Tag Archives: Akron Ohio CPA

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

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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 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

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

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

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

A Better Way to Count Inventory – Cycle Counting

Does your company still bring all of your employees in early on a Saturday morning to perform a full physical inventory count, spending a few hours counting and the remainder of the day (and evening) investigating discrepancies?  This process can … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Inventory | Tagged , , , , , , | Leave a comment