Author: Heidi

Overview Of TCJA Changes Affecting Business

Overview Of TCJA Changes Affecting Individuals

Attached are the 2017 amounts that have been adjusted for inflation as well as the 2017 Tax rate tables. If you have any questions please call us! 2017 Tax Rates

If you have been a victim of identity theft this information could be helpful. Please let us know if you have any questions. Client Handout Identity Theft

Ever wonder what those old items you donated equate to for a tax deduction? The following can be used as a reference. FMV Guide Contributions

Ohio, along with other states, will require driver’s license information for the primary taxpayer and spouse (if Married Filing Jointly) beginning in tax year 2016 in an effort to combat stolen-identity tax fraud. Taxpayers will be asked to provide information from their driver’s license or state issued identification card. For taxpayers who do not have…

On December 13, 2016, President Obama signed into law the 21st Century Cures Act.  The Cures Act, which pays for cancer research, mental health treatments, the fight against opioid abuse, also creates a new type of employer-provided health care coverage – qualified small employer health reimbursement arrangements. Previously, such plans did not meet the stringent…

Starting in 2017, hefty increases in the penalties imposed apply if a payer fails to timely file an information return, fails to include all information required to be shown on an information return, or includes incorrect information on an information return (including all variations of Form 1099). The new penalties run as high as $250…