The end of 2016 brought with it the likely end of proposed U.S. Department of Labor overtime rules – and plenty of interest in that story by OSCPA members.

House Bill 9 is a part of OSCPA’s continuing effort for sensible tax policy and transparency, accountability and efficiency at all levels of government.

Despite HB 5 bringing needed reform to Ohio’s municipal income tax system, that system remains a thorn in CPAs’ sides.

Among the updates: Permit holders must earn a minimum of 20 CPE credits per year.

Rep. Pat Tiberi, R-OH (Genoa Township), will be the next chairman of a joint U.S. House-Senate committee on the economy.

The Common Sense Initiative Office has asked for feedback on the program from OSCPA members.

As expected, Ohio lawmakers this week are fast tracking a substitute bill addressing unemployment compensation reforms.

The Ohio Senate on Wednesday voted 30-0 to approve a bill to simplify the complex process and streamline the calculation, remittance and tracking of tax paid on behalf of nonresident owners of Ohio-operating pass-through entities.

The Ohio Supreme Court today ruled the state can impose its CAT on three out-of-state companies for selling products and services to Ohioans, even though they have no physical presence in the state.

A substitute bill addressing unemployment compensation reforms is expected to be a top priority in the lame duck session.