Comprehensive Tax & Legal Solutions
Businesses can be heavily impacted by a wide range of tax laws and policies. This includes the sales tax laws and policies of the states that they operate in. States vary greatly in their sales tax rules. This includes in their rules regarding how their sales tax...
For Ohio business owners, there are a variety of situations that can be very alarming ones. Among these is their company receiving an Audit Commencement Letter. This can mean that the state’s Department of Taxation will be performing a sales tax audit on their...
Living wills are legal documents that give you the power to make decisions regarding the health care you receive. They are an important, yet underappreciated, piece of a complete probate and estate plan. Ohio law permits living wills to be changed or modified at any...
With tax day just having passed, federal taxes can be fresh on people’s minds. How much federal tax liability do people here in the U.S. generally have? Well, reportedly, in 2016, the national per-person average for federal taxes paid was $8,943. This includes income,...
Leasing property for commercial or residential use can be a good way to earn money. However, landlords often have to deal with a number of issues with tenants. When problems start small, it can be easier to address them. Under these circumstances, tenants and...
It may seem hard to believe, but the deadline for Tax Day 2017 is now just over a week away, falling, oddly enough, on Tuesday, April 18 owing to an especially peculiar calendar year that sees April 15 fall on a Saturday and the following Monday fall on a designated...
It appears that Ohio has seen a fair amount of startup activity so far this year. According to recent data from the state’s Secretary of State’s office, 12,827 new businesses submitted business filings this March here in Ohio. This is the highest new filing total of...
Sometimes an audit happens by chance, but in many other cases, it happens because of some sort of discrepancy that the IRS discovers in your tax filing. It can be extremely stressful to be audited when you have put many hours into sorting all your paperwork and...
Estate planning can be a difficult topic for a lot of people to talk or even think about. After all, making end-of-life plans and deciding what will happen to your assets when you are gone can be uncomfortable. However, creating an estate plan can be crucial for many...
On January 18, the U.S. Treasury Department proposed regulations pertaining to tax audits for large partnerships. These rules also apply to limited liability companies and other business entities treated as partnerships for federal tax purposes. Although the rules...