At RKKM, we know that an informed client is our best customer. The internet is a great education resource with endless amounts of information just a click or two away.
Sometimes it's nice to have help sorting through the virtual noise and clutter, so we added this section to our website in order to highlight recent and relevant law changes. Check back often for all the latest information on ways to manage your business and personal financial needs more effectively.
To view the complete text, click on a title below.
CCH Tax Briefing - The CARES Act of 2020
Highlights of the provisions of The Coronavirous Aid, Relief and Economic Security (CARES) Act of 2020 signed into law by President Trump on March 27, 2020.
CCH Tax Briefing - The Consolidated Appropriations Act of 2020
A highlight of the provisions of The Consolidated Appropriations Act of 2020 signed into law by President Trump on December 20, 2019.
2019-2020 Quick Reference Chart
A tabular chart showing key tax figures for 2019 and 2020. This chart is also included in the 2018 Year End Client Letter.
2019 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients.
2018-2019 Quick Reference Chart
A tabular chart showing key tax figures for 2018 and 2019. This chart is also included in the 2018 Year End Client Letter.
2018 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. Planning during the final weeks of this year involves much more, both in terms of traditional year-end strategies and strategies developed in response to developments that have taken place since last year.
CCH Tax Briefing - Tax Cuts and Jobs Act of 2017
A highlight of the provisions of The Tax Cuts and Jobs Act for tax year 2018 signed into law by President Trump on December 22, 2017.
2017-2018 Quick Reference Chart
A tabular chart showing key tax figures for 2017 and 2018. This chart has been updated from the chart included in the 2017 Year End Client Letter.
2017 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter presents a unique set of challenges for many taxpayers because of current efforts by Congress and the Trump Administration to enact tax reform legislation.
CCH Tax Briefing - 2017 Year-End Tax Planning
An in-depth look at year-end strategies for tax year 2017 as provided by Wolters Kluwer.
2016 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter comes with more certainty to 2016 tax law thanks to the PATH Act.
2016-2017 Quick Reference Chart
A tabular chart showing key tax figures for 2016 and 2017. This chart is also included in the 2016 Year End Client Letter.
CCH Tax Briefing - 2016 Year-End Tax Planning
An in-depth look at year-end strategies for tax year 2016 as provided by Wolters Kluwer.
CCH Tax Briefing - Protecting Americans from Tax Hikes (PATH) Act of 2015
A highlight of the renewed and permanently extended tax provisions for tax year 2015 and forward signed into law by President Obama on December 18, 2015.
2015-2016 Quick Reference Chart
A tabular chart showing key tax figures for 2015 and 2016. This chart is also included in the 2015 Year End Client Letter but will be updated here as updated figures are released.
2015 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter comes with challenges due to late or non-existent tax legislation.
BWC Transition Letter
Informative letter describing the Ohio Bureau of Workers' Compensation's change to a prospective billing system.
2014 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter detailed exciting firm changes and additional information on new taxes and laws effective for 2014.
Capitalization Policy Packet
We have prepared a client letter, sample capitalization policy and fact sheet covering the new capitalization regulations issued by the IRS.
2013 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter provides a little more certainty about what to expect for 2013 and 2014 as the various provisions of the American Taxpayer Relief Act of 2012 (ATRA) and the Patient Protection and Affordable Care Act of 2010 (ACA) become effective.
CCH Tax Briefing - Final Net Investment Income, Additional Medicare Tax Regulations
An in-depth look at recently released final regulations aimed to clarify the 3.8 percent Net Investment Income (NII) tax and the 0.9 percent Additional Medicare Tax.
CCH Tax Briefing - IRS Releases Comprehensive Repair/Capitalization Final Regulations
An in-depth look at the much-anticipated final "repair" regulations governing when taxpayers must capitalize and when they can deduct their expenses for acquiring, maintaining, repairing and replacing tangible property.
CCH Tax Briefing - IRS Guidance on Same-Sex Marriage
An in-depth look at the federal tax affects of the U.S. Supreme Court ruling that struck down Section 3 of the Defense of Marriage Act (DOMA).
CCH Tax Briefing - Fiscal Year (FY) 2014 Budget Proposals
An in-depth look at the 3.77 trillion fiscal year (FY) 2014 federal budget released on April 10, 2013 by President Obama with a mix of individual and business tax proposals intended to raise revenue, reduce spending and encourage negotiations between the White House and the GOP on comprehensive tax reform.
CCH Tax Briefing - American Taxpayer Relief Act of 2012
An in-depth look at the American Taxpayer Relief Act of 2012 signed by the President on January 2, 2013 to avert the fiscal cliff. This is an updated version of the previously posted ATPR tax briefing.
CCH Tax Briefing - Analysis of Post-2012 Net Investment Income and Additional Medicare Taxes
An in-depth look at the new 3.8% Net Investment Income (NII) tax and the 0.9% Additional Medicare Tax effective January 1, 2013.
2012 Year End Client Letter
Our annual letter to explain changes in tax law that may affect our clients. This year's letter covers the various health care provisions, expiration of the "Bush-era" tax cuts, tax extenders being up for renewal and various amounts and limits for 2013 tax planning.
CCH Tax Briefing - Supreme Court Upholds Health Care Law
An in-depth look at the various provisions of the health care law as presented by CCH.