Latest News:

  • May 28, 2023

    Week in Review: May 28, 2023

    The Ohio Department of Job and Family Services said that the state unemployment rate decreased to 3.7% in April, down from 3.8% in March. This marks the lowest rate since 1976.
  • May 26, 2023

    Sen. Brown backs measure to raise 1099-K reporting threshold

    Senators Sherrod Brown, D-Ohio, and Bill Cassidy, R-Louisiana, are proposing to raise the reporting threshold on transactions from companies such as Airbnb, eBay, Etsy, PayPal and Venmo from $600 to $10,000 to save headaches for small businesses and individuals who work in the gig economy.
  • May 26, 2023

    Ohio House passes measure limiting notices & late filing penalties

    A number of OSCPA legislative priorities continue to move through the Ohio legislature, including House Bill 105—a measure that would limit notices and late filing penalties under R.C. 718.27.
  • May 19, 2023

    OSCPA continues advocacy for budget bill tax priorities

    OSCPA testified in support of House Bill 33 (Ohio’s biennial budget legislation for fiscal years 2024-2025) on Thursday morning in front of the Ohio Senate Finance Committee.
  • May 19, 2023

    Week in Review: May 21, 2023

    Lt. Gov. Jon Husted announced Thursday that 391 employers were approved for funding in the March round of TechCred, which will enable Ohioans to earn 4,656 tech-focused credentials
  • May 12, 2023

    Senate approves bill to limit ESG investments by public entities

    The Senate Wednesday passed a bill maintaining that state investments will not prioritize environmental, social, or corporate governance policies.
  • May 12, 2023

    IRS requires new e-Services sign-in

    Beginning May 17, 2023, the IRS will no longer support the use of existing IRS usernames to access e-Services. If you do not have an ID.me account, you must create a new account to access this service.
  • May 12, 2023

    April revenues come in nearly $180 million below estimates

    According to preliminary figures released by the Office of Budget and Management, April revenues came in $178.1 million or 6% below estimates. However, for the year-to-date, revenues exceed estimates by $626.6 million or 2.7%
  • May 12, 2023

    Week in Review: May 14, 2023

    Gov. Mike DeWine's administration announced Monday the approval of assistance for eight projects expected to create 663 new jobs and retain 499 jobs statewide.
  • May 07, 2023

    Week in Review: May 7, 2023

    Google officials announced Wednesday they are adding two data centers on previously acquired land in Columbus and Lancaster, in addition to the current one in New Albany, which saw an expansion announced in 2021.
  • May 05, 2023

    OSCPA testifies on BID and guaranteed payments

    OSCPA continued its advocacy for members at the Ohio Statehouse by offering proponent testimony Tuesday on House Bill 138, a bill that classifies certain pass-through entity payments as business income.
  • May 05, 2023

    Preview Ohio's new tax system

    This September, the Ohio Department of Taxation (ODT) will launch a new system to manage Ohio's individual and school district income taxes.
  • May 05, 2023

    New adoption initiative offers one-time financial grant

    Ohioans who adopt a child are now eligible for a one-time financial grant to help defray costs associated with the adoption process.
  • Apr 30, 2023

    Week in Review: April 30, 2023

    Ohio has regained all jobs lost during COVID-19 and continues to see unemployment drop steadily since December, based on figures released by the Ohio Department of Job and Family Services.
  • Apr 28, 2023

    Ohio House votes out $88B state budget bill containing numerous workforce priorities

    The Ohio House on Wednesday passed House Bill 33, Ohio’s massive biennial budget legislation for fiscal years 2024-2025) by a wide margin, officially sending the bill to the Senate where hearings have already begun.
  • Apr 28, 2023

    OSCPA sees movement on priority tax issues

    OSCPA testified in support of House Bill 121 on Tuesday, a bill that allows businesses with remote and hybrid employees or owners to use a modified apportionment formula if they choose to make the election.
  • Apr 28, 2023

    NASBA revises CPA Exam testing window model rule

    After receiving over 850 public comment letters from around the country – including over 300 from concerned Ohioans - NASBA announced its Uniform Accountancy Act model rule on how long candidates should have to pass all four parts of the CPA Exam will expand from the originally recommended 24 months to 30 months.
  • Apr 27, 2023

    How advocacy efforts drive the business climate

    A collective effort on workforce development will be crucial when it comes to solving the talent crisis.
  • Apr 23, 2023

    Week in Review: April 23, 2023

    The Ohio Turnpike and Infrastructure Commission voted Monday to adopt annual toll increases for 2024 through 2028 to keep up with inflation and, in the first two years, provide for upkeep of bridges and other infrastructure.
  • Apr 21, 2023

    OSCPA testifies on bonus depreciation as budget and muni tax measures advance

    OSCPA spoke in favor of House Bill 116 on Tuesday, a bill that would assist Ohio taxpayers by keeping Ohio competitive compared to other states by encouraging capital investment by Ohio pass-through entities and individual business.