• Week in Review: Nov. 17, 2024

    Nov 16, 2024, 00:00 AM by 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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  • Ohio Business Gateway deadline, more resources now available

    Nov 15, 2024, 00:00 AM by 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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  • Beneficial Ownership Information updates and resources

    Nov 15, 2024, 00:00 AM by 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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  • OSCPA encourages release of CHIPs funding

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    OSCPA joined the Ohio Chamber of Commerce and other business groups this week to send a letter to President Joe Biden and the U.S. Department of Commerce urging the immediate release of CHIPS and Science Act funding.
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  • OSCPA proposes law changes to CPA licensure

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    For over two years, we have been listening and learning from our members and collaborating with other state partners about the outdated and counterproductive policies that currently govern CPA licensing laws in our state.
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  • U.S. District Court invalidates new DOL overtime rule

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    The U.S. District Court for the Eastern District of Texas issued its ruling Nov. 15 invalidating the entirety of the Department of Labor’s overtime rule, a decision supported by The Partnership to Protect Workplace Opportunity, of which OSCPA is a member.
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  • Tax collections on target for October

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Variances in major tax sources balanced out to an on-target revenue haul in October, according to preliminary figures from the Ohio Office of Budget and Management.
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  • Texas files legislation to add bachelor’s degree education pathway

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Texas, the third largest state in terms of CPA licensees, has introduced legislation this week to offer an alternative pathway to licensure.
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  • Lawmakers expect lighter lame duck, leaner budget

    Nov 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    A panel of lawmakers Nov. 7 said they don’t expect a busier than usual lame duck session, and, looking forward to next year’s budget cycle, expect to have a leaner budget due to the end of pandemic-era federal money and lower revenues.
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  • Week in Review: Nov. 10, 2024

    Nov 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    From now through Monday, March 31, 2025, income-eligible Ohioans can receive one-time assistance with their home energy bill through the Ohio Department of Development's Home Energy Assistance Winter Crisis Program.
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  • Ohio CPA/PAC Preferred candidates successful on Election Day

    Nov 7, 2024, 00:00 AM by Jessica Salerno Shumaker
    Ohio CPA/PAC’s Board evaluated hundreds of candidates for the Ohio House and Ohio Senate before giving 91 of them PAC Preferred status earlier in the fall. Of those, all but three candidates were successful.
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  • Week in Review: Nov. 3, 2024

    Nov 3, 2024, 00:00 AM by Jessica Salerno Shumaker
    Gov. Mike DeWine's administration announced Monday the approval of assistance for six projects expected to create 415 new jobs and retain 1,118 jobs statewide.
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  • ODT sent errant refunds; seeking money back

    Nov 1, 2024, 00:00 AM by Jessica Salerno Shumaker
    ODT recently informed OSCPA that a small number of taxpayers received refunds or increases to credit carryforward amounts that should not have occurred.
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  • Remember to vote on Tuesday!

    Nov 1, 2024, 00:00 AM by Jessica Salerno Shumaker
    If you haven’t cast your vote yet for the 2024 General Election, your last chance to do so is this Tuesday.
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  • Meet the candidates who will maintain stability, integrity and fairness on Ohio’s highest court

    Oct 25, 2024, 00:00 AM by Jessica Salerno Shumaker
    Amid all the attention the election generates, it is important that voters not lose sight of a crucial decision facing Ohio voters this November—the election of Ohio Supreme Court justices.
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  • Week in Review: Oct. 27, 2024

    Oct 25, 2024, 00:00 AM by Jessica Salerno Shumaker
    The Ohio Third Frontier announced Tuesday it had approved almost $6.5 million in grants to support research and commercialization of medical, military and scientific technology as part of the Technology Validation and Start-up Fund.
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  • OH|TAX eServices update coming in December

    Oct 18, 2024, 00:00 AM by Jessica Salerno Shumaker
    This update will let taxpayers file more types of returns, including sales, public utility personal property, employer and school district withholding, adult use cannabis, public utility excise, and natural gas excise taxes.
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  • Week in Review: Oct. 20, 2024

    Oct 18, 2024, 00:00 AM by Jessica Salerno Shumaker
    The Ohio Department of Commerce Division of Unclaimed Funds recently reminded banks and other businesses operating in the state of Ohio to submit their unclaimed funds reports to the division by Friday, Nov. 1, even if there are no funds to report.
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  • Week in Review: Oct. 13, 2024

    Oct 13, 2024, 00:00 AM by Jessica Salerno Shumaker
    Social Security benefits and Supplemental Security Income payments for more than 72.5 million Americans will increase 2.5% in 2025.
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  • September revenues tally $500+ million over estimates, lag what was raised in 2023

    Oct 11, 2024, 00:00 AM by Jessica Salerno Shumaker
    Specifically, the state finished September with $2.1 billion, $547.1 million or 36 percent over the updated estimate for the month. The estimated revenue for September had been $1.5 billion.
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