Latest News

Corporate Tax Rates Reduced

Under pre-Act law, corporations are subject to graduated tax rates of 15% (for taxable income...

Alternative Minimum Tax Repealed – Corporate

Under pre-Act law, the corporate alternative minimum tax (AMT) is 20%, with an exemption amount...

New Tax Withholding Tables Are Issued

The IRS on Thursday issued new income tax withholding tables that reflect new tax rates...

Reasons to File a Tax Extension

This year, because the filing date is on April 17 instead of the usual April...

Ohio 529 Plan Income Tax Deduction

Saving for college in a 529 plan has many benefits; ranging from the power of...

2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17th

The IRS will begin accepting tax returns on Jan. 29. The nation’s tax deadline will...

Minimum Wage

Federal Minimum WageThe current federal minimum wage is $7.25 per hour, and has not increased...

529 Plans Will Allow Private School K-12 Tax-Free Withdrawals

Starting in 2018, qualified educational expenses for 529 plans will include up to $10,000 a...

529 Contribution Limits

One of the most powerful college savings vehicles is the 529 college savings plan. Your...