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Ohio’s Back-to-School Sales Tax Holiday is Back!

Back-to-school shopping is right around the corner and for the fourth year in a row, The Ohio Department of Taxation has announced a sales tax holiday to help reduce the back-to-school blow to your wallet. The 2018 Sales Tax. Read More >>

Why Conducting an Annual Benefit Plan Review is Critical

The U.S. Department of Labor (DOL) generally requires large employee benefit plans to have a yearly audit conducted. While the main purpose of the audit is to provide reasonable assurance that the plan’s financial statements are presented fairly in. Read More >>

Loan or Lease: What’s the smartest way to finance new assets?

If your company needs to expand its facilities or update equipment, you may be weighing the pros and cons of financing vs. leasing. There are many factors to consider when deciding which option is best for your company. We’ve. Read More >>

U.S. Supreme Court Reverses Quill Decision in South Dakota v. Wayfair Case

On June 21, 2018, the U.S. Supreme Court ruled in favor of South Dakota, effectively reversing the long-held physical presence standard for sales tax collection that was in place since the 1992 Quill decision. The court’s decision makes physical. Read More >>

Purchase Price Agreements: You Don’t Have to Walk on Eggshells

June 18, 2018 Valuation

The initial offer a business buyer makes to a seller is rarely set in stone. In most cases, the two parties must negotiate purchase-price adjustments (PPAs) — differences between the originally stated and the final price at closing. Why. Read More >>

Tax Reform Series #7: Carried Interest Extended to 3-Year Holding Period

The Tax Cuts and Jobs Act of 2017 (“TCJA”) adoption of Internal Revenue Code (“Code”) Section 1061 is targeted at hedge and private equity funds. The TCJA extends the holding period for favorable long-term capital gain treatment related to. Read More >>

The Enemy Within: How can you prevent employee fraud?

Occupational, or employee, fraud is an ongoing hazard to businesses’ bottom lines. It can take several forms from skimming to billing schemes, corruption, and asset misappropriation. In their 2018 Report to the Nations, the Association of Certified Fraud Examiners. Read More >>

Ownership Transition: Valuation is Key to Succession Planning

Most business owners spend a lifetime building their business. When it comes to succession, business owners need to weigh the benefits and detriments of a variety of potential exit strategies. This could involve selling to either a strategic or. Read More >>

Tax Insights: 529 Plan Use Expanded Under Tax Reform

A 529 plan has historically been used to cover various qualified college expenses, including tuition, enrollment fees, books, supplies, housing, online educational materials, tutoring or classes outside of the home, and educational therapies for students with disabilities. Under the. Read More >>

Manufacturing Insights: Human vs. Robot – Carefully Weigh the Pros and Cons of Automation

Manufacturers and distributors face rising costs of labor and benefits, burdensome government regulations and, more importantly, a shortage of skilled workers. In light of these human resource challenges, investing in automated equipment may seem like a smart alternative to. Read More >>