If you own and operate a business in Ohio, you probably know that you have to pay taxes. Knowing that you must pay your income tax, the income tax of the business and some other taxes is common knowledge. There are also various state taxes and, depending...
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Recent Posts
Back Taxes and Currently Non-Collectible Status
On behalf of Mockensturm Limited | Oct 16, 2015 | IRS
Sometimes life overwhelms you and wreaks havoc on your finances. The loss of job, a serious illness or disability, divorce, the failure of a business, these are some of the common reasons I hear from people who seek help with their IRS, State and Local back tax...
How much would Ohio make from marijuana taxes?
On behalf of Mockensturm Limited | Oct 10, 2015 | Income Taxes
According to the Ohio Department of Taxation, legalization of marijuana could bring in as much as $300 million in new tax revenue to the state. That figure is based on the assumption that there would be little integration of the wholesale and retail marijuana...
IRS FRESH START PROGRAM
On behalf of Mockensturm Limited | Oct 9, 2015 | IRS
Owing back taxes to the IRS is a very serious matter. However, familiarity with IRS procedures and limitations will help keep the burden from overwhelming you. Naturally, the IRS wants you to pay as much as you can and as quickly as possible. This is primarily because...