As the first day of summer approaches and schools are getting out for summer break, many students are looking for work. Some estimates place over a million Americans a year in an internship role. The University of Cincinnati believe so strongly in the value of on the job training that nearly every area of study incorporates an internship.… Read more >
I read two sequential articles today on these topics. The first addressed how many people are choosing to work in retirement while the second emphasized how few Americans feel they will have sufficient financial resources to retire.
Emily Brandon, the senior editor for Retirement at the U.S. News and author of “Pensionless – The ten-step solution for a stress-free retirement,” wrote laid out seven reasons to work in retirement. … Read more >
The Governor is tackling head on a problem that many business people believe hampers the Ohio business environment – municipal income tax administration. Ohio is one of only a handful of states that allow municipalities to assess income taxes upon those who work or live in their communities. Many of the jurisdictions in Ohio participate in RITA – Regional Income Tax Agency which facilitates the filing of municipal income taxes, but the balance of the municipalities have their own tax departments to which individuals and businesses must file and pay. … Read more >
I read an article yesterday in the CPA Insider by Sarah Ovaska-Few entitled “Drones set to invade accounting profession”. My first thought was “yeah right.” But the article talked about the use of drones in specialized fields such as mining and agriculture.
Drones are already being used in the agriculture industry as a faster more comprehensive way to view crops and land from the air.… Read more >
Today the IRS adjusted the standard mileage rate deduction for 2017 to 53.5 cents from 2016’s 54 cents. Lower fuel prices were the principal driver behind the adjustment.
The mileage rate for medical and moving also dropped to 17 cents from 19 cents in 2016, while the rate to deduct for mileage on behalf of a charitable organization is 14 cents in 2017.… Read more >