A tax policy supporting private schools that Ohio instituted in 2021 will soon be reflected at the national level under federal HR1, aka the One Big Beautiful Bill. However, the state and federal policies have a few key differences.

A new Tax Foundation study estimates that the One Big Beautiful Bill Act will reduce federal taxes for individual taxpayers in every state, though the scale of savings will differ significantly across regions.

Ohio’s economy continues to grow on the strength of its STEM and technical talent, but attracting a steady workforce remains a challenge for employers across the country. To address this need, JobsOhio has introduced the Relocation Incentive, designed to help companies of all sizes recruit skilled professionals from out of state.

A summary of Ohio’s legislative news for the week ending Aug. 22, 2025

The IRS issued IR-2025-82 confirming that major payroll and reporting forms — including W-2s, 1099s and Form 941 — will remain unchanged for the 2025 tax year despite the recently passed One Big Beautiful Bill Act. Federal withholding tables will also stay the same.

Facing a Sept. 30 deadline, the Property Tax Reform Working Group discussed five proposals, reaching some consensus on two: having a trigger percentage excess of the carryover and a time interval following voter approval of a levy before reducing it.

President Trump dismissed IRS Commissioner Billy Long just weeks after his Senate confirmation, naming him ambassador to Iceland in the latest shake-up at the tax agency. Treasury Secretary Scott Bessent will serve as acting commissioner until a permanent replacement is chosen.

A summary of Ohio's legislative news for the week ending Aug. 15, 2025.

A summary of Ohio’s legislative news for the week ending Aug. 8, 2025

According to preliminary figures released Aug. 6, the state collected a total of $2.3 billion in General Revenue Fund tax dollars in July, the first month of FY26. This was 11.4% or $238.7 million more than was collected in July 2024.