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August 2025 Newsletter

August 21, 2025

Newsletter

Upcoming dates:

August 10- Ohio Commercial Activity Tax Quarterly Return 

August 15- Ohio Bureau Of Workers’ Compensation True Up Reports

August 23- Ohio Monthly Sales, Sales & Use Tax Return and Payment 

September 1- Labor Day - *Note the offices will be closed in observance of the holiday

September 15 - Filing deadline for 2023 calendar-year S corporation and partnership tax returns on extension

 - Due date for 3rd quarter installment of 2024 estimated income tax for individuals, calendar-year corporations, and calendar-year trusts & estates

  

The One Big Beautiful Bill Act (OBBBA) passage does a lot to make expiring tax laws more permanent for 2026 and beyond. But it also makes substantial changes to the 2025 tax landscape.

This month's newsletter covers some of the major changes impacting on your taxes for this year and action steps to take to ensure you're taking full advantage of the changes.

One article covers the new tax-free tip and tax-free overtime features in the bill, while a second article covers tax changes impacting families and their children.

Another article focuses on the main changes impacting businesses, both small and large.

As always, should you have any questions please call. And feel free to forward this information to someone who could use it!