Forbes Magazine has named Barnes Dennig a 2021 Top Recommended Tax and Accounting Firm in America – one of only 172 firms across the country to be a recommended firm in both categories. Forbes partnered with research company Statista to conduct an independent survey and online access panel of thousands
Companies paying prevailing wages in the clean energy sector may now be able to claim tax credits, according to new Treasury and IRS regulations. In a push to stimulate growth in the clean energy sector, the U.S. Department of the Treasury and the IRS released the new regulations under the
On the surface, taking the Employee Retention Credit (ERC) is four easy steps, but we all know that nothing’s really easy. This is especially true when it comes to interpreting new legislation where not all the guidance is out yet. And, to make things even more complex, there are different
For the second year in a row, Barnes Dennig is one of the U.S.’s Top Recommended Firms in both the Tax and Accounting categories – one of only 177 firms across the nation to make both lists. More than 4,400 firms were considered in compiling this year’s list, according to
Planning for your estate can be a complex process that requires careful consideration of different techniques and strategies. Grantor trusts and intentionally defective grantor trusts (IDGT) are two strategies individuals can use to provide tax benefits for themselves and their beneficiaries while reducing their estate tax liabilities. Grantor trust requirements
Recently, businesses and trade associations led by the Ohio Society of CPAs (OSCPA) sent a letter to Ohio’s Congressional Delegation regarding the issues surrounding 2020 Ohio Bureau of Workers Compensation (BWC) Dividends, expressing concerns about their potential unintended impact on businesses. Requested Exclusion for PPP Loan and ERTC The letter
Filing a Form 990 is one of those tasks that all non-profits must complete. Yet, there are a surprising number of common and not-so-common tips that non-profit leaders can take to make the filing process easier and more beneficial to your organization. In this blog and accompanying video, we break
The Inflation Reduction Act (“IRA”) provided a new tax credit under Internal Revenue Code Section 45X, allowing certain manufacturers to qualify for a production tax credit for the domestic production and sale of eligible components. On December 14, 2023, proposed regulations were issued to provide more insight into this new
The failure of the Tax Relief for American Families and Workers Act (HR 7024) in the Senate has painful implications for research and development (R&D) expenses – and that hits the manufacturing industry hard. The bill, which failed to garner enough support for passage due to policy disagreements, addressed several
A Fresh Perspective, a Clear Path to Profit To reach the top and stay there, your business has to keep improving. There are problems to solve. Processes to refine. When time is tight or you’re out of ideas, it just makes sense to add someone new to the conversation. Who
What does the “One Big Beautiful Bill Act” (OBBBA) mean for your personal tax situation? There’s a lot to unpack here, and we’ll be covering the implications in a series of blog posts. Today, we’re looking at the implications of the OBBBA for individuals, and you may also be interested
Can’t watch the video? Get the transcript. Top non-profit tax pros Paula Hume and Lynn Meiser dive into Form 990 – the different versions, filing requirements for different sizes of organizations, and insights on how the Form 990 can be an asset to your non-profit organization’s growth. Highlights and