Incomes taxes generated more than $200 million above expected collections in May, bearing out the Office of Budget and Management’s explanation last month that an April miss of about $120 million was mostly a matter of timing.

During a JobsOhio Board of Directors meeting Friday, the economic development entity's President and CEO J. P. Nauseef said there was "record performance" for JobsOhio in 2022, with over 26,000 new jobs added through its projects being the second-highest figure behind 2021.

One of Ohio’s Congressional members who serves on the House Ways & Means Committee introduced a bill on May 22 to make it easier for individuals to calculate their tax liability when they file for an extension.

Significant actions from this meeting included disciplinary actions, waivers of late fees and fines and continued discussion on the accounting workforce shortage.

Ohio is the 20th-best state or district for remote work and second-best among its neighbors, according to a report from personal finance site WalletHub released recently

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.

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.

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.

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.

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