Coronavirus Tax Update No. 2

In an effort to keep you informed on the COVID-19 Tax Relief, we have posted an update on our website. Click the below underlined link to be taken to the most recent update. COVID-19 Tax Update We appreciate the opportunity to be of service. Please do not hesitate to...

Coronavirus Tax Update

In an effort to keep you informed about the Coronavirus Tax Relief we have posted an update on our Resources page. Coronavirus Tax Update We appreciate the opportunity to be of service. Please do not hesitate to contact your preparer if you have any...

Jim Beindorf recipient of 2018 Standing Ovation Award

American Institute of CPAs names Jim Beindorf as recipient of the 2018 Standing Ovation Award for his achievements in forensic and valuation services. (https://www.accountingtoday.com/news/aicpa-names-2018-standing-ovation-recipients)

2018 Tax Impact on Individuals

The Tax Cuts and Jobs Act of 2017 will impact individuals in a number of ways that are effective as of January 1, 2018. For a summary of the changes you may need to consider, click here: TCJA 2017 – Individual Taxpayers

2018 Mid-Year Business Tax Planning

As summer draws to a close, it’s a good time to do a check up on your business tax plan.    For more information on ways that your business can be preparing for tax impacts, click here: Mid-Year Business Planning 2018

2018 Tax Law Update

The news has been full of reports about the sweeping tax changes recently passed through the U.S. House and Senate. These changes are proposed to start with the 2018 tax year. For a summary of some of the changes that may impact you, click the link below. 2018 Tax...

Frank J. Schlitt, Jr. Partner

          Offutt Barton Schlitt, LLC, has welcomed Frank J. Schlitt, Jr., CPA, CFF, as a partner. Frank joined the firm in 2013 and is part of the firm’s accounting services, forensic, tax and business consulting practice. Frank received his...

True Ups on Business Sale/Acquisition

True Ups on Business Sale/Acquisition Every business sale/acquisition has various “true ups” that occur, usually handled as working capital adjustments.   A recent article written by James A. Beindorf, CPA, CVA, CFF, discusses adjustments professionals need to be...

IRS Scam Phone Calls May Be Alarming

There has been an increase recently in scam voicemails or phone calls from persons  claiming to be from the IRS.  The calls are mentioning warrants for the arrest of the taxpayers, back taxes due and other frightening tax complications.  The IRS continues to warn the...