Resources

Archive for the ‘Tax Services’ Category

Thursday 11/29/2018

Individual Year-End Tax Planning Reminders

Chris Eichmuller, CPA is a senior manager at Corrigan Krause.  December came fast and the end of the year is quickly approaching. Questions are still looming about how tax reform will impact both individuals and business but it’s not too late to make tax planning moves to improve your tax situation for 2018. Here’s what […]

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Thursday 11/22/2018

Things to Consider BEFORE Year-End for Trusts

Lynda Doland, CPA, MT is a Director at Corrigan Krause and leads the Estate, Gift and Trust niche at the firm. What are the year-end moves you should make if you are a trustee? When you are collecting your personal tax data, watch for items sent that are issued in a trust ID number. Once […]

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Thursday 09/13/2018

Qualified Opportunity Zones: Strengthening Our Economy While Deferring Taxable Income

Carleigh Machock, CPA It’s no secret that the economy is currently on the upswing. In Northeast Ohio, new construction and building renovations are prevalent throughout the region. There are ample opportunities for economic growth as property values rise, new businesses emerge and more investors tie money into the market.  Cleveland is a great example of […]

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Thursday 09/06/2018

What You Need to Know About Section 199A Deduction

Eric Dorenkott, CPA As we move into Q4, now is the time to begin year-end tax planning. The new Section 199A may be the most radical change of last year’s historic tax reform bill, and one not to be overlooked. Section 199A gives a 20 percent deduction of qualified business income to pass-through entity owners. […]

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Thursday 08/30/2018

College Savings (529) Plans: The Benefits and New Rules

John Saccardi, CPA explains the recent changes to 529 Plans. College Savings Plans (529 Plans) can provide great tax benefits to people trying to save for their children’s or grandchildren’s college education.  These plans can be set up for just about anybody though (a relative, friend or yourself)! Prior to the Tax Cuts and Jobs […]

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