Latest News:

  • Mar 07, 2025

    WEEK IN REVIEW: March 9, 2025

    A summary of Ohio's legislative news for the week ending March 7, 2025.
  • Mar 06, 2025

    Treasury Department suspends enforcement of Corporate Transparency Act

    In a March 2 update, the Treasury Department announced that with respect to the Corporate Transparency Act, it will not enforce any penalties or fines associated with the BOI reporting rule under the existing regulatory deadlines.
  • Feb 28, 2025

    FinCEN to extend BOI reporting deadline, halts enforcement and fines

    FinCEN will extend the current March 21 BOI reporting deadline, has suspended BOI enforcement and fines and will develop new regulations it says will reduce "regulatory burden," the agency said on Feb. 27.
  • Feb 28, 2025

    Property tax reform bills receive committee hearings

    With the Ohio legislature expected to have over 30 property tax reform bills introduced, hearings have begun on some of the proposals in both the House and Senate Ways & Means Committees.
  • Feb 28, 2025

    Week in Review: March 2, 2025

    The DeWine administration announced Feb. 27 that Ohio's fourth innovation hub will be in Youngstown and has a focus on additive manufacturing technology -- also known as 3-D printing -- that supports the national defense industry.
  • Feb 27, 2025

    OSCPA Town Hall covers Ohio’s biennial budget priorities

    Ohio’s biennial budget is in full swing, and the Feb. 20 OSCPA Town Hall provided an overview of the provisions under consideration and how Gov. DeWine’s last budget proposal of his term aligns with the OSCPA’s legislative agenda.
  • Feb 21, 2025

    Take Action: BOI Filings due March 21, urge U.S. Senate to delay until 2026

    FinCEN has announced that the new beneficial ownership information reporting deadline is March 21, 2025. AICPA and the state societies continue to urge FinCEN to grant a longer extension period than a 30-day filing extension.
  • Feb 21, 2025

    Ohio House Ways & Means hears ODT’s budget proposals

    The Ohio House Ways & Means Committee heard testimony from Tax Commissioner Patricia Harris on Feb. 19 as she presented the Ohio Department of Taxation’s budget proposals.
  • Feb 21, 2025

    Week in Review: Feb. 23, 2025

    A summary of Ohio's legislative news for the week ending Feb. 21, 2025.
  • Feb 20, 2025

    AICPA, NASBA recognize Ohio’s leadership as they propose additional path to CPA licensure, individual mobility

    The AICPA and NASBA are proposing changes to the UAA that would help pave the way for states to uniformly adopt an additional pathway for CPA licensure. Ohio was recognized as being the first to adopt legislation that includes licensure pathway and mobility changes.
  • Feb 14, 2025

    Take another ride on the BOI roller coaster

    With the U.S. Supreme Court lifting the nationwide injunction on Jan. 23 in the Texas Top Cop Shop case, the Samantha Smith case remains the only and last active nationwide injunction blocking the Corporate Transparency Act and its beneficial ownership information reporting requirement from being enforced.
  • Feb 14, 2025

    Ohio Ballot Board approves Public Works Amendment as Issue 2

    Members of the Ohio Ballot Board on Feb. 11 unanimously approved the public works constitutional amendment language that will be considered by voters this spring.
  • Feb 14, 2025

    Register now for the Feb. 20 OSCPA Town Hall

    Register for the Feb. 20 Town Hall hosted by OSCPA President & CEO Laura A. Hay, CPA, CAE. This session features Tom Zaino, JD, CPA, and Greg Saul, Esq., CAE, who will provide insights on what to expect from the Ohio budget bill and its impact on the profession.
  • Feb 14, 2025

    Week in Review: Feb. 16, 2025

    A summary of Ohio's legislative news for the week ending Feb. 14, 2025.
  • Feb 07, 2025

    Ohio House passes tax conformity legislation

    The Ohio Society of CPAs on Feb. 5 testified as a proponent to the House Ways & Means Committee on House Bill 14, the annual federal/state tax conformity legislation. Later that afternoon, the Ohio House unanimously passed the legislation by a 93-0 vote.
  • Feb 07, 2025

    DeWine’s budget proposal features sin tax hikes to fund new programs

    Gov. Mike DeWine on Feb. 3 announced his FY 2026-2027 executive budget proposal, and higher taxes on tobacco, sports gambling and adult use cannabis would pay for several new programs.
  • Feb 07, 2025

    January revenues come in above estimates

    According to preliminary data released Feb. 6 by the Office of Budget and Management (OBM), total General Revenue Fund (GRF) tax receipts came in $172.5 million, or 6.6%, above estimates in January.
  • Feb 07, 2025

    Week in Review: Feb. 9, 2025

    A summary of Ohio's legislative news for the week ending Feb. 7, 2025.
  • Jan 24, 2025

    ODT hosts Ohio Virtual Tax Academy for Practitioners

    The Ohio Department of Taxation (ODT) hosted its Ohio Virtual Tax Academy (OVTA) on Jan. 15 with a focus on the tax practitioner community. Several resources were provided during the presentations that members may find valuable as we head into the 2025 tax filing season.
  • Jan 19, 2025

    Week in Review: Jan. 19, 2025

    The DeWine administration and defense technology company Anduril Industries announced Thursday the company had selected Pickaway County as the site for an advanced manufacturing facility that will bring over 4,000 new production and service jobs to the state by 2035.