Real estate investors have many tax benefits available to them. One is cost segregation, which can amass tax deductions early in a project. By breaking the costs of a development or construction project into separate assets, investors…
Preparing tax returns isn’t most people’s idea of a good time—but it is something that must be done before the deadline each year. For those looking to get a head start on their returns, however, there are…
With the end of the tax year rapidly approaching, now is a good time for business owners to start thinking about their tax returns and planning accordingly. Proactive tax planning is especially important this year, as some…
The Internal Revenue Service (IRS) recently announced changes to some tax credits that will be enacted for the 2025 tax year. This means that these changes will not apply to the current (2024) tax year or returns…
At the beginning of 2024, the Tax Relief for American Workers and Families Act (TRAWFA) had a great deal of momentum, having easily passed a vote in the House of Representatives and working its way into the…
The cost of higher education continues to increase, with the average cost of college now hovering around $38,000 per student per year, according to the Education Data Initiative. The good news is that there are practical ways…
As many southern states face extensive damage in the wake of Hurricane Helene, the Department of Revenue (DOR) and Internal Revenue Service (IRS) have announced the extension of certain tax return and payment deadlines for those affected…
Gift and estate tax planning is an important part of managing one’s finances, especially for those with considerable assets. Of course, with gifting and transferring assets comes some tax liability—a lot of which is ultimately determined by…
Although it may seem like tax season only just ended, the end of summer is an ideal time for taxpayers to review their own income and withholding for the upcoming tax year. All too often, taxpayers are…
With tax filing deadlines looming around the corner, many small business owners are scrambling to finish their taxes in a timely manner to avoid unwanted penalties and interest. At the same time, business owners should be careful…
There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends received by a corporation. As a result,…
The next quarterly estimated tax payment deadline is June 15 for individuals and businesses, so it’s a good time to review the rules for computing corporate federal estimated payments. You want your business to pay the minimum…
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I appreciate the exceptional tax advice we received over the years. The (BW team) has a good grasp of our business needs. Thank you for your excellent service.
John Griffiths - Owner, Rae Ann, Inc.
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Barnes Wendling has been our company accountants for over seven years. Their knowledge has been instrumental in helping us grow strategically during this time. And although we’ve seen many changes in our economy that we cannot control, we’ve always been able to trust the Barnes team to be by our side. The Barnes team feels like family. We can’t thank them enough for their support!
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Barnes Wendling has been our company accountants for over 15 years. During this time, the business has grown exceptionally, and Barnes has kept pace, providing accurate, quality advice. Our finances are more efficient than ever, and the expense of hiring Barnes has been a definite positive add to our bottom line. I give my highest recommendation to their firm.
David Miller, MD - President, Retina Associates of Cleveland
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Barnes Wendling has provided us guidance and recommendations that have strategically helped strengthen our business and position ourselves for growth. We needed to hire a new VP of Finance and Controller this past year, and they were instrumental in helping us find the best candidates for our company.
Sara Blankenship - President, Kaufman Container
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We value the trust, accuracy of information, and reliability of Barnes Wendling and Mike Essenmacher personally. Mike has been instrumental as a trusted advisor on accounting, tax, and personnel issues. His advice is always accurate, and he is very reliable. His associates are also very talented.
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We value Barnes Wendling’s expertise with all things accounting so we can operate our business using our strengths and allowing them to be our experts. They have also brought me a few business sale opportunities to allow me to grow my assets.
John Gaydosh - President and Metallurgical Engineer, Ohio Metallurgical Service
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Barnes Wendling (especially Lena) did a great job with our financials. Everything. It is extremely refreshing and comforting to know that all of our numbers are not only correct, but they are in the right place(s). Your diligence and reporting truly does make me (personally) feel better.
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I can wholeheartedly tell you that I have yet to work with an audit or tax team that have been more helpful, easy to work with, and committed than the team at Barnes Wendling- I have been through three different firms in the last few years.
Michelle Saylor, Former Controller, Aero Mag
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Floyd Trouten at Barnes Wendling CPAs is an “expert’s expert” when it comes to M & A accounting. Not only does he understand the evolving details of the Tax Code but he also sees the fine points of their application for owners, managers, investors, and financiers.
Mark A. Filippell, Western Reserve Partners
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The service is amazing at Barnes Wendling CPAs. The benefit is worth more than the cost. Sometimes it’s true that you get what you pay for.
Mark Boucher - Former Owner, Castle Heating & Air
