Income Tax

Beginning with the 2013 tax year, an individual taxpayer filing the IT 1040 is allowed a deduction amounting to 50 percent of the taxpayer's Ohio small business income of up to $250,000.

Ohio's deployed military personnel may receive free tax preparation services from volunteer tax experts.

A couple of years ago, a reader told me that he was very perplexed. He was trying to prepare his daughter’s tax return, but was coming up with a huge tax bill. Why?

Accountants, especially during busy season, have significant demands on their time, so it's critical to understand how to balance a desire to develop deeper client relationships and work-related time constraints.

I have been preparing tax returns for a very, very long time. Yet, I usually feel as if I know nothing. So, when someone asks me a question, even when I am pretty sure of the answer, I look it up.

The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.

The federal government is set to unveil in the next few days a way for legal pot merchants to use banking services.

A new simplified method devised by the IRS for claiming home office deductions is much faster and easier to use than the unwieldy traditional method.