Local firm management news from around the web: May 7 – 11, 2018

Written on May 11, 2018

IRS gives taxpayers relief from erroneous HSA contributions
Under Rev. Proc. 2018-27, taxpayers will be allowed to treat $6,900 as the annual limitation instead of the $6,850 limitation announced in Rev. Proc. 2018-18.

Why CPAs should consider financial planning
Most affluent Americans (78%) say they’re likely to use their tax returns to help their financial planning, according to a recent survey for the AICPA. Naturally, CPAs are well-positioned to help clients with this.

4 reasons businesses should not choose a Big 4 accounting firm
Every business has a unique set of needs when it comes to selecting service providers. Here are some of the biggest advantages to working with a regional firm over a Big 4 firm that companies should consider as they go to market and hire their next CPA firm.

Ohio business tax structure among worst, annual report finds
An annual ranking of business tax structures among the 50 states placed Ohio in the cellar (No. 45), suggesting the state’s business taxes are complex and relatively high, but some economic development officials see the study as faulty and not results-oriented.

Tech Corner – Top 5 mobile device threats & how to prevent them
Some obvious and not-so-obvious steps to take to stay secure on mobile devices.

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