Pease Bell Posts

With the first year of legalized sports gambling in Ohio in the books, many Ohioans may face higher-than-expected tax bills because of their sports gambling winnings. In the coming weeks, gamblers who won more than

2023 saw the longest strike for SAG-AFTRA (Screen Actors Guild – American Federation of Television and Radio Artists), beginning July 14 and ending November 9, a period of 118 days. It followed the beginning of

One of the biggest legislative changes affecting small business in 2024 and future years is the Corporate Transparency Act (CTA).  Here is a list of answers to questions that business owners might have about the

Artificial Intelligence (AI), with its transformative potential, has become a double-edged sword, empowering both positive advancements and, unfortunately, nefarious activities by bad actors. As AI technologies continue to evolve, so do the methods employed by

When determining the type of transaction, factors such as tax implications and potential liabilities are the foremost considerations. An asset sale involves acquiring specific assets and liabilities, whereas a stock sale entails purchasing the shares

While it is not common for regulatory compliance requirements to lessen over time, in February 2023, the Internal Revenue Service (IRS) and U.S. Department of Labor (DOL) revised the 2023 Form 5500 instructions to provide

When individual taxpayers have losses from flow through entities, the key question is whether or not the individual will have the ability to deduct that loss on their tax return. The Tax Cuts and Jobs

Client Accounting Services (CAS) is one of the fastest-growing outsourced services available to small and growing businesses.  CAS allows business leaders to focus on their goals, while significantly reducing the time, cost and resources needed

On September 1st, 2023, CMS proposed the Minimum Staffing Standards for Long-Term Care (LTC) Facilities and Medicaid Institutional Payment Transparency Reporting rule. This rule was proposed in response to recent trends of poor employment rates

Gifting allows you to transfer wealth to your loved ones during your lifetime, enabling them to enjoy financial security. By taking advantage of the tax exclusion for gifts, you can ensure that your family’s financial

The holiday season is a time for celebration, joy, and generosity. Unfortunately, it’s also a peak period for fraudsters looking to take advantage of the festive spirit. As you prepare to shop for gifts, book

Statement on Auditing Standards No. 143: Auditing Accounting Estimates and Related Disclosures is effective for 2023 year-end audits. The standard provides auditors updated guidelines on the nature of estimates and how to audit these items.