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Dec 22, 2024, 00:00 AM
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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.
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Dec 20, 2024, 00:00 AM
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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.
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Dec 19, 2024, 00:00 AM
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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.
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Dec 19, 2024, 00:00 AM
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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.
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Dec 14, 2024, 00:00 AM
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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.
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Dec 13, 2024, 00:00 AM
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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.
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Dec 13, 2024, 00:00 AM
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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
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Dec 13, 2024, 00:00 AM
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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.
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Dec 8, 2024, 00:00 AM
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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.
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Dec 6, 2024, 00:00 AM
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Jessica Salerno Shumaker
For over a century, the Ohio Society of CPAs has stood as a steadfast advocate for excellence in the CPA profession, empowering thousands of licensees across our great state. We continue that legacy today by addressing our field's most pressing challenges.
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Dec 6, 2024, 00:00 AM
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Jessica Salerno Shumaker
The second phase of OH | Tax eServices will allow taxpayers to file more types of returns, including sales/use, public utility and personal property among others.
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Dec 5, 2024, 00:00 AM
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Jessica Salerno Shumaker
On Dec. 3 the U.S. District Court for the Eastern District of Texas suspended nationwide the implementation of the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements.
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Dec 5, 2024, 00:00 AM
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Jessica Salerno Shumaker
The former Ohio Tax Commissioner offered this advice to CPAs on tax developments in the new year: be prepared for anything.
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Nov 22, 2024, 00:00 AM
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Jessica Salerno Shumaker
Ohio Business Gateway users only have one more week to act before Dec. 2 – that’s when multi-factor authentication becomes an OH/ID login requirement for the OBG.
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Nov 22, 2024, 00:00 AM
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Jessica Salerno Shumaker
This is the second application period where OSCPA members can take advantage of our recent partnership with MAX Technical Training by enrolling in TechCred-approved courses that are also eligible for CPE credits.
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Nov 22, 2024, 00:00 AM
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Jessica Salerno Shumaker
Sen. Rob McColley (R-Napoleon) will serve as Senate president in the 136th General Assembly, while Sen. Nickie Antonio (D-Lakewood) will remain minority leader, after both caucuses met and chose their leadership for the next session.
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Nov 22, 2024, 00:00 AM
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Jessica Salerno Shumaker
With the population of Columbus projected to reach nearly 3.5 million people by 2050, leaders in the region right now are facing major decisions concerning regional planning and economic development that could pave the way for the region's smooth growth to that size or make the path rockier.
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Nov 16, 2024, 00:00 AM
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Jessica Salerno Shumaker
Lt. Gov. Jon Husted told members of the Ohio Manufacturers' Association that "made in America" requires "made in Ohio" during the OMA workforce summit Thursday.
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Nov 15, 2024, 00:00 AM
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Jessica Salerno Shumaker
Ohio Business Gateway users only have two more weeks to act before Dec. 2 – that’s when multi-factor authentication becomes an OH/ID login requirement for the OBG.
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Nov 15, 2024, 00:00 AM
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Jessica Salerno Shumaker
Ohio is among the 47 states that have not weighed in on the unauthorized practice of law issue concerning the upcoming beneficial ownership information reporting requirement.
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