Articles & Publications

  When people think about setting up a trust fund, they often think that trusts are only for the wealthy, which is not the case. Anyone can utilize a trust in their estate plan as an instrument to distribute. Read More >>

Among the many tax extender provisions in the newly signed Tax Increase Prevention Act of 2014 (the “Act”) was a provision that could potentially affect multi-employer defined benefit pension plans, such as union plans or groups of companies sharing. Read More >>

By their very nature, nonprofits embrace risk. They start with little more than a bold dream and desire to make a difference. But risk has a way of blindsiding unwary nonprofits. Below we’ve listed the top seven threats for. Read More >>

On December 23, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards update No. 2014-18, Accounting for Identifiable Intangible Assets in a Business Combination. Previous U.S. GAAP regulations mandated that the acquirer of a business must identify and. Read More >>

  2014 FUTA Credit Reduction States Released The Department of Labor (DOL) has announced the final list of states with an outstanding balance under Title XII of the Social Security Act, which affects the FUTA tax rate credits for. Read More >>

  Effective January 1, 2015, Employer and School District Withholding Tax Payments Must be Made Online On November 13, 2014, Ohio finalized a tax regulation requiring all employer and school district withholding tax payments to be made through the. Read More >>

As  year-end approaches, it is a good time to consider any tax planning strategies you can make to minimize your taxes – on both your 2014 and future years’ returns.  We have outlined some approaches you can make both. Read More >>

AKRON, OH – October 28 – Effective November 1, 2014, Libman, Goldstine, Kopperman & Wolf, a downtown Cleveland-based CPA firm, will merge with Bober Markey Fedorovich, one of Northeast Ohio’s largest regional accounting firms. “The merger enhances our client. Read More >>

  In late fall of last year, the Internal Revenue Service released the highly anticipated final regulations regarding tangible personal property. The final regulations provide a myriad of new rules for many taxpayers that became effective Jan. 1 of. Read More >>

According to Industry Week’s “2013 Year-End U.S. Manufacturing Outlook Study,” manufacturers are generally optimistic about their growth prospects. Bloomberg reports that manufacturing in the U.S. is expanding at a faster rate and making a bigger contribution to the U.S.. Read More >>