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Parms + Company offers a personal approach to accounting services and shows genuine interest in our business. The fact that we’ve been a client of Parms + Company for 30 years is proof of their quality service. With larger firms, you’re just another client. But not with Parms + Company. They give us exceptional service, and we are happy to continue this successful relationship with them. - Sommerville Funeral Services Akron, Ohio

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On the Plus Side

Parms + Company Blog

The Parms blog shares our insights about trending and time-tested topics that are important to our clients and the profession.

Ted Johnson Appointed to OSDC Board of Directors

Parms + Company is pleased to announce the appointment of Theodore Johnson, Partner, as a new member of the board of directors for the Ohio Statewide Development Corporation (OSDC) as . . .

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ACA: The Employer Mandate Is Here

After controversy, debate, and delays, the Employer Mandate has arrived. This provision of the Affordable Care Act (also known as the “Play or Pay” provision) requires all employers with 50 . . .

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Tax Time: 3 Things You Need To Give the Tax Preparer

Tax season is here and you’ve made your appointment to come in and get your taxes done. Great!  Now it’s time to start gathering all the documentation you will need . . .

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Minimum Wage To Increase January 1st

Beginning Friday, January 1, Ohio's minimum wage will increase to $8.10 an hour. The Federal Labor Standards Act (FLSA) contains minimum wage provisions which most employers in the U.S. are . . .

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Get Ready, Get Set, File!

IRS announced that the tax season will begin on January 20th. Following the passage of the extenders legislation, the Internal Revenue Service announced today it anticipates opening the 2015 filing . . .

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QuickBooks User? Here’s Some Handy Tips.

Using the QuickBooks keyboard shortcuts can help make your accounting transactions easier and faster. Save valuable time and energy with these helpful key combinations. When You Press QuickBooks Does This . . .

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Where does a Minister deduct business expenses?

Maybe it's Schedule A? Or is it Schedule C? Hmmm...... "Where should a minister deduct business expenses?" is a common question we hear. Under common law rules, each church should . . .

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IRS Announces 2015 Limits for Retirement Plan Contributions

The IRS recently announced the maximum contribution amounts for 2015 which individuals can contribute to retirement savings accounts. 401(k)s The annual contribution limit for employees who participate in 401(k), 403(b) . . .

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Ohio Employers: Are you getting a refund from BWC?

Another Billion Back! Ohio BWC plans on providing a one-time rebate to private employers. Since BWC’s investments continue to perform well, the BWC Board of Directors approved the plan for . . .

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Gahanna May Owe Taxpayers Millions

Do you live in Gahanna? You may become eligible for a refund of income taxes previously paid. If a recent judgment against the city stands, Gahanna may have to refund . . .

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Parms + Company offers a personal approach to accounting services and shows genuine interest in our business. The fact that we’ve been a client of Parms + Company for 30 years is proof of their quality service. With larger firms, you’re just another client. But not with Parms + Company. They give us exceptional service, and we are happy to continue this successful relationship with them. - Sommerville Funeral Services Akron, Ohio