periods beginning on and after January 1, 2024, the CAT annual minimum tax is eliminated, and the exclusion amount is increased from $1 million to $3 million.

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Changes to Ohio’s Commercial Activity Tax Important Changes Coming to the Ohio Commercial Activity TaxAs a result of the recent passage of Am. Sub. H.B. 33 of the 135th Ohio General Assembly, beginning in 2024, businesses with taxable gross receipts of $3 million or less and, for tax periods beginning in 2025 and thereafter, businesses

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Creating your own Pot O’Gold March, the month for green. Not in the sense that spring is coming complete with the anticipation of green leaves and green grass that needs mowing (sorry, that part can wait). No, green as in money. Specifically, making, keeping, and saving more of it to be used to fulfill on

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2021 Child Tax CreditWhich children qualify?For tax year 2021, a qualifying child is an individual who does not turn 18 before January 1, 2022, and who satisfies the following conditions:The individual is the taxpayer’s son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example,

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Security Summit: Tax pros should encourage clients to obtain IP PINs to protect against tax-related identity theft.WASHINGTON : Internal Revenue Service Security Summit partners today called on tax professionals to increase efforts to inform clients about the Identity Protection PIN Opt-In Program that can protect against tax-related identity theft. The IRS, state tax agencies and the

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PPP Forgiveness Update Webinar ​Join us Friday November 13th 2pm EST​​PPP Forgiveness As the early PPP covered periods come to an end the SBA and banks are preparing to process forgiveness applications. Many banks are still preparing their systems to accept the   applications. Complicating matters the SBA has provided three different forgiveness applications and each form has

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