-
Feb 16, 2024
An ODT updated information release has been issued to clarify whether a consolidated elected taxpayer or combined taxpayer group must register and pay the commercial activity tax when total taxable gross receipts fall below certain thresholds.
-
Feb 14, 2024
The Ohio Supreme Court today issued a 5-2 decision in the Schaad v. Alder case, Slip Opinion No. 2024-Ohio-525, effectively denying impacted Ohio taxpayers from seeking a refund of municipal income tax paid to a municipality where they neither work nor live.
-
Feb 09, 2024
The oral arguments in the Schaad v. Alder case were held nearly one year ago on March 1, 2023. While we still await the Ohio Supreme Court’s decision determining whether taxpayers can obtain 2020 municipal income tax refunds, members can attend an upcoming municipal income tax symposium.
-
Feb 09, 2024
Tax revenues are down about half a percent for the fiscal year so far after another underperformance in January, but the overall revenue picture and sizable underspending leave Ohio’s budget on solid footing.
-
Feb 09, 2024
The fourth quarter 2023 commercial activity tax (CAT) return is due Feb. 12 for all CAT practitioners and taxpayers.
-
Feb 09, 2024
Feb. 20 is the voting registration deadline, with the primary election happening less than a month later on March 19.
-
Feb 09, 2024
The first ABO meeting of 2024 included discussions about future CPA pipeline and workforce development efforts, and how to best protect the public from current CPAs who fail to meet licensing requirements.
-
Feb 09, 2024
A report released recently by personal finance site WalletHub found Ohio has the 18th-highest amount of median student loan payments, at $192 per month.
-
Feb 02, 2024
On Wednesday evening, the U.S. House passed bipartisan tax legislation by a vote of 357 to 70 that would temporarily expand individual tax credits and revive several business tax breaks.
-
Feb 02, 2024
Lawmakers reviewing Ohio’s property tax system spent nearly two hours quizzing county auditors about the ins and outs of reappraisals, Board of Revision challenges, abatements and exemptions and potential reforms during a hearing Jan. 24.
-
Feb 02, 2024
Former president of the Ohio Senate and longtime Cincinnati civic leader Stanley Aronoff died Wednesday at the age of 91.
-
Feb 02, 2024
Gov. Mike DeWine's administration announced Monday the approval of tax credits for 15 mixed-use projects expected to create more than $401 million in new payroll and spur $2.6 billion in investments across the state.
-
Jan 26, 2024
In November, the Ohio Department of Taxation (ODT) mailed Verification of Income – Missing Ohio IT1040 letters to some taxpayers in error.
-
Jan 26, 2024
Ohio would phase out its income tax (on nonbusiness income) entirely and eliminate the Commercial Activity Tax (CAT) as well under plans announced Tuesday.
-
Jan 26, 2024
Bill Johnson has officially resigned to become the new president of Youngstown State University, leaving his seat vacant in the U.S. House of Representatives 6th District.
-
Jan 26, 2024
The Ohio Third Frontier Commission announced Wednesday it had approved $800,000 in grants through the Technology Validation and Start-up Fund, which will help four businesses bring new technology and innovative products to the workforce.
-
May 26, 2023
Senators Sherrod Brown, D-Ohio, and Bill Cassidy, R-Louisiana, are proposing to raise the reporting threshold on transactions from companies such as Airbnb, eBay, Etsy, PayPal and Venmo from $600 to $10,000 to save headaches for small businesses and individuals who work in the gig economy.
-
May 26, 2023
A number of OSCPA legislative priorities continue to move through the Ohio legislature, including House Bill 105—a measure that would limit notices and late filing penalties under R.C. 718.27.
-
Sep 16, 2022
Proponents of Issue 2 say the measure aims to stop local municipalities from allowing noncitizens to vote in elections. But is the ballot measure full of hidden language that restricts the right to vote for 17-year-olds and ties the hands of future legislatures on expanding voting registration?
-
Aug 05, 2022
Ohio voters turned out in record low numbers for the Aug. 2 primary where two Republican Ohio House challengers upset party-endorsed incumbents.