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; here are 10 of the most important: read more…
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 employer’s 2018 premiums (for the period running July 1, 2017 to June 30, 2018.) read more…
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 recapture; among these are investment rental properties. read more…
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?”
The answer is – it depends. read more…
Dear Zinner & Co:
A: Laura Haines, CPA, Accounting and Tax Services Manager read more…
Well…it’s over. This year’s individual tax return filing deadline has come and gone. As the dust settles and we take stock of this year’s tax season, a few trends have appeared.
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There are few tools more used in today’s business environment than email. For some, email is an indispensable part of their life; to others email is a menace where good ideas and important information goes to die.
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At Zinner, we regard ourselves as fortunate to have worked with several of the best multi-generational businesses in Northeast Ohio. It’s always rewarding to see a highly successful business passed into the hands of a willing and able successor who continues to lead it. read more…
Selecting a firm to conduct your not-for-profit’s audit services can feel like a daunting task. There are hundreds of firms online and most (if not all) claim to perform not-for-profit audit services.. How can you know which audit firm is the right for your Organization?
Selecting the right audit firm is like creating a long-term relationship with a partner that is dedicated to helping your organization fulfill its mission. Selecting the wrong firm can feel like trying to swim with a 500 lb. weight strapped to your back.So how can you be sure you are selecting the best fit for your needs? read more…
An employee buyout might provide a sensible alternative to satisfying a small business owner’s plan for selling their business.
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A page on the IRS website reminds taxpayers to take the steps now to make the tax filling process easier in 2022. Steps to Take Now to Get a Jump on Your Taxes provides advice for filing individual tax returns. One of the most important steps taxpayers can take to...
The IRS announced on its website that it has suspended the mailing of automated collection notices, including balance due notices and unfiled tax return notices normally issued when a taxpayer owes additional tax, and the IRS has no record of a taxpayer filing a tax...
A longtime member of the Zinner & Co. family will retire at the end of the year. Patti Puterbaugh joined Zinner & Co. LLP in Oct. 2000 as the File Room Clerk. Since then, she has made a lasting impact on the firm. From the onset, she showed a willingness and...
After more than a year of work, the Ohio General Assembly finally passed legislation to legalize sports gambling in Ohio, which now awaits the signature of Gov. Mike DeWine. The Senate voted 31-1 to approve the report, while the House voted 72-12 to approve it. DeWine...
The Small Business Administration recently announced changes to its COVID-19 Economic Injury Disaster Loan program. As part of President Joe Biden’s recently announced COVID-19 Action Plan, the SBA has improved the COVID Economic Injury Disaster Loan (EIDL) program to...
Send us your questions and we’ll share our insights with you on our blog!