2010 Individuals, estate or trusts, who inherited property and sold it during 2010 have to file their returns by October 15, 2011.
read more…The Celiac Tax Deduction; Some Clarity from the IRS
Posted by Howard Kass, CPA
read more…Determining Ohio Residency
Posted by: Colleen Kaminsky, CPA
read more…2012 Annual Exclusion Gifts
The annual exclusion gift amount will be $13,000 (there is no inflation adjustment for the 2012 amount).
read more…Individuals to Benefit from Ohio General Tax Amnesty
By Brett W. Neate, CPA, MT
read more…IRS Interest Rates to Remain the Same for the First Quarter of 2012
Posted by Howard Kass, CPA
read more…Protect Your Business From Employment Related Penalties
Posted by: Hope Placek
read more…Tax Court Rules Notice Not Required for Crummey Powers
In a recent case, Turner, T.C Memo. 2011-209, the Tax Court ruled that formal notice of the withdrawal power is not required. The result of this Tax Court case is that, if a notice requirement is not satisfied regarding a particular transfer to a trust, the taxpayer now has an argument that such notice is not required and the annual exclusions claimed were valid.
read more…Quickbooks Payroll Update
Intuit QuickBooks Payroll
Payroll Update: Revised Tax Tables
New Form 1099-K Debuts in 2012
Posted by: Courtney Ockenden, CPA
read more…
Top Four Social Media Risks for Adults
In the age of digital technology, social media has become an integral part of our daily lives. While it offers some benefits, it also brings forth some dangers that adults need to consider. From privacy concerns to mental health issues, the pitfalls of social media...
The Dangers Of A Data Breach
Unfortunately, data breaches have become all too common in today’s society. It seems that at least once a week, a company announces it was the victim of a data breach, and personal information has been compromised. For several reasons, data breach incidents hold...
The Benefits of Filing a Tax Extension
One of the most common tax-related misconceptions is that filing a tax extension increases your risk of a tax audit. This longstanding myth is simply not true, as filing a tax extension can statistically decrease the risk of an audit. In addition to...
Zinner & Co. promotes Haines and Alger to new manager roles
Firm also hires two additional employees Zinner & Co. is proud to announce two employees were recently promoted into management roles, while the firm hired two additional employees to fill important roles. Zinner & Co. Promotions Laura Haines, CPA, was...
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...
Send us your questions and we’ll share our insights with you on our blog!