- Our Team
October 6, 2015
A quick lesson on the “Cadillac Tax”
Wondering what all the buzz is about regarding the “Cadillac Tax”? Will the Cadillac Tax affect you? We break it down for you right here: What is the Cadillac Tax? The Cadillac Tax will be levied on employers who offer high-cost health benefits to their employees. The main purpose behind the Cadillac Tax is to […]
September 18, 2015
What’s the Value of Your Business? It’s a Perfect Time to Find Out.
by: Lawrence A. DeBaltzo, CPA, CGMA, CVA As a business owner, your time is spent trying to build up your business, keep your customers happy, fend off competitors, and pay your employees. You know you’re adding value to your organization by making these investments, but do you have any idea how much? Do you ever […]
September 1, 2015
ACA Employer Shared Responsibility Provisions: Will they affect your business?
The federal government granted a reprieve in 2015 for certain-sized employers from many of the mandates of the Affordable Care Act (ACA). It didn’t, however, free them from others. Given the potentially confusing nature of these changes, we sat down with John Foster, CPA to talk through the key regulator changes to the ACA, and […]
July 21, 2015
Bridging the Gap between Accounting and Technology: Having an Interpreter Makes All the Difference
by: Louis Loparo, CPA, CITP We all know that communication is difficult when you don’t understand the language. When it comes to technology and accounting, business owners face a similar problem. There is a gap between the services provided by their IT company and the services provided by their CPA. As running a business (and […]
June 24, 2015
Are you paying the proper amount of sales and use taxes?
by: Kevin Stedman, Sr. Tax Manager As a business owner, paying sales or use tax has most likely become second nature as a cost of doing business. In recent years, states looking for additional revenue sources have adopted changes that have expanded the tax base and increased the tax rate overall. As an example, Ohio […]
May 28, 2015
Ohio BWC Changes Are Coming…
The Ohio Bureau of Workers’ Compensation is making changes to how they bill private and public employers. The BWC will be transitioning to a new prospective billing system beginning July 1, 2015 for private employers and January 1, 2016 for public employer taxing districts. The following is a review of the changes that are going […]
May 5, 2015
Get a Handle on Bitcoin Tax Issues
It’s not time to put your dollar bills into memory capsules yet, but the use of convertible virtual currencies — including the Bitcoin — appears to be on the upswing. In addition to announcements that Bitcoins will be accepted by some high-profile companies, such as Overstock.com, Microsoft, and PayPal, 80,000 other firms have reportedly jumped […]
April 21, 2015
Hobe.com: Now Better than Ever
Researching financial information may not be the most exciting thing you do in a given day, but we believe it should at least be intuitive. That’s why we are pleased to announce the launch of a fully refreshed, cleanly designed hobe.com—configured for ease-of-use and expanded financial education. We have made it simpler for you to […]
April 16, 2015
Ten Tax Breaks Available for Parents
How much money do you need to raise a child? According to an estimate from the U.S. Department of Agriculture, it will cost a middle-income couple roughly $245,000 to raise a child born in 2013 to the age of 18. This is up 1.8 percent from the prior year. Plus, the estimated average cost is […]
March 19, 2015
Financial Records Retention: What Should You Keep?
Maintaining accurate financial records is often a daunting task, yet it is extremely important. Every business or individual should have a good records retention policy. Our clients often ask us: What documents must you keep? How long do you keep these documents? How do the rules differ between IRS, federal and state? What documents do […]