Gov. Mike DeWine's administration announced Monday the approval of assistance for three projects expected to create 2,247 new jobs and retain 63 jobs statewide.

As a result of the recent passage of Am. Sub. H.B. 33 of the 135th Ohio General Assembly, beginning in 2024, businesses with taxable gross receipts of $3 million or less and, for tax periods beginning in 2025 and thereafter, businesses with taxable gross receipts of $6 million or less will no longer be subject to the CAT.

With the Nov. 7 election getting closer, you have the chance to still vote early or submit an absentee ballot.

The DeWine administration announced Monday that a new skills-based search function will help people applying for jobs in state government find positions based on specific experiences, skills and training rather than just academic degrees.

OSCPA is doing its part to amplify and promote the true story of the accounting profession.

Better than expected collections in non-auto sales tax offset small dips in other sources to yield tax collections slightly above expectations in September, according to preliminary data from the Office of Budget and Management.

Last year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.

The DeWine administration announced Friday that 51 communities will receive more than $10.6 million to support community development projects around Ohio through a federal block grant program.

Late Friday, the IRS announced tax relief for certain individuals and businesses affected by the terrorist attacks in Israel. These taxpayers now have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions.

This tax alert is to advise employers that the Ohio Department of Taxation has issued new employer withholding tables to be used for payrolls that end on or after Nov. 1, 2023.