Friends, clients, vendors and supporters of Tax Defense Ohio, Realty Income Tax Advisors and John Parisi CPAs, we have some wonderful news!! WE ARE MOVING!!! Our new office is located in the heart of beautiful historic uptown Westerville at 190 S State St, Ste D, Westerville OH 43081. Our phone numbers and email addresses are the same, so...
The Consolidated Appropriations Act, 2021 increased the business-meal deduction for the cost of food and beverages provided by a restaurant to 100 percent for 2021 and 2022. But not for every meal! IRS Notice from April 8 Notice 2021-25 provides guidance on the higher meal limit. What are the Requirements? For meals purchased Jan. 1, 2021 through...
Did you miss out on the first two opportunities to receive your tax-free Paycheck Protection Program (PPP) cash? Many did miss out. Why? One reason: the word “loan.” Who wants a loan? No one. Well, almost no one. But who wants a cash gift, tax-free? If you do, read on for the details. But first, you should...
That's a picture of solar panels!? What does that have to do with Tax Planning Strategies, you ask? Well, we're going to talk about ways small business owners do to lessen the tax implications for this year and/or next! Deferring Income Cash method of accounting: delaying end-of-year invoices so that income/payment is not received until 2021. Accrual method...
The 2018 landmark case of South Dakota v. Wayfair established that state and local governments had the right to collect sales taxes from purchases made online, no matter where the seller was located. "Tax Defense Ohio, why is this important?" you may ask...
Need Tax Help Now? Call Us!