Archive for - May, 2014

How is your company valued?

May. 30, 2014

Business valuation is a process which estimates the economic value of an owner’s interest in a business. This process is used to determine the hypothetical price a willing buyer would […]

IRS offers penalty relief for businesses with one-participant retirement plans

May. 28, 2014

Beginning in June 2, 2014 the IRS will offer small businesses with one-participant retirement plans for not filing reporting documents, a one-year pilot program. The program will allow them to avoid […]

Walthall’s private club benchmarking survey

May. 27, 2014

Find out how your club stacks up! Our biannual private club benchmarking survey is a valuable tool for club managers throughout Ohio. We will randomly select 1 out of every […]

Do you owe on taxes? The IRS offers five tips to help you pay your tax bill

May. 27, 2014

If you get a tax bill from the IRS, don’t ignore it. A delay may cost you more in the long run. The longer you wait the more interest and […]

Plan ahead – your family’s future is important

May. 20, 2014

Regardless of age, health or income, planning for your future and your family’s future is important. That’s why we’re offering up this free white paper that’s focused on key estate planning […]

Walthall is hiring!

May. 16, 2014

We are looking to fill two new positions in our Cleveland office – a tax manager and an assurance manager. If working for an established, family-friendly Top Workplace sounds good to […]

Don’t let your funds go unclaimed

May. 15, 2014

Although we frequently glance at the Unclaimed Funds list hoping to find some “new found money,” it may be beneficial to be more diligent and actively look for family and […]

The magic of making interest expense deductible

May. 15, 2014

  Before you make your next large purchase for a car, vacation, home improvement, or pay for college tuition, be certain to review loan options that may provide tax savings […]

How your 2013 Form 1040 can help you plan for 2014 taxes, Part II

May. 13, 2014

This is Part II of a series   Filing Season Developments. So far this year, the IRS, other federal agencies and the courts have issued guidance on individual and business taxation, […]

Writing off baseball tickets for business?

May. 09, 2014

Many businesses purchase season tickets for employee rewards, client relations, or business development. Below outlines when you can actually write off those tickets.  Code Sec. 162 permits a business to […]