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Jun 28, 2024
Referred to as perhaps the largest capital budget in Ohio history, the Senate passed and the House agreed to amended House Bill 2 (Cutrona-Upchurch) June 26, sending the bill to Gov. Mike DeWine.
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Jun 28, 2024
The Ohio House voted June 26 to appoint political consultant Tex Fischer to the House District 58 seat being vacated by Rep. Al Cutrona (R-Canfield).
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Jun 28, 2024
Gov. Mike DeWine's administration announced June 24 the approval of assistance for nine projects expected to create 707 new jobs and retain 1,614 jobs statewide.
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Jun 27, 2024
The OSCPA office will be closed from Monday, July 1 to Friday, July 5 in observance of the Fourth of July holiday.
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Jun 21, 2024
The Ohio Department of Taxation has proposed several rules for the administration of the adult use cannabis tax.
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Jun 21, 2024
The Ohio Department of Development (DOD) recently announced the release of the program application for the July 2024 round of the Ohio Opportunity Zones Tax Credit.
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Jun 21, 2024
The OSCPA office will be closed from Monday, July 1 to Friday, July 5 in observance of the Fourth of July holiday.
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Jun 21, 2024
Lt. Gov. Jon Husted, JobsOhio President and CEO J.P. Nauseef and leaders of Tipp City-based nonprofit Aileron announced a new program to help support Ohio small businesses as they grow.
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Jun 14, 2024
Tax revenues were back on target in May after a slide over the past several months that turned a $200 million-plus overage into a $400 million-plus shortfall in collections, according to preliminary figures from the Office of Budget and Management (OBM).
Year-to-date underspending, however, far exceeds any revenue shortfalls.
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Jun 14, 2024
As previously reported by OSCPA, The Wage and House Division of the U.S. Department of Labor has adopted a rule that will increase the level of income below which employers must pay overtime.
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Jun 14, 2024
The Ohio Department of Taxation is holding a public hearing to present and hear comments on the proposed current agricultural use values (CAUV) for tax year 2024 on July 12 at 10:30 a.m.
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Jun 14, 2024
Sen. Michael Rulli was elected to Congress in a special election earlier this month, replacing former U.S. Rep. Bill Johnson who resigned to accept his new role as president of Youngstown State University.
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Jun 14, 2024
Months after the House adopted a project wish list for the one-time capital funding pool established in the biennial budget, the Senate introduced SB288 (Dolan) on Monday that includes a plan for all $700 million set aside in HB33 (Edwards).
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Jun 07, 2024
Governor Mike DeWine on May 31 announced the 2024 expanded Sales Tax Holiday will take place from 12:00 a.m. Tuesday, July 30 until 11:59 p.m. Thursday, August 8.
In conjunction with the Ohio General Assembly, Governor DeWine expanded the length of Ohio’s Sales Tax holiday to 10 days and will allow tax-free purchases made in-person or online on all eligible items of up to $500.
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Jun 07, 2024
New Ohio Employer Withholding Rates: The Ohio Department of Taxation has issued new employer withholding tables for payrolls that end on or after July 1, 2024. The new tables include the income tax rate reductions that went into effect when House Bill 33 (135th General Assembly) was signed into law on July 4, 2023.
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Jun 07, 2024
Tax revenues were back on target in May after a slide over the past several months that turned a $200 million-plus overage into a $400 million-plus shortfall in collections, according to preliminary figures from the Office of Budget and Management (OBM).
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May 31, 2024
Recognizing the public interest threat from a decline in candidates entering the CPA profession, the California Board of Accountancy (CBA) held a special stakeholder meeting May 17 for an update on its SURE CPA (Students Understanding the Requirements to be a Certified Public Accountant) initiative and a resulting proposed licensing framework.
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May 31, 2024
The Accountancy Board of Ohio (ABO), the state government entity charged with licensing, regulating, and when necessary, disciplining CPAs, can significantly affect the practice of all CPAs. That is why OSCPA represents the profession at every ABO meeting and advocates for best-practice rulemaking. The May 24, 2024, meeting included a variety of topics.
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May 31, 2024
A three-judge panel of the U.S. Sixth Circuit Court of Appeals ruled 2-1 Wednesday that Attorney General Dave Yost must forward a proposed constitutional amendment on qualified immunity on to the next step in the ballot initiative process, but Yost's office said Thursday he will ask the full appellate court to review that ruling.
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May 30, 2024
Plentiful energy is critical to Ohio’s economic growth, and Sen. Bill Reineke (R - Tiffin) recently addressed a group of OSCPA members to discuss energy challenges and opportunities facing Ohio’s business community.