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Mockensturm, Ltd. Legal Blog

Getting married? Don’t forget about tax issues

When going through big changes in one’s life, it can be important to be mindful of the tax considerations related to those changes. Big life changes come in many varieties. One such change is getting married. What tax issues are connected to tying the knot? There are...

What happens if I fall behind on my property tax?

Although it comes at the same time twice a year, your property tax bill likely surprises you. Like countless others in Ohio, that often unplanned-for expense will either wreck your budget or go to the back burner where you will deal with it later. However, later may...

Estimated tax mistakes can lead to tax penalties

There are many things individuals might be worried about when it comes to taxes. One is that they might accidentally subject themselves to tax penalties. There are a range of tax mistakes that could expose a person to such penalties. These penalties can have...

Things to watch out for in e-commerce efforts

E-commerce has come to be an important revenue stream for a wide range of companies. Many things can affect what impacts a company’s e-commerce operations end up having on the company’s overall financial state. One is how the business conducts such operations. Certain...

Delinquent payroll taxes mean tough penalties

Each week, your employees fill out time sheets, punch the clock or log in to record the hours they work. You or someone you hired keeps track of those hours, calculates the pay for each employee and issues a weekly check or deposit for the total amount, minus payroll...

Special tax considerations for flipping houses

In today’s world, there are a lot of ways out there for trying to make some extra money. One of these is flipping houses. This involves a person buying a fixer-up house, performing repair and renovation work on it and then trying to sell it for a profit. There are...

The benefits of having a business partner

From the time you were a child, you have learned the value of teamwork. Teachers may have paired you up for projects, and coaches taught you to work together for a victory. Later, you discovered that sharing the burden of a task made the work go faster, more...