For over 7 years, Zinner & Co. has committed to support the mission of client, Michelle’s Wish Foundation. 
As part of its quarterly commitment to support the local community through charitable giving, Zinner & Co. employees will be donating cash and non-perishable food items to the Foundation’s 2019 “Thanksgiving Baskets” Project. Donations will be used to distribute food baskets to local families in need. read more…
For over 6 years, Zinner & Co. has committed its support to the mission of one of our clients, Michelle’s Wish Foundation.
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An important piece of an estate plan (as well as good organization of your paperwork) is to put together a “Love Letter”, also sometimes referred to a “Letter of Instruction”. We have written about them in the past, but in case you are not familiar, a Love Letter is a document that lists important information for your heirs in the event that something should happen to you.
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Money doesn’t grow on trees! If you have monies owed to you, you should try to collect. At present, there are over $2.6B in unclaimed funds that Ohio is trying to get back in the hands of its rightful owners.
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Selling a business is a complicated transaction. The long list of business and personal issues that need to be considered is extensive and at times, confusing. Usually at the top of the list is the tax the seller will pay when the business sells. When selling a business, properly structuring the transaction will minimize taxes owed; ordinary tax rates for corporations are 21% and capital gains tax rates range from 15% to 20%.
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The Ohio General Assembly unanimously passed a bill that reverses a previous tax measure, passed in July, that required lawyers and lobbyists to pay tax on the first $250,000 of income they earned.
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At one point or another, you’ve probably been asked to complete a survey after visiting a business. Many businesses even offer incentives such as discounts on future purchases or entries into drawings for prizes. These firms invest heavily to hear your feedback, but is it worth it?
Not-for-profits are different from for-profit businesses, but one of their commonalities is the need for high levels of service and ongoing engagement with clients. read more…
There’s a threat called Phishing and it can put your entire organization at risk. Phishing, a technique malefactors use to steal sensitive information such as user names and passwords, is a growing segment of crime.
Phishing typically involves the use of an authentic-looking email or website that prompts you to enter sensitive data that can be used to hack or hijack your business’s systems. Phishing techniques are becoming increasingly sophisticated and more difficult to spot and prevent. read more…
Zinner & Co. is pleased to sponsor and support Cleveland Play House’s production of “Into the Breeches!” which runs September 14th through October 6th, 2019.
Set in World War 2, “Into the Breeches!” is the story of a group of inspired women who must fight to keep the theater alive during the war, while the men fight overseas. read more…
Whether your children (or grandchildren) are 2 or 20, there’s one big thing probably weighing on your mind: How to pay for college. You’re not alone. According to recent studies, 42% of parents surveyed say their top money concern is paying for their child’s education.
The figures are daunting. Estimates project the cost of yearly tuition at a private college will be over $130,000 per year by the time today’s grade schoolers reach college. The key to tackling these overwhelming figures is to have a strategy and long-term approach to saving for higher education. read more…
$1.2 billion in penalties will be refunded to 1.6 million taxpayers In late August, the Internal Revenue Service announced on its website that it had issued Notice 2022-36, which will provide penalty relief to most taxpayers who filed certain 2019 or 2020 tax...
In late May, the Internal Revenue Service enhanced the Where's My Refund? tool on their website. This new feature allows taxpayers to check the status of their refunds for current tax year and two previous years.In order to check their refund status, taxpayers will...
Zinner & Co. Managing Partner Robin Baum, CPA, will present at the 49th Annual Charitable Tax Seminar, organized by the Jewish Federation of Cleveland's Professional Advisory Council. The event will take place on June 14 from 7:30 a.m. to 12:30 p.m. at Corporate...
Issue highlights another reason to file and make remittance payments electronically The Internal Revenue Service admitted it destroyed roughly 30 million unprocessed informational returns from the 2020 tax year. An audit by the Treasury Inspector General for Tax...
CPAs and taxpayers urged to contact elected officials and push for passage of H.R. 5155 Based on multiple media reports, the U.S. Treasury and IRS are preparing for the worst this filing season. According to a Jan. 10 Washington Post article, the Treasury warned of...
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