Posted in: Tax & Wealth Management Services

The Freeze Partnership Technique: Achieving the Best of Both Worlds by Transferring the Appreciation of the Business Assets and Securing the Step-Up in Basis

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December 14, 2020  Overview The freeze partnership technique (the “technique”) to shift wealth to the next generation while saving estate, gift, generation skipping, and income taxes has been in use for decades, although you wouldn’t…

Paycheck Protection Program: IRS Confirms Expenses Are Not Deductible

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November 19, 2020 Our firm continues to stay on top of the Paycheck Protection Program (PPP) and its impact on our business clients, and individual owners of flow-through entities. With some very timely guidance, the U.S. Treasury Department…

Status Update: Ohio’s Proposed Tax Amnesty Program Offers Settlement Opportunities for Individuals and Businesses with Tax Liabilities

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November 2, 2020 In a previous client alert here, released on June 12, 2020, Vince Nardone and Mike Sorice discussed a proposed tax amnesty plan passed by the Ohio House of Representatives set to begin on January 1, 2021. Although the program…
Tax Amnesty Graphic 3

Ohio’s Proposed Tax Amnesty Program Offers Settlement Opportunities for Individuals and Businesses with Tax Liabilities

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  June 12, 2020 The Ohio House of Representatives has unanimously approved a new tax amnesty proposal (HB 609), would raise revenues for the state and provide relief for taxpayers while Ohio’s economy recovers from the COVID-19…

Medical Providers Receive Pandemic-Related Federal Stimulus Payments

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April 17, 2020 As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the U.S. Department of Health and Human Services (HHS) began distributing $30 billion on Friday, April 10, 2020 to U.S. medical providers who received…

Walter | Haverfield Offers Online Notary Services

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Updated May 312, 2020  If you are a Walter | Haverfield client who needs documents notarized, we are here to help. We are certified through the Ohio Secretary of State to notarize documents online for individuals in and outside the State…
Tax deadline

Federal and Ohio Tax Filing Deadline Moved to July 15

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Updated March 30, 2020 In response to Covid-19 (coronavirus), the Secretary of Treasury released guidance on March 20, 2020 providing for an extension to file tax returns for 90 days aligning the due date with the previously extended due…
Tax and Financial PLanning for the Closely Held Family Business

Walter | Haverfield Tax Partner Updates Tax Book for Family Businesses

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First published in 1999, an updated and re-published version of “Tax and Financial Planning for the Closely Held Family Business” is now available for preorder. Gary Zwick, a partner and CPA with Walter | Haverfield’s Tax and Wealth…