Advocacy

Jan 5, 2024, 00:00 AM by Jessica Salerno Shumaker

A letter sent in late November to the IRS detailed how an IRS shutdown during the tax filing season would harm taxpayers and tax practitioners. The letter also outlines recommendations to the IRS that could mitigate the long-term effects of a shutdown.

Jan 5, 2024, 00:00 AM by Jessica Salerno Shumaker

State Rep. Adam Miller, D-Columbus, has filed to run for Ohio’s 15th Congressional District next year against State Rep. Mike Carey.

Dec 15, 2023, 00:00 AM by Jessica Salerno Shumaker

Please urge your two U.S. Senators to extend the filing deadline that Congress recently passed in H.R. 5119, the Protect Small Business and Prevent Illicit Financial Activity Act.

Dec 15, 2023, 00:00 AM by Jessica Salerno Shumaker

The Commercial Activity Tax will undergo major changes on Jan. 1, 2024, and again on Jan. 1, 2025. Annual and quarterly CAT taxpayers who anticipate having less than $3 million in taxable gross receipts in tax year 2024, should act now and cancel their CAT account immediately with an effective date of Dec. 31, 2023.

Dec 15, 2023, 00:00 AM by Jessica Salerno Shumaker

The Ohio Department of Taxation has issued a new information release that details changes to certified mail procedures that will become effective Jan. 1, 2024.

Dec 15, 2023, 00:00 AM by Jessica Salerno Shumaker

State Rep. Reggie Stoltzfus, a Stark County Republican, intends to run next year for Ohio’s 6th Congressional District.

Dec 15, 2023, 00:00 AM by Jessica Salerno Shumaker

The DeWine administration and JobsOhio announced Monday payment processing solutions provider Worldpay will reestablish its global corporate headquarters in the Cincinnati area, creating more than 500 new jobs and $56 million in associated payroll to the region while retaining 971 jobs and $93 million in existing payroll.

Dec 10, 2023, 00:00 AM by Jessica Salerno Shumaker

Moody's Investor Service bumped Ohio's issuer rating to Aaa from Aa1, the DeWine administration said Friday.

Dec 8, 2023, 00:00 AM by Jessica Salerno Shumaker

A few members recently contacted OSCPA and said that the Ohio Department of Taxation has begun sending notices to taxpayers who are investors in electing pass-through entities – those who filed the IT 4738.

Dec 8, 2023, 00:00 AM by Jessica Salerno Shumaker

The state collected about $26.1 million or 1% more in taxes during November than expected, according to preliminary figures from the Office of Budget and Management.

Dec 8, 2023, 00:00 AM by Jessica Salerno Shumaker

Gov. Mike DeWine, in collaboration with the Ohio Department of Higher Education, announced the official launch of the Governor’s Merit Scholarship Program.

Dec 8, 2023, 00:00 AM by Jessica Salerno Shumaker

Brian Chavez has been appointed by Ohio Senate Republicans to finish the remainder of now ex-state Sen. Frank Hoagland’s term in Senate District 30.

Dec 1, 2023, 00:00 AM by Jessica Salerno Shumaker

Ohio Gov. Mike DeWine, Lt. Gov. Jon Husted, and Treasurer Robert Sprague on Nov. 28 announced details of the Ohio Homebuyer Plus program, a new savings account plan designed to encourage homeownership in Ohio.

Dec 1, 2023, 00:00 AM by Jessica Salerno Shumaker

Register by this Tuesday, Dec. 5 to sign up for a one-day nonpartisan campaign training conference next week for women interested in running political campaigns.

Dec 1, 2023, 00:00 AM by Jessica Salerno Shumaker

Ron Antal, CPA, has been elected Mayor of the Village of Boston Heights. Antal, a long-time OSCPA member, is also the Managing Director of RCG Tax Partners, a consulting firm based in Stow.

Dec 1, 2023, 00:00 AM by Jessica Salerno Shumaker

According to Secretary of State Frank LaRose, Ohio business owners showed up in October, submitting 14,448 new filings for the month -- an increase of more than 400 businesses compared to filings from October 2022.

Nov 22, 2023, 00:00 AM by Jessica Salerno Shumaker

Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the IRS released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for calendar year 2023.

Nov 22, 2023, 00:00 AM by Jessica Salerno Shumaker

The IRS is offering a free webinar on developing a Written Information Security Plan (WISP) next week.

Nov 17, 2023, 00:00 AM by Jessica Salerno Shumaker

A new climate law in California will require companies with annual revenues of $1 billion or more to report both their direct and indirect greenhouse gas emissions starting in 2026 and 2027.

Nov 17, 2023, 00:00 AM by Jessica Salerno Shumaker

Rep. Bill Johnson (R-Ohio) is being considered as the next president of Youngstown State University. Johnson represents the 6th Congressional District.