Login

I bring my taxes to Parms + Company every year, and they are finished timely and professionally. They are true experts in what they do and are very proactive. I trust Parms. - Marco Sommerville Akron, Ohio

Home > Resources + Tools > BlogPage 3

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.

IRS Announces 2015 HSA Limits

The 2015 deduction limits on contributions to a high-deductible health savings account for an individual with self-only coverage is $3,350, the Internal Revenue Service said April 23 in Revenue Procedure . . .

see more

My Taxes Are Filed – So What Should I Keep?

To toss or not to toss… that is the question! Now that you’ve completed your taxes for 2013, you’re probably wondering what old tax records can be discarded. If you . . .

see more

Unclaimed Funds Audit – Can you pass?

All businesses that operate in the State of Ohio, or hold funds due to Ohio residents, are required to file an Annual Report of Unclaimed Funds. We are seeing and . . .

see more

6 Facts About Home Office Deductions

Home Office Deductions now feature simpler options. If you work from home, you should learn the rules for how to claim the home office deduction. Starting this year, there is . . .

see more

Love Offerings: Taxable or Not?

Churches sometimes collect “love offerings” from the congregation for a pastor, visiting minister, volunteer, or staff member in recognition of services rendered. So, if a church takes up a love . . .

see more

Taxpayer Advocate’s Office – Provides a Helping Hand

The Taxpayer Advocate is an organization whose purpose is to intercede on behalf of taxpayers when they run into difficulty with the administrative processes of the Internal Revenue Service, especially . . .

see more

Ohio Sales Tax Increases

Have you been at the cash register recently and thought, "Hmmm, this seems a little more expensive than usual?"  You're right. Ohio local sales and use tax rates changed in . . .

see more

IRS New Process for Reinstating Tax-Exempt Status

Earlier this month, the Internal Revenue Service issued Revenue Procedure 2014-11, which deals with procedures for reinstating tax-exempt status of organizations that have had their exemption status automatically revoked for . . .

see more

IRS announces 2014 mileage rates

IRS announced the standard mileage reimbursement rates for 2014 for business, charitable, medical, or moving expenses. Beginning on January 1, 2014, the standard mileage rates for the use of an . . .

see more

Ohio Employers Lose 2013 FUTA Credit Reduction

Small Business across Ohio should prepare themselves for higher than normal federal unemployment tax (FUTA) liability for 2013. What is FUTA? Federal Unemployment Tax (FUTA) pays unemployment compensation to workers . . .

see more
Page 3 of 512345

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