Tag Archives: Akron Ohio Tax Accountants

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

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

New Overtime Rules Issued: What it Means for You

A change in the rules governing overtime has been coming for two years, with a sneak preview of proposed modifications last year. But on May 18, the Department of Labor (DOL) came out with its new final rules, which take … Continue reading

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Owners, Department of Labor, DOL, Fair Labor Standards Act, Payroll, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

IRS Raises Tangible Property Expensing Threshold

Many businesses are uncertain how to account for costs to acquire, produce or improve property, plant and equipment. So, in 2013 the IRS issued regulations on capitalizing versus deducting the costs of tangible personal property. In 2014, the IRS added … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Business, Business Owners, Business Tax Planning, Corporate Taxation, Internal Revenue Service, QuickBooks, Tax Compliance, Tax Planning, Taxation | Tagged , , , , , , , , , , , , , , | Leave a comment

Ohio sales and use tax and employer withholding changes

By now all businesses registered with the Ohio Business Gateway should have received a letter from the Ohio Department of Taxation outlining the significant state tax law changes recently approved by Ohio Governor John Kasich and the Ohio General Assembly.  … Continue reading

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

State of Ohio Tax Deductions – Military Provisions

According to the 2012 U.S. Census, the State of Ohio had a total of 61,785 individuals serving as military personnel; representing approximately 2.4% of the total U.S. Military.  On this Veterans Day, Levin, Swedler & Company would like to extend … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Akron Ohio Community, Internal Revenue Service, State and Local Tax, Tax Compliance, Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

What’s the “Right” Form of Business Entity?

A substantial amount of financial planning is concerned with choosing amongst different legal forms of business entities and arranging these forms in particular structures. The way income is taxed in each form is a major consideration in choosing the right … Continue reading

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