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Shuttered Venue Operators Grants and Restaurant Revitalization Fund Grants can pose accounting challenges. On Aug. 10, the AICPA released a Technical Question and Answer (TQA) surrounding how a recipient should account for these grants. TQA...
According to Accounting Today, the Internal Revenue Service began sending out letters from its Automated Collection System function in June and restarted the income tax levy program in July. Suspended last year, the IRS tax levy program includes both tax levy and...
As small business owners complete the second quarter 2021 filing of their state unemployment tax payments with the Ohio Department of Job and Family Services, they should be aware that tax saving benefits have been preserved for the coming years.On June 29, Gov. Mike...
For many business owners, the Paycheck Protection Program loan journey is not over when they receive acknowledgement of loan forgiveness from their local lender and from the Small Business Administration. From a tax perspective, the map that lays out the tax impact...
On July 1, Ohio Gov. Mike DeWine signed House Bill 110 into law approving the state’s $72 billion two-year budget. The biennial budget provides funding for state operations, overhauls K-12 school funding, provides $250 million in broadband support for underserved...
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