The former Ohio Tax Commissioner offered this advice to CPAs on tax developments in the new year: be prepared for anything.

Behind every CPA is a story of determination, hard work and opportunity. But for many talented accounting students in Ohio, financial obstacles stand in the way of their dreams.

On Dec. 3 the U.S. District Court for the Eastern District of Texas suspended nationwide the implementation of the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements.

OSCPA proposed law changes to CPA licensure and the Ohio Business Gateway deadline were the most popular stories in November.

Ohio’s economic future is at risk as 65% of the state’s CPAs approach retirement. OSCPA is tackling this urgent talent shortage with “Look Beyond,” a campaign designed to attract students and professionals to accounting careers, address workforce gaps and expand access to the profession.

Sen. Rob McColley (R-Napoleon) will serve as Senate president in the 136th General Assembly, while Sen. Nickie Antonio (D-Lakewood) will remain minority leader, after both caucuses met and chose their leadership for the next session.

Ohio Business Gateway users only have one more week to act before Dec. 2 – that’s when multi-factor authentication becomes an OH/ID login requirement for the OBG.

This is the second application period where OSCPA members can take advantage of our recent partnership with MAX Technical Training by enrolling in TechCred-approved courses that are also eligible for CPE credits.

College students with plans to pursue accounting recently received recognition and support from The Ohio CPA Foundation and various accounting organizations.

As fraud risks continue to evolve, often the approaches we need to take to fight fraud evolve as well.

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.

For professionals navigating a changing business environment, one CPA said accountants shouldn’t be afraid to embrace change while feeling confident about their expertise.

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.

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.

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.

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.

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.

With remote work reshaping professional norms, firms must remain aware of the data security risks associated with external work environments.

Texas, the third largest state in terms of CPA licensees, has introduced legislation this week to offer an alternative pathway to licensure.

Constantly learning from others and being open to feedback is vital to growing in your career, says one chief accounting officer.