Advocacy

Aug 9, 2024, 00:00 AM by Jessica Salerno Shumaker

The U.S. Bureau of Labor Statistics reported the nation added 114,000 jobs in July, while the national unemployment rate rose to 4.3%, from 4.1% in June.

Aug 8, 2024, 00:00 AM by Jessica Salerno Shumaker

At the ABO’s July meeting, at OSCPA’s request, the ABO voted to ask Attorney General Yost’s office to assist it in securing guidance from the Ohio Supreme Court for Ohio CPAs on the preparation and filing of Beneficial Ownership Information reports.

Aug 2, 2024, 00:00 AM by Jessica Salerno Shumaker

Monday’s House Journal included new chair appointments as well as committee assignments for the latest member to join the chamber, Rep. Tex Fischer (R-Youngstown).

Aug 2, 2024, 00:00 AM by Jessica Salerno Shumaker

The proposed amendment says the state or local governments "shall not have the right or power to increase the taxable property value on any citizen's private property or properties," without the private property owner's agreement or consent.

Aug 2, 2024, 00:00 AM by Jessica Salerno Shumaker

Gov. Mike DeWine and Ohio Department of Development Director Lydia Mihalik announced $36.7 million in state tax credits will support 17 theatrical, television, and film production projects in Ohio.

Jul 26, 2024, 00:00 AM by Jessica Salerno Shumaker

Ohio will have an expanded sales tax holiday from 12 a.m. Tuesday, July 30 through 11:59 p.m. Thursday, Aug. 8.

Jul 26, 2024, 00:00 AM by Jessica Salerno Shumaker

This milestone demonstrates Ohio employers' demand for the skills needed to keep up with modern and future-forward technology.

Jul 26, 2024, 00:00 AM by Jessica Salerno Shumaker

Detailed planning can begin in earnest for the upcoming biennial budget cycle after the Office of Budget and Management published official guidance for FY26-27.

Jul 19, 2024, 00:00 AM by Jessica Salerno Shumaker

While Mr. B teaches kids their ABCs, this week he’s bringing updates on Beneficial Ownership Information and the Ohio Bureau of Workers’ Compensation.

Jul 19, 2024, 00:00 AM by Jessica Salerno Shumaker

Ohio was recently ranked fifth-highest among states for taxpayer return on investment by personal finance site WalletHub, leading all neighboring states.

Jul 19, 2024, 00:00 AM by Jessica Salerno Shumaker

The BWC announced Wednesday that registration has opened for the free, virtual Medical and Health Symposium it will host from Wednesday, Nov. 13 through Friday, Nov. 15.

Jul 17, 2024, 00:00 AM by Jessica Salerno Shumaker

Last summer, the Ohio Department of Taxation launched Project NextGEN to replace the current systems that administer Ohio’s individual and school district income taxes. The new system is scheduled to go-live on Sept. 5, 2023, and will provide a “banking experience” for taxpayers and tax professionals.

Jul 12, 2024, 00:00 AM by Jessica Salerno Shumaker

Shoppers, start your engines. Ohio’s expanded Sales Tax Holiday will take place from 12:00 a.m. Tuesday, July 30 until 11:59 p.m. Thursday, August 8.

Jul 12, 2024, 00:00 AM by Jessica Salerno Shumaker

Despite lagging tax revenues, investment earnings and underspending helped Ohio end the fiscal year with a $1.1 billion balance.

Jul 12, 2024, 00:00 AM by Jessica Salerno Shumaker

The Ohio Department of Transportation and DriveOhio recently announced the opening of two new vehicle charging stations built using federal funds through the National Electric Vehicle Infrastructure program.

Jul 9, 2024, 00:00 AM by Jessica Salerno Shumaker

Several members recently reached out to OSCPA concerning SDIT 2210 penalty and interest notices received by their farming and fishing clients and OSCPA secured guidance for impacted taxpayers and their CPAs.

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.