Taxes are one thing that all people dread. Unfortunately, they are a fact of life. Knowing how to correctly manage your tax situation can be critical in the growth, and even survival, of your business. We provide the necessary resources so you can get a grasp on your tax situation and know where to go for help.

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20 Oct 2014

Ohio’s taxpayers spend roughly $700,000 annually for state investigators to track down and, in some cases, close businesses that fail to hand over sales tax collected from customers.

The state has suspended roughly 700 Ohio businesses since 2013 because owners failed to pay sales tax.

The program, state officials say, is meant to put struggling businesses on track to pay their bills and make sure customers aren’t swindled out of money. But, it can also cause publicity nightmares for businesses.