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Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Nearly every business has a website and the IRS hasn’t yet released official guidance on the tax treatment of website development costs. However, you can apply existing guidance on other costs.

Tax Treatment of Business Website Development costs

These days, most businesses need a website to remain competitive. It’s an easy decision to set one up and maintain it. But determining the proper tax treatment for the costs […]

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Let's Talk About Series EE Savings Bonds

Let’s Talk About Series EE Savings Bonds

If you have Series EE savings bonds and are wondering how the interest you earn on them is taxed, or if you have ones reaching final maturity and need to […]

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Tax Issues to Understand When Getting a Divorce

Tax Issues to Understand When Getting a Divorce

In addition to the difficult personal issues that divorce entails, several tax concerns need to be addressed to ensure that taxes are kept to a minimum and that important tax-related […]

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Retirement Security: What's the right plan for your business?

Retirement Security: What’s the right plan for your business?

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any employees. Several types of […]

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Do you have to make a payment on Sept. 16?

Do you have to make a payment on Sept. 16?

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must be sent to the IRS on a quarterly basis. The […]

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Transactions with Foreign Companies and Individuals: the Basics of Information Reporting

Transactions with Foreign Companies and Individuals: the Basics of Information Reporting

Technology and the relative ease of travel make the world seem a little bit smaller every day. This means more and more taxpayers are finding themselves transacting with foreign companies […]

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Transition Planning Part I (ESOPs_employees)

Transition Planning Part I (ESOPs/employees)

Eventually, the ownership of every privately-held business will be transitioned in one way or another.  There are many options available to transfer ownership, but they basically fall into one of […]

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Tax Benefits of Working from Your Home

Tax Benefits of Working from Your Home

Working from home has its perks – you can skip the commute, have a more flexible schedule, and forego “business professional” dress on many occasions.  If you work from home, […]

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More Retirement Plan Options for Smaller Businesses

More Retirement Plan Options for Smaller Businesses

Small businesses now have more options available to them related to retirement plan participation.  The U.S. Department of Labor (DOL) has released a final rule which should make it easier […]

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Winning at Gambling Can Create Tax Implications

Winning at Gambling Can Create Tax Implications

Not everyone is lucky enough to be a gambling winner. However, if you’re lucky enough to be a winner at gambling or the lottery, congratulations! After you celebrate, however, you […]

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Traditional IRA Withdrawal Rules

Traditional IRA Withdrawal Rules

For most of your life, saving for retirement has likely been a financial goal or an area you have consciously tried to save for. Planning for withdrawals as you enter […]

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Pros and Cons of S Corporations – is it right for you?

Pros and Cons of S Corporations – is it right for you?

For many years, the number of S corporations have been on the rise, due to high corporate tax rates and double taxation. Business owners were able to receive limited liability […]

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Deducting the cost of business equipment has never been easier

Deducting the Cost of Business Equipment Has Never Been Easier

It is now even easier to deduct the cost of the business equipment and other depreciable property you are buying for your business. The Tax Cuts and Jobs Act (TCJA) […]

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Reconsidering Your Investment Strategies

Reconsidering Your Investment Strategies

As we get into the summer, there is no better time to reconsider your investment strategy. Whether you are looking to make large scale changes or minor tweaks, the following […]

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The Gift of Business Valuations for Estate Planners

The Gift of Business Valuations for Estate Planners

By Miranda Aavatsmark In case you had not heard, never watch the news, or do not regularly check your Twitter, the estate and gift tax exemption doubled from about $5.5M […]

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Webinars

QuickBooks Online: Important Changes to Year‑End 1099 and W2 Tax Forms for 2024

As we approach year end, please see the information below that outlines the new fee structure for 1099 and W-2 forms printed and mailed by Intuit’s QuickBooks. If you have […]

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Beneficial ownership information report

Beneficial Ownership Information Report –New 2024 Requirement

By Amy Sandlin, CPA, Tax Quality Control at Blue & Co. Tens of millions of businesses are estimated to be now required to file a Beneficial Ownership Information Report (“BOIR”) […]

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Ohio commercial activity tax

Major Changes to the Ohio Commercial Activity Tax May Reduce Your Business Taxes This Year

By Cayleb Reyes, Senior Accountant and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Significant changes to the Ohio Commercial Activity Tax (“CAT”) will impact businesses this year, […]

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Tax Relief for American Families and Workers Act of 2024: A Comprehensive Overview of Bipartisan Legislation

By Derek Gray, CPA, Director and Amy Sandlin, CPA, Senior Tax Manager at Blue & Co. A bipartisan bill drafted by House Ways and Means Chair Jason Smith (R-MO) and […]

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government shutdown

Potential Federal Government Shutdown: Impact on Businesses and IRS Operations

By Elizabeth Zimnawoda, CPA, Senior Accountant at Blue & Co. The possibility of federal government shutdowns looms early this year, stemming from persistent funding challenges. Unmet funding resolution deadlines could […]

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529 plan

Unlocking Educational Wealth: The SECURE Act 2.0’s Transformation of 529 Plans

By Jackie Emert, CPA, MST, Tax Manager and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Have you heard about the SECURE Act 2.0? It builds on the […]

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