Posted on Thursday, March 19, 2020 by Nicole Fracasso

The heavy workload that comes with tax season can make it an extremely difficult time, even for the best accountants, writes Vanessa Kruze, CPA, founder and CEO of Kruze Consulting. In a recent article from Accounting Today, Kruze offers five tips to aid CPAs throughout busy season.

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Posted on Wednesday, February 26, 2020 by Nicole Fracasso

People often pick up part-time work outside of typical nine to five hours. This is usually referred to as a side job, a way to make some extra money. And it’s part of the gig economy, also known as sharing economy or access economy.

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Posted on Monday, May 6, 2019 by Abby Draper

Due to this heightened confusion and new changes brought on by the TCJA, more people have considered filing for an extension.

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Posted on Thursday, May 2, 2019 by Abby Draper

The IRS released some 2019 filing season statistics and presented them in comparison with last year’s statistics.

  • Tax

Posted on Tuesday, March 12, 2019 by Gary Hunt

The Joint Committee on Taxation has published a 32 page “Overview of Deduction for Qualified Business Income: Section 199A.”

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Posted on Tuesday, March 12, 2019 by Gary Hunt

The form has not been changed so it will be easy to overlook an important requirement.

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Posted on Friday, November 9, 2018 by Jessica Salerno

Taxes on alcohol and tobacco are nothing new, but a new study is looking at the supposedly beneficial impact a tax on meat could have on healthcare.

Posted on Monday, September 24, 2018 by User Not Found

Clark Schaefer Hackett has been digging deep to uncover some of the lesser known opportunities their clients will benefit from and they found just that under the newly established IRC Section 1400Z. Learn more about this "hidden jewel" now.

Posted on Thursday, August 30, 2018 by Gary Hunt

The IRS has released the much anticipated proposed regulations to deal with the various credits that could be used to work around the newly imposed limitation on deductions for state and local taxes.

Posted on Thursday, July 26, 2018 by Gary Hunt

Republicans are considering another round of tax cuts, and an idea at the top of their list is reportedly Universal Savings Accounts, or – fittingly enough – “USAs.”

Posted on Monday, May 14, 2018 by Gary Hunt

I heard a phrase this past week that reminded me of OSCPA’s ongoing efforts for simplicity in state taxation: “Complexity is a subsidy.”

Posted on Monday, September 18, 2017 by Gary Hunt

It has been a good year in Ohio for CPAs, as some long-sought reforms have come to pass, but there is still work to do to improve Ohio’s business climate.

Posted on Monday, September 18, 2017 by Gary Hunt

OSCPA members were interested in a smorgasbord of news in August, as the topics ranged from the emergence of new skills in education to the latest legislative action.

Posted on Monday, September 18, 2017 by Gary Hunt

Getting optional centralized collection of municipal net profits taxes enacted in Ohio’s biennial budget was a difficult task, but one that will improve the state’s business climate.

Posted on Tuesday, January 31, 2017 by Gary Hunt

Governor John Kasich’s biennial budget proposal, released today, January 30, spells out major reforms to Ohio’s burdensome municipal income tax system and other types of state taxation, several of which were recommended last year by OSCPA’s Ohio Tax Reform Task Force.

Posted on Thursday, January 19, 2017 by Gary Hunt

An OSCPA member recently contacted us with a cautionary tale about a client who last year was required to take the Ohio Department of Taxation’s ID Confirmation Quiz.

Posted on Tuesday, January 17, 2017 by Gary Hunt

The Ohio Department of Taxation and the IRS each issued warnings this week about a new two-stage email scheme targeting tax professionals nationwide.

Posted on Tuesday, January 10, 2017 by Gary Hunt

State income-tax revenue in December came in below estimates, making it the fifth-straight month revenue fell short.

Posted on Tuesday, January 10, 2017 by Gary Hunt

The end of 2016 brought with it the likely end of proposed U.S. Department of Labor overtime rules – and plenty of interest in that story by OSCPA members.

Posted on Monday, December 19, 2016 by Gary Hunt

Despite HB 5 bringing needed reform to Ohio’s municipal income tax system, that system remains a thorn in CPAs’ sides.