Latest News:

  • Apr 02, 2021

    Three Ohio congressional reps fighting for tax filing and payment extensions for everyone

    Such a change would streamline tax filings, help ensure tax compliance and help ease the burden of millions of small businesses and other taxpayers.
  • Apr 01, 2021

    OSCPA-supported tax conformity legislation signed into law

    Governor Mike DeWine on Wednesday signed Senate Bill 18 into law, which ensures that expenses paid with forgiven Paycheck Protection Plan loans become deductible for state income tax purposes.
  • Apr 01, 2021

    March Top Ten: Legislative updates dominate March

    Last month, CPA Takeaways readers were most interested in legislative updates regarding the tax deadline extension. Members also enjoyed reading about COVID-related relief bills and tax conformity.
  • Mar 26, 2021

    U.S. Senate passes PPP Extension Act of 2021

    The Senate voted Thursday to move the Paycheck Protection Program application deadline from March 31 to May 31.
  • Mar 26, 2021

    Week in review, March 28, 2021

    The Auditor of State's Office released Thursday the results of the first year of its Star Rating System which grades public entities on their compliance with public records law.
  • Mar 25, 2021

    CPAs secure wins on tax conformity, state income tax deadline

    Ohio CPAs secured victories on two pressing issues March 24, as the Legislature approved a tax conformity bill, and the state moved its tax deadline to May 17.
  • Mar 19, 2021

    Week in Review: March 21, 2021

    Vaccine eligibility expanded to those age 40 and up on Friday, March 19 and will open to all Ohioans over the age of 16 starting Monday, March 29.
  • Mar 19, 2021

    DeWine signs OSCPA-supported Senate Bill 13 into law

    Gov. Mike DeWine recently signed into law Senate Bill 13, which shortens the period of limitations for actions upon a contract, makes changes to the borrowing statute pertaining to applicable periods of limitations and establishes a statute of repose for a legal malpractice action.
  • Mar 18, 2021

    Ohio tax conformity talks grind on

    The Ohio House Ways & Means Committee on March 16 held its fifth hearing on tax conformity legislation – Senate Bill 18 – but did not vote on the bill.
  • Mar 12, 2021

    House members reach deal to extend PPP for small business

    Bipartisan House lawmakers on March 11 announced a deal to extend the Paycheck Protection Program for two months, ensuring funds will reach small businesses beyond March 31.
  • Mar 12, 2021

    Week in review: March 14, 2021

    The House Ways and Means Committee this week heard opponent and interested party testimony Wednesday on legislation that would modify the municipal income withholding rules for COVID-19-related work-from-home employees.
  • Mar 05, 2021

    Week in review: March 7, 2021

    All of the Ohio Department of Health's coronavirus-related public health orders will be removed when the state begins to see 50 cases per 100,000 population for two weeks, Gov. Mike DeWine.
  • Mar 05, 2021

    AICPA asks for PPP, tax filing deadline extensions

    The AICPA has asked Congress to extend the Paycheck Protection Program’s March 31 application deadline at least 60 days and the IRS and the Department of the Treasury to extend the April 15 tax filing and payment deadline to June 15.
  • Mar 04, 2021

    Legislature announces nearly $2 billion in relief bills

    The Ohio Senate on Tuesday announced four bills totaling more than $1.9 billion in federal funding. This relief is in addition to the previous approval of more than $2.5 billion in funding to Ohio communities and schools as a result of the pandemic.
  • Feb 26, 2021

    Week in review: Feb. 28, 2021

    The House Finance Higher Education Subcommittee received budget testimony from the Ohio Attorney General's Office Wednesday, with Director of Policy and Legislation Mike Rodgers requesting additional changes in state law be enacted through HB110.
  • Feb 25, 2021

    OSCPA testifies in support of PPP deductibility, PTE withholding rate reduction

    OSCPA on Tuesday testified before the Ohio House Ways & Means Committee advocating for tax conformity legislation – S.B. 18 – that will, among other things, ensure Ohio’s deductibility of forgiven PPP loan expenses, and exclude Bureau of Workers’ Compensation dividends from the Commercial Activity Tax.
  • Feb 25, 2021

    PPP rules change to reach small businesses

    President Joseph Biden this week changed the Paycheck Protection Program application eligibility to only allow businesses with fewer than 20 employees to apply for two weeks, ending on March 9.
  • Feb 19, 2021

    Week in Review: Feb. 21, 2021

    Ohio's third planned "innovation district" was announced by Gov. Mike DeWine, Lt. Gov. Jon Husted and Central Ohio leaders Wednesday, following similar announcements for Cleveland in January and Cincinnati in March 2020.
  • Feb 19, 2021

    March 1 registration deadline approaching

    The deadline to register with the Ohio Department of Taxation to administer businesses’ municipal net profit tax filings and payments for the 2021 tax year is almost here.
  • Feb 18, 2021

    OSCPA leads federal-level effort to address BWC dividend issues

    A group of 13 top business and trade associations – led by The Ohio Society of CPAs – on Wednesday sent a letter to Ohio’s Congressional delegation asking them to address issues surrounding 2020 Ohio Bureau of Workers’ Compensation dividends.