New 2014 Tax Filing Requirement – Form 3115

On January 16, 2015, the Internal Revenue Service filed Revenue Procedures 2015-13 and 2015-14.  These were released to give guidance on how taxpayers can apply for advance consent from the service for automatic and non-automatic changes in their methods of accounting. For 2014 tax filings, this has been a topic

Keep Reading

Additional Kentucky Business Incentives

Many Kentucky business owners are delightfully surprised to learn about the generous incentives offered to business. These incentives and tax credits are available for typical day to day activities, such as hiring new staff and technology upgrades and improvements to less common business activities, like large-scale recycling endeavors. To help

Keep Reading

Sales Tax Trap for the Unwary Construction Contractor

Contractors commonly cross the border to do business in Ohio and Kentucky. Contractors commonly pick up materials and supplies to complete their customers construction jobs. The general rule in most states is that a contractor is treated as the consumer of all the materials and supplies used in the performance

Keep Reading