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Parms + Company has been ECDI’s auditing firm for 3 years and we have been pleased with our working relationship with the firm. As 501(c)(3) that receives in excess of $500,000 of Federal funding per year, this audit is critical to ECDI as it becomes our “scorecard to the world.” - Steve Fireman President Economic and Community Development Institute

On the Plus Side

Parms + Company Blog

The Parms blog shares our insights about trending and time-tested topics that are important to our clients and the profession.

Ohio’s Minimum Wage Unchanged for 2016

Ohio's minimum wage will remain the same for 2016 at $8.10 per hour for non-tipped employees and $4.05 per hour for tipped employees. The minimum wage applies to businesses with . . .

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Workers’ Comp Update for Nonprofits

BWC ends mandatory coverage for Volunteer Officers of Nonprofits. New legislation recently went into effect that will have a positive on Ohio’s nonprofit organizations. Effective September 29, 2015, the Ohio . . .

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Do You Need to Pay Estimated Taxes?

Many of us may work, receive an income, and pay our taxes as we go through tax withholdings.  Pretty straight forward. However, there are other types of income sources that . . .

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Ted Johnson Appointed to OSDC Board of Directors

Parms + Company is pleased to announce the appointment of Theodore Johnson, Partner, as a new member of the board of directors for the Ohio Statewide Development Corporation (OSDC) as . . .

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ACA: The Employer Mandate Is Here

After controversy, debate, and delays, the Employer Mandate has arrived. This provision of the Affordable Care Act (also known as the “Play or Pay” provision) requires all employers with 50 . . .

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Tax Time: 3 Things You Need To Give the Tax Preparer

Tax season is here and you’ve made your appointment to come in and get your taxes done. Great!  Now it’s time to start gathering all the documentation you will need . . .

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Minimum Wage To Increase January 1st

Beginning Friday, January 1, Ohio's minimum wage will increase to $8.10 an hour. The Federal Labor Standards Act (FLSA) contains minimum wage provisions which most employers in the U.S. are . . .

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Get Ready, Get Set, File!

IRS announced that the tax season will begin on January 20th. Following the passage of the extenders legislation, the Internal Revenue Service announced today it anticipates opening the 2015 filing . . .

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QuickBooks User? Here’s Some Handy Tips.

Using the QuickBooks keyboard shortcuts can help make your accounting transactions easier and faster. Save valuable time and energy with these helpful key combinations. When You Press QuickBooks Does This . . .

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Where does a Minister deduct business expenses?

Maybe it's Schedule A? Or is it Schedule C? Hmmm...... "Where should a minister deduct business expenses?" is a common question we hear. Under common law rules, each church should . . .

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I have trusted Parms + Company with all our tax and accounting needs for over a decade. I have always been very pleased with their professionalism, knowledgeably, flexibility and high degree of personal attention. Though I’m sure their roster is deep, they always make me feel like I am their only client. I consider John Parms a mentor, trusted advisor and a friend. He and the rest of his team keep us in good hands and on a good track. I look forward to having Parms + Company as a strong partner to Fine Citizens for may years to come. - Phil Wilson Founder, President & CEO Fine Citizens