business tax Tag

One of my clients recently contacted my office and advised that his Company had received a Notice from IRS regarding calculation of the Employer Shared Responsibility Payment (ESRP).  According to the letter, the IRS had determined that the Company was an Applicable Large Employer (as...

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The Ohio House of Representatives held its third hearing on HB 334 October 24th.  An amendment to HB 334 was introduced and [caption id="attachment_7012" align="alignright" width="240"] Image provided by Flickr, 401kcalculator.org[/caption] discussed.   The amendment would have added a requirement that small business owners apply for and receive...

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Have an “S” Corporation?  Want to acquire a corporation and treat it as a subsidiary?  Want to avoid double taxation on the acquired corporation’s income?  Consider making a Qsub election. An “S” corporation can acquire and own the stock of a “C” corporation.  But having an...

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