Gov. Mike DeWine and Lt. Gov. Jon Husted announced recently that $100 million was available in the second round of the Transformational Mixed-Used Development Program.

This OSCPA priority bill clarifies that gains from the sale of an ownership interest in a business is considered ‘business income’ for Ohio income tax purposes.

The Department of Labor is expected to issue a new rule on overtime pay exemptions this fall that is likely to expand the pool of American workers eligible for overtime pay.

Janice Lynne Culver, CPA, of Dayton has been appointed to the Accountancy Board for a term beginning June 17, 2022, and ending Oct. 20, 2022.

Gov. Mike DeWine signed the $3.5 billion capital budget bill on Tuesday, telling reporters it's unlike any capital budget he's aware of in Ohio history.

Gov. DeWine signed on Tuesday Senate Bill 246, known as the SALT cap parity bill, which levies a tax on a pass-through entity's income apportioned to Ohio and authorizes a refundable income tax credit for an owner for such tax paid.

The Colorado Department of Revenue has notified retailers of a new Retail Delivery Fee that will collect $0.27 every time they deliver taxable goods to a Colorado address.

The Treasury's Office of Foreign Assets Control on June 9 issued guidance that will assist CPAs and firms providing tax services to U.S. subsidiaries of Russian companies.

Rep. Adam Miller (D-Columbus) has been certified by the Franklin County Board of Elections as a Democratic candidate for the new House District 6 in the August 2 primary.

Better than expected tax collections continued in May with $105.3 million collected in excess of forecasts, bringing the state's FY22 tax collections to $2.55 billion over estimates with just one month left in the fiscal year.