Visit our page dedicated to providing resources that will help you better understand Beneficial Ownership Information (BOI) requirements and how you can most efficiently comply.
Learn More** This blog was last updated 12/18/23 ** The latest biennial budget bill made significant changes to the Ohio Commercial Activity Tax (CAT) that left many business taxpayers and practitioners in the state waiting for more clarity. On Monday, August 21, 2023, the Ohio Department of Taxation...
Read MoreCreating strategies for both estate and business succession planning is equally important. On the business side, it’s not just about preparing for your retirement but also about preparing for unexpected events. Either way, proper planning identifies which position you want to replace, potential...
Read MoreAs of September 14, 2023, the IRS has stopped processing newly filed Employee Retention Credit (ERC) claims, at least until the end of 2023. This means the IRS will not take action at the present time on any claims filed on or after this date. While they will continue to process previously filed ERC...
Read MoreCohen & Company has named Adam Hill, CPA, as partner in charge of advisory, effective September 1, 2023.
Read MoreIt’s that time of year again — the end of summer, back to school and, yes, the online issue of the AICPA’s Tax Adviser August Tax Clinic! The Tax Clinic is a special section in the journal that analyzes current tax issues and opportunities in the profession. We’ve been fortunate to serve as the...
Read MoreLegislation, court cases and IRS guidance over the past 12 months have directly impacted the tax landscape for S corporations and their shareholders. Jonathan Williamson contributed to a recent AICPA Tax Adviser article, “Current Developments in S Corporations,” in which a host of experts weighed in...
Read MoreOn August 23, 2023, the Securities and Exchange Commission (SEC) adopted new rules and amendments to the Investment Advisers Act of 1940 that will significantly impact both registered and non-registered investment advisers, but specifically advisers of private funds. Below highlights the primary...
Read MoreTAG Alliances®, a leading multidisciplinary alliance of independent professional services firms, has appointed Ray Polantz, tax partner at Cohen & Company, as its newest advisory board member. Ray will join the TAG Alliances Advisory Board as a member of its Global Strategy Committee. The...
Read MoreCohen & Company began in 1977 in Cleveland when Ron Cohen, a young entrepreneur and Youngstown native, decided to branch out on his own and build a firm that could help business owners. As the firm grew, in 1983 the Youngstown office was born, built by other young entrepreneurs who believed in Ron’s...
Read MoreWith more and more people consuming content digitally, Georgia is now one of the many states taking advantage of taxable revenue opportunities in this space. Georgia Senate Bill 56, signed on May 2, 2023, requires digital products, goods, services and codes downloaded in Georgia to be subject to...
Read More