Rob O’Neil is a manager in the tax department.

Estimated tax payments are a  method of paying tax on income that is not subject to withholding tax. This includes income from self- employment, business earnings, interest, rent, dividends and other resources. The IRS generally requires estimated tax to be paid in four equal installment payments throughout the year.  In addition to penalties and interest that the IRS will assess on the underpayment of estimated taxes, paym Read More >>

Gwyn Broski is a supervisor in the tax department at Corrigan Krause.

Marriage is an exciting time for couples however, along with most life changes; your tax situation also changes. It is important to understand basic tax considerations and consequences for newlyweds. This article explains some of the changes that will affect your tax filings after “I do.”

When filing an income tax return, names and Social Security numbers on your form must match the records at Social Secu Read More >>

Sal Caroniti is the Chief Operating Officer at Corrigan Krause.

Regardless of the specific industry within the manufacturing sector, today’s companies face a variety of challenges ranging from employment issues, international competition and margin compression due to pressures placed on them from their customers.

With the national and State of Ohio unemployment rates being 3.9% and 4.6%, respectively, companies are faced with increased competition for top talent Read More >>

Ryan Slenicka is a supervisor in the tax department at Corrigan Krause.

The Tax Cuts and Jobs Act of 2017 brought forth many changes to tax laws, including the elimination of the alternative minimum tax (AMT) for c-corporations beginning in 2018. However, AMT has not been eliminated for individuals. This post will focus on pass through entities where business income flows through and is taxed at the individual level, such as S-Corporations.

Long-Term Contracts and AMT

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Sheri  Terens is a director in the assurance services department at Corrigan Krause. 

Employee benefits have become increasingly important with the shortage of talent and increased competition for top employees. The addition of benefits increases loyalty, productivity, and attendance among current employees and provides incentives for recruiting. According to a recent survey 79% of employees would rather have new or additional benefits rather than an increase in Read More >>