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Posts By: Zinner & Co.
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.
Changes coming to 529 plans

Individuals who have set up 529 plans need to be aware of recent changes to the plans. Created to fund educational expenses, 529 plans are tax-advantaged education savings plans. All contributions to a 529 account grow tax-free, and withdrawals are tax-free if the...

SECURE 2.0 Act of 2022 provides student debt relief plan

While student loan forgiveness was a hotly debated topic throughout the past year, one piece of legislation was passed to help those with student loan debt get out from under it faster. Language in the SECURE 2.0 Act of 2022 has the ability to allow employers to...

New Treasury rule limits EV Tax Credits to 19 vehicles

On Jan. 1, new rules targeting the origin of electric vehicle battery materials from countries considered hostile to the U.S. went into effect and limited the number of EVs eligible to receive U.S. tax credits. As part of the Inflation Reduction Act, the guidelines...

IRS ERC Voluntary Disclosure Program requires 80 percent payback

In late December, the Internal Revenue Service launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing Employee Retention Credit (ERC) claims in error. According to the IRS website, the program runs...

Ohio Sales Tax Holiday begins Aug. 4

Ohio’s annual sales tax holiday is right around the corner. This year’s weekend-long temporary tax break will begin Aug. 4 at midnight and end Aug. 6 at 11:59 p.m. Initially introduced in 2019 to provide relief for families preparing for the back-to-school season, the...

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