Advocacy

Jan 19, 2025, 00:00 AM by Jessica Salerno Shumaker

The DeWine administration and defense technology company Anduril Industries announced Thursday the company had selected Pickaway County as the site for an advanced manufacturing facility that will bring over 4,000 new production and service jobs to the state by 2035.

Jan 17, 2025, 00:00 AM by Jessica Salerno Shumaker

Expect slim majorities and government funding to impact politics this year, said one expert from AICPA. 

Jan 17, 2025, 00:00 AM by Jessica Salerno Shumaker

The Internal Revenue Service and the Ohio Department of Taxation both recently announced that the 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of their modernization efforts.

Jan 17, 2025, 00:00 AM by Jessica Salerno Shumaker

OSCPA CEO & President Laura Hay expressed optimism to the news that Ohio Governor Mike DeWine appointed Lieutenant Governor Jon Husted to the United States Senate.

Jan 10, 2025, 00:00 AM by Jessica Salerno Shumaker

This message is a friendly reminder to all commercial activity tax (CAT) practitioners and taxpayers that the fourth quarter 2024 CAT return is due February 10, 2025.

Jan 10, 2025, 00:00 AM by Jessica Salerno Shumaker

The Joint Committee on Property Tax Review and Reform on Jan. 2 released its final report after spending the past year studying Ohio’s property tax system over eight hearings and receiving testimony from 60 witnesses, issuing 21 recommendations while acknowledging some proposals may contradict others.

Jan 10, 2025, 00:00 AM by Jessica Salerno Shumaker

December tax collections either lagged or exceeded targets by big margins, depending on whether a transfer related to last year’s expanded sales tax holiday is factored into the totals, but normal revenue streams were generally on target.

Jan 10, 2025, 00:00 AM by Jessica Salerno Shumaker

U.S. Rep. Max Miller, a Rocky River Republican, was appointed to the House Ways and Means Committee’s subcommittees on Oversight, and Work and Welfare

Jan 10, 2025, 00:00 AM by Jessica Salerno Shumaker

The Ohio Department of Transportation is asking for a nearly $1.5 billion increase in its proposed budget request for FY26-27, with a continued focus on safety for the upcoming biennium.

Jan 9, 2025, 00:00 AM by Jessica Salerno Shumaker

Ohio Governor Mike DeWine signed House Bill 238 into law on Jan. 8, which includes OSCPA-backed legislation that will position Ohio as a national leader in addressing the dire CPA shortage.

Jan 9, 2025, 00:00 AM by Jessica Salerno Shumaker

As I write my last CEO letter as President and CEO of The Ohio Society of CPAs, I am filled with a deep sense of gratitude and pride. It has been an incredible journey, and I am honored to have had the opportunity to lead such a dedicated and talented group of professionals.

Dec 22, 2024, 00:00 AM by Jessica Salerno Shumaker

The DeWine administration announced Monday that Amazon Web Services plans to invest around $10 billion in additional funds for its data center infrastructure across Ohio, with hundreds of new jobs expected by the end of 2030.

Dec 20, 2024, 00:00 AM by Jessica Salerno Shumaker

Effective Jan. 1, 2025, the annual exclusion amount for business increases from $3 million to $6 million. If your taxable gross receipts are $6 million or less, you will not have to pay the tax.

Dec 19, 2024, 00:00 AM by Jessica Salerno Shumaker

If signed into law by the Governor, new approaches will be adopted in Ohio that will address the challenges the CPA profession is now facing: the shrinking population of CPAs caused by retirements and too few new licensees, and strengthening existing interstate mobility laws to protect current licensees in the future.

Dec 19, 2024, 00:00 AM by Jessica Salerno Shumaker

While an impressive career of advocating for Ohio CPAs resulted in numerous legislative wins and meaningful reform, for Barb Benton, it all comes down to one thing.

Dec 14, 2024, 00:00 AM by Jessica Salerno Shumaker

The DeWine administration recently announced the awarding of over $56 million as part of the Historic Preservation Tax Credit Program, with 37 projects set to receive funding in the latest round.

Dec 13, 2024, 00:00 AM by Jessica Salerno Shumaker

OSCPA-backed legislation is currently pending before the Ohio Legislature that seeks to address the shrinking population of CPAs and strengthen existing interstate mobility laws.

Dec 13, 2024, 00:00 AM by Jessica Salerno Shumaker

As the reporting deadline for the Beneficial Ownership Information (BOI) approaches quickly, OSCPA has heard concerns from many members regarding the lack of clarity and guidance from the Financial Crimes Enforcement Network (FinCEN) and the Jan. 1, 2025 deadline

Dec 13, 2024, 00:00 AM by Jessica Salerno Shumaker

The Office of Budget and Management reported Friday that preliminary estimates of November’s revenues show them coming in nearly 3% below estimates. Specifically, the state was nearly $76.9 million or 2.9% below estimates for the month.

Dec 8, 2024, 00:00 AM by Jessica Salerno Shumaker

The JobsOhio Board of Directors met Thursday at which time Chair Josh Rubin said that while JobsOhio has been a "tremendous success" on many fronts, Ohio has changed since 2011 and so the organization needs to continue to evolve.