Comprehensive Tax & Legal Solutions
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...
Your estate plan should be crafted to best reflect your intentions and give your beneficiaries as many tax breaks as are legally possible for them. While they will not be the appropriate estate-planning vehicle for everyone’s needs, many trust grantors find that a...
When a real estate deal is made, both buyers and sellers seek to tilt the contract in their favor – but there are some clauses in a real estate deal that can benefit both. A rent-back clause has that potential. Sometimes called a “leaseback” agreement, it’s...
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....
Estate planning is a way for adults to ensure they’re doing what they can to care for their loved ones after they die. There are several different things to think about if you’re trying to make sure you have everything in order. An estate plan can include a will and...
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...
Estate planning’s primary goal is for you to pass down assets to your beneficiaries. While many people don’t think about this aspect of estate planning, finding options to ensure as much as possible finds its way to them is crucial. Certain estate planning options,...