Tax Law Blog

April 15th has come and gone. If you are reading this, you have survived and are now very relieved. But for some of us, it was a bit like being on the Titanic. Some history buffs might recall that the great ship hit an iceberg just before midnight...

Some things are simply scarier than they ought to be. Take for example, TV commercials for prescription drugs. The medication is being pitched to viewers because it apparently alleviates some ailment, yet because the pharmaceutical companies are...

Ohio Tax...

It begins with an innocuous greeting: “Dear Taxpayer.” For those receiving a notification from the Internal Revenue Service that they are to be audited, the friendliness ends for all practical purposes right there. The cheerless good news is that...

In some cases, the worry ends on April 15th. Decisions have been made, declarations, reports and forms have been filed. The dread is, in some cases, over. For those who have for years declined to report their foreign bank holdings, the dread might...

Federal and state governments have numerous programs that provide aid to retired, unemployed and disabled workers. Programs like Social Security, Social Security disability and Medicare are funded in part by employee payroll taxes. To ensure for the...

Though the housing market is in remarkably better shape than it was in 2007, there are still large numbers of homeowners with significant negative equity. In fact, approximately 7 million of these property owners have mortgage debt approximately 25...

Tax evasion means jail time for many individuals. One couple is now looking at 15 years imprisonment for alleged tax evasion. What is unusual about this particular case is that the pair was running a tax preparation business.

Tax season is in full swing and, by now, Ohio residents have likely finished their taxes or at least made decisions about whether or not they plan to hire someone else to do their taxes. Whether an individual plans to complete and file their own...