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Mar 8, 2024, 00:00 AM
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Jessica Salerno
The Ohio Department of Taxation issued a new information release for the municipal net profit tax to advise taxpayers and municipalities of recent legislative changes made by Am. Sub. H.B. 33 related to the municipal net profit tax as administered by the ODT.
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Mar 8, 2024, 00:00 AM
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Jessica Salerno
Opening the Governor's Executive Workforce Board meeting Tuesday, Lt. Gov. Jon Husted announced a new state resource aimed at helping connect those seeking a new career with the resources needed to achieve their career goals.
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Mar 1, 2024, 00:00 AM
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Jessica Salerno
The Ohio Society of CPAs was pleased to recognize State Senator George Lang, R-West Chester, with the OSCPA Outstanding Legislator Award on March 1. The award presentation was hosted in Cincinnati by organizational member Seibel & Katz CPAs.
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Mar 1, 2024, 00:00 AM
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Jessica Salerno
A veteran of Ohio tax administration told the General Assembly’s property tax study panel Wednesday that the flagship policy for preventing spikes in tax bills no longer works well.
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Mar 1, 2024, 00:00 AM
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Jessica Salerno
The National Pipeline Advisory Group is asking professionals to make their voices heard with a 10-minute survey on accounting's talent issues and possible long-term strategies.
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Mar 1, 2024, 00:00 AM
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Jessica Salerno
Gov. Mike DeWine's administration announced Monday the approval of assistance for eight projects expected to create 1,171 new jobs and retain 3,635 jobs statewide.
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Feb 23, 2024, 00:00 AM
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Jessica Salerno
Volunteering as a poll worker in the upcoming 2024 elections could earn CPAs additional credit hours this year.
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Feb 23, 2024, 00:00 AM
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Jessica Salerno
The Financial Crimes Enforcement Network will not use "gotcha enforcement actions" against small businesses when it finds errors in reports of beneficial ownership information, the network's director told a congressional committee on Wednesday.
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Feb 23, 2024, 00:00 AM
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Jessica Salerno
The Ohio Department of Development announced Friday it is now accepting site proposals as part of the All Ohio Future Fund, which seeks to help attract economic development projects by increasing the number of project-ready sites.
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Feb 18, 2024, 00:00 AM
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Jessica Salerno
The Ohio Department of Development announced Wednesday that 23 movie and television productions will receive more than $44 million in tax credits through the Motion Picture Tax Credit Program.
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Feb 16, 2024, 00:00 AM
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Jessica Salerno
An ODT updated information release has been issued to clarify whether a consolidated elected taxpayer or combined taxpayer group must register and pay the commercial activity tax when total taxable gross receipts fall below certain thresholds.
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Feb 14, 2024, 15:46 PM
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Suzanne McCann-Perry
The Ohio Supreme Court today issued a 5-2 decision in the Schaad v. Alder case, Slip Opinion No. 2024-Ohio-525, effectively denying impacted Ohio taxpayers from seeking a refund of municipal income tax paid to a municipality where they neither work nor live.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
The oral arguments in the Schaad v. Alder case were held nearly one year ago on March 1, 2023. While we still await the Ohio Supreme Court’s decision determining whether taxpayers can obtain 2020 municipal income tax refunds, members can attend an upcoming municipal income tax symposium.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
Tax revenues are down about half a percent for the fiscal year so far after another underperformance in January, but the overall revenue picture and sizable underspending leave Ohio’s budget on solid footing.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
The fourth quarter 2023 commercial activity tax (CAT) return is due Feb. 12 for all CAT practitioners and taxpayers.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
Feb. 20 is the voting registration deadline, with the primary election happening less than a month later on March 19.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
The first ABO meeting of 2024 included discussions about future CPA pipeline and workforce development efforts, and how to best protect the public from current CPAs who fail to meet licensing requirements.
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Feb 9, 2024, 00:00 AM
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Jessica Salerno
A report released recently by personal finance site WalletHub found Ohio has the 18th-highest amount of median student loan payments, at $192 per month.
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Feb 2, 2024, 00:00 AM
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Jessica Salerno
On Wednesday evening, the U.S. House passed bipartisan tax legislation by a vote of 357 to 70 that would temporarily expand individual tax credits and revive several business tax breaks.
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Feb 2, 2024, 00:00 AM
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Jessica Salerno
Lawmakers reviewing Ohio’s property tax system spent nearly two hours quizzing county auditors about the ins and outs of reappraisals, Board of Revision challenges, abatements and exemptions and potential reforms during a hearing Jan. 24.
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