If you regularly work from home, you may be able to take advantage of a deduction for the business use of your personal residence. The home office deduction...
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Can You Deduct Your PJs and Coffee?
Getting Creative with Home Office Deductions
By Mike Hermes, CPA Tax Senior
If you regularly work from home, you may be able to take advantage of a deduction for the business use of your personal residence. The home office deduction, however, has some specific requirements you should be aware of before claiming it on your tax return.
By Deanna Alger, CPA Accounting and Tax Services Senior
Many of my clients have a child heading off to college in a month or two and have asked about 529 Plan withdrawals to help cover upcoming education expenses.
Contrary to what some may think, not all withdrawals are tax-free. Therefore, it is important to understand the basics of 529 plan distributions to avoid paying unwanted federal income tax.
By Gary Sigman, CPA, M. Tax, AEP Accounting and Tax Services Manager
It goes without saying that the death of one's spouse is typically an extremely difficult emotional trauma. When one loses a spouse, the last thing on the surviving spouse’s mind is the tax issues to be addressed.
Nonetheless, the passing of one’s spouse will likely lead to certain federal income tax tasks and responsibilities. Among other things, you'll need to learn the proper procedure for filing and signing your spouse's final income tax return, and you'll need to review the applicable filing status rules.
Sue Krantz Completes Term as President of Nonprofit CPAs
Partner Sue Krantz finished her term as President of Nonprofit CPAs, a nationwide affiliation of independently owned accounting firms committed to delivering exceptional financial and consulting services to nonprofit organizations. Krantz, (front row, center) is shown with the executive team of the Rainmaker Companies at the recent 2016 SuperConference held in Miami, Florida. Krantz will remain on the Board as a member of their executive committee.
“I’m thrilled to continue to serve on the Nonprofit CPAs board and share industry best practices that ultimately benefit our not-for-profit clients and the communities they serve. Fiscal strength is crucial for all organizations; transparency is vital. Understanding the issues on a national level will help to pave the way in our own backyard,” said Krantz.
Nonprofit CPAs members cooperatively build leading accounting practices in their individual markets by exchanging business development practices and technical knowledge to benefit more nonprofit clients effectively. Krantz has led and represented the firm’s involvement since 2011.
Putting our Best Foot Forward!
There was no mistaking the Zinner’s Zest team as they donned their lime green team tee’s and stepped off to raise funds and awareness for The Gathering Place. The Z team along with over 4,000 participants, gathered for the annual Race for the Place 5k walk and run. The event, held June 5 in Beachwood, raised over $400,000 for those affected by cancer and their families. Learn more, visit www.touchedbycancer.org.
Zinner & Co. Named Apex Award Winner
Zinner & Co. was named an Apex Award winner by Lake Communicators during a recent recognition ceremony to honor creative marketing and communications ad campaigns.
Mike Hermes, CPA, Tax Senior, Susan Licate, Communications Director, and Barry Edwards, Principal, Edwards Communications, attended the event to accept the award.
The firm won in the mixed media campaign category for collaborative work on the Internship recruiting campaign of which Edwards Communications created the design for the print collateral; BMA Media Group created the recruitment video, and the firm developed the web page.
Sue-Ann Sanders Attains the Certified QuickBooks ProAdvisor Designation
Hat’s off to Sue-Ann Sanders for attaining the Certified QuickBooks ProAdvisor designation. As a ProAdvisor, Sue-Ann joins Mary Ann Mezacapa and CPA Richard Huszai as experts who have been tested and certified by Intuit on a range of QuickBooks products.
As business advisors, we help clients obtain the most out of their QuickBooks software. Richard, Mary Ann and Sue-Ann provide a range of services, including QuickBooks setup, on-site training, payroll and consulting, and outsourced QuickBooks service.
Pictured left to right: QuickBooks Certified ProAdvisors MaryAnn Mezacapa, Richard Huszai and Sue-Ann Sanders.
Record retention is one of the most important actions everyone should take, but few do properly. This Ebook will outline tax documents and common personal documents along with their suggested retention schedules.
Once you've read this Ebook, you will better understand which documents you can safely keep, store or shred and more so, what best practices you can adopt right now for the utmost security of your personal information within those records.
Zinner & Co. 3201 Enterprise Parkway Suite 410 Beachwood, OH 44122 216.831.0733 You received this email because you are subscribed to Zinner Connect - Enewsletter from Zinner & Co. Update your email preferences to choose the types of emails you receive. Unsubscribe from all future emails
By Mike Hermes, CPA 
