Around the Horn: Government Relations Updates

ODT eServices: Since the Ohio Department of Taxation (ODT) launched the second phase of OH | Tax eServices on Dec. 9, the ODT has been issuing FAQs as questions have arisen.

This week, ODT provided several answers to common questions about Ohio's employer withholding and school district withholding filings – available here. 

The ODT had previously provided answers to FAQs asked during an OSCPA webinar in late October – available here.    

BOI reporting: Despite the ongoing litigation over several conflicting court cases and injunctions around the country, the BOI reporting requirement is still on hold.  

As of Jan. 24, the FinCEN website says, “In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.”

RITA webinar: The Regional Income Tax Agency (RITA) held its annual municipal income tax webinar on Jan. 24. An archived version of the presentation and a copy of the slides are available here.

Topics included new features such as secure document upload and eBilling; individual tax updates and examples for both Form 37 and Form 10A; and business updates including Form 27 (Ohio R.C. 718.021 election) and W-2 reporting requirement changes and file layout explanations.