Category Archives: Ohio Business Taxation

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

Posted on July 28, 2017 by akroncpa

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, Ohio Business Taxation, Ohio Department of Taxation, State and Local Tax, Tax Compliance, Tax Planning, Uncategorized | Tagged Akron Ohio Certified Public Accountants, CAT Filing Deadline, Commercial Activity Tax, Levin Swedler Kennedy, Ohio Business Gateway, Ohio Department of Taxation | Leave a comment

ONCE AGAIN OHIO WILL HAVE A SALES TAX HOLIDAY IN AUGUST 2017

Posted on June 29, 2017 by akroncpa

Good News for Ohio Consumers – Once again S.B. 264 has enacted a one-time sales tax holiday to occur in 2016. The holiday starts on Friday, August 5, 2016 at 12:01 a.m. and ends on Sunday, August 7, 2016 at 11:59 p.m. During the holiday, the following items are exempt from sales and use tax: […]

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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, Uncategorized | Tagged Akron, Akron Accountants, Akron Accounting Firm, Akron Certified Public Accountants, Akron CPA, Akron CPA Firm, Akron CPAs, Akron Ohio Certified Public Accountants, Akron Ohio CPA, Akron Ohio CPAs, Akron Ohio Tax Accountants, Akron Tax, Certified Public Accountant, Certified Public Accountants, Corporate Taxes, CPA, Exempt From Sales and Use Tax, Exempt From Sales Tax, Levin Swedler Kennedy, Ohio, Ohio Consumers, Ohio CPA, Ohio CPA Firm, Ohio Department of Taxation, Ohio Sales Tax, Ohio Sales Tax Holiday, Retailers, Sales and Use Tax, Sales Tax Return, School Shopping, School Supplies, State and Local Tax | Leave a comment

Levin Swedler Kennedy Year-End Tax Planning for 2016

Posted on November 16, 2016 by akroncpa

With the Presidential and Congressional elections of 2016 behind us and the end of the year approaching, now is a prudent time to consider tax planning strategies to reduce your tax bill for 2016 and possibly future years. The results … Continue reading →

Posted in Akron Certified Public Accountants, Business, Business Owners, Business Tax Planning, Corporate Taxation, Internal Revenue Service, Ohio Business Taxation, Ohio Department of Taxation, Payroll, State and Local Tax, Tax Compliance, Tax Planning, Taxation, Uncategorized | Tagged 2016 Planning, Akron CPA Firm, akroncpa, Alternative Minimum Tax, AMT, Annual Gift Tax Exclusion, Business Tax, Certified Public Accountants, Corporate Tax, Corporate Taxation, Deminimus Safe Harbor Election, Domestic Production Activities Deduction, DPAD, Estate Tax Exemption, Federal Tax Policy, HB5, Higher Income Individuals, IRS, Levin Swedler Kennedy, LSK, Ohio, Roth IRA Conversion, Schedule C, Section 179, Tax, Tax Breaks, Tax Planning, Tax Provisions, Taxes, Traditional IRA | Leave a comment

ONCE AGAIN OHIO WILL HAVE A SALES TAX HOLIDAY IN AUGUST 2016

Posted on June 21, 2016 by akroncpa

Levin Swedler Kennedy Year-End Tax Planning for 2015

Posted on December 4, 2015 by akroncpa

As the end of 2015 approaches, now is a good time to consider planning moves that will help lower your tax bill for this year and into the future. Tax planning is a proactive and on-going process, this time of … Continue reading →

Posted in Business Owners, Business Tax Planning, Corporate Taxation, Internal Revenue Service, Ohio Business Taxation, Ohio Department of Taxation, Tax Compliance, Tax Planning, Taxation | Tagged Akron CPA Firm, akroncpa, business, Certified Public Accountants, Corporate Taxation, Corporate Taxes, Internal Revenue Service, IRS, Levin Swedler Kennedy, Ohio, Roth IRA Conversion, Tax Planning, Taxation, Taxes, Traditional IRA | Leave a comment

Identifying Potential Tax Scams

Posted on July 8, 2015 by akroncpa

Due to the recent rise in the number tax fraud cases, the IRS cautions taxpayers to be wary of any communication they receive regarding their Federal tax bill or refund. Phone calls, text messages, and emails that appear to be … Continue reading →

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business, Business Owners, Business Professional, Business Tax Planning, Corporate Taxation, Internal Revenue Service, Non-Profit, Not-for-profit, Ohio Business Taxation, Ohio Department of Taxation, Tax Compliance, Tax Planning, Taxation | Tagged Akron Certified Public Accountants, Akron CPA, Akron CPA Firm, Internal Revenue Service, Levin Swedler Kennedy, Tax Fraud, Tax Scams | Leave a comment

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 →

Ohio Tax Refund Fraud – Identity Confirmation Quiz

Posted on February 27, 2015 by akroncpa

The Ohio Department of Taxation (ODT) has seen a surge in attempted income tax fraud over the last several years. Fraudsters are using stolen social security numbers to file fraudulent income tax returns requesting hundreds of millions of dollars of … Continue reading →

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business Owners, Ohio Business Taxation, Ohio Department of Taxation, State and Local Tax, Taxation | Tagged Akron Ohio Certified Public Accountants, Bill Nagel, Identity Confirmation Quiz, Levin Swedler Kennedy, Ohio Department of Taxation, Ohio Tax Return Fraud | Leave a comment

Announcing Our Firm Name Change

Posted on September 30, 2014 by akroncpa

We are excited to announce that we are changing our firm name to Levin Swedler Kennedy, effective November 1, 2014. Our new firm name reflects our continuing evolution and best positions us as a leading provider of audit, accounting, tax … Continue reading →

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business, Business Professional, Business Tax Planning, Corporate Taxation, Employee Benefit Plans, Networking, Ohio Business Taxation, Tax Planning | Tagged Akron, Akron Accounting Firm, Akron Certified Public Accountants, Akron CPA Firm, Akron CPAs, Akron Ohio Certified Public Accountants, Gary Levin, Levin Swedler Kennedy, Ohio CPA Firm, Steve Swedler, Todd Kennedy | Leave a comment

INCREASE IN THE OHIO SMALL BUSINESS INVESTOR DEDUCTION CAN MEAN MAJOR TAX SAVINGS FOR THOSE DOING BUSINESS IN OHIO

Posted on July 31, 2014 by akroncpa

On June 16, 2014 Governor John Kasich signed into law H.B. 483, a bill with several tax provisions. One provision of the bill increases Ohio’s new (2013 was the first year the deduction existed) small business investor income deduction from … Continue reading →

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business, Business Tax Planning, Ohio Business Taxation, State and Local Tax, Tax Compliance, Taxation, Uncategorized | Tagged Akron Certified Public Accountants, Akron CPA Firm, Ohio Business Taxation, Ohio Department of Taxation, Ohio Passthrough Entity Taxation, Ohio Small Business Investor Credit | Leave a comment