions of the same gray suit to limit the number of decisions … Continue reading

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Establishing Residency for State Tax Purposes

Have you been contemplating moving to another state with lower taxes? Your move could lower your state tax bill, but you want to make sure to establish that the new state is your place of legal residency (also known as … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Domicile, State Tax, Uncategorized | Tagged , , , , , | Leave a comment

Reminder: Ohio Quarterly CAT Return Filing Deadline is Wednesday, May 10

The Ohio Quarterly CAT Return filing deadline is Monday, May 11, 2015.  The commercial activity tax (CAT) is an annual tax imposed on Ohio business entities and certain out of state businesses for the privilege of doing business in Ohio. It is measured by taxable gross receipts from business activities in Ohio.  Businesses with Ohio […]

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Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Professional, Business Tax Planning, Corporate Taxation, State and Local Tax, Tax Compliance, Tax Planning, Uncategorized | Tagged , , , , | Leave a comment

Reminder: Ohio Quarterly CAT Return Filing Deadline is Thursday, November 10

The Ohio Quarterly CAT Return filing deadline is Thursday, November 10, 2016.  The commercial activity tax (CAT) is an annual tax imposed on Ohio business entities and certain out of state businesses for the privilege of doing business in Ohio. It is … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Professional, Business Tax Planning, Corporate Taxation, State and Local Tax, Tax Compliance, Tax Planning, Uncategorized | Tagged , , , , | Leave a comment

Reminder: Ohio Quarterly CAT Return Filing Deadline is Wednesday, August 10

The Ohio Quarterly CAT Return filing deadline is Wednesday, August 10, 2016.  The commercial activity tax (CAT) is an annual tax imposed on Ohio business entities and certain out of state businesses for the privilege of doing business in Ohio. It is … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Professional, Business Tax Planning, Corporate Taxation, State and Local Tax, Tax Compliance, Tax Planning, Uncategorized | Tagged , , , , | Leave a comment

A New Lease on…Leases?

Here’s What Happened On February 25, 2016 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842).  An SEC finding in 2005 led to a joint effort between FASB and the International Accounting Standards … Continue reading

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