Tax time can be hairy. Avoid headaches and file on time with resources from The Ohio Society of CPAs.
Tax strategies to save you money
The 2013 filing season is upon us, and as with most things in life, planning early is the way to get ahead. Unsure of where to begin?
The Ohio Society of CPAs offers tax strategies and planning ideas for individuals and business owners. Learn more.
Why hire a CPA?
Taxes are complicated. Endless forms, line items, deductions….it can be hard to see the big financial picture when you are overwhelmed by details. Certified Public Accountants (CPAs) are highly qualified tax advisors. They don’t just prepare your returns—they work hand in hand with clients to build a tax strategy that saves you money. That’s a bottom line you can count on. Learn more.
Military families have enough worries when a family member is away on duty. Each year, CPA volunteers prepare tax returns free of charge for those deployed outside of Ohio. It’s their way of saying thanks for keeping us safe at home. Learn more about Operation CPA.
From around the web:
8 errors you're most likely to make on your tax return
You're starting to think about your taxes -- or maybe you're fully engaged and already working on them. Either way, be careful.
IRS offers videos to help taxpayers preparing to file in 2014
The Internal Revenue Service is offering taxpayers a number of instructional YouTube videos to help prepare their taxes for the upcoming filing season, which begins on Jan. 31.
Safeguarding your tax records
There are many other instances, such as applying for a mortgage or other type of loan, when it will also be important to access your tax returns and other financial information. At the same time, you want to be sure that your personal documents remain confidential. With that in mind, The Ohio Society of CPAs offers these tips on protecting your critical information.
How did the fiscal cliff deal affect your taxes?
Remember all the talk about the impending fiscal cliff a couple of months ago? The fiscal cliff problems involved a list of expiring tax issues and congressionally mandated spending cuts. The expiring tax issues, at least, were mostly addressed in a new law, the American Taxpayer Relief Act of 2012, which made a number of changes in existing tax rules, while also maintaining some important rules that have an impact on many taxpayers. The Ohio Society of CPAs offers a rundown of what you need to know about the new rules this year.
New tax rules for your small business
The American Taxpayer Relief Act of 2012 resolved most of the tax issues included in last year’s fiscal cliff debate and answered many pending tax questions for small businesses. What impact did the act have on businesses? What are the long-term planning implications? The Ohio Society of CPAs offers an update that answers these questions and more.
The Patient Protection and Affordable Care Act: Its impact on small businesses
When the Supreme Court upheld the Patient Protection and Affordable Care Act (ACA) in June 2012, it set in motion a timeline of events that may have seemed far off, but are now imminent for America’s small business owners.