Tag Archives: Appalachian Basin CPAs

Benefit from the Effects of the Government Shutdown with Appalachian Basin CPAs in Canton, Ohio

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The shutdown that brought parts of the US federal government to a grinding halt in October is over. Effects of the government shutdown, however, will linger into 2014. Perhaps the most notable effect to individuals in Canton, Ohio, families in North Canton, Ohio, and business owners throughout Stark County, Ohio is a late start to the 2014 tax season. Originally expected to open on January 21, IRS officials have announced a one- to two-week delay. And the team at Appalachian Basin CPAs is providing key details on what this means to everyone filing taxes in the US.

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Manage Business Taxes Minus Multiple Incentives with Appalachian Basin CPAs in Stark County, Ohio

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Filing business taxes will be a markedly different experience in 2014. Many of the business tax incentives currently benefiting organizations in Akron, Ohio; Canton, Ohio; and other parts of Stark County, Ohio will be gone. Most came into play as part of the Bush tax cuts, and were extended through December 31, 2013. Dubbed extenders, these helpful business breaks include Section 179 expensing among other things. And the insightful tax team at Appalachian Basin CPAs can make sure you continue to prosper in light of it all.

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Expiring Tax Credits & Deductions Fuel Tax Planning with Appalachian Basin CPAs in Stark County, Ohio

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Personal tax planning may soon gain front-seat status with US families. Thanks to expiring tax credits and likewise disappearing tax deductions, many will have to hedge against lost breaks in 2014. Energy credits, mortgage insurance premium deductions, and other federal tax benefits will fade away this year. Combined, the changes stand to impact people in Carroll County, Ohio; Columbiana County, Ohio; and all points elsewhere. That makes now the time to figure out what your tax future holds. And the place to figure out how to handle it is the Stark County, Ohio office of Appalachian Basin CPAs.

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Benefit from Underused Depreciation Rules & Cost Segregation with Appalachian Basin CPAs, Stark County, Ohio

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Owners of specialized real estate are missing out on tax advantages. And they have been for some time. These advantages hinge upon depreciation rules which, in some cases, allow property owners to write off building and land improvements over as few as five years. For commercial property owners in Carroll County, Ohio and Columbiana County, Ohio, this makes for much larger deductions than the general 39-year depreciation period. Same goes for owners of income-producing residential property in Harrison County, Ohio and Stark County, Ohio who are depreciating property over 27.5 years. And Appalachian Basin CPAs in Canton, Ohio can help all get bigger tax breaks by replacing existing accounting methods with cost segregation.

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Do You Qualify for a Tax Penalty Waiver? Trust Appalachian Basin CPAs in Canton to Help You Find Out!

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No one likes paying taxes, but its a burden we all must bear whether we reside right here in Stark County, Ohio in Northeast Ohio or on one of Hawaii’s beautiful tropical islands. However, for some taxpayers this tax season, 31 forms were delayed until March due to last minute tax law changes.  The qualified Certified Public Accountants at Appalachian Basin CPAs in Canton, Ohio can tell you, tax laws can change at any time and they change frequently. For those who were in affected by the last minute changes in the American Taxpayer Relief Act of 2012, this could have possibly been a huge inconvenience. Fortunately, for these taxpayers who would normally incur a late payment penalty due to this inconvenience, the IRS has decidedly issued tax penalty waivers.

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Appalachian Basin CPAs: 2012 and 2013 Small Business Tax Credits and Deductions

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The last thing a busy business owner wants to do is spend hours trying to understand which tax deductions or credits they qualify for. With tax season upon us, many small business owners in Northeast Ohio seek the guidance and expertise of the Certified Public Assistants at Appalachian Basin CPAs. Located in Canton, Ohio, their experienced CPAs can serve as an essential asset when it comes time to deal with the taxes for small business throughout Stark County, Ohio and Summit County, Ohio. Their staff of qualified professionals will work diligently to ensure every small business gets the proper amount of tax credits applied to their annual tax returns.

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Appalachian Basin CPAs Helps Small Businesses Develop Strategies to Incorporate Medicare Surtax

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One of the most important decisions for a business owner in Northeast Ohio is determining what type of entity structure is most advantageous in conducting business operations: A Sole Proprietorship? A Corporation? A General or Limited Partnership? A Limited Liability Company? With the new taxes levied under Obamacare, things are becoming clearer.  Before we would try to create passive income generators (to off-set passive loses) now subject to the 3.8% Obamacare Medicare surtax.

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Appalachian Basin CPAs Serves as Northeast Ohio’s Top Oil and Gas Accounting Firm

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Due to the opportunities provided with the Utica Shale, an influx of new businesses has made its way into the Northeast Ohio region. Many of these new businesses may find themselves stumped as to where to turn to in regards to business and tax advice. When it comes to dealing with natural resources, such as oil and gas, you will find this to be one of the most complicated areas of the United States Federal Income Tax system. Appalachian Basin CPAs is the top oil and gas accounting firm, not only in the Canton, Ohio region, but the Appalachian Basin from New York to Kentucky. As a Certified Public Accountant and Certified Business Valuation Analyst, their CEO David Beule and his highly trained staff service the greater Stark County, Ohio area in management and business consulting, accounting, auditing, as well as tax consultation and preparation for businesses.

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