• ODT explains pre-April 15 non-payment notices

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    The Ohio Department of Taxation (ODT) this week explained why some taxpayers may have received 2023 non-payment notices prior to April 15.
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  • A tax mystery: Why are fewer people getting refunds?

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    The share of taxpayers who get money back at tax time is slowly and, a little mysteriously, shrinking. At the same time, the number of people having to cut a check to the government has been rising. Some tax vets wonder what a decline in refunds will mean for tax compliance.
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  • Week in Review: April 21, 2024

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    Ohio Department of Aging (ODA) Director Ursel J. McElroy announced Wednesday that the Scripps Gerontology Center at Miami University will soon launch the state's Biennial Survey of Long-Term Care Facilities.
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  • OSCPA Government Relations Roundup

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    A summary of this past week’s noteworthy events from your OSCPA government relations team.
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  • March tax revenues miss the mark

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    Ohio’s General Revenue Fund (GRF) tax revenues missed the estimate by $171.3 million (-9.6%) during the month of March.
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  • New national tax literacy poll highlights need for better tax education

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    All Americans are affected by the tax code—but do they understand the tax code? To find out, the Tax Foundation’s educational program, TaxEDU, and Center for Federal Tax Policy conducted a poll with Public Policy Polling.
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  • Politicos on the Move: April 14, 2024

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    It was announced April 10, 2024, in the House Insurance Committee that committee member Rep. Jessica Miranda (D-Cincinnati) has been named Hamilton County auditor.
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  • Week in Review: April 14, 2024

    Apr 12, 2024, 00:00 AM by Natalie Rooney
    Auditor of State Keith Faber Friday placed the Mt. Healthy City School District in Hamilton County in a state of fiscal emergency as a result of a projected operating fund deficit of $10,758,000, representing 26% of the district's general revenue funds for the fiscal year that ends June 30, 2024.
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  • Week in Review: April 7, 2024

    Apr 7, 2024, 17:13 PM by Suzanne McCann-Perry
    Gov. Mike DeWine announced Friday that he has initiated several federal and state disaster aid mechanisms that could bring financial relief to Ohioans affected by severe weather last month. The action comes after a damage assessment conducted by the Federal Emergency Management Agency (FEMA) in the 11-county area affected by tornadoes that occurred in March.
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  • ODT provides several updates ahead of April 15 deadline

    Apr 5, 2024, 02:00 AM by Natalie Rooney
    The Ohio Department of Taxation (ODT) recently announced extended service hours for the remainder of the income tax filing season (in addition to normal business hours). The ODT’s income/school district income tax phone lines at 800-282-1780 will be open until 7:00pm (instead of 5:00pm) on April 10, April 11, April 12 and April 15.
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  • Beneficial Ownership Information update

    Apr 5, 2024, 02:00 AM by Natalie Rooney
    The Ohio Society of CPAs and all state CPA societies joined an AICPA letter to FinCEN on April 3 raising concerns with the rollout of the Beneficial Ownership Information reporting requirements.
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  • Ohio General Assembly election recap: Five House incumbents lose primary elections; senators fend off challengers

    Mar 22, 2024, 00:00 AM by Jessica Salerno Shumaker
    Four incumbent Republicans who voted for House Speaker Jason Stephens (R-Kitts Hill) over caucus pick Derek Merrin (R-Maumee) lost their seats in Republican primaries Tuesday, despite heavy spending by the Stephens-led Ohio House Republican Alliance (OHRA) to defend them.
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  • Week in Review: March 24, 2024

    Mar 22, 2024, 00:00 AM by Jessica Salerno Shumaker
    Intel's projects in Ohio and three other states will receive up to $8.5 billion in combined funding through the CHIPS and Science Act, according to a Biden administration announcement Wednesday that received widespread praise from Ohio leaders.
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  • Week in Review: March 17, 2024

    Mar 17, 2024, 00:00 AM by Jessica Salerno Shumaker
    The Ohio Public Works Commission is hoping to avoid a delay in capital appropriations legislation that could affect timing for local government infrastructure projects now in the pipeline.
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  • Tax collections up slightly in February

    Mar 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    State tax revenues ran nearly 2% ahead of expectations in February and are just about on target for the fiscal year so far, according to preliminary revenue data from the Office of Budget and Management.
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  • OSCPA Town Hall covers how 120/150 impacts potential CPA candidates, accounting pipeline issues

    Mar 14, 2024, 02:00 AM by Jessica Salerno Shumaker
    A recent research paper examines the impact the 120/150 hour rule has on CPA candidates as well as CPA service quality.
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  • Minnesota legislature pursuing alternative CPA licensure path

    Mar 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    Like Ohio, states across our nation are concerned about the shrinking number of individuals seeking to become CPAs and the negative impact that could have on employers and those they serve.
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  • Ohioans begin requesting, casting primary ballots

    Mar 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    Ohioans have cast 131,613 primary election ballots through March 4, Secretary of State Frank LaRose’s office said in an email.
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  • New info released on the municipal net profit tax

    Mar 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    The Ohio Department of Taxation issued a new information release for the municipal net profit tax to advise taxpayers and municipalities of recent legislative changes made by Am. Sub. H.B. 33 related to the municipal net profit tax as administered by the ODT.
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  • Week in Review: March 10, 2024

    Mar 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    Opening the Governor's Executive Workforce Board meeting Tuesday, Lt. Gov. Jon Husted announced a new state resource aimed at helping connect those seeking a new career with the resources needed to achieve their career goals.
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