Advocacy

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

In November, the Ohio Department of Taxation (ODT) mailed Verification of Income – Missing Ohio IT1040 letters to some taxpayers in error.

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

Ohio would phase out its income tax (on nonbusiness income) entirely and eliminate the Commercial Activity Tax (CAT) as well under plans announced Tuesday.

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

Bill Johnson has officially resigned to become the new president of Youngstown State University, leaving his seat vacant in the U.S. House of Representatives 6th District.

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

The Ohio Third Frontier Commission announced Wednesday it had approved $800,000 in grants through the Technology Validation and Start-up Fund, which will help four businesses bring new technology and innovative products to the workforce.

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

On Tuesday, the chief tax writers in Congress announced a framework of a compromise tax bill that would temporarily expand individual tax credits and revive several business tax breaks.

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

The newly formed Joint Committee on Property Tax Review and Reform met for the first time on Jan. 10 to learn more about the current state of property taxation in Ohio. The committee was created as a part of HB33 (Edwards) to make recommendations on pending legislation related to property taxation.

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

The Governor's Office of Workforce Transformation recently updated the state's "Top Jobs" list as required every two years, providing new information on which occupations are in-demand or deemed critical.

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

The IRS recently announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax filing season when the IRS will begin accepting and processing 2023 tax returns.

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

While legislative efforts to either delay or suspend the Beneficial Ownership Information (BOI) reporting requirements remain ongoing, the Corporate Transparency Act (CTA) went into effect on Jan. 1, 2024, and the initial deadlines for filings will begin to come due 90 days into 2024.

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

Register now for these webinars in January to learn more about how these changes can affect your business.

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

The Personal Income Tax accounted for the shortfall, coming in $266.8 million or 28.4% below the estimate for the month.

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

House Democrats have selected Beryl Brown Piccolantonio, president of the Gahanna Jefferson Board of Education, to replace former Rep. Mary Lightbody (D-Westerville), who resigned her 4th House District seat on Jan. 9.

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

The DeWine administration announced Monday the Department of Development is now accepting proposals for the Innovation Hubs program, which provides $125 million for small and medium-sized Ohio cities to create hubs like the existing innovation districts in Columbus, Cleveland and Cincinnati.

Jan 7, 2024, 00:00 AM by Jessica Salerno Shumaker

Ohio's minimum wage increased Jan. 1, 2024 to $10.45 per hour for non-tipped employees and $5.25 per hour for tipped employees.

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

The Ohio Society of CPAs is partnering with the Ohio Department of Taxation to host a webinar on Wednesday, Jan. 24 covering Ohio individual and school district income tax updates. One hour of CPE will be provided

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.

May 26, 2023, 11:54 AM by Suzanne McCann-Perry

Senators Sherrod Brown, D-Ohio, and Bill Cassidy, R-Louisiana, are proposing to raise the reporting threshold on transactions from companies such as Airbnb, eBay, Etsy, PayPal and Venmo from $600 to $10,000 to save headaches for small businesses and individuals who work in the gig economy.

May 26, 2023, 11:53 AM by Suzanne McCann-Perry

A number of OSCPA legislative priorities continue to move through the Ohio legislature, including House Bill 105—a measure that would limit notices and late filing penalties under R.C. 718.27.

Sep 16, 2022, 16:34 PM by Suzanne McCann-Perry

Proponents of Issue 2 say the measure aims to stop local municipalities from allowing noncitizens to vote in elections. But is the ballot measure full of hidden language that restricts the right to vote for 17-year-olds and ties the hands of future legislatures on expanding voting registration?