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Sep 07, 2024
OSCPA reported that several individual states, including Ohio, are seriously exploring a variety of licensure reforms on their own to tackle the shrinking CPA pipeline.
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Sep 06, 2024
The OBG on September 5 implemented a targeted enhancement for CPAs to simplify and streamline the User Access Request process within the OBG Portal.
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Sep 06, 2024
The Public Utilities Commission of Ohio highlighted Intel's projected 20-year, $20 billion contribution to state economic goals and Ohio Consumers' Counsel backing Wednesday in approving discounted electric rates for the company's future semiconductor facilities in Central Ohio.
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Jun 14, 2024
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.
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Jun 14, 2024
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.
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Jun 14, 2024
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.
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Jun 14, 2024
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.
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Jun 14, 2024
Months after the House adopted a project wish list for the one-time capital funding pool established in the biennial budget, the Senate introduced SB288 (Dolan) on Monday that includes a plan for all $700 million set aside in HB33 (Edwards).
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Jun 07, 2024
Governor Mike DeWine on May 31 announced the 2024 expanded Sales Tax Holiday will take place from 12:00 a.m. Tuesday, July 30 until 11:59 p.m. Thursday, August 8.
In conjunction with the Ohio General Assembly, Governor DeWine expanded the length of Ohio’s Sales Tax holiday to 10 days and will allow tax-free purchases made in-person or online on all eligible items of up to $500.
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Jun 07, 2024
New Ohio Employer Withholding Rates: The Ohio Department of Taxation has issued new employer withholding tables for payrolls that end on or after July 1, 2024. The new tables include the income tax rate reductions that went into effect when House Bill 33 (135th General Assembly) was signed into law on July 4, 2023.
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Jun 07, 2024
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).
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May 10, 2024
The Federal Trade Commission (FTC) issued its final rule on April 23 banning virtually all noncompete agreements covering workers in the United States. Absent a successful court challenge, the rule will go into effect Sept. 4, 2024.
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May 10, 2024
On May 9, the Partnership to Protect Workplace Opportunity, of which OSCPA is a member, sent a letter to the Department of Labor urging them to delay until at least Sept. 1, 2024, the first increase to the minimum salary threshold under the DOL’s new overtime final rule.
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May 10, 2024
The Ohio Society of CPAs government relations team has already hosted three guest speakers during the live portion of the Advance sessions, with one more still on tap for May 14.
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May 03, 2024
Around the country at the state and national levels, discussions continue to take place about potential licensure improvements that will achieve the collective goal of increasing the number of licensed CPAs entering the accounting profession and increasing the number of experienced CPAs who stay in the accounting profession.
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May 03, 2024
As the Joint Committee on Property Tax Review and Reform looks at potential solutions to rising property taxes around the state, one witness told the committee on April 24 that decoupling property taxes from the Fair School Funding Plan "may have very bad consequences," a notion backed by Ohio school officials.
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May 03, 2024
The Accountancy Board of Ohio (ABO), the state government entity charged with licensing, regulating, and when necessary, disciplining CPAs, can significantly affect the practice of all CPAs. That is why OSCPA represents the profession at every ABO meeting and advocates for best-practice rulemaking. This meeting included a variety of topics.
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May 03, 2024
Last week in House session, the Democrats selected Rep. Dani Isaacsohn (D-Cincinnati) as their new minority whip, following the departure of Rep. Jessica Miranda to become Hamilton County auditor in the wake of former Rep. Brigid Kelly’s death.
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May 03, 2024
Gov. Mike DeWine and Ohio Department of Development Director Lydia Mihalik Wednesday announced the awarding of more than $154 million in grants to fund economic development projects in Ohio's Appalachian region as they made stops in McArthur and Chillicothe.
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May 02, 2024
OSCPA reached out directly last week to Ohio’s 15 members of the U.S. House of Representatives and two U.S. senators to ask them to support legislation that incorporates accounting education into the STEM curricula for K-12 students. This effort is part of OSCPA’s broader goal of increasing the pipeline of future Ohio CPAs.