CERTIFIED PUBLIC ACCOUNTANTS                                                                      solutions for a taxing world     At Neece, Malec, Seifert, & Vitaz Inc., we know that an informed client is the best client. And the Internet is a great education resource, so we've selected a few helpful articles and appropriate updates for you to view.  Just click on the article titles below to view the complete text. Recent Updates:   2009 Year-End Tax Bulletin - Download or View Neece & Malec provides a few basic reminders as well as an annual tax summary for your reference. 2009 Federal Housing Tax Credit Tax Credits Provide Outstanding Opportunities for Home Buyers: The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers. Ohio Sales & Use Tax 2009 Mandatory Filing Requirements The Ohio Department of Taxation has issued a notice advising sales tax vendors of mandatory new electronic filing and payment requirements enacted as part of House Bill 562. House Bill 562 was enacted this past June, requires all vendors, regardless of sales volume, to file sales and use tax electronically rather than on paper, starting January 1st 2009. Annual Title Agency - Ohio SB 185 Audit Title Agencies in are now required to have a Certified Public Accounting firm complete an annual review. This includes all independent agencies and corporate branches escrowing transactions with the State of Ohio. All agencies must have a review done between September and December 2009 for the period of September 1, 2008 - August 31, 2009!   Articles in the News:

Help for Business Owners Established as "the Official Link to the U.S. Government," Business.GOV at www.business.gov is a unique website for business owners.   American Opportunity Credit For tax years beginning in 2009 and 2010, the Stimulus Act includes taxpayer-friendly modifications to the Hope Scholarship higher education tax credit (Hope Credit).   Substantiating Charitable Contributions As we approach year-end, many of us may need to catch up on our charitable contributions for a number of reasons in addition to a tax break. So, let's briefly review the IRS rules on deducting charitable contributions.