Latest From the Blog
Tax Tip of the Week | No. 305 | Ohio BWC Credit Opportunity
About 11,000 businesses and other employers insured by the Ohio Bureau of Workers' Compensation (BWC) could lose their share of the statewide $1.2 billion premium credit in the pending switch to prospective billing if they don't bring their accounts current by July 1.
Tax Tip of the Week | No. 303 | Tax Scams Continue
Tax scams do not end with the tax season. The IRS phone scam continues to victimize taxpayers. Fraudsters make phone calls to taxpayers, pretending to be IRS agents, and inform them that they owe back taxes.
Tax Tip of the Week | No. 301 | 15 Ways To Spend A Refund
15 wise moves to make with your client's enormous tax refund: The average taxpayer refund for the 2014 filing season was $2,893, slightly higher than the amount recorded in the recent years. Tax refunds can be put into good use by paying down high-interest credit-card debt and making additional mortgage payments, according to Motley Fool.
Tax Tip of the Week | No. 300 | A Third Look at MFJ vs. MFS
The last couple of weeks we have looked at Married Filing Joint (MFJ) vs. Married Filing Separate (MFS). This week we see how you need to file these in Ohio.
Tax Tip of the Week | No. 298 | Thank You!
Aaaah……The week after tax season (and the first full weekend home in two and half months) is the best week in a tax accountant’s life!
Tax Tip of the Week | No. 296 | No More Double Dipping in Ohio
Beginning with the 2014 filing year, dependents will no longer be able to claim a personal exemption if another taxpayer claims them on their return.