Latest News:

  • Dec 15, 2023

    Urgent member action needed for U.S. Senate to delay BOI reporting requirements

    Please urge your two U.S. Senators to extend the filing deadline that Congress recently passed in H.R. 5119, the Protect Small Business and Prevent Illicit Financial Activity Act.
  • Dec 15, 2023

    Major changes coming to the CAT

    The Commercial Activity Tax will undergo major changes on Jan. 1, 2024, and again on Jan. 1, 2025. Annual and quarterly CAT taxpayers who anticipate having less than $3 million in taxable gross receipts in tax year 2024, should act now and cancel their CAT account immediately with an effective date of Dec. 31, 2023.
  • Dec 15, 2023

    ODT outlines impending changes to certified mail procedures

    The Ohio Department of Taxation has issued a new information release that details changes to certified mail procedures that will become effective Jan. 1, 2024.
  • Dec 15, 2023

    Politicos on the Move: Dec. 17, 2023

    State Rep. Reggie Stoltzfus, a Stark County Republican, intends to run next year for Ohio’s 6th Congressional District.
  • Dec 15, 2023

    Week in Review: Dec. 17, 2023

    The DeWine administration and JobsOhio announced Monday payment processing solutions provider Worldpay will reestablish its global corporate headquarters in the Cincinnati area, creating more than 500 new jobs and $56 million in associated payroll to the region while retaining 971 jobs and $93 million in existing payroll.
  • Dec 10, 2023

    Week in Review: Dec. 10, 2023

    Moody's Investor Service bumped Ohio's issuer rating to Aaa from Aa1, the DeWine administration said Friday.
  • Dec 08, 2023

    ODT sending notices related to refundable EPTE tax credit and add-back

    A few members recently contacted OSCPA and said that the Ohio Department of Taxation has begun sending notices to taxpayers who are investors in electing pass-through entities – those who filed the IT 4738.
  • Dec 08, 2023

    FY24 surplus nears quarter billion

    The state collected about $26.1 million or 1% more in taxes during November than expected, according to preliminary figures from the Office of Budget and Management.
  • Dec 08, 2023

    Gov. DeWine announces official launch of the Governor’s Merit Scholarship Program

    Gov. Mike DeWine, in collaboration with the Ohio Department of Higher Education, announced the official launch of the Governor’s Merit Scholarship Program.
  • Dec 08, 2023

    Politicos on the Move: Dec. 10, 2023

    Brian Chavez has been appointed by Ohio Senate Republicans to finish the remainder of now ex-state Sen. Frank Hoagland’s term in Senate District 30.
  • Dec 01, 2023

    New Ohio Homebuyer Plus savings program to launch in January

    Ohio Gov. Mike DeWine, Lt. Gov. Jon Husted, and Treasurer Robert Sprague on Nov. 28 announced details of the Ohio Homebuyer Plus program, a new savings account plan designed to encourage homeownership in Ohio.
  • Dec 01, 2023

    Training available for women interested in running for political office

    Register by this Tuesday, Dec. 5 to sign up for a one-day nonpartisan campaign training conference next week for women interested in running political campaigns.
  • Dec 01, 2023

    Politicos on the Move: Dec. 3, 2023

    Ron Antal, CPA, has been elected Mayor of the Village of Boston Heights. Antal, a long-time OSCPA member, is also the Managing Director of RCG Tax Partners, a consulting firm based in Stow.
  • Dec 01, 2023

    Week in Review: Dec. 3, 2023

    According to Secretary of State Frank LaRose, Ohio business owners showed up in October, submitting 14,448 new filings for the month -- an increase of more than 400 businesses compared to filings from October 2022.
  • Nov 22, 2023

    IRS announces delay in Form 1099-K reporting threshold for third-party platform payments for 2023

    Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the IRS released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for calendar year 2023.
  • Nov 22, 2023

    Free webinar on developing a WISP on Nov. 30

    The IRS is offering a free webinar on developing a Written Information Security Plan (WISP) next week.
  • Nov 17, 2023

    California passes greenhouse gas emissions law that could impact Ohio companies

    A new climate law in California will require companies with annual revenues of $1 billion or more to report both their direct and indirect greenhouse gas emissions starting in 2026 and 2027.
  • Nov 17, 2023

    Politicos on the Move: Nov. 19, 2023

    Rep. Bill Johnson (R-Ohio) is being considered as the next president of Youngstown State University. Johnson represents the 6th Congressional District.
  • Nov 17, 2023

    Week in Review: Nov. 19, 2023

    The DeWine administration announced guidelines for its $125 million innovation hubs program, with communities able to submit proposals beginning Jan. 5, 2024. The program is targeted for small and medium-sized Ohio cities, as Columbus, Cincinnati and Cleveland already have innovation districts.
  • Nov 12, 2023

    Week in Review: Nov. 12, 2023

    Ohio was ranked 10th nationally among "most charitable states," according to a report released Monday by personal finance site WalletHub.