Site Map Pages #1557 (no title) Accounting Scholarship Employment Opportunities Paraprofessional Staff Accountant Staff Accountant Intern Internships Open Positions Administrative Assistant Senior Tax Accountant Recruitment Senior Audit Manager About Community Involvement Our Team Abbey Bemis Allen Nickles Brennan W. Otto, CPA Carl McGookey David Brink, CPA Dennis Camp, CPA Jeffrey Rosengarten John Payne Judy Mosher Kevin Kieffer Kurt Mellen Michael Miller Business Accounting Services Accounting & Financial Reporting Services Business Valuations Employee benefits, pension, & profit-sharing plans Entity Selection & Restructuring Financial Planning Services Financial Projections & Forecasts Financial Reporting Services Forensic Accounting Payroll Services QuickBooks Consulting Succession Planning Tax Planning Technology Consulting Client Opportunities Contact eNewsletter & Signup Home Individual Accounting Services Bill Paying Service Estate Planning Financial Planning IRS Representation Tax Preparation for Families & Individuals Trust Services Industries Accounting, Tax & Advisory Services for Construction Companies Payments Payne, Nickles & Company Introduces SafeSend Returns® for Tax Return Delivery Preparing for a Successful Tax Season with Payne Nickles Privacy Statement Request a Consultation Resources Blog COVID-19 Updates Links Secure Client Access Site Map Terms of Use Agriculture Construction Manufacturing Non-Profit Entities Professional Services Real Estate Retail and Hospitality Posts by category Category: Accounting The Financial Impact of New Payroll Regulations in 2026 Strengthening Internal Controls for Small Businesses Mastering Cash Flow Cycles: How to Predict and Smooth Revenue Fluctuations Balance Sheet Ratios Every Business Owner Should Monitor How the One Big Beautiful Bill Act Reshapes Your Year-End Tax Strategy How to Spot Red Flags Across Your Financial Statements Before They Become Problems 4 Tax Planning Opportunities You Might Be Overlooking – Outsourced Accounting Services The Strategic Role of Outsourced Controllership in 2025 How to Structure Profit-Sharing Plans for Construction Teams Pricing Strategies to Stay Profitable in an Inflationary Economy Unlocking Your Business Potential with Financial Dashboards Unlocking Profit Potential: Understanding and Optimizing the Cost of Goods Sold The Importance of Budget Reviews and Revisions Empowering Your Business Through Strategic Financial Planning Best Practices for Record Retention in the Construction Industry Streamlining Invoice Processing to Enhance Cash Flow Navigating New Terrain: The Real-World Balance Sheet Impacts of Lease Accounting Standards Unveiling the Optimal Accounting Method for Your Business’s Prosperity Maximizing QCDs for Strategic Giving and Tax Benefits Maximizing Financial Management: Top Accounting and QuickBooks Tips for 2024 2024 Changes to the Ohio Commercial Activity Tax Profit or Cash Flow: What Should Business Owners Focus On? Harnessing the Power of Profit Margin Ratios Digital Asset Reporting for Business Owners: Navigating the Proposed IRS Guidelines Hobby or Business? Understand how to establish a profit-driven strategy that legitimizes your business. 2 Key Provisions Found in Ohio’s Biennial Budget Bill for Fiscal Years 2024-2025 Overcoming Accounting Errors: Key to Unlocking Your Business Growth Choosing the Right Accounting Method for Your Business’s Profit: Cash vs. Accrual Navigating the Tax Implications of Remote Work: An Essential Guide for Business Owners 5 Tips for A Better Cashflow For Your Construction Firm The Top 12 Tax Scams to Avoid According to the IRS How the Perspective of a CFO Can Benefit Your Business Streamline the Financial Close Process in 2023 6 Reasons to Outsource Your CFO and Improve Your Business in 2023 Get a Better Handle on Your Financial Situation with these 4 Tips for Construction Accounting 2023 Mileage Rates for Business Reimbursements I Bonds Can Help You Tackle Inflation, But You Must Know the Rules Implementing the new lease accounting standards for private businesses and non-profit organizations IRS Increases Mileage Rates Reimbursements for Second Half of 2022 Don’t Overlook Cyber Insurance to Protect Cloud-Based Accounting It’s Time to Re-examine the Pros, Cons of Cryptoassets Can’t File by April 15? When Filing an Extension is a Good Strategy. Navigating the IRS Backlog 3 Ways to Protect Your Business from Fraud and Scams Revenue, cash flow, and how they affect your business Why virtual outsourced accounting is more important than ever The importance of bank reconciliations for your small business How to pivot your accounting operations and cope with COVID-19 3 Tactical Budget Reminders for Construction Misleading Financial Statements or Statement Misunderstanding? TCJA Changes You May Not Have Heard About for Business Tax Accounting Understanding Your Cash Flow and Financial Statements Unlock Your Business’s Potential With QuickBooks Category: Agriculture It pays to consider the Work Opportunity Tax Credit Payroll fraud challenges in a remote work environment Understanding business meal and entertainment deduction rules How your accountant can help with payroll and why that’s important during COVID-19 These Tax Mistakes Are Easy to Avoid and Costly to Make 2020 Standard Mileage Rates Announced for Business, Charitable, Medical and Moving Purposes How Will the 2020 Form W-4 Impact Income Tax Withholding? IRS Finalizes Rule for Truncating SSN on W2 Year-End Tax Planning: The Most Popular Business Tax Credits for 2019 The Taxpayer First Act Are You Complying with Payroll Recordkeeping Requirements? Personal Use of Employer-Provided Vehicles – The Tax Cuts and Jobs Act has made changes. Did you know the LIBOR rate is ending? Determining Employee Vs. Independent Contractor Status Minimize Your Chances of Being Targeted for an Audit Developing a Disaster Preparedness Plan IRS Issues Final Regulation, Clarifying the New Qualified Business Income Deduction 2019 Standard Mileage Rates Announced for Business, Charitable, Medical and Moving Purposes 5 Tips to Build Your Digital Identity Businesses Operational Succession Planning – Part 3 of 3 Operational Succession Planning – Part 2 of 3 Category: Audit 9 Ways to Get Your Construction Business Audit-Ready—Before You’re Asked Navigating Financial Audits: A Comprehensive Guide The New 1099Ks Are Coming: Are You Ready? Category: Blog Payne Nickles & Company Ranked Among 2026 IPA 500 Firms New Tax Incentives Construction Companies Should Watch in 2026 Trump Accounts: What Families Should Know Before Contributing Strengthening Your Chart of Accounts for Clearer Financial Insights 5 Tax Planning Opportunities High-Income Business Owners Should Evaluate in 2026 What Business Owners Need to Know About Charitable Giving Tax Changes in 2026 Internal Controls That Help Prevent Employee Bookkeeping Fraud Cost Segregation Strategy: Balancing Immediate Tax Savings with Long-Term Impact How Retainage Impacts Construction Financial Statements Understanding R&D Tax Credits and Section 174 in 2026 How to Evaluate the Financial Drivers of Your Business Performance Financial Metrics That Drive Construction Business Valuations Mitigating Financial Risk from Volatile Material Prices in 2026 Preparing Your Construction Business for Financial Audits and Reviews Construction Outlook 2026: Market Trends That Will Impact Contractors Meals and Entertainment Deductions: What Changed for Employer-Provided Meals in 2026 New IRS Digital Asset Reporting: What the First Year of Implementation Means for Businesses Is Your Fee Structure Costing You Customers? Why a Strong Budget Is the Blueprint for Construction Success How to Prepare Your Construction Business for Seasonal Slowdowns Understanding the New IRS Regulations on SECURE 2.0 Catch-Up Contributions for 2026 Building Your Emergency Fund: Why Every Construction Firm Needs One The One Big Beautiful Bill: Strategic Tax Planning for the Construction Industry Strengthening Business Resilience Through Diversified Revenue Streams 4 Tax Planning Opportunities You Might Be Overlooking – Direct Indexing Tax-Smart Retirement Planning for Business Owners Developing a Long-Term Financial Vision in Times of Uncertainty SALT Deduction Expansion: What It Means for 2025–2029 4 Tax Planning Opportunities You Might Be Overlooking – 1031 Exchanges Operating Budget vs. Capital Budget: What’s the Difference and Why It Matters The One Big Beautiful Bill Becomes Law: A Detailed Tax Breakdown for 2025 and Beyond Federal Tax Payments Are Going Electronic: What You Need to Know Before September 30 Payne Nickles & Company Announces Promotions – 2025 Business Succession Planning: Keeping Profits Intact Across Generations The Importance of Keeping Good Records in Construction Building Stability: How to Manage Bonding and Insurance Costs in Construction OSHA’s New PPE Requirement: How to Budget for Compliance Effectively The “One Big Beautiful Bill” Signed Into Law—Major Tax and Policy Changes Now Official 4 Tax Planning Opportunities You Might Be Overlooking – The SEP IRA Proactive Tax Planning for Expanding Businesses Debt vs. Equity Financing: Which One Fits Your Business Best? What the 2025 IRS Inflation Adjustments Mean for You Significant Changes Are Coming for Digital Asset Taxes: Here’s What You Need to Know The Importance of Proper Inventory Management for Financial Stability Cash Reserves and Business Stability: Building Financial Resilience Mastering Your Business Finances: A Deep Dive into the Profit & Loss Report The Role of Tax Planning in Sustainable Business Growth Building Resilience: Navigating Economic Uncertainty for Construction Businesses Navigating the Future: Transformative Trends in Construction 2024 Tax Adjustments for Business Owners Understanding the Tax Relief for American Families and Workers Act of 2024 How Finance Can Support and Manage Business Growth Building Success Amid New Lease Accounting Standards: A Comprehensive Guide for Construction Businesses The Ultimate Guide to Construction Job Costing: Unlock Project Efficiency and Profitability 3 Strategies for 2023 to Reduce Your Tax Burden 2022 Year-End Reporting Reminders Business Tax Implications of the Inflation Reduction Act (IRA) Client Spotlight: G.W. Samaha Antiques, An Era Sunsets with Retirement Fraud Prevention Best Practices for Nonprofits Remote workers could create additional taxes for your business 2022 mileage rates for business reimbursements Updates to W-2 filing requirements in Ohio Employer tax benefits of student loan repayment programs Do You Have a Nanny or Household Employee? Make Sure You’re Up-to-Date on Tax Requirements Outsource sales and use tax compliance to mitigate risk 2021-2022 Scholarship Recipients IRS releases website to manage child tax credit deposits Tax facts to know about vacation rentals Tax implications for cryptocurrency owners The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit for the tax year 2021 IRS Fact Sheet provides new details about tax credits available to eligible employers who provide paid vaccine leave PPP extension passes House and Senate American Rescue Plan Act signed into law IRS clarifies employee retention credit eligibility for PPP loans and 2020 claims New PPP calculation released for Form 1040, Schedule C filers Application dates for second round of PPP funding announced Treasury issues interim final rules on updated PPP guidance Work-from-home tax implications: What employers and employees need to know Understanding the 3 PPP forgiveness applications: Which one to use Don’t go it alone: The role of CPAs during times of economic crisis Tips and PPP loan documentation for nonprofits Ohio Attorney General’s office no longer accepting paper checks for charitable registration fees, late fees IRS issues guidance on payroll tax deferral from presidential executive order Latest update to PPP provides guidance on owner-employee compensation, non-payroll costs What you need to know about the executive orders signed by President Trump IRS Issues Additional Guidance on Relief from Required Minimum Distributions (RMDs) Ohio Sales Tax Holiday 2020-2021 Scholarship Recipients House, Senate approve 5-week PPP extension SBA issues update first PPP interim final rule following PPP Flexibility Act SBA issues interim final rule on PPP PPP forgiveness form released by SBA, includes changes SBA Grants Safe Harbor to Borrowers with PPP Loans Less than $2 Million IRS Grants Midyear Changes to Health, Dependent Care, Flex Spending Accounts Nonprofit Impacts and Opportunities Amid COVID-19 Determining the forgivable portion to your SBA Payroll Protection Program (PPP) Loan Tax Relief provided by the CARES Act Employee retention credit for employers. Tax Relief provided by the CARES Act Delayed payment of employer payroll taxes. Tax Relief provided by the CARES Act Net operating loss liberalizations. Tax Relief provided by the CARES Act Deferral of noncorporate taxpayer loss limits. Tax Tax Relief provided by the CARES Act Acceleration of corporate AMT liability credit. Tax Relief provided by the CARES Act Relaxation of business interest deduction limit. Tax Relief provided by the CARES Act Technical correction to restore faster write-offs for interior building improvements. Tax Relief provided by the CARES Act Accelerated payment of credits for required paid sick leave and family leave. Tax Relief provided by the CARES Act Pension funding delay. Tax Relief provided by the CARES Act: Recovery rebates for individuals Tax Relief provided by the CARES Act: Waiver of 10% early distribution penalty. Tax Relief provided by the CARES Act: Charitable deduction liberalizations. Tax Relief provided by the CARES Act Suspensions of certain taxes. Small businesses eligible for disaster assistance loans from SBA 10 Questions about the Tax Deadline Extension Important announcement to our clients regarding the COVID-19 crisis President Trump signs Families First Coronavirus Response Act Tax payment deadline postponed 90 days, filing remains April 15 Immediate Notice Regarding Drop Off and Pickup of Tax Return Information Supreme Court ruled on Trust State Taxation Issues Making Large Gifts Now Won’t Harm Estates After 2025 IRS Releases 2020 Qualified Retirement Plan Amounts Ohio Income Tax Changes for 2019 Recession-Proof Your Construction Business with Better Business Practices 2019-2020 Scholarship Recipients What is the SECURE Act and How Could it Impact Your Retirement Savings? Leverage What You Can Learn from Your Tax Return Get Tax Withholding Right; Do a Paycheck Checkup at Least Once Every Year Processing Error Causes Medicare Lapse for 250,000 Seniors IRS Issues Further Opportunity Zone Regulations Guidance What you Need to Know about Qualified Opportunity Zones 2019 Harvest for Hunger Campaign IRS Releases Final Regulations under Section 199, Creating Safe Harbor Rules for Rental Real Estate Ohio Important Tax Return Info for All Clients Taxpayer Guide to Identity Theft Ohio Minimum Wage Increases to $8.55 in 2019 IRS Releases 2019 Qualified Retirement Plan Amounts Ohio Residency Guidelines for 2018 and Forward Changes to Fringe Benefits, Entertainment Expenses Ohio Use Tax Update New IRS Withholding Calculator Available Sales and Use Tax Update 2018-2019 Scholarship Recipients Ohio BWC Plans Rebate New 529 Plan Opportunities Get Amnesty for Unpaid Ohio Taxes Now through February 15 2018 Entertainment Expense Recordkeeping Update 2017 Tax Reform Determining If Your Business is Subject to State Tax Determining if You Were Affected by the Equifax Data Breach Private Employers: BWC True-up by August 15 Ohio Bureau of Workers’ Compensation Rebates for 2017 Service Discontinuation for QuickBooks 2014 2017 Standard Mileage Rates Announced Preparing Your Business for New Filing Deadlines 2016-2017 Scholarship Recipients The New Overtime Law and How Employers Can Respond Ohio Workers’ Compensation Payroll True-Up is Coming in July Operational Succession Planning – Part 1 of 3 Permanent Extension of Nontaxable IRA Transfers to Charity Retirement plan and social security limits announced by IRS Now Available: EFT Payments for All Ohio Pass-Through 2015 Harvest for Hunger Campaign Ohio Tax Fraud Prevention Program City of Sandusky Tax Increase for 2015 Change in FUTA Tax Rate for 2015 Ohio’s minimum wage is increasing effective January 1st, 2015 Employer & School District Withholding Tax Change 2015 Category: Business Valuations Forecasting Techniques to Drive Business Growth: Simple Steps for Success Category: Construction Navigating Construction Contracts in the Era of Delays Maximizing Tax Benefits through Construction-Specific Tax Deductions How Technology Cuts Costs in Construction Project Management A CPA’s Guide to Navigating Financial Risk in Construction Projects Building Innovations: Unlocking the R&D Tax Credit for Construction Growth Preparing Your Construction Business for IIJA Funding 5 Essential Tips for Streamlining Your Change Order Process for Maximum Profit The Infrastructure Act & Inflation Reduction Act: A Guide for Construction Businesses Navigating Payroll Tax Compliance in Construction Braving the Business Storm: The Power of WIP Schedules in Construction Protecting Your Construction Firm from Ransomware (and How to Bounce Back) Construction Firms Should Consider ESG Programs to Help Them Stand Out Are You Up to Date on Travel Deductions as Business Travel Returns? Informed Project Forecasting Can Take the Sting Out of Inflation Category: Covid-19 Category: Employee Benefits Convertible Benefits Can Maximize Value and Balance Costs Category: Entity Selection Category: Estate Planning Unraveling Inherited IRAs and Navigating the RMD Maze Take Control of Your Legacy: Planning for Generational Wealth Transfer Category: Financial Planning Putting Finance at the Forefront: How to Champion FP&A in Project Planning Secure Act 2.0 Updates Retirement Plans Starting in 2023 Category: Financial Reporting Navigating the Corporate Transparency Act: What Business Owners Need to Know Common Control Entities and Lease Accounting Methods Category: Firm News Payne Nickles & Company Announces Promotions 10 Years Strong: Payne Nickles Marks Milestone with Annual Shred Day 2025-26 Todd Spore, CPA Memorial Scholarship Recipients Payne Nickles & Company Recognized as an IPA 500 Firm for Second Consecutive Year Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement Payne Nickles & Company Announces Promotions – 2024 Payne Nickles & Company Announces Promotion of Brennan Otto to Partner in Training 2024-25 Todd Spore, CPA Memorial Scholarship Recipients Employee Retention Credit (ERC) Claims: Important Update for Business Owners News Release: Payne Nickles & Company Recognized as an IPA 500 Firm in the 2023 INSIDE Public Accounting Practice Management Survey Payne Nickles & Company Hires First Chief Operating Officer to Drive Growth and Efficiency 1099 Reporting Requirements for 2022 Tax Year 2022-2023 Scholarship Recipients The 7th Annual Community Shred Day Norwalk Rotary Pizza & More Event 2022 Save the Date: Free Confidential Document Shredding 2022 Harvest for Hunger Drive Category: Individuals Category: Manufacturing Category: Nonprofit Category: Payroll Category: Professional Services Category: Real Estate Gift vs. Inheritance: Which Is the Smarter Tax Move for Your Home? Category: Retail and Hospitality Category: Succession Planning Preparing for a Merger or Acquisition? Check Out These 8 Tax Questions and Considerations Category: Tax Recent Changes to the Proposed FY2025 House Budget Navigating Sales Tax Compliance Across States: Simplifying a Complex Landscape Choosing the Right Business Structure: Tax Implications You Need to Know Navigating Tax Credits and Incentives for Business Expansion Utilizing Tax-Deferred Retirement Plans for Business Owners Strategies for Managing Capital Gains in Business Will your tax bracket change in 2023? Understanding the IRS Disaster Relief Programs for Taxpayers IRS Announces Retirement Plan Contribution Limits for 2023 Do you need to make estimated tax payments? Category: Tax Planning Tax Planning for Business Profitability Category: Technology Maps Locations Map