Category Archives: Taxation

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

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Owners, Business Professional, Business Tax Planning, Corporate Taxation, Non-Profit, Not-for-profit, Outsourced Accounting Services, QuickBooks, Small Business Accounting, Tax Compliance, Tax Planning, Taxation, Taxes | Tagged , , , , , , , , , , , , , , , | Leave a comment

IRS Debunks Myths Surrounding Tax Refunds

As millions of people begin filing their tax returns, the Internal Revenue Service reminds taxpayers about some basic tips to keep in mind about refunds. During the early parts of the tax season, taxpayers are anxious to get details about … Continue reading

Posted in Additional Child Tax Credit (ACTC), Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Earned Income Tax Credit (EITC), Internal Revenue Service, Refunds, Tax Refunds, Taxation, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

IRS Tax Tip Number 11 – IRS, States, Industry Urge Taxpayers to Learn Signs of Identity Theft

No matter how careful you are, identity thieves may be able to steal your personal information. If this happens, thieves try to turn that data quickly into cash by filing fraudulent tax returns. The IRS, state tax agencies and the … Continue reading

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Levin Swedler Kennedy Year-End Tax Planning for 2016

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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

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 … 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, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why an Estimated Tax Checkup may be in Order

It’s not a major disaster if you owed some money when you filed your 2015 return-after all, you’d rather have the use of the funds for as long as possible. A scenario you want to avoid is having to pay a … Continue reading

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Last Minute Change for New Forms Affecting 2015 Form 1040 Taxpayers

During the first quarter of 2016, you may receive one or more of the new health care coverage information forms to help you prepare your 2015 Form 1040.  The new forms are: Form 1095-A – Only individuals who enrolled in 2015 coverage through … Continue reading

Posted in Affordable Care Act, Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Business, Business Owners, Business Professional, Corporate Taxation, Internal Revenue Service, Tax Compliance, Taxation | Tagged , , , , , , , , , , , , , | Leave a comment