Advocacy

Jun 27, 2024, 02:00 AM by Natalie Rooney

The OSCPA office will be closed from Monday, July 1 to Friday, July 5 in observance of the Fourth of July holiday.

Jun 21, 2024, 02:00 AM by Natalie Rooney

The Ohio Department of Taxation has proposed several rules for the administration of the adult use cannabis tax.

Jun 21, 2024, 02:00 AM by Natalie Rooney

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.

Jun 21, 2024, 02:00 AM by Natalie Rooney

The OSCPA office will be closed from Monday, July 1 to Friday, July 5 in observance of the Fourth of July holiday.

Jun 21, 2024, 02:00 AM by Natalie Rooney

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.

Jun 14, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 14, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 14, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 14, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 14, 2024, 00:00 AM by Sonya Guthrie

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).

Jun 7, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 7, 2024, 00:00 AM by Sonya Guthrie

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.

Jun 7, 2024, 00:00 AM by Sonya Guthrie

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).

May 31, 2024, 02:00 AM by Natalie Rooney

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.

May 31, 2024, 02:00 AM by Natalie Rooney

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.

May 31, 2024, 02:00 AM by Natalie Rooney

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.

May 30, 2024, 02:00 AM by Natalie Rooney

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.

May 23, 2024, 02:00 AM by Natalie Rooney

An independent national group formed by AICPA and featuring stakeholders from throughout the accounting profession has released its draft strategy report. The document includes a series of recommendations for tackling the accounting talent shortage.

May 17, 2024, 02:00 AM by Natalie Rooney

The IRS announced on May 16 tax relief for individuals and businesses in Ohio that were affected by tornadoes that began on March 14, 2024.

May 17, 2024, 02:00 AM by Natalie Rooney

Accountancy Board of Ohio Executive Director Donna Oklok gave testimony May 8 on HB 238, occupational licensing sunset legislation, at a hearing before the Senate Government Oversight Committee.