May 30, 2015
Posts By: Zinner & Co.
Tax Savings Still Available for “Heavy” Trucks and Vans
Posted by: DeAnna Alger, CPA
read more…New Requirement for Health Coverage
Effective September 23, 2012, businesses that provide health coverage to staff MUST provide a summary of the coverage to all employees. The Department of Labor shows what the summary must look like.
read more…Education Incentives for Employers Gaining Ground
It’s no surprise that financial stress makes people less productive in the workplace.
read more…New Electronic Payment Options…In the Palm of Your Hand
If you’re a business owner looking for a new way to receive quick and easy payments, look no further. Intuit and Square now offer devices to accept credit card payments from the accessibility of your own phone.
read more…Zinner CPAs talk Business Money-Management
Zinner & Co.’s Howard J. Kass, CPA, and Joe Ramey, CPA, will be speaking on February 25 at a meeting of the Cleveland Digital Publishing Users Group (CDPUG), a nonprofit organization dedicated to the education and professional development of those in the graphic arts and digital publishing industries.
read more…The Supreme Court’s ruling on DOMA : How Does It Impact Ohio Same-Sex Couples?
On June 26, 2013, the United States Supreme Court issued its decision in the case of The United States v. Windsor which essentially ruled the federal Defense of Marriage Act (DOMA) unconstitutional. Given the widespread national press this case received, we will not rehash the details of the case here, but in short, the Windsor case treats same-sex couples who are validly married under state law as married for federal purposes. While this case is viewed as a huge civil rights win, it could potentially be a huge financial win for same-sex couples, but the ruling has raised as many questions as it has answered particularly in states such as Ohio that do not currently recognize same-sex marriage.
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Efforts by Ohio to Prevent Tax Fraud May Cause Refund Delays
The following is an information release from the Ohio Department of Taxation…
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Extension Periods for Various Tax Returns Revised
The Highway Act changed the filing due dates of business income tax returns beginning for tax years after 12/31/15. Along with these changes the extension periods for other types of returns have also been updated. The following chart highlights these important revisions.
read more…Income Tax Treatment of Fringe Benefits Provided to Pass-Through Entity Owners
Posted by: Howard J. Kass, CPA, AEP®
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.
6 Tips for Hiring the Right Bookkeeper for Your Business
A bookkeeper can be one of the most important hires your organization ever makes. A good bookkeeper can keep you on the straight and narrow. A bad one can take you off the rails. There are key skills and attributes you should look for when hiring a bookkeeper;...
Ohio BWC Issuing Rebate Checks
In May, we informed you the Ohio Bureau of Workers’ Compensation (BWC) would be issuing $1.5B in rebates to employers; and true to their word, many local employers have started receiving rebate checks in the mail. The BWC is issuing rebates equal to 88% of the...
Ask The Expert: Someone told me I could be impacted by depreciation recapture even though I didn’t claim depreciation – is this true?
Ask the Expert: I sold my income property. Someone told me I could be impacted by depreciation recapture even though I didn’t claim depreciation – is this true?The short answer is, yes. Certain types of assets can be depreciated and are subject to depreciation...
Ask the Expert: How much life insurance should I carry?
How much life insurance should I carry? This is a great question! We hear it frequently, so we wanted to cover it here on our blog. The question is usually asked in the context of: “I’m about to purchase a life insurance policy. How much coverage do I need?”...
Ask the Expert: What you need to know about un-cleared checks
Dear Zinner & Co: Q: We have a bunch of old un-cleared checks on our bank reconciliation. What should we do? -Ted E., Middle-market business owner, Solon, OH. A: Laura Haines, CPA, Accounting and Tax Services ManagerTed, thank you for writing. Yours is a...
Send us your questions and we’ll share our insights with you on our blog!