Archive for February, 2016

Roth IRAs

Contributions. For 2015, you can contribute up to $5,500 to a Roth IRA (as long as you have compensation for the year…

IRS sees surge in electronic tax scams

E-mail and texting scams designed to dupe U.S. taxpayers into providing personal data have surged 400% so far this year, the IRS…

2016 Municipal Payroll Withholding Deadline Change

As of January 1, 2016, changes to Ohio’s municipal income tax law made by House Bill 5 are in effect. CPAs who assist…

Ohio Business Income Tax Deduction

Virtually all businesses are now eligible for a 75% tax deduction on the first $250,000 of business income.  The business deduction enables a…