Comprehensive Tax & Legal Solutions

Year: 2015

Ohio restaurant “smashed” by unpaid taxes

When you run your own business or a small business, you know there are many pieces that go into the puzzle that makes up a successful business. You generally need a great concept and provide a great product or service that allows you stand apart from similar products...

Your type of business affects your tax rate

Many states use tax rates and other tax treatment as a means of luring businesses to the state and retaining those in the state. Ohio is no different, and the discussion out of the legislature every year always includes heated debates regarding how to change taxes to...

A zero sum game

Taxes and tax policies are complex. The laws and regulations that implement federal, state and local taxes in Ohio derive from multiple sources and each one of the taxing authorities have their own interests to serve. And because tax codes are statutory and...

IRS scammers are out there, and they are relentless

Dealing with the IRS is never fun. We’ll take our award for “most obvious comment of the day” now. In all seriousness, despite the agony of dealing with the IRS, you need to go about that interaction in a professional and appropriate manner. Failing to do so can lead...

What is a severance tax?

The Ohio legislature has been considering changing the state’s severance tax recently. In the last session, the legislature created tax policy study commission, whose job is to examine the state’s severance tax and put together proposals to reform the tax to...

It is a fixture or a business fixture?

Statutes and regulations often come with specific definitions, which identity they type of thing regulated and how the item defined may work with other statutes or regulations. These definitions often make less than exciting reading, but are necessary to the...

Taxes and the certainty of change

The Ohio legislature is still at work on the state’s tax laws and it is unclear what the final result will be, given the competing options percolating in Columbus. The Senate is working on a proposed cut of $500 million more than the House proposed. And the House tax...