Please urge your two U.S. Senators to extend the filing deadline that Congress recently passed in H.R. 5119, the Protect Small Business and Prevent Illicit Financial Activity Act.

The Commercial Activity Tax will undergo major changes on Jan. 1, 2024, and again on Jan. 1, 2025. Annual and quarterly CAT taxpayers who anticipate having less than $3 million in taxable gross receipts in tax year 2024, should act now and cancel their CAT account immediately with an effective date of Dec. 31, 2023.

The Ohio Department of Taxation has issued a new information release that details changes to certified mail procedures that will become effective Jan. 1, 2024.

State Rep. Reggie Stoltzfus, a Stark County Republican, intends to run next year for Ohio’s 6th Congressional District.

The DeWine administration and JobsOhio announced Monday payment processing solutions provider Worldpay will reestablish its global corporate headquarters in the Cincinnati area, creating more than 500 new jobs and $56 million in associated payroll to the region while retaining 971 jobs and $93 million in existing payroll.

Moody's Investor Service bumped Ohio's issuer rating to Aaa from Aa1, the DeWine administration said Friday.

A few members recently contacted OSCPA and said that the Ohio Department of Taxation has begun sending notices to taxpayers who are investors in electing pass-through entities – those who filed the IT 4738.

The state collected about $26.1 million or 1% more in taxes during November than expected, according to preliminary figures from the Office of Budget and Management.

Gov. Mike DeWine, in collaboration with the Ohio Department of Higher Education, announced the official launch of the Governor’s Merit Scholarship Program.

Brian Chavez has been appointed by Ohio Senate Republicans to finish the remainder of now ex-state Sen. Frank Hoagland’s term in Senate District 30.