Three Keys to Successfully Onboarding Employees in a Remote Environment
Over the past year, it has become apparent that a more remote work environment will be the norm going forward. Whether you are a fan of the “work from home” atmosphere or not, it is
SBA Adjusted monthly payments
In virtually unpublicized provisions of the CARES Act in March 2020 and the Economic Aid Act in December 2020, the Small Business Administration (SBA) was provided tools to provide debt relief assistance for their 7(a),
Accounting for New Businesses
That day finally came. The domain has been secured. The ads have been place. The business is coming in! Now what? How do I keep track? What are the most important things to do? The
OHIO COMMERCIAL ACTIVITY TAX – FORGOTTEN CREDITS
The CAT is an annual tax imposed on the privilege of doing business in Ohio, measured by taxable gross receipts from most business activities. “Gross receipts” means the total amount realized by a person, without
Self-Employment Tax
CHILDREN CAN BE EXPENSIVE! The costs of Food, Clothing, Toys, Summer Camps, etc. can be a bit cumbersome to parents and/or guardians! HOWEVER, for business owners, there is a possibility to somewhat mitigate these expenses
Recognized in Forbes 2021 Best Tax & Accounting Firms
Thirty-eight CPAmerica Member Firms Recognized in Forbes 2021 Best Tax & Accounting Firms More than 40 percent of CPAmerica member firms are being recognized for their accomplishments in Forbes America’s Best Tax and Accounting Firms
Introducing New Risk Advisory Service
One of Pease, CPAs core goals has always been to embrace the entrepreneurial spirit and what better way to celebrate that goal than to welcome a new service line: Risk Advisory Services (RAS). The RAS
Introducing Partnership with Bounce Innovation Hub
Pease, CPAs is proud to announce its partnership with Bounce Innovation Hub (bouncehub.org) in Akron, Ohio. Starting in October, Pease, CPAs’ team members will be on-site at Bounce to provide services free of charge in
Impact of COVID 19 on Business Valuations
COVID-19 has impacted almost every part of life from how we work to how we socialize. It has also had a devastating impact on the economy. If you are a business owner, the natural question
Payroll Tax Deferral Procedures Announced by IRS
Late in the evening on Friday, August 28th, the IRS issued notice 2020-65. The notice seeks to expand on and clarify the payroll tax deferral for employees put in place by President Trump’s executive orders
Treasury Carves out Special Rule for Nursing Homes for Interest Deduction
Good News! On July 27, Treasury issued final regulations on the interest deduction limitation. Nursing homes and other residential care facilities were specifically granted a carve out from the application of a part of the
A New Normal: Tax Implications of Employees Working From Home in Ohio
A New Normal: Tax Implications of Employees Working From Home in Ohio During these uncertain times businesses have been forced to evolve to survive. One aspect of this evolution is allowing employees to work from