It has been a good year in Ohio for CPAs, as some long-sought reforms have come to pass, but there is still work to do to improve Ohio’s business climate.

Getting optional centralized collection of municipal net profits taxes enacted in Ohio’s biennial budget was a difficult task, but one that will improve the state’s business climate.

The Ohio Department of Taxation and the IRS each issued warnings this week about a new two-stage email scheme targeting tax professionals nationwide.

Ohio is one of only two states in the nation that has secured all of the major tenets of tort reform, according to the American Tort Reform Association.

State income-tax revenue in December came in below estimates, making it the fifth-straight month revenue fell short.

The Republican Steering Committee this week selected Rep. Warren Davidson, R-Troy, to serve on the powerful House Financial Services Committee.

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.