Comprehensive Tax & Legal Solutions
Before starting a new business, you should understand your future tax responsibilities. This can help you avoid complications and run a smooth operation. Every decision matters, but selecting a business structure that fits your needs is crucial. It will determine the...
Investing in real estate in Ohio can be a lucrative venture with hard work and careful planning. An unfortunate number of those new to real estate investing fail to take tax considerations into account, leading to unnecessary and often preventable losses. Here are...
Financial emergencies can arise unexpectedly, forcing many to consider tapping into their retirement savings. Two common options are 401(k) loans and hardship withdrawals. While both provide access to your retirement funds, they have distinct implications for your...
One thing that can trigger an audit is when you make a tax mistake. This is often why people are very concerned about making unintentional errors. At our firm, we have already discussed how there is a big difference between an accidental mistake and intentional tax...
Most people who are creating an estate plan want to ensure that they’re leaving their loved ones as much as possible. One thing that could eat away at that total inheritance is taxes. Ohio doesn’t have an estate tax, so you’ll only have to think about federal taxes....
Whether you’re doing taxes as a business owner or an individual, you’re expected to do them correctly. You may not officially have any training or education regarding how to do your taxes, as most people don’t. But there’s still an obligation to follow the regulations...
Navigating tax obligations can be challenging, especially if you’re already feeling financially constrained. Fortunately, the Internal Revenue Service (IRS) offers options for taxpayers who are able to make installment payments, providing a structured approach to...
Tax season might be over, but that doesn't mean you're safe from the IRS. Businesses of all sizes in Ohio can face tax audits, which can feel stressful and overwhelming. But don't panic! Here's a breakdown of what to expect and how to prepare if your business gets...
Tax planning is an important part of owning and running a business. By implementing strategic tax planning measures, businesses can enhance cash flow, improve profitability and better ensure compliance with relevant tax laws. Several tips that can allow you to more...
Many business owners and individuals fear an audit when doing their taxes. They are worried that they’re going to make a mistake and that the IRS is suddenly going to swoop in, looking for evidence of fraud and potentially handing out financial fines – or even making...