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January 17, 2022 Randy Myeroff

Randy Myeroff Named to The Cleveland 500 by Cleveland Magazine

Cohen & Co is proud to share that our CEO, Randy Myeroff, has been recognized by Cleveland Magazine as a member of The Cleveland 500 list. Cleveland Magazine’s 2022 edition of The Cleveland 500 is a compendium that profiles leaders from all facets of the business, entertainment, education and...

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January 14, 2022 Jonathan Williamson

Deadline Approaching for Round I of Ohio Brownfield Grant Applications

Ohio has allocated $500 million in funding for brownfield assessment, remediation and demolition in its 2022-2023 budget. To be considered a “brownfield,” a property must be linked to either known or potential releases of hazardous substances, including asbestos abatement. Run by the Ohio...

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January 11, 2022 Caroline Jiang

Outsourcing Your Financial and Accounting Function: Why It Might Be Time

Goodbye 2021. A year of great anticipation, January 2021 was filled with goodbyes to 2020 and turning our focus to a year of recovery. And recover we did! Segments of the economy re-opened, the S&P 500 registered 68 record highs and by March job openings increased 80% over the prior year, according...

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January 05, 2022 Laura White

Important Letters from the IRS for Child Tax Credit and Economic Impact Payment Recipients

If you received extra money from the IRS in 2021 in the form of the advance child tax credit payment or the third round of Economic Impact Payments (stimulus payments), you will soon receive a letter from the IRS, if you haven’t already. The letters began mailing out in late December 2021 and will...

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December 27, 2021 Hannah Prengler

Gov. Whitmer Announces New Michigan Pass-through Entity Tax

Happy New Year! Gov. Whitmer has given Michigan residents a present in the form of an election to have pass-through entities pay, and deduct, state taxes paid on behalf of its pass-through owners, retroactively effective January 1, 2021. This election removes these taxes from the individual...

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December 15, 2021 Tarik Awad

3 Options for Businesses with Low Inventory and LIFO

Manufacturers, auto dealers, distributors and retailers have experienced severe supply chain disruptions, chip shortages and idle factories resulting from the pandemic — leading some to significantly reduced inventory levels. A significant reduction in inventory may be even more concerning for...

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December 09, 2021 Robert Venables

Treasury Addresses Advance Payments and Reduced Employment Tax Deposits for Q4 ERC

The Infrastructure Investment and Jobs Act ended the employee retention credit (ERC) for periods after September 30, 2021, except for recovery startup businesses. As the ERC had previously been extended through 2021, employers may have already requested advanced payments or reduced payroll deposits...

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December 09, 2021

Cohen & Co Recognized on Forbes’ 2022 List of Best Tax and Accounting Firms

Cohen & Co has been highlighted among the nation’s elite as part of Forbes’ 2022 list of America's Best Tax and Accounting Firms. The firm was also recognized as a top tax and accounting firm in 2021, and as a top accounting firm in 2020.  To create the list, Forbes partnered with market research...

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December 08, 2021 Gino Scipione

White Paper: Lease Accounting Guide for Private Companies

Does your organization have leases to account for under ASC 842, otherwise known as the new lease standard? Will the standard impact your debt covenants? What’s the best way to transition from ASC 840? Do you know what information to extract from your lease agreements to be compliant? These are...

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December 06, 2021

Cohen & Co to Add 60 New Jobs in Northeast Ohio

Cohen & Co has announced plans to expand their footprint in Northeast Ohio, adding more than 60 new jobs and retaining 320 positions. The firm will expand throughout its three Ohio locations, including its Cleveland headquarters and Akron and Youngstown offices. The Ohio Department of Development...

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"Cohen & Co" is the brand name under which Cohen & Company, Ltd. and Cohen & Co Advisory, LLC, and its subsidiary entities, provide professional services.

Cohen & Company, Ltd. and Cohen & Co Advisory, LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards.

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