Ask a CPA

Do you have a question about taxes, budgeting, saving for retirement or any other personal or business financial issue? Ohio CPAs can help.

Submit your question using the form below or search the list of previously submitted questions. A CPA will review your question and attempt to answer it if possible. The service is intended to provide general information--our CPAs are not able to answer technical support questions related to the use of any tax preparation software or how to fill out specific tax forms.

Please note that not every question may be answered. Answers are posted only on the Financial Fitness Ohio website.

Latest Questions

  • Ask a CPA: Finding a CPA that deals with FBAR, FACTA and other offshore accounts

    Mar 24, 2014
    Question: Do you have on the find a CPA locator a CPA that deals with FBAR, FACTA, and other concerning offshore accounts? I could not find one that fits the description.
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  • Ask a CPA: Tax guidance on new small business

    Mar 12, 2014
    Question: I have a LLC company formed and am going to start new business in the advertising industry. I also got the EIN number. But we are two members in the company (my husband and myself) and while filling out the EIN form, it by default regarded us as a Partnership firm. So when we start the business and file for taxes: What is the best option for a small company like us? Should we change our status to Corporate by filing Form 8832? What should be our next step?
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  • Ask a CPA: Tips on completing Form SD 100

    Mar 12, 2014
    Question: I know I need to complete a SD100 form for each year that I am seeking a refund on school taxes but I am having trouble completing the form correctly. Are there tips you can provide on how to complete this form for the purpose of getting a refund on overpayment of school taxes?
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  • Ask a CPA: School district tax for retired senior citizen?

    Mar 12, 2014
    Question: I am an Alaskan CPA. I have a client who moved to Ohio in 2013. She lives in Pickerington and is in the Pickerington School District. She is a senior citizen and received retirement income. Is she subject to the School District tax? Or is there an exemption for retired senior citizens.
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  • Ask a CPA: Rental properties and capital gains

    Mar 12, 2014
    Question: I have two rentals properties, both of which I have lived in previously. One of the properties has been vacant since July 2013 and had been for sale just until January 2014. I took it off the market and moved back in it, and want to try to sale it myself. How long do I have to live in the property to avoid being hit with capital gains?
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