Latest News:

  • Jun 26, 2022

    Week in Review: June 26, 2022

    Gov. Mike DeWine and Lt. Gov. Jon Husted announced recently that $100 million was available in the second round of the Transformational Mixed-Used Development Program.
  • Jun 24, 2022

    OSCPA-backed BID bill signed into law

    This OSCPA priority bill clarifies that gains from the sale of an ownership interest in a business is considered ‘business income’ for Ohio income tax purposes.
  • Jun 24, 2022

    DOL overtime rule expected in fall

    The Department of Labor is expected to issue a new rule on overtime pay exemptions this fall that is likely to expand the pool of American workers eligible for overtime pay.
  • Jun 24, 2022

    Politicos on the Move: June 26, 2022

    Janice Lynne Culver, CPA, of Dayton has been appointed to the Accountancy Board for a term beginning June 17, 2022, and ending Oct. 20, 2022.
  • Jun 17, 2022

    Week in Review: June 19, 2022

    Gov. Mike DeWine signed the $3.5 billion capital budget bill on Tuesday, telling reporters it's unlike any capital budget he's aware of in Ohio history.
  • Jun 16, 2022

    Gov. DeWine signs OSCPA-backed SALT bill into law

    Gov. DeWine signed on Tuesday Senate Bill 246, known as the SALT cap parity bill, which levies a tax on a pass-through entity's income apportioned to Ohio and authorizes a refundable income tax credit for an owner for such tax paid.
  • Jun 16, 2022

    Colorado’s new retail delivery fee takes effect in July

    The Colorado Department of Revenue has notified retailers of a new Retail Delivery Fee that will collect $0.27 every time they deliver taxable goods to a Colorado address.
  • Jun 16, 2022

    Treasury issues guidance to assist CPAs in relation to Russia sanctions

    The Treasury's Office of Foreign Assets Control on June 9 issued guidance that will assist CPAs and firms providing tax services to U.S. subsidiaries of Russian companies.
  • Jun 16, 2022

    Politicos on the Move: June 19, 2022

    Rep. Adam Miller (D-Columbus) has been certified by the Franklin County Board of Elections as a Democratic candidate for the new House District 6 in the August 2 primary.
  • Jun 10, 2022

    Week in Review: June 12, 2022

    Better than expected tax collections continued in May with $105.3 million collected in excess of forecasts, bringing the state's FY22 tax collections to $2.55 billion over estimates with just one month left in the fiscal year.
  • Jun 09, 2022

    Ohio Supreme Court takes up municipal income tax withholding/refund case

    The Ohio Supreme Court announced that it will hear Schaad v. Alder, one of The Buckeye Institute’s five municipal income tax cases challenging Ohio’s emergency-based system.
  • Jun 09, 2022

    Ohio law change helps Ohio students become CPAs faster

    Meaningful change within the profession does not happen overnight, but the investment in Ohio’s accounting pipeline is worth OSCPA’s commitment and dedication.
  • Jun 09, 2022

    May overage of $105M takes Ohio FY22 surplus past $2.5B

    Better than expected tax collections continued in May with $105.3 million collected in excess of forecasts, bringing the state’s FY22 tax collections to $2.55 billion over estimates with just one month left in the fiscal year.
  • Jun 09, 2022

    Key Aug. 2 primary on the horizon

    Ohio will be holding another primary election on Aug. 2 for Ohio Senate and Ohio House candidates.
  • Jun 09, 2022

    Politicos on the Move: June 12, 2022

    State Rep. Laura Lanese, a former member of Ohio House Republican leadership, has decided to not run for re-election in the Aug. 2 state legislative primary.
  • Jun 03, 2022

    Ohio legislature finalizes BID, SALT bills; only DeWine’s signatures await

    Two of the Society’s top legislative priorities cleared the Ohio legislature on the same day, and now only await Governor DeWine’s signatures for enactment.
  • Jun 03, 2022

    New Accountancy Board member appointed

    Governor DeWine announced the appointment of Jillian Brown, CPA, to serve on the Accountancy Board of Ohio. Brown, a partner in the Cincinnati office of KPMG, was appointed this week to complete Jim Redmond’s seven-year term.
  • Jun 03, 2022

    Updated income tax levies

    During the May primary election, income tax levies unofficially passed in numerous municipalities.
  • Jun 03, 2022

    Legislature passes $3.5B capital budget

    Both chambers of the General Assembly voted to pass HB687 (Oelslager) on Wednesday, sending the capital budget to Gov. Mike DeWine for his signature.
  • Jun 03, 2022

    Week in Review: June 5, 2022

    The Ohio Department of Development announced recently the state had entered a partnership with the government of Aragon, an autonomous community in Spain, to develop and strengthen economic, technological and commercial cooperation.