TAX PREPARATION

Quality Personal and Business Tax Service for over 15 years.

Chesapeake Accounting Co., Inc. is a privately owned year-round income tax preparation business located in Harrison Ohio serving Cincinnati, Northern Kentucky and Southeast Indiana.

 

Large enough to meet your needs, small enough to treat everyone as an individual. We hope you'll give us the opportunity to work for you and learn more about us.

 

2012 Year End Tax Planning

Year-end tax planning is usually a challenge when Congress leaves things up in the air until the last minute. This year is a little different because it looks like they may not enact any new legislation at all. There are several tax issues due to expire at the end of this year but we at least have some certainty about 2012.

I have gathered a list of what I felt were the important points for 2012. Please read through downloadable newsletter (click here to download pdf) and feel free to call or email me with anything that you would like more information on.

Gather your receipts and set up an appointment to have your personal or corporate taxes prepared. I am available to you all year long.


Harrison Ohio

Servicing the Greater Cincinnati Area

2013 Tax Facts

Mileage Rates

Business - .565 /mile Medical or
Moving - .23 /mile
Charitable - .14/mile

Retirement Contributions

Maximum 401(k) $17,500 Maximum Simple IRA
$11,500 Maximum Keogh or SEP-IRA
- Lesser of 25% of W-2 or $51,000 Maximum Roth - Please Call

Catch-Up Contribution Limits - individuals at least 50 years old by year end

401(k) $5,500 SIMPLE Plans $2,500

 

2013 Employment Facts

State Minimum Wage Ohio - 7.85
Kentucky - 7.25
Indiana - 7.25

Social Security Max Taxable SS Earnings - $113,700
SS Tax Rate Employee - 6.2%
SS Tax Rate Employer - 6.2%

Self Employment

Self Employment Tax Rate - 15.3%

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Certified QuickBooks ProAdvisor

Certified QuickBooks Point of Sale ProAdvisor


Member of the National Association of Tax Professionals
 

We accept Major Credit Cards

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