Silver Lining to Tax Cloud Hovering over Small Business Values

Tax changes kicking in for 2013 have deflated small business values, but there are more transactions as buyers hope to get a good price, according to a new study from BizBuySell, the online business-for-sale marketplace.

Brokers surveyed say they are currently seeing an increase in the number of deals being completed, compared to the same…

Kentucky Enacts Tax Amnesty Program for 2012 – 2013

Kentucky recently enacted legislation (H.B. 499) that authorizes the Department of Revenue to conduct a tax amnesty program during fiscal year 2012-2013.  The Amnesty Program will run for a period of not less than 60 days and not more than 120 days at some point during Kentucky’s fiscal year beginning July 1, 2012 and ending…

Depreciation changes in tax law are coming

For the past several years taxpayers have received a gift from Congress in the form of accelerated depreciation.  In 2011 as well as part of 2010, taxpayers could write off the entire cost of fixed asset purchases through “bonus” depreciation as long as the taxpayer was the original user of these assets.  In addition, many…

401k Sponsors: Avoid Mistakes with Timely Deposits

In any qualified retirement plan, money comes in and money goes out. And an area that garners Department of Labor (DOL) attention is what’s known as timely deposits. The DOL actively enforces timely deposits of elective deferral contributions. To avoid problems, here’s what you need to know.

What are the requirements?

Generally, plans appoint a…

Cassady Schiller Firm Video

We are a Cincinnati CPA & advisory firm dedicated to building relationships that bring value.

At Cassady Schiller, we’re committed to being your trusted financial advisor through responsive, personal service. We are dedicated to building a relationship with you that instills confidence and security. Our approach is best described as people first, relationships being the…