On June 21, the Supreme Court handed down a landmark decision in South Dakota vs. Wayfair (“Wayfair”). The fallout of this decision will significantly change the way online vendors handle sales and use (“S&U”) tax for out-of-state consumers going forward. It will, therefore, also affect online consumers. Are you impacted!?
Posts By: Zinner & Co.
No Good Deed Goes Unpunished
Zinner & Co. tax , taxes , not-for-profit , Tax Cuts and Jobs Act of 2017One Effect of the Recent Tax Reform on Not-for-Profit Organizations
By Howard J. Kass, CPA, CGMA, AEP®
As often as employers are maligned, there are times where they try to do the right thing for their employees. To be fair, many times, an employer may take an action or incur an expense that benefits its employees, knowing that the employer will benefit by a tax deduction for incurring an expense. In some cases, Congress encourages such behavior by explicitly permitting favorable tax treatment for certain programs.
One such case was a set of fringe benefits known as the “qualified transportation fringe” benefits that, in fact, received a double-barreled tax benefit for years, by virtue of Internal Revenue Code Section (IRC) 132(f)(5)(C). Under that section, employers were allowed to take a deduction for, among other things, qualified parking fringe benefits that they provided to their employees. What, exactly, was a qualified parking fringe benefit? Under IRC 132(f)(5)(C), “qualified parking” meant parking provided to an employee on or near the business premises of the employer, or on or near a location from which the employee commutes to work by transportation described in Code Sec. 132(f)(5)(A) (relating to “transit passes”), in a commuter highway vehicle, or by carpool.
Zinner & Co. title sponsor of Cleveland Play House production of “Spelling Bee”
Zinner & Co. Zinner NewsZinner & Co. is a proud title sponsor of the Cleveland Play House production of “The 25th Annual Putnam County Spelling Bee,” which runs now through May 6 at the Allen Theater.
Sponsoring this Tony Award-winning musical, is just one of the many ways Zinner & Co. gives back to the community and helps advance the strong performing arts culture found within Northeast Ohio.
A touching and cheeky coming-of-age comedy with a vivacious, improvised spelling bee, this production is a treat for all ages, as “Spelling Bee” focuses on six middle-school students, who take part in a cutthroat, high-stakes competition to prove they have what it takes to be worthy of a shot at "Nationals."
Zinner & Co. Quickbooks Support Policy: What you need to know
Zinner & Co. quickbooks , Ohio business owners , Business - Management, Issues & Concerns , Zinner NewsEffective June 1st 2018 Zinner & Co. will officially adopt Intuit’s Quickbooks Discontinuation policy. If you are using Quickbooks version 2015 or older, you will need to upgrade to maintain compliance. This policy will maintain support for the three most recent versions of Intuit Quickbooks. The annual drop date for the oldest product version is May 31st. Intuit’s current “Disco” policy states:
“Data breach can’t happen in our company, we are not big enough to be a target.”
Take This Job and … Retire? 5 things you must consider before clocking out
Zinner & Co. Taxes - Individual , Retirement Planning & IRAsWhile many entrepreneurs find satisfaction in owning their business and others simply love their jobs, most do not necessarily want to work for the rest of their lives.
If you are such an entrepreneur, you are not alone. Many look forward to the idea of never having to work again, yet, the concern about whether there will be enough income to survive can’t be overlooked. This leads to the all-important question: How much does one need to save for retirement?
Electronic Delivery of Invoices to Begin January, 2018
Zinner & Co. Ohio business owners , Business - Management, Issues & Concerns , Zinner NewsFall 2017 | Winter 2018
Zinner & Co. is ready to ring in the New Year with a commitment to sustainability, focus on our environment, and assurance that our clients receive year-round service. As part of this initiative, beginning in January 2018, business client invoices will be delivered via electronic mail. To ensure timely and effective receipt of your invoice, please take a moment to update your company information by downloading the form here and adding your billing department information if it is different than your primary company contact. (Please let us know if you prefer to continue to receive your invoice via USPS). You can return the form to us at ClientUpdate@zinnerco.com or via US mail:
Tis the Season of Saving: 5 things you can do now to help reduce your taxes
Zinner & Co. Taxes - Corporate & Business , Taxes - Individual , income tax , Matt SzydlowskiIn the quest for gifts and seasonal savings together with the promise of continued prosperity, many taxpayers overlook some of the simple year-end moves they can do that will help to reduce their taxes and improve the bottom line. There are many action steps you can perform today in order to save taxes for the next tax period. Below, find a shining display of our top five tips to save future tax dollars.
HURRY! Reserve your seat today!
IRS Gives Tax Relief to Victims of Hurricane Harvey; Parts of Texas Now Eligible; Extension Filers Have Until Jan. 31 to File
Zinner & Co. Taxes - Corporate & Business , Taxes - Planning, Rules and Returns , Taxes - Individual , IRSAug. 28, 2017 WASHINGTON –– Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.
About Us

Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
Recent Blog Posts
Categories
- 1031 Exchange (2)
- 401k (2)
- 529 plan (4)
- ABLE Act (1)
- account systems (3)
- accounting (8)
- Affordable Care Act (8)
- alimony (2)
- American Rescue Plan Act (1)
- Ask the Expert (5)
- Audit and Assurance Department (13)
- audits (8)
- Bank Secrecy Act (1)
- banks (1)
- Barbara Theofilos (6)
- Beneficial Ownership Information (1)
- Bitcoin (1)
- block chain (2)
- BOI (3)
- Bookkeeping (1)
- Brett W. Neate (28)
- budgets (1)
- Bureau of Worker's Compensation (12)
- Business - Management, Issues & Concerns (50)
- business income deduction (3)
- business succession (7)
- business travel expense (3)
- business valuation (5)
- capital gains (2)
- careers (7)
- cash flow (2)
- Child Tax Credit (2)
- Chris Valponi (8)
- City of Cleveland (1)
- Cleveland COVID-19 Rapid Response Fund (1)
- Cleveland Rape Crisis Center (2)
- college (3)
- Community (24)
- Compliance (1)
- Coronavirus (24)
- Corporate Transparency Act (1)
- COVID-19 (30)
- Credit card fraud (5)
- credit reporting (2)
- cryptocurrency (2)
- CTA (2)
- cybersecurity (16)
- dead (1)
- DeAnna Alger (6)
- death (2)
- debt (4)
- deductions (14)
- Deferring Tax Payments (4)
- Department of Job and Family Services (2)
- depreciation (1)
- Digital Tax Payment (1)
- divorce (4)
- DOMA (3)
- Economic Impact Payments (2)
- Economic Injury Disaster Loan (4)
- education (8)
- EIDL (1)
- electronic filing (4)
- Electronic Tax Payments (2)
- Emergency Working Capital Program (1)
- employee benefit plan auditor (1)
- Employee Leave (2)
- Employee or Independent Contractor (6)
- Employee Retention Credit (3)
- employment (2)
- ERC (3)
- Eric James (8)
- Estates, Gifts & Trusts (48)
- expenses (5)
- Families First Coronavirus Response Act (2)
- FASB (1)
- FBAR (1)
- FDIC coverage (1)
- Federal Assistance (4)
- filing (3)
- financial planning (8)
- Financial Planning - College (9)
- financing (3)
- Firm news (119)
- first responders (1)
- FMLA (1)
- foreign assets (3)
- fraud (38)
- FSA (1)
- fundraising (9)
- Gabe Adler (1)
- gift tax (5)
- HDHP (2)
- health care (3)
- home (2)
- home office (1)
- Howard Kass (2)
- HRA (1)
- HSA (5)
- identity theft (31)
- income (1)
- income tax (57)
- independent contractor (1)
- Inflation (1)
- Insurance (7)
- internal control (4)
- international (2)
- Intuit (1)
- investments (4)
- IRS (87)
- jobs (5)
- John Husted (1)
- K-1 (1)
- Laura Haines (3)
- Layoff (2)
- Layoffs (1)
- leadership (3)
- lease accounting standards (1)
- life insurance (1)
- LLC (3)
- Loans (2)
- longevity income annuities (1)
- Lorenzo's Dog Training (1)
- Magic of Lights (1)
- management advisory (3)
- manufacturing (2)
- Matt Szydlowski (3)
- medical (7)
- Medicare (2)
- mergers and acquisitions (1)
- Mike DeWine (2)
- Millennial Concepts (2)
- minimum wage (1)
- NAIOP (1)
- National Defense Act (1)
- non-profit reporting (10)
- non-profits (38)
- not-for-profit (26)
- ODJFS (1)
- office (1)
- ohio (13)
- Ohio business owners (18)
- Ohio Department of Jobs and Family Services (3)
- Ohio Department of Taxation (3)
- Ohio Incumbent Workforce Training Voucher Program (1)
- Online Tax Payment (3)
- Operations (2)
- OPERS (1)
- owners of foreign entities (1)
- partnerships (5)
- passwords (1)
- Paycheck Protection Program (9)
- payroll (8)
- penalties (3)
- pension (2)
- personal finance (2)
- planning (4)
- ppp (7)
- Productivity (5)
- Qualified Business Income (1)
- quickbooks (10)
- real estate (14)
- record retention (2)
- records (2)
- Reporting (1)
- Republican National Convention (1)
- Retirement Planning & IRAs (53)
- Richard Huszai, CPA (5)
- RITA (1)
- Robin Baum (6)
- RRF (1)
- S Corporation (1)
- SALT (8)
- SBA (8)
- scams (11)
- SECURE 2.0 Act (1)
- security (6)
- SharedWorks (1)
- Shutdown (3)
- Silver Linings (9)
- simplified employee pension (1)
- Small Business (5)
- SMB (12)
- Social Media (1)
- social security (4)
- Speaker Series (2)
- spouse (1)
- start ups (8)
- Stay at Home Order (3)
- Steven Mnuchin (1)
- Sue Krantz (6)
- SVOG (1)
- tangible property (1)
- tax (27)
- tax avoidance (12)
- Tax Credit (7)
- Tax Cuts and Jobs Act of 2017 (31)
- Tax Exempt (1)
- Tax Holiday (1)
- Tax Interns (2)
- tax services (28)
- taxes (45)
- Taxes - Corporate & Business (104)
- Taxes - Individual (116)
- Taxes - Planning, Rules and Returns (187)
- TechCred (1)
- technology (7)
- The CARES Act (6)
- The SOURCE (1)
- tiag (3)
- transaction advisory (2)
- Treasury Department (5)
- tuition (3)
- U.S. Department of the Treasury (1)
- U.S. Small Business Administration (6)
- Unclaimed Funds (1)
- Unemployment Benefits (4)
- withdrawls (2)
- withholding (6)
- Workers Comp Billing Changes (1)
- Zinner & Co. (32)
- Zinner News (30)