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Our carefully crafted blogs offer valuable insights and guidance on taxes, accounting, finance, and beyond. Stay informed with expert advice designed to help you navigate the financial world with confidence. 

The Ohio Department of Taxation is alerting all businesses subject to the Commercial Activity Tax (CAT) to actions that may need to be taken before May 10, 2016 to avoid a delay in filing their 2015 CAT 12 annual return.
 
Because of enhancements to the user account profile section of the Ohio Business Gateway (Gateway), if you have not accessed your account since November 19, 2015, we urge you to log on to the Gateway as soon as possible to verify your current email address and to submit answers to three security questions before filing an annual CAT return.  That return is due May 10, 2016 and must be filed electronically through the Gateway.  For more information on how to update your account profile, please refer to the User Account Update Guide,  
Any questions, please don't hesitate to give us a call.

Get to know New Dawn Design, located here in the Mahoning Valley at 1282 Trumbull Avenue in Girard.  New Dawn produces screen printing items for companies all over the country, including many of the minor league baseball teams.  Right next door is their sister company, Launch Local Inc., that helps companies sell unused merchandise.  Check out this video.  Well done!

The Internal Revenue Service today wrapped up its annual "Dirty Dozen" list of tax scams. Taxpayers need to guard against any ploys to steal their personal information, scam them out of money or talk them into engaging in questionable behavior with their taxes.
During the past year, as part of the Security Summit initiative, the IRS partnered with states and the tax industry to enhance coordination and create a more secure system for taxpayers. Participants now regularly share details of fraudulent schemes detected so both industry and government can provide increased protection. Many enhancements are invisible to taxpayers.
Taxpayers are encouraged to review the list in a special section on IRS.gov and be on the lookout for these scams. Many of these con games peak during filing season as people prepare their tax returns or hire someone to do so. The IRS this week also renewed a consumer alert for e-mail schemes after seeing an approximate 400 percent surge in phishing and malware incidents so far this tax season. (IR-2016-28)
Here is a recap of this year's "Dirty Dozen" scams: