There are a few payroll related items that we wanted to share with our clients. For those of you who have employees on payroll: For Ohio businesses, employers with 10 or more W-2s must be uploaded the W2s to the Ohio Business Gateway (OBG). Under 10, paper W-2s can be mailed or can be uploaded to
We recently completed our 2021 Tax Planning newsletter, and we would like to share it with you. To read the Newsletter, click the link below.
Succession planning is important for businesses, including for family farms. We recently received an email from another CPA firm with some tips for successful succession planning. You can read these tips here.
On November 19, 2021, the House of Representatives passed the nearly $2 trillion Build Back Better (BBB) Act. The Act contains many business and tax items of interest that we wanted to share. This bill has not yet passed the Senate (so most likely it will change) but we wanted to share some of the
The IRS has released information to help taxpayers plan for tax season 2022 to make their tax filing process easier. To read the recommendations from the IRS, click here.
The IRS recently posted some updates related to the Child Tax Credit/Advance Child Tax Credit Payments. Read more about this topic including updated FAQs in the IRS News Release here.
On November 5, 2021, the House of Representatives passed the more than $1 trillion Infrastructure Investment and Jobs Act (H.R. 3684). The President is planning to sign the bill on Monday November 15, 2021. This new Bill does not contain a lot of tax provisions (the type of items we’re interested in 😃), but one
We are reaching out to share details about changes coming to your BRSW NetClient CS portal. Our firm partners with Thomson Reuters to provide the platform for these portals, and they are updating the sign-in process to make it more secure. What you need to know: • You will continue using your current username and
In 2022 QuickBooks is changing their desktop version to a subscription based platform. This means QB users are going to pay an annual fee to use QuickBooks desktop. We have the option to update clients to QB Desktop 2021 until December 10th. QB will support the 2021 license through May of 2024. If you have
We have had several cases where our clients who received PPP funds have received loan offers after their PPP loans had been forgiven. The list of who received PPP funds is public information, so this makes it possible for companies to find PPP recipient information and offer additional loans. While this information being public could open