Advocacy

Apr 11, 2025, 00:00 AM by Natalie Rooney

According to preliminary revenue data from the Office of Budget and Management, the state brought in nearly $100 million more than expected in taxes this March.

Apr 11, 2025, 00:00 AM by Natalie Rooney

A summary of Ohio's legislative news for the week ending April 11, 2025.

Apr 10, 2025, 11:09 AM by Kyle Anderson

New Ohio law goes into effect allowing automatic interstate mobility.

Apr 10, 2025, 00:00 AM by Natalie Rooney

As of April 9, 2025, qualified CPAs from out of state are now able to work in the Buckeye State. The change means that CPAs are now evaluated on their individual professional status rather than which state they received their license.

Apr 10, 2025, 00:00 AM by Natalie Rooney

As the April 15 income tax filing deadline approaches, the Ohio Depart of Taxation is extending the hours of the personal income and school district income tax phone lines to assist with any last-minute questions.

Apr 4, 2025, 00:00 AM by Natalie Rooney

The Ohio House Finance Committee adopted the latest version of their budget bill – Substitute House Bill 96 – on April 1.

Apr 4, 2025, 00:00 AM by Natalie Rooney

The 2025 Childcare Policy Summit held April 1 highlighted the importance of childcare as a workforce development issue.

Apr 4, 2025, 00:00 AM by Natalie Rooney

The AICPA town hall on April 3 highlighted three recent Employee Retention Credit (ERC) FAQs that were released by the IRS on March 20.

Apr 4, 2025, 00:00 AM by Natalie Rooney

A summary of Ohio's legislative news for the week ending April 4, 2025.

Apr 3, 2025, 00:00 AM by Natalie Rooney

Over the past four years, The Ohio Society of CPAs’ advocacy work, in collaboration with State Representative Bill Roemer, CPA (R-Richfield), has made it more efficient for many young accounting professionals to become CPAs.

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

Ohio Gov. Mike DeWine and Lt. Gov. Jim Tressel announced the results of the January TechCred application period in which 566 employers were awarded funds, providing the opportunity for Ohioans to earn 7,681 tech-focused credentials.

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

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 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

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

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

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 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

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