With rising interest rates and construction costs soaring, the real estate and construction industry has felt significant pressure recently. Ohio Governor Mike DeWine intends to relieve some of that pressure with Senate Bill 225 (S.B. 225), which he signed into law on June 14, 2022. The bill...
Read MoreAs one of his first acts of business after becoming CEO on June 1, Chris Bellamy reaffirmed Cohen & Co’s commitment to create an inclusive and empowered workplace by signing the CEO Pledge as part of the CEO Action for Diversity & Inclusion™ initiative. The program is the largest CEO-driven business...
Read MoreTo help you stay up to date with evolving investment industry regulations, their timing and overall impact, read our recap of the latest developments at the SEC, PCAOB and FASB.
Read MoreOn June 14, 2022, Ohio Governor Mike DeWine signed Senate Bill 246 (S.B. 246) into law, giving businesses in the state potential relief from the federal tax burden created by the Tax Cuts and Jobs Act’s (TCJA) $10,000 cap on state and local tax deductions. Under this new legislation: Ohio...
Read MoreWith gas prices on the rise, one welcome increase for some is the one set to impact the optional standard mileage rate for the final six months of the year. From July 1 through December 31, 2022, the IRS increased the reimbursement rate for business use mileage to 62.5 cents per mile (from 58.5...
Read MoreIn today's business world, it is hard to read an article about sales and marketing strategy without seeing something about the Big Data revolution or analytics. We read about how 2.5 quintillion bytes (that’s 18 zeros) are produced daily, Google conducts 2.4 million searches every minute and 330...
Read MoreCohen & Co is pleased to announce its move to 1001 Woodward Ave. in the heart of downtown Detroit. The new office space overlooks Campus Martius Park and is located at the corner of Woodward Avenue and Michigan Avenue, one of America’s most iconic roadways.
Read MoreOn May 6, the New York Senate enacted Bill S8948, giving eligible S corporations and partnerships more time to evaluate and elect the state’s pass-through entity tax for 2022. The new amendment allows entities that missed the March 15, 2022, deadline until September 15, 2022, to make their 2022...
Read MoreCohen & Co congratulates Kim Palmer and Hannah Prengler on their recent, prestigious American Institute of CPAs (AICPA) appointments.
Read More“Golden parachute payments” are an often-scrutinized mechanism that provides a monetary bonus to executives and key employees should the company be acquired. Think of it as a protection policy of sorts for highly compensated employees who may have an uncertain future if the company is sold during...
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