Ohio’s sales tax holiday for August 2026 will run from 12:00 a.m. Friday, August 7, 2026, through 11:59 p.m. Sunday, August 9, 2026. For 2026, Ohio has returned to its standard three-day back-to-school holiday. During this period, qualifying purchases are exempt from Ohio sales tax only if they fall within the following categories and per-item […]
Author Archive: rudleradmin
From Hiring to Thriving: Your Complete Onboarding Roadmap
Recent U.S. Bureau of Labor Statistics data reveals a slowdown in hiring activity. Yet despite this trend, organizations continue welcoming new employees – and each hire represents a substantial commitment of resources and capital. As labor costs remain a top concern for businesses across industries, the ability to rapidly integrate new team members into productive […]
Lottery, Gambling & Winnings: The Tax Bill You Didn’t See Coming
Winning the lottery or hitting a big jackpot is thrilling, but the IRS sees it differently. Under federal tax law, lottery prizes, gambling winnings, and most awards are treated as ordinary taxable income. Understanding these rules now can help you plan ahead and avoid unexpected tax bills when you file your 2026 return. Lottery prizes […]
Small Business Tax Issues: Your Complete Resolution Guide
Tax issues can catch up with even the most organized small business owners. Whether it is a cash flow crunch, an unexpected tax notice, a missed filing deadline, or a payroll tax mistake, these problems can add up quickly — especially once penalties and interest kick in. The good news is that businesses can get […]
IRS Announces Mid-Year Increase to 2026 Standard Mileage Rates
We wanted to make you aware of a recent IRS announcement that may affect your business recordkeeping and reimbursement practices. The IRS issued Announcement 2026-11, raising the optional standard mileage rates effective July 1, 2026. The updated rates are as follows: Business mileage: 76 cents per mile (72.5 cents per mile 1/1–6/30/2026) Medical and moving […]
Your Business Plan Isn’t Real Until It Survives a Stress Test
A budget built only for normal conditions can create false confidence. One lost customer, supplier price increase, cyberattack or interest-rate spike can expose weaknesses that were invisible on paper. Stress testing forces those risks into the numbers before they become emergencies. Some background Stress testing gained widespread attention in the banking industry following the 2008 […]
Tax Planning Gets Harder Every Month You Wait
By the time most taxpayers think about year-end planning, many of the easiest moves are already gone. A midyear review gives you time to manage taxable income, time deductions and address investment gains or losses before deadlines and market conditions narrow your options. Your tax bracket The legislation commonly known as the One Big Beautiful […]
Cash or Accrual? The Wrong Choice Can Cost Your Business
Your accounting method determines when income becomes taxable and when expenses become deductible. Larger entities generally must use the accrual method, but qualifying small businesses may have a choice. Treating that choice as a bookkeeping preference can be expensive because it affects taxes, cash flow and administrative burden. Does your business qualify for the cash […]
Unlock investment opportunities with a pitch deck that wins
From launching a start-up, entering new markets, developing a new product or pursuing a business acquisition, attracting investors takes more than a strong idea. Investors want to see a compelling opportunity supported by solid financials and a realistic growth plan. One of the most effective ways to communicate all of this is with a digital […]
Don’t let taxes surprise you: Could your Social Security check come with a tax bill?
When introduced last year, the new tax deduction for taxpayers 65 and older was often described as “no tax on Social Security.” In actuality, this up-to-$6,000-per-individual deduction, also known as the “senior” deduction, is generally available whether or not someone receives Social Security benefits. But other limits do apply, such as an income-based phaseout. Of […]