Most plan administrators and plan sponsors find participant loans to be a significant administrative challenge. To reduce the administrative burden and to make the loan program more cost effective, many 401(k) plans include provisions: (1) requiring payroll deduction to repay the loans, and (2) limiting the loans to active employees.
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The law requires you and your dependents to have health care coverage, an exemption, or make a payment with your return. If you purchased coverage from the Health Insurance Marketplace, you may be eligible for the premium tax credit. 
(For healthcare coverage options, visit the marketplace at https://www.healthcare.gov/).
With the recent news regarding the data breach at Cleveland’s RITA, many have inquired as to what proactive steps can be taken to reduce the risk of identity theft or, as in the case of a company breach, what steps should be taken to remedy any damages that could occur or may have already occured. 
Our CPAs and management consultants are ready to help.
First, download our FREE Identity Theft Guide, What To Do If Your Identity is Stolen, next, read 7 Ways to Protect Yourself from Identity Theft and finally, contact us to learn how we can help you build a solid–and safe–financial foundation.
During a recent year-end Firm address, Managing Partner Robin Baum announced the appointment of Brett W. Neate, CPA, M.Tax, to Partner and the promotions of several of the Firms professional staff:
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The holiday season often prompts people to give money or property to charity. If you plan to give and want to claim a tax deduction, there are a few tips you should know before you give. For instance, you must itemize your deductions. Here are six more tips that you should keep in mind:
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Following several staff promotions during a recent year-end Firm address, Managing Partner Robin Baum announced the appointment of Brett W. Neate, CPA, M.Tax, to Partner.
Posted by Mary Ann Mezacapa
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Posted by: Laura Haines
read more…Posted by: Robert O’Neil, CPA
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Zinner & Co. is pleased and proud to sponsor and support the Cleveland Play House production of Ken Ludwig’s “Sherwood: The Adventures of Robin Hood,” which runs from February 2nd through February 24th at the Allen Theater. The historic Allen Theater first opened...
This year’s tax season is going to be different. The new tax laws that took effect for 2018 represent the biggest changes to the tax code in over 30 years. So if you haven’t thought about preparing your taxes for 2018, you’ll want to get a jump on it. To help...
The Ohio Bureau of Workers' Compensation (BWC) has proposed a 20% reduction in the average premium rate charged to private employers. The proposed cuts are as a direct result of a decline in workplace injuries and lower projected medical costs. If approved by its...
Effective January 1, 2018, new rules took effect for partnership taxpayers. These "Partnership Audit Rules" affect how taxes (as well as penalties and interest) are assessed when a partnership has been audited by IRS. Under the old rules, when an IRS audit adjustment...
You or your business may qualify for First Time Penalty Abatement (FTA).As you probably know, the Internal Revenue Service (IRS) can assess penalties to both individuals and businesses for not complying with the tax rules. For example, Late filers are generally...
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