I mailed a check for my franchise tax payment on the last week of November, but it has not been cleared. I received a second notice stating I need to pay by December 22nd to avoid penalties. I need to know if the check was received to avoid penalties.

March 30th, 2024

I have a Series Holding Company LLC that owns my real estate and a Property Management LLC that collects rents from my property manager. The Series Holding Company LLC has a bank account and the Property Management LLC has a bank account. How should the money flow through each account? Which account should pay the mortgage and which account should hold the profits?

November 6th, 2024

Does Ohio require S corporations to file Form FT 1120S?

February 22nd, 2024

I'm planning on buying a Chevy Bolt EV today, but should I wait a week to get the 2023 tax advantages?

March 20th, 2023

I need to amend a 2021 K-1 for our small business, which affected our personal tax filing. The K-1 indicates unreported earnings that we did not earn, likely due to my misunderstanding of some questions and inputting the wrong information. I used TurboTax software to file the original taxes, but I can't pull up the information on my computer anymore. I have the printed copy of what I filed. How can I amend this and what steps do I need to take?

April 1st, 2023