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  • Cost segregation is the most powerful tax tool for real estate

    Nov 21, 2024, 00:00 AM by Jessica Salerno Shumaker
    Most developers and owners with real property used in a trade or business or that is income-producing can save on income taxes and increase cash flow by accelerating depreciation deductions on commercial buildings.
    Full story
  • How CPAs can leverage their expertise while modernizing their business

    Nov 21, 2024, 00:00 AM by Jessica Salerno Shumaker
    For professionals navigating a changing business environment, one CPA said accountants shouldn’t be afraid to embrace change while feeling confident about their expertise.
    Full story
  • OSCPA encourages release of CHIPs funding

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    OSCPA joined the Ohio Chamber of Commerce and other business groups this week to send a letter to President Joe Biden and the U.S. Department of Commerce urging the immediate release of CHIPS and Science Act funding.
    Full story
  • Beneficial Ownership Information updates and resources

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    Ohio is among the 47 states that have not weighed in on the unauthorized practice of law issue concerning the upcoming beneficial ownership information reporting requirement.
    Full story
  • U.S. District Court invalidates new DOL overtime rule

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    The U.S. District Court for the Eastern District of Texas issued its ruling Nov. 15 invalidating the entirety of the Department of Labor’s overtime rule, a decision supported by The Partnership to Protect Workplace Opportunity, of which OSCPA is a member.
    Full story
  • Ohio Business Gateway deadline, more resources now available

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    Ohio Business Gateway users only have two more weeks to act before Dec. 2 – that’s when multi-factor authentication becomes an OH/ID login requirement for the OBG.
    Full story
  • OSCPA proposes law changes to CPA licensure

    Nov 15, 2024, 00:00 AM by Jessica Salerno Shumaker
    For over two years, we have been listening and learning from our members and collaborating with other state partners about the outdated and counterproductive policies that currently govern CPA licensing laws in our state.
    Full story
  • Texas files legislation to add bachelor’s degree education pathway

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Texas, the third largest state in terms of CPA licensees, has introduced legislation this week to offer an alternative pathway to licensure.
    Full story
  • Don’t miss out on CPE before the end of the year!

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Make sure you know where to look for On-Demand CPE in the OSCPA learning catalog as the calendar year draws to a close.
    Full story
  • Data security vulnerabilities due to remote or hybrid work

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    With remote work reshaping professional norms, firms must remain aware of the data security risks associated with external work environments.
    Full story
  • Lifelong learning and listening are key to career success

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Constantly learning from others and being open to feedback is vital to growing in your career, says one chief accounting officer.
    Full story
  • Tax collections on target for October

    Nov 14, 2024, 00:00 AM by Jessica Salerno Shumaker
    Variances in major tax sources balanced out to an on-target revenue haul in October, according to preliminary figures from the Ohio Office of Budget and Management.
    Full story
  • Lawmakers expect lighter lame duck, leaner budget

    Nov 8, 2024, 00:00 AM by Jessica Salerno Shumaker
    A panel of lawmakers Nov. 7 said they don’t expect a busier than usual lame duck session, and, looking forward to next year’s budget cycle, expect to have a leaner budget due to the end of pandemic-era federal money and lower revenues.
    Full story
  • October Top 10

    Nov 7, 2024, 00:00 AM by Jessica Salerno Shumaker
    The Ohio Business Gateway and November election proved to be popular topics for members in October.
    Full story
  • Financial literacy is key for client relationships

    Nov 7, 2024, 00:00 AM by Jessica Salerno Shumaker
    Business owners might not fully understand their financial reports, allowing CPAs to play a crucial role in bridging that knowledge gap to build trust and improve financial literacy.
    Full story
  • CPA Voice: Varied pathways can lead to success for accounting longevity

    Nov 7, 2024, 00:00 AM by Jessica Salerno Shumaker
    Accounting offers an exciting and fulfilling career, but for the pipeline to grow, multiple pathways need to be made available for those looking to enter and flourish in the profession.
    Full story
  • Ohio CPA/PAC Preferred candidates successful on Election Day

    Nov 7, 2024, 00:00 AM by Jessica Salerno Shumaker
    Ohio CPA/PAC’s Board evaluated hundreds of candidates for the Ohio House and Ohio Senate before giving 91 of them PAC Preferred status earlier in the fall. Of those, all but three candidates were successful.
    Full story
  • Remember to vote on Tuesday!

    Nov 1, 2024, 00:00 AM by Jessica Salerno Shumaker
    If you haven’t cast your vote yet for the 2024 General Election, your last chance to do so is this Tuesday.
    Full story
  • ODT sent errant refunds; seeking money back

    Nov 1, 2024, 00:00 AM by Jessica Salerno Shumaker
    ODT recently informed OSCPA that a small number of taxpayers received refunds or increases to credit carryforward amounts that should not have occurred.
    Full story
  • CPA Voice: Cultivating a positive workplace

    Oct 31, 2024, 00:00 AM by Jessica Salerno Shumaker
    Spending intentional time on DEI efforts can lead organizations to create more positive and collaborative environments.
    Full story
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