Not rendering correctly? View this email as a web page here.
JUN17-Eblast-Masthead.png
Find Us.
Friend Us.
Follow Us.

Employers: $1 billion Headed Your Way in JulyCleveland CPAs Bureau of Workers' Comp_small.jpg

Ohio’s economy will get a big boost in July. That’s when the BWC will send $1 billion in rebates to eligible Ohio employers, the first part of The Third Billion Back plan that was announced in March.
 
Eligible employers will receive checks that total 66 percent of their...
 
 
 

Common Cents: Can you deduct summer travel with business expenses? 

By: Gary Sigman, CPA, M.Tax, PFS, AEP®
Senior Tax Manager

Cleveland CPAs Can you deduct summer travel.jpg

If you take a business trip during which you also vacation, you can take allowable deductions for travel expenses (i.e., airfare, hotel, cab fare, meals - subject to limitation, etc.) as long as the main purpose of the trip is for business. 

Deductibility of local travel: If you are self-employed and your residence is your principal place of business, you can deduct expenses you incur in traveling from your residence to any other work location.

Generally, your unreimbursed travel expenses are deductible, with the following limitations...

(Continue reading)   Facebook_circle_Blue.gifTwitter_Bird_circle_blue.gifEmail_green.gifLinkedIn_circle_Blue-25px.gif


 

Show Me the Money: How InvestOhio may reduce your taxes

By: Brett W. Neate, CPA, M.Tax
Partner 

Made in Ohio stock.jpg

While there are a myriad of ways to reduce Ohio income taxes that are well known and widely leveraged, some methods seem to go largely unnoticed.
One of those lesser-known and underutilized methods that every small business owner, or those interested in owning a small business, should be aware of is the InvestOhio program. 

InvestOhio, launched by the State of Ohio several years ago, was created to encourage investment in Ohio-based eligible small businesses. Qualifying applicants to this program will receive non-refundable Ohio personal income tax credits equal to 10% of their investment in an eligible small business. Any unused credits can be carried forward up to seven years.

(Continue reading)   Twitter_Bird_circle_blue.gifEmail_green.gifLinkedIn_circle_Blue-25px.gif 


 

Why Your 401(K) Plan May Not Be the “End-All Be-All” For Your Retirement

By: The Zinner & Co. Tax TeamCleveland CPAs 401 k.jpg

Since their inception via the Revenue Act of 1978, 401(k) plans have been great tools to help workers save for retirement. While a 401(k) plan has many advantages, there are also some drawbacks to them that one should consider when creating a comprehensive retirement-strategy.

The basic concept of a 401(k) plan is to allow workers to make pre-tax contributions to the plan from their paychecks. As a result, money contributed is not included in their taxable income for that year.

(Continue reading)   Facebook_circle_Blue.gifTwitter_Bird_circle_blue.gifEmail_green.gifLinkedIn_circle_Blue-25px.gif 


 

Ask the ExpertAsk-the-Expert.jpg

Help! I can't remember all my Pa$$woRds!

Q: I am fed up and frustrated trying to keep and remember passwords that are both complex and creative. This is frustrating and I am at my wits end. What can I do to make it easier for me to remember but more secure against attacks? 

-Mary Kay C, Business Executive, Brookpark, Ohio

A: Mike Jaworske, Zinner & Co. Network Administrator says:
Thanks for your question, Mary Kay. Yours is one that almost everyone can relate and you are not alone in your frustration.  Fortunately, I may be able to provide some insight and an alternative for you… 

(Continue reading)   Facebook_circle_Blue.gifTwitter_Bird_circle_blue.gifEmail_green.gifLinkedIn_circle_Blue-25px.gif


 

Zinner-EBook-SEPT16-Cover.jpgWhat to do Before Saying "I Do"

Marriage brings many financially-impactful considerations that have a lot of moving parts. If not addressed, these considerations can make one’s life exponentially more complicated. 

However, the opportunity to begin your marriage with open, honest communication about money will lead to more time to focus on being together and starting anew.

The ebook walks you through all those steps! 

Download your copy today! And, should you have any questions, please don’t hesitate to contact any of the Zinner professionals
for a no obligation consultation to learn more.

Download the free Ebook to learn more.

  


 

Krantz Serves as Chair of 45th Annual Charitable Tax Seminar 2015_Sue_Krantz_padded.jpg

Sue Krantz, CPA, CGMA, Partner, recently served as Chair of the 45th Annual Charitable Tax Seminar, hosted by The Jewish Federation of Cleveland.

About 175 people attended the seminar organized by the Federation’s Professional Advisory Council. The event is designed for attorneys, accountants, financial and insurance advisors, and non-profit professionals who advise their clients on estate planning, tax, and charitable issues.

"It's exciting to be part of the advancement of professional education and work collaboratively to bring high caliber presenters to our area. The knowledge that the advisors gained from this seminar can be used to help their clients live well today and plan effectively for tomorrow," said Krantz.

 

Be Zinner Takes Home the Bronze!Zinner video Susan.jpg

Under the creative direction of Communications and Development Director Susan Licate (pictured) with videography by BMA Media Group, "Be Zinner" took home the bronze award for advertising - video during the recent Lake Communicators APEX Awards Ceremony.

Check out what it means to "Be Zinner"  http://bit.ly/BeZinnerVideo

 
 
 

Welcome to our Newest TeammateKaren Covell_sm.jpg

Trading the heart of the Southwest for the heart of Rock and Roll, the firm welcomed Karen Covell to the firm as a Tax Administrative Assistant. Karen comes to the firm from Tucson, AZ., where she built her career as a systems analyst in city government and honed her knack for detail in application support.

As a member of our Client Service Team, Karen ensures documents are thoroughly processed and accurately prepared for client pickup or for filing within a municipality. Welcome, Karen!

 

Because Community is our Greatest Asset

Race for the Place Zinner CPAs Race for the Place-.jpg

The Zinner team traded their dress shoes for tennis shoes to sponsor and support the Gathering Place and their annual Race for the Place 5k walk/run. The event, held June 4, highlighted National Cancer Survivors Day and raised over $370,000 for the organization.
(Pictured L to R: Luke Baum, Robin Baum, Eric James, Yvette Yancy, Gabe Adler, Sue Krantz, Adam Krantz, Susan Licate, Jonathan Krantz. Camera shy: Gary Sigman)


Rose-Mary Center Zinner CPAs Rosemary Center-.jpg

 A perfect summer night provided a lovely backdrop as (Pictured, L to R) Partner Brett Neate, his wife Kelly, Audit Manager Chris Valponi, and Partner Gabe Adler attended the Rose-Mary Center's Enchanted Garden 95th Anniversary celebration on June 9. The firm is a proud sponsor of the Center, an organization that assists and empowers individuals with developmental and intellectual disabilities to achieve lives of increasing abilities and personal fulfillment. Learn more at http://www.rose-marycenter.com/


H.Kass_2015.jpgKass named president of the Society of Finance Service Professionals

Partner Howard J. Kass, CPA, CGMA, AEP®, was recently installed as president of the Cleveland-Akron Chapter of the Society of Finance Service Professionals.

"It is an honor and privilege to serve the Society and continue its longstanding mission of setting and promoting standards of excellence for professionals in financial services.  The Society is one of just a few organizations that brings professionals together from such a wide variety of professional pursuits to learn and grow from one another.  This diverse group of members seeks to collaboratively serve our clients by drawing upon each other’s strengths to provide financial advice in the most ethical and professional manner," said Kass.

The Society of Financial Service Professionals, a national organization with 11,000 members across 150 chapters worldwide, was founded in 1928 and strives to improve the level of ethical behavior among its members.

The Society is the only professional organization in the industry that requires its members to be credentialed or to be actively pursuing one of 22 widely-recognized financial service designations or degrees.

  

ICYMI.jpg

In case you missed it...

 

When Sallie Mae is on Your Personal Payroll

By DeAnna Alger, CPA
Accounting and Tax Services Senior 


Zinner-Logo-Horizontal-Full-Tag-Year.png
Facebook_circle_Blue.png Twitter_Bird_circle_blue.png LinkedIn_circle_Blue.png