Latest News:

  • Nov 03, 2023

    OSCPA urges DOL to withdraw proposed overtime changes

    OSCPA has signed a letter asking U.S. Senate and House members to urge the Department of Labor to withdraw its proposed changes to the regulations governing the “white collar” employee exemptions to federal overtime pay requirements under the Fair Labor Standards Act.
  • Nov 03, 2023

    Two OSCPA members appointed to the Accountancy Board

    Gov. Mike DeWine has appointed two OSCPA members to the Accountancy Board who also previously sat on OSCPA’s Board of Directors.
  • Nov 03, 2023

    Week in Review: Nov. 5, 2023

    Gov. Mike DeWine's administration announced Monday the approval of assistance for three projects expected to create 2,247 new jobs and retain 63 jobs statewide.
  • Oct 27, 2023

    Reminder: Changes are coming soon to Ohio's Commercial Activity Tax

    As a result of the recent passage of Am. Sub. H.B. 33 of the 135th Ohio General Assembly, beginning in 2024, businesses with taxable gross receipts of $3 million or less and, for tax periods beginning in 2025 and thereafter, businesses with taxable gross receipts of $6 million or less will no longer be subject to the CAT.
  • Oct 27, 2023

    Don’t forget to vote in Nov. 7 election

    With the Nov. 7 election getting closer, you have the chance to still vote early or submit an absentee ballot.
  • Oct 22, 2023

    Week in Review: Oct. 22, 2023

    The DeWine administration announced Monday that a new skills-based search function will help people applying for jobs in state government find positions based on specific experiences, skills and training rather than just academic degrees.
  • Oct 20, 2023

    OSCPA Town Hall discusses reframing accounting profession’s story

    OSCPA is doing its part to amplify and promote the true story of the accounting profession.
  • Oct 13, 2023

    Tax revenues on target for September

    Better than expected collections in non-auto sales tax offset small dips in other sources to yield tax collections slightly above expectations in September, according to preliminary data from the Office of Budget and Management.
  • Oct 13, 2023

    How to claim Ohio’s resident tax credit for the SALT cap deduction from other states

    Last year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.
  • Oct 13, 2023

    Week in review: Oct. 15, 2023

    The DeWine administration announced Friday that 51 communities will receive more than $10.6 million to support community development projects around Ohio through a federal block grant program.
  • Oct 13, 2023

    IRS announces tax relief for those impacted by terrorist attacks in Israel

    Late Friday, the IRS announced tax relief for certain individuals and businesses affected by the terrorist attacks in Israel. These taxpayers now have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions.
  • Oct 06, 2023

    Newly reduced Ohio Employer Withholding Tables available now

    This tax alert is to advise employers that the Ohio Department of Taxation has issued new employer withholding tables to be used for payrolls that end on or after Nov. 1, 2023.
  • Oct 06, 2023

    OSCPA urges Congress to support accounting as STEM

    OSCPA is asking its federal representatives to support bicameral legislation in Congress and the U.S. Senate to incorporate accounting education into the STEM curricula for K-12 students.
  • Oct 06, 2023

    OSCPA, others ask DOL for more comment time on overtime regulations

    OSCPA is advocating for Ohio CPAs and has joined more than 100 other employer organizations in signing a letter expressing concerns that the recent overtime pay regulations could have a significant impact on younger white-collar professionals.
  • Oct 06, 2023

    Week in Review: Oct. 8, 2023

    The Ohio Department of Development announced Tuesday it is seeking additional partners in the Columbus, Cincinnati, Cleveland, Dayton, and Toledo regions to serve as Tier 1 Minority Business Assistance Centers, helping entrepreneurs and emerging business owners.
  • Sep 29, 2023

    New sales and use tax information release

    A new information release has been issued that summarizes the sales tax exemption for baby products.
  • Sep 29, 2023

    Gov. DeWine, Lt. Gov. Husted announce significant word reduction in Ohio Administrative Code through Updated Building Codes

    The adoption of these rules, and significant removal of duplicative language, is part of an overall plan announced by the Administration in January 2023 to eliminate one-third of the Ohio Administrative Code.
  • Sep 29, 2023

    Week in Review: Oct. 1, 2023

    The DeWine administration and Ohio Department of Development (DOD) announced Monday that the $600 million onshoring grant to support Intel's manufacturing campus had been disbursed, saying it shows the state is delivering on its commitments.
  • Sep 22, 2023

    How to claim Ohio’s resident tax credit for the SALT cap deduction from other states

    Last year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.
  • Sep 22, 2023

    Week in Review: Sept. 24, 2023

    Joby Aviation Inc. announced plans Monday to build an electric air taxi manufacturing facility at Dayton International Airport, creating 2,000 new jobs in the region.