Blog

Tax Act Extends Employment Tax Holiday Through 2012

On February 22nd, 2012, by Mike Hawkins

On February 17, 2012, Congress passed The Middle Class Tax Relief and Job Creation Act of 2012, sending the Act to President Obama to be signed into law. Once signed, the Act will extend the employee-side payroll tax cut (from 6.2% to 4.2%) through the end of 2012. The Act will not change the tax..

President’s Budget Proposal Provides Insight

On February 20th, 2012, by Brian Stautberg

Last week President Obama introduced his fiscal year 2013 budget proposal. While this budget is unlikely to pass in its current form, the proposals give insight into what some government officials are considering for future tax policy. We have reviewed the President’s proposal and put together a brief summary of some key areas that could..

Emerging & Established Wealth Video

On February 9th, 2012, by Heather Bucher

At Cassady Schiller, we help our clients plan for the growth, preservation, and utilization of their wealth with a personalized team of experienced and qualified professionals. Every client relationship starts with an in-depth exploration of your family values and individual financial goals. We work hard to understand what is truly important to you. Then, our..

Worker Classification

On February 8th, 2012, by David Lingler

Worker Classification Issues are a Top Priority on Washington’s Agenda. Since independent contractor classifications result in lower federal employment taxes for businesses, a worker’s classification has always been a contested issue between the government and business sectors. This is complicated by the vague classification process of a “facts-and-circumstances test”, based upon whether or not the business..

What is Enterprise Value?

On January 22nd, 2012, by Jeff Stautberg

Enterprise value is the theoretical price an acquirer might pay for another firm. In essence, “step into the current owner’s shoes”. Think of Enterprise Value as the potential takeover price. In the event of a buyout, an acquirer would take on the company’s debt, but would pocket its cash. A simpler calculation for enterprise value..

Fundamentals for Increasing the Value of Your Business

On January 13th, 2012, by David Lingler

How is it possible that a web based technology company with no profit be worth millions more than a stable service or manufacturing business with several years of revenues and profits? The answer to this “unfairness” can be found in the fundamentals of business valuations. All business valuations attempt to put a dollar value on..

Ohio Charitable Registration

On January 9th, 2012, by Linda Brogan

Due to recent statutory and rule changes, effective for all fiscal years ending November 30, 2011 or later, the State of Ohio has mandated electronic filing of the Not-for-Profit charitable registration forms. The State of Ohio has published a document containing all of the information and steps needed to register online. Please review this document..

Cassady Schiller Firm Video

On January 6th, 2012, by Heather Bucher

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..

Payroll Tax Cut Temporarily Extended

On December 27th, 2011, by Brian Stautberg

On December 23rd, President Obama signed The Temporary Payroll Tax Cut Continuation Act (the “Act”) of 2011 into law. The Act extends the current reduction of the Social Security withholding rate from 6.2% to 4.2% through February 29th, 2012. High wage earners (those who receive more than $18,350 in wages during the two-month period) will..

Endow Kentucky Tax Credit

On December 20th, 2011, by Janie Evans

The State of Kentucky has allocated $500,000 in tax credits for each of the fiscal years ending June 30, 2012 and June 30, 2013 for a total of $1,000,000. These credits are for donations made to a qualified Kentucky Community Foundation and directed to a permanently endowed Kentucky fund. These credits will be taken against..