Selling your home? Did you own and live in the home for two of the last five years? If the answer is yes, there are some tax benefits if you make a profit on the sale. If you fit the criteria described, you’ll be able to exclude up to $500,000 of the gain from your […]
View Full ArticleTwyla Bradshaw, an individual tax preparer at Orcutt, celebrates 20 years with us this month. Twyla, who specializes in ministers’ tax return preparation, says she enjoys helping clients with the entire tax planning process, among other things she enjoys in her role. “I enjoy helping relieve clients’ anxiety they have regarding filing their tax returns. […]
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View Full ArticleEven with good intentions, this is the time of year in which some of us start to give up on our personal resolutions to become healthier… Whether or not you’ve been successful at losing weight or eating healthier so far this year, you can still work on the financial health of your business. Here are […]
View Full ArticleMeet Kristi Hahn, who focuses on individual and trust tax returns at Orcutt & Company. This year marks her 8th tax season with us. Keep reading to see what she enjoys the most about her role and who she looks up to for her outlook and resilience. What do you enjoy about your role? Matching […]
View Full ArticleDo you have a retirement plan for your employees? Here are the contribution limits for the 2019 tax year to be aware of: For defined contribution plans—such as 401(k), 403(b) and 457 plans—the contribution limits have increased to $19,000, up $500 from last year. The catch-up contribution limit remains at an additional $6,000 for participants […]
View Full ArticleHeather Christie is a Payroll Specialist who has been with Orcutt & Company for 6 years. Her role involves payroll processing and quarter-end payroll taxes for clients. Outside of work, she has many passions, including a love of photography as well as her “fur babies.” What do you enjoy about your role? The variety of […]
View Full ArticleThis can be a time when many business owners tidy up those loose (tax) ends! Here are three tips for you as you look ahead: Contribute to a Tax-Qualified Retirement Plan We can help make sure you are aware of business tax deductions for costs related to running the plan and employer contributions to […]
View Full ArticleDid you hear about the court case involving the Cincinnati Reds and whether or not the franchise needed to pay sales tax on bobbleheads they give away to fans at games? How the Case Came About The reason this case was in court was because the Ohio Department of Taxation told the Reds that they […]
View Full ArticleAs the holiday season approaches, consider celebrating the season while teaching loved ones a lesson on finances and money. These educational gift ideas can even help to establish good money habits for the future. Consider the following ideas: Buy a small Certificate of Deposit (CD) and watch with your child as interest grows over time; […]
View Full ArticleAll In the Family If you’re a family business owner, how do you maintain harmony within the family, while at the same time grooming family members to succeed you? You can start by getting clear on expectations for everyone involved in the family business. Let’s take a closer look. Help Your Small Business Thrive The […]
View Full ArticleGiving Thanks to You It’s the perfect time of year to tell you how grateful and humbled we are to serve as one of your trusted advisors. We value and appreciate being able to serve you and the community for the past three decades—and we hope for years to come. We hope your Thanksgiving is filled […]
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