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Posts By: Zinner & Co. Tax Department
Yes, a Do-Over Does Exist in Business! What you need to know about the Rescission Doctrine

Yes, a Do-Over Does Exist in Business! What you need to know about the Rescission Doctrine

by | 26 Dec |

As a business owner, you’re entering into transactions potentially on a daily basis. Suppose you enter into a transaction with someone, hurrying to get the deal closed as you’re set to rake it in. It comes around to December, and your accountant is preparing a projection of what your tax liability will likely be for the year.


Then you get a call that you’re going to owe a boat load of money to the government for that transaction you failed to consult with your accountant about beforehand. What do you do now?

read more…
Ohio tax changes on the horizon, sales tax to become even more significant

Ohio tax changes on the horizon, sales tax to become even more significant

by | 26 Dec | ,

Is your business maximizing available exemptions and incentives?

This article appears in Crains Cleveland Business 

By Steven A. Dimengo and Richard B. Fry III 
Buckingham, Doolittle & Burroughs, LLC.

February 12, 2017 – Gov. Kasich’s quest to lower the Ohio personal income tax rate continues in his latest proposed biennium budget, even in the face of Ohio’s tax revenue falling short of estimates.Erase taxes.jpg

read more…
Tis the Season for Tax Scams and Fraud

Tis the Season for Tax Scams and Fraud

by | 26 Dec | , , , , ,

Tax season is prime time for scammers and cyber criminals. Beyond identity theft, which is seemingly quite commonplace, tax scams have the dubious distinction of rising to the top of the Better Business Bureau’s list of scams in 2016.

According to the Better Business Bureau Scam Tracker, the top ten list includes: 

  • Tax scamsScam Alert written on the road.jpeg
  • Debt collections
  • Sweepstakes/prizes/gifts
  • Online purchase
  • Employment read more…
IRS Reminds Seniors to Remain on Alert to Phone Scams during Tax Season

IRS Reminds Seniors to Remain on Alert to Phone Scams during Tax Season

by | 26 Dec | , ,

WASHINGTON – With the 2017 tax season underway, the IRS reminds seniors to remain alert to aggressive and threatening phone calls by criminals impersonating IRS agents. The callers claim to be IRS employees, but are not. Ebook CTA image-2.jpg

These con artists can sound convincing when they call. They use fake names and bogus IRS identification badge numbers. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling. read more…

4 Ways to Spot IRS Debt Collection Scammers

4 Ways to Spot IRS Debt Collection Scammers

by | 26 Dec | , ,

Extracted in part from https://www.irs.gov/uac/newsroom/irs-alerts-taxpayers-with-limited-english-proficiency-of-ongoing-phone-scams-urges-caution-before-paying-unexpected-tax-bills

How private debt collection works

The IRS reminds people to be on the lookout for scam artists trying to dupe taxpayers as the private debt collection program begins.

Starting this month, a new program will transfer some long-standing tax bills over to private firms. The only outside agencies authorized to contact taxpayers about their unpaid tax accounts will be one of four firms authorized under the new private debt collection program. Even then, any affected taxpayer will be notified first by the IRS, not the private collection firm.  read more…

IRS Cautions Taxpayers to Watch for Summertime Scams

IRS Cautions Taxpayers to Watch for Summertime Scams

by | 26 Dec | ,

WASHINGTON – The Internal Revenue Service issued a warning that tax-related scams continue across the nation even thou

gh the tax filing season has ended for most taxpayers. People should remain on alert to new and emerging schemes involving the tax system that continue to claim victims. Cleveland CPAs warn against scams .jpeg

“We continue to urge people to watch out for new and evolving schemes this summer,” said IRS Commissioner John Koskinen. “Many of these are variations of a theme, involving fictitious tax bills and demands to pay by purchasing and transferring information involving a gift card or iTunes card. Taxpayers can avoid these and other tricky financial scams by taking a few minutes to review the tell-tale signs of these schemes.”

read more…

About Us

Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.

Recent Blog Posts

One Big Beautiful Bill – New Individual Tax Provisions

September 4, 2025 at 8:26 AM

On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...

One Big Beautiful Bill – Business Tax Provisions

August 26, 2025 at 9:50 AM

On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...

One Big Beautiful Bill – Extended/Modified Individual Tax Provisions

August 26, 2025 at 9:38 AM

On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...

Ohio Sales Tax Holiday began on Aug. 1

August 8, 2025 at 11:35 AM

Ohio’s annual sales tax holiday has arrived. This year’s weekend-long temporary tax break began on Aug. 1 at midnight and will end on Aug. 14 at 11:59 p.m. Initially introduced in 2019 to provide relief for families preparing for the back-to-school season, the sales...

Brown County Sale and Use Tax to Decrease

August 8, 2025 at 9:39 AM

The sales and use tax rate for Brown County (08) will decrease from 7.25  percent to 7 percent, effective Oct. 1, 2025.Please visit the Ohio Department of Taxation’s website at tax.ohio.gov or contact your Zinner and Company Tax Team member with any questions...

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