Mar 28, 2025, 02:00 AM by Natalie Rooney

A summary of Ohio's legislative news for the week ending March 28, 2025.

Mar 28, 2025, 02:00 AM by Natalie Rooney

Legislators presented sponsor testimony to the House Ways & Means Committee March 26 on HB 30, phasing down over two years the state income tax to a flat rate of 2.75% on nonbusiness income. Business income would remain at its current flat rate of 3%.

Mar 28, 2025, 02:00 AM by Natalie Rooney

On March 21, FinCEN issued an Interim Final Rule significantly narrowing the existing beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act.

Mar 28, 2025, 02:00 AM by Natalie Rooney

ODT's final session of the Personal Income Tax Webinar Series, designed to provide essential filing season tips and reminders to help navigate this tax season with confidence, will be held April 2. ODT also announced extended phone hours.

Mar 27, 2025, 02:00 AM by Natalie Rooney

The Ohio Society of CPAs was saddened to learn of the sudden passing of Past OSCPA Chair Peter Arris Margaritis on March 20. He was an OSCPA member for more than 26 years.

Mar 27, 2025, 02:00 AM by Natalie Rooney

As Women’s History Month comes to a close, we’ve compiled a collection of advice and insights from influential women in the accounting profession, drawn from the OSCPA archives.

Mar 27, 2025, 02:00 AM by Natalie Rooney

No matter their industry or sector, CPAs can use the numbers they work with to tell a story about what they do and perhaps even more importantly, why they do it.

Mar 21, 2025, 02:00 AM by Natalie Rooney

Reps. Bob Peterson (R-Sabina) and Thad Claggett (R-Newark) on March 19 gave sponsor testimony to the Ohio House Ways & Means Committee on House Bill 69, which regards the deduction of bonus depreciation and expensing allowances on taxes.

Mar 21, 2025, 02:00 AM by Natalie Rooney

Ohio businesses with a taxable year beginning Jan. 1 that want to file their 2025 municipal net profits tax with the Ohio Department of Taxation, must register on or before April 15 on the Ohio Business Gateway.

Mar 21, 2025, 02:00 AM by Natalie Rooney

A summary of Ohio's legislative news for the week ending March 21, 2025.

Mar 21, 2025, 02:00 AM by Natalie Rooney

This past week, the Ohio House concurred on the amendments added to the transportation budget (House Bill 54) by the Ohio Senate. This legislation now awaits Gov. Mike DeWine’s signature to be passed into law.

Mar 21, 2025, 02:00 AM by Natalie Rooney

Gov. Mike DeWine recently appointed former Cincinnati area longtime state legislator William (Bill) J. Seitz III (R-Green Twp.) to the Board of Tax Appeals for a term beginning March 7, 2025, and ending Feb. 8, 2031.

Mar 20, 2025, 02:00 AM by Natalie Rooney

As retiring professionals outpace the rate of new entrants to the profession, firms need to highlight how their culture empowers employees to advance their careers and contribute meaningfully to the firm’s growth.

Mar 20, 2025, 02:00 AM by Natalie Rooney

This series features interviews with accountants from each generation, highlighting the similarities and differences they’ve each experienced working in the profession. This week, OSCPA member Alex Anthony, CPA, shares her story and what it’s like to be an accountant as a member of the Millennial generation.

Mar 20, 2025, 02:00 AM by Natalie Rooney

OSCPA is celebrating the most recent, successful, state-led effort to broaden the pathways to CPA licensure with the passage of Utah’s SB 15. This marks the third state following Virginia and Ohio to make the much-needed changes that broaden access while maintaining the integrity and trust of the CPA license.

Mar 14, 2025, 02:00 AM by Natalie Rooney

On March 7, Ohio Gov. Mike DeWine signed House Bill 14 into law effective immediately. This legislation incorporates into Ohio law the federal tax changes to the Internal Revenue Code which became law since March 15, 2023.

Mar 14, 2025, 02:00 AM by Natalie Rooney

Interested in filing season tips, tricks and reminders? Register for one of the Ohio Department of Taxation’s personal income tax webinars!

Mar 14, 2025, 02:00 AM by Natalie Rooney

Ohio Gov. Mike DeWine delivered the 2025 State of the State Address pledging to continue making Ohio the best place in the nation to live, work and raise a family.

Mar 14, 2025, 02:00 AM by Natalie Rooney

A summary of Ohio's legislative news for the week ending March 14, 2025.

Mar 13, 2025, 02:00 AM by Natalie Rooney

The IRS has released a Tax Tip for Tax Pros encouraging Ohio tax practitioners to remain vigilant as the April 15 filing deadline approaches.