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2009 Ohio Tax Update
Franchise Tax Returns - With the phase-out of the personal property tax and franchise tax that began 4 years ago, 2009 marked the final returns for many filers. The final Forms FT-1120 for corporations were due on October 15, 2009 (if extended), and the final Forms FT-1120S for S corporations were due in June.
New Law Extends Homebuyer Credit, Unemployment Benefits and NOL Carrybacks
The Worker, Homeownership and Business Assistance Act of 2009 (the Act) was signed into law on November 6, 2009. In addition to extending benefits to unemployed workers, the Act extends and expands some of the stimulative tax measures contained in the American Recovery and Reinvestment Act of 2009 (ARRA) passed last February.
The Internal Revenue Service Extends Deadline for Disclosing Offshore Accounts
Today, the Internal Revenue Service (IRS) announced a one-time extension of the deadline for special voluntary disclosures by taxpayers with unreported
Beware of E-Mail Scam Posing as IRS Correspondence
Beware of any email that you receive posing as correspondence from the Internal Revenue Service (IRS) as our firm has seen an increase in the number of these phony e-mails. Mark DiPietrantonio explains.