news

BRSW CPAs is sponsoring a downtown street banner in Van Wert for 2017.

[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Earlier during this tax filing season, the IRS announced that they had made changes to their system, and that returns that failed to provide information on healthcare coverage would be rejected. However, due to President Trump’s executive order on 1/20/2017 stating that government agencies needed to waive, defer, grant exemptions

1099 forms are now due to the recipient and to the IRS by January 31.

The following return due date changes apply to 2016 tax returns that will be filed in 2017 as well as any subsequent returns. Any item in bold below has changed: Tax Filing New Due Date Old Due Date Notes Form 1065 (Partnership) March 15 April 15 Extended return is due September 15 Form 1120 (C-Corp) April

Under a new law, small employers (less than 50 employees) are now able to offer Health Reimbursement Arrangements (HRAs) to employees without being required to also offer health insurance in 2017 to the same employee.

In late December 2016, BRSW finalized the opening of an office in downtown Columbus Grove, Ohio.

BRSW CPAs, with offices in Van Wert, Paulding, and Columbus Grove, Ohio, has launched a new website…

Beginning on 1/1/17, the standard mileage rates for cars, vans, pickups, and panel trucks will be 53.5 cents per mile for business miles, 17 cents per mile for medical or moving purposes, and 14 cents per mile for charitable purposes. The business expense rate is down half a cent per mile from 2016, and the

November 2016   Dear Client: As the year draws to a close, now is the time to review your tax planning strategies to ensure they meet your needs and to develop plans for 2017. With planning you can take advantage of last-minute opportunities that could save you money now and in the coming year.   This

November 23, 2016: The new overtime rule was blocked by a federal judge in Texas. The December 1 implementation date will not be enforced until a final decision has been reached at the end of the judicial process. This process might take months. We will keep you informed of developments as they occur. https://www.washingtonpost.com/news/get-there/wp/2016/11/22/judge-halts-federal-rule-that-would-have-expanded-overtime-pay-to-millions-of-workers/ http://thehill.com/policy/finance/307295-judge-blocks-obama-overtime-rule