The IRS recently provided guidance to real estate investors regarding the Qualified Business Income (QBI) deduction under the Tax Cuts and Jobs Act (TCJA.) One of the weaknesses of the QBI provision of the TCJA was a lack of clarity in section 199A, which allows some taxpayers with pass-through businesses (e.g. LLCs and S-Corps,) to deduct 20% of their qualifying income.
Zinner & Co. is pleased to support Accelerate, an event being held by long-time Zinner client, The Cleveland Leadership Center.
Risk Assessment and Internal Controls - Board Members' Series (Part 2)
Audit and Assurance Department , non-profitsPart 2 of 5
In the current social and economic environment not-for-profit organizations face more
risks than ever before. One of the major responsibilities of the Board, as well as management, is to continuously assess the risks facing the Organization, both externally and internally.
risks than ever before. One of the major responsibilities of the Board, as well as management, is to continuously assess the risks facing the Organization, both externally and internally.Board Member Involvement and Oversight - Board Members' Series (Part 1)
Audit and Assurance Department , non-profitsPart 1 of a 5 Part Series
Do you ever wonder what challenges Board members are facing and how they are 
dealing with those challenges? Zinner and Co. plays a key role in helping organizations and their management team to overcome a wide range of obstacles. Our unique position of working with multiple entities allows us to take our experience and apply it to you and your organization.
This year’s tax season is going to be different. The new tax laws that took effect for 2018 represent the biggest changes to the tax code in over 30 years. So if you haven’t thought about preparing your taxes for 2018, you’ll want to get a jump on it.
Ohio BWC Recommends 20% Reduction in Rates
Bureau of Worker's Compensation , Ohio business owners , InsuranceThe Ohio Bureau of Workers' Compensation (BWC) has proposed a 20% reduction in the average premium rate charged to private employers.
Effective January 1, 2018, new rules took effect for partnership taxpayers. These "Partnership Audit Rules" affect how taxes (as well as penalties and interest) are assessed when a partnership has been audited by IRS.
Tax season is here, once again! I anticipate that this season will be different than tax years of the recent past due to the Tax Cuts and Jobs Act (“TCJA”). While a lot has changed, there are a few things about tax season that never change – mistakes.
At Zinner, we love learning! In December, we shared a list of a few business-related books we enjoyed reading in 2018. But reading a book isn’t always practical. For example, reading while driving is frowned upon. Thankfully, we can listen to podcasts and learn while we commute.
Our team loves listening to podcasts, so we thought we’d share some of our favorites with you. Here are a few of our favorites and why we enjoy them:
The Clarion Call for Nonprofit Transparency
Audit and Assurance Department , audits , non-profits , non-profit reportingThe nature of charitable giving has changed, and there are four primary reasons for this:
- Technology has made it not only easier to give to charities, but to know about charities and how efficiently they perform.
- Changes in the U.S. tax code have created a disincentive for giving, especially for those who gave strictly for purposes of a tax deduction.
- The rise of Donor Advised Funds (DAF) has made it easier for donors to contribute meaningfully to a cause.
- Concerns for transparency and organizational efficiency have driven the need for increased disclosure and external oversight.
Have Nagging Financial Questions?
