Three Lines of Defense for Better Risk Management

Effective internal controls help organizations manage risks and processes in a systematic and effective way. The internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) helps many organizations manage risks. However, one potential improvement would be to more strongly establish responsibilities for the specific duties

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More Business Tax Incentives for Kentucky Companies

Kentucky business owners and entrepreneurs have the opportunity to take advantage of a variety of incentives and tax credits for qualifying business activities. From coal and environmental incentives to industry-specific workforce training there are several tax savings opportunities companies can leverage to reduce their overall tax liabilities. These incentives exist

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Ohio FY 2016-2017 Budget – Tax Highlights

Recently Governor John Kasich signed the fiscal year 2016-2017 budget bill into law. Below are tax highlights covered in the budget. Income Tax Cut As of 2015 a taxpayer may deduct from business income the lesser of 75% of Ohio small business income for small businesses earning under $250,000 or

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Look Out for These Common Sales Tax Pitfalls

Many businesses share in the challenge to be compliant with the most recent sales tax laws. Having the proper insight and awareness as to what legislation is in place and what’s coming down the pipeline requires a significant investment of time and resources.  Laws and applicability are established at the

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