Archive for - August, 2014

Advantages of partnerships over S corporations

Aug. 31, 2014

There are a variety of choices when choosing a business entity. A single individual can operate as a C corporation, an S corporation, a limited liability company (LLC), or a […]

Are you prepared for the loss of a spouse or loved one?

Aug. 28, 2014

We often think we have plenty of time to get our financial affairs in order. Then suddenly, tragedy strikes – the loss of a spouse or loved one. What do […]

College recruiting – where Walthall will be

Aug. 27, 2014

We are looking for internship and full-time positions. Check out where you can find us this fall.

Employer-owned life insurance policies and Form 8925

Aug. 20, 2014

Life insurance proceeds are generally excluded from the income of the beneficiary of the policy.  However, for life insurance policies issued after August 17, 2006, the proceeds of an employer-owned […]

Making nongifts to grandchildren and others

Aug. 18, 2014

Helping out relatives in times of need can be very rewarding. However, if you want to avoid tax implications of gifting, there are ways to do it. If you make […]

Bureau of Workers’ Compensation to repeat rebate in 2014

Aug. 14, 2014

Governor John Kasich recently announced that there will be $1 billion in rebates to Ohio businesses from workers’ compensation surpluses as a result from increased returns on the investments held by the […]

Which charitable giving method is right for you?

Aug. 14, 2014

Bruce Bechhold outlines charitable giving methods in the Women’s Journal News

Helpful tax facts if you sell your home

Aug. 13, 2014

Do you know that if you sell your home and make a profit, the gain may not be taxable? That’s just one key tax rule that you should know. Here […]

Problems of payroll taxes for small employers

Aug. 11, 2014

More small businesses get into trouble with the IRS over payroll taxes than any other type of tax. Payroll taxes are a huge source of government revenue and the IRS […]

Naming a special needs trust as beneficiary of your IRA or retirement plan

Aug. 08, 2014

If you’re reading this article, and have a child or family member with special needs, you’ve probably already set up a special needs trust (sometimes called a “supplemental needs trust”) […]