From the category archives:
A note from Tax Manager Cheryl Ganim, CPA: In an effort to speed tax receipts into the next fiscal year, Ohio and Kentucky recently signed tax amnesty measures that would allow those who owe back taxes to pay at a reduced interest rate with little or no penalty. The Ohio amnesty program began Tuesday and [...]
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Steve Hube has worked alongside Bill Cloppert throughout his 30 years at Barnes Dennig. For most of that time, Cloppert was the firm’s Managing Director, and Hube watched closely as Cloppert led by putting others first. Now that he is Managing Director, Hube aspires to lead the same way. He explained the style in an [...]
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The Recovery Audit Contractor program has evolved and expanded in the two years since it was launched nationwide, and it now covers Medicare parts C and D and Medicaid, in addition to the original focus on Medicare parts A and B. Beginning June 1, healthcare providers in Ohio will be subject to “prepayment reviews” by [...]
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A recent survey of IT professionals found that more than half would not bet on the security of their systems, and 84 percent believe an expert hacker could access their corporate network. Their concern reflects the prevalence of cyber attacks and underscores the value of having strong controls over information systems. If you outsource payroll [...]
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This article appears in the March 2012 edition of the Goering Center newsletter: Business owners and high-net-worth individuals who wish to pass along assets to their children were given a gift last year, but it comes with an expiration date. The lifetime gift tax exemption was temporarily raised from $1 million to $5 million ($10 [...]
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Rapid technological advancements are making international business accessible for companies of all sizes, but the opportunity for new sales comes at a cost – not the least of which is introducing your product to a new, foreign audience. The Ohio Department of Development and the U.S. Small Business Administration can help. They offer a grant [...]
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Ohio Governor John Kasich unveiled a mid-budget review Wednesday that calls for a significant cut in Ohio income taxes, which will be tied to an increase in taxes on oil and natural gas. The plan is to take advantage of the “fracking” boom in eastern Ohio, where energy companies are drilling the Utica and Marcellus [...]
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