Tax Law

Last week, the Trump administration passed the first major tax overhaul since the 1980s. No doubt, the tax reform law will have major implications for millions of Americans. One of the most significant aspects of the new law is how it will affect property tax...

With the cold Ohio winter upon us, spring may be the last thing on your mind. Before you know it, though, spring—and tax season—will be here. That’s why it’s best to start thinking now about how you can minimize your tax payments. With the end of the year approaching,...

Governor John Kashich’s two-year budget plan, which allows business owners to file taxes with the state of Ohio rather than their city of residence, is being challenged by a group of Ohio municipalities. Over 100 towns and cities are filing suit in an attempt to block...

Owning a business demands a lot of your time. You more than likely put a great deal of your time and effort into making it a success. Part of the time and effort you put into your business involves a plethora of paperwork. Depending on the nature of your business,...

The old saying is true: The only two certain things in life are death and taxes. Even after you are deceased, you technically still owe the previous year’s income tax. There is also one more kind of tax that you must pay after your death: The estate tax. The estate...

Marriage and divorce are two of the bigger things that can happen in a person’s relationship life. They can also be big events when it comes to a person’s taxes. Getting married or divorced can have major impacts on the rules, challenges and opportunities that are...

There are many types of charitable giving a person may do over the course of the year. Among the issues that can come up in connection to such gifts are tax issues. This is because, under U.S. tax law, taxpayers can claim deductions for their donations to charity....

The main federal income tax filing deadline here in the U.S. is in mid-April. However, spring doesn’t have a monopoly on important tax filing dates. Fall sees such a key deadline, the filing deadline for those who received an extension. Sometimes, circumstances make...

Preparing tax returns is not a job many look forward to. Tax laws change frequently – often annually – and you may not have the time or the desire to learn how those laws affect your particular circumstances. For this reason, you may be like many others in Ohio who...

Budgeting can play an important role for small businesses. This includes tax budgeting. As a recent NBC News article noted, budgeting out money to make sure a business has enough to cover its tax liability is among the things that could help a business owner with...