Archive for - August, 2016

Charles Fast promoted to manager

Aug. 29, 2016

Charles Fast, Wooster CPA, promoted to manager WOOSTER – Walthall CPAs, a leading regional CPA and business advisory firm, is pleased to announce the promotion of Charles S. Fast, II, CPA, […]


Aug. 23, 2016

WISNIEWSKI EARNS AICPA NOT-FOR-PROFIT CERTIFICATE Furthering Walthall’s commitment to the nonprofit industry CLEVELAND – Walthall CPAs is proud to announce that Teresa M. Wisniewski, CPA, tax supervisor, recently completed the […]

Will you be ready for the new overtime rules?

Aug. 22, 2016

The New Overtime Rules – Will You Be Ready? Read the article by Bruce Bechhold in the Women’s Journal News. 

What is a cost-segregation study of business assets?

Aug. 18, 2016

Taxpayers using real estate in their business often can generate significant tax savings and increase cash flow by using the technique of cost segregation. Cost segregation is the identification and […]

The 2016 presidential candidates’ tax plans

Aug. 17, 2016

The presidential election is fast approaching. Though tax policies haven’t received top billing in this year’s presidential election dialogue, they’re still part of the conversation. Here is an overview of each candidate’s tax […]


Aug. 16, 2016

AMHERST –  Walthall CPAs will host an open house on September 8 from 4 – 7 p.m. to celebrate its newly renovated Amherst office at 197 North Leavitt Rd, Amherst, […]

Ohio—Sales and Use Tax: Medical Transcription Services Were Taxable

Aug. 16, 2016

In a recent Court of Appeals Case, Dayton Physicians LLC v. Testa, medical transcription services purchased by a medical practice were subject to Ohio use tax because they did not […]

Does your hobby pay off? Five tax tips about hobbies that earn income

Aug. 16, 2016

Millions of people enjoy hobbies. Hobbies can also be a source of income. Some of these types of hobbies include stamp or coin collecting, craft making and horse breeding. You […]

New requirement for organizations to operate under Section 501(c)(4)

Aug. 11, 2016

Legislation enacted in 2015 added Section 506 to the Internal Revenue Code. This section requires entities that wish to operate as a 501(c)(4) organization to notify the IRS. To provide […]

How to handle travel for charity

Aug. 10, 2016

Do you donate time and services to charity? Great! However, if you will be traveling as part of this service, some travel expenses may help lower your taxes when you […]