Southern Ohio Certified Public Accountants, Tax Service, Business Advisor

Tax Resources

Current Updates

• Tax Planning Guide
• Recent Developments That May Affect Your Tax Situation (updated 7/10)
• What Health Care Reform Means for Your Business  (updated 5/10)
• IRS Mileage Rate  (updated 12/09)
• Newly Extended and Liberalized Homebuyers Tax Credit under the "Worker, Homeownership and Business Assistance Act of 2009" (updated 12/09)
• Tax Changes for Businesses in the "Worker, Homeownership, and Business Assistance Act of 2009" (updated 11/09)
• 2009 Roth IRA Rollover Opportunities and Challenges (updated 10/09)
• Estate Tax--Maximizing Benefit of Exemption
• Temporary Suspension of Required Minimum Distributions for 2009
• Congress sharply curtails tax strategy of making gifts of appreciated property to younger family members to lower capital gains tax
• Tax changes affecting individuals and families in the American Recovery and Reinvestment Act of 2009
• Business tax changes in the American Recovery and Reinvestment Act of 2009
• Energy tax incentives in the American Recovery and Reinvestment Act of 2009
• Expanded nonbusiness energy property credit in the American Recovery and Reinvestment Act of 2009

General Information

• Form 7216 - Consent to Disclosure of Tax Return Information
• IRS 20-Factor Test:  Independent Contractor or Employee
• C Corporation as Choice of Entity
• Advantages to SEP, SIMPLE IRA plans, and 401(k) Plans of allowing "catch-up contributions" by individuals who have reached age 50
• When married couples should file separate returns
• Alternative Minimum Tax--Individuals 
• Revised Form 990--an overview
• Perils of Doing Business in Multiple States