Tag: cleveland accounting

As the 2021 calendar year comes to a close, there are many tax planning items to consider.  A local tax item that we want to make sure you remember to re-visit is the change in the Ohio municipal income tax withholding rule that is set to take effect on January 1, 2022.   This is especially […]

A Rare Opportunity for Small Business Owners The passage of the Consolidation Appropriations Act, 2021 has made the Employee Retention Credit (ERC) much more available by allowing PPP borrowers to apply for and receive the credit for the years 2020 and 2021. If you meet ANY of the following tests, you have the potential to […]

By: Heather R Cunningham Over the past several years, tax-related identify and refund fraud has become much more prevalent.  Identity thieves file tax returns using stolen social security numbers and claim false refunds.  They often file electronically and early in the year before the IRS is able to verify the information being submitted, and before […]

by: Jillian Strunk About 15% of children in the United States have developmental disabilities, including Down syndrome, cerebral palsy, intellectual disabilities, among others. With the great advancement in medical care, these individuals now have the chance to live long and full lives. This creates the need to provide financial support for their future as independent […]

by: Kassie Armstrong Summer is here and you’re most likely thinking about upcoming vacations, weddings, and pool parties! What you’re probably not thinking about is taxes–but maybe you should be. Here are a few things that you can do now that will help ease the burden of dealing with taxes at year end: Adjust your […]

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 […]

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 […]