Ohio CPA

Navigating R&D Tax Credits: Unlock Savings for Your Innovation Projects

Innovation Incentives, Small Business Tax, Tax Credits /

Navigating R&D Tax Credits: Unlock Savings for Your Innovation Projects Investing time and resources into new products, processes, or software development can stretch your budget—but the R&D tax credit is designed to reward exactly that kind of innovation. As someone who’s helped numerous Ohio clients secure these credits, I’ve seen firsthand how they can offset […]

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Section 179 Expensing Explained: Maximize Deductions on Your Equipment Purchases

Tax Planning, Depreciation, Small Business Tax /

Section 179 Expensing Explained: Maximize Deductions on Your Equipment Purchases Investing in new equipment—whether it’s a delivery van, production machinery, or computer systems—can feel like a major cash outlay. As an Ohio business owner, we’ve seen firsthand how Section 179 can turn that expense into a powerful tax deduction, keeping dollars in your pocket right

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Qualified Business Income Deduction: How Ohio Small Businesses Can Lower Their Tax Bill

Small Business Tax, Ohio Business, Tax Planning /

Qualified Business Income Deduction: How Ohio Small Businesses Can Lower Their Tax Bill Every dollar saved on taxes can fuel growth for an Ohio-based small business—whether that means hiring a new team member, upgrading equipment, or boosting your marketing budget. The Qualified Business Income (QBI) deduction, introduced by the Tax Cuts and Jobs Act, allows

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