Ohio’s new centralized collection system for municipal net profits taxes continues to advance even as the state’s Supreme Court prepares to schedule arguments in a legal challenge.

The Ohio Department of Taxation on Aug. 30 noted that the state’s recently passed budget bill enacted a bevy of pass-through entity tax changes for the upcoming filing season.

E-commerce, autonomous vehicles and the graying of America's population stand to undermine state revenues absent policies to adapt to the disruption they'll cause to existing taxation schemes, a University of Tennessee-Knoxville economist told an audience Thursday at the National Conference of State Legislatures annual summit in Nashville.

The annual meeting of the American Society of Association Executives held earlier this week in central Ohio is anticipated to have a significant financial impact on the region and the state for years to come.

Barbara Benton, CAE, The Ohio Society of CPAs’ vice president of government relations, on Aug. 11 was honored as the recipient of The American Society of Association Executives’ Professional Performance Award.

The legislature’s work on the budget bill is finished, but the debate over their changes to the business income deduction (BID) is just beginning.

The Ohio Supreme Court on Aug. 6 granted jurisdiction to hear cities’ appeals to two cases challenging reforms to Ohio’s municipal income tax system.

While the phrase, “What might have been,” often indicates disappointment, thanks to the efforts of OSCPA on the new state budget, Ohio accountants can say it with relief.

After months of discussion, the Ohio Legislature at last made a decision on the Business Income Deduction (BID), and OSCPA members were eager to read the results in July.

The Ohio Department of Taxation this week issued a reminder to all commercial activity tax (CAT) practitioners and taxpayers that the second quarter 2019 CAT return is due Aug. 12.