-
Aug 09, 2024
State tax collections reached $2.1 billion in July, the first month of FY25, according to preliminary figures released Thursday by the Office of Budget and Management.
-
Aug 09, 2024
his group will provide feedback and participate in testing. On-site system testing is planned for the last few weeks of September, with multiple dates and times available.
-
Aug 02, 2024
August 1st is already in the rearview mirror, and members may not have noticed any changes when utilizing their OH/ID logins for the Ohio Business Gateway.
-
Aug 02, 2024
The proposed amendment says the state or local governments "shall not have the right or power to increase the taxable property value on any citizen's private property or properties," without the private property owner's agreement or consent.
-
Jul 26, 2024
Ohio will have an expanded sales tax holiday from 12 a.m. Tuesday, July 30 through 11:59 p.m. Thursday, Aug. 8.
-
Jul 25, 2024
Real estate investors and CPAs should understand the benefits of cost segregation studies to leverage IRS guidelines and maximize depreciation deductions.
-
Jul 19, 2024
While Mr. B teaches kids their ABCs, this week he’s bringing updates on Beneficial Ownership Information and the Ohio Bureau of Workers’ Compensation.
-
Jul 19, 2024
Ohio was recently ranked fifth-highest among states for taxpayer return on investment by personal finance site WalletHub, leading all neighboring states.
-
Jul 17, 2024
Last summer, the Ohio Department of Taxation launched Project NextGEN to replace the current systems that administer Ohio’s individual and school district income taxes. The new system is scheduled to go-live on Sept. 5, 2023, and will provide a “banking experience” for taxpayers and tax professionals.
-
Jul 12, 2024
Despite lagging tax revenues, investment earnings and underspending helped Ohio end the fiscal year with a $1.1 billion balance.
-
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.
-
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.
-
Dec 11, 2022
With new and more efficient technologies simplifying the accounting process, tax duties are shifting to a proactive instead of reactive approach with clients.
-
Dec 02, 2022
Attend the Summary and Analysis of the Inflation Reduction Act of 2022 on Sept. 26 to learn more.
-
Aug 11, 2022
Cybersecurity is essential for everyone, but it’s also unique to the individual, said one security expert. “One of the areas of confusion for cybersecurity is that it’s one size fits all,” said Jake Nix, founder & CEO of RISCPoint at the Aug. 4 OSCPA Town Hall. “And realistically, cybersecurity means different things to different organizations.”
-
Jul 29, 2022
Democrats may be shocked by the last-minute tax deal announced by Sen. Joe Manchin and Majority Leader Chuck Schumer, but it is nevertheless a far cry from the sprawling slate of tax increases they had once hoped to approve.
-
Jul 29, 2022
OSCPA plans to file an amicus brief on Aug. 15 to support taxpayers in their efforts to obtain 2020 refunds based on the Society's position that taxing persons who neither work nor live in a jurisdiction is unconstitutional.
-
Mar 20, 2022
In case you missed them, here are some recent interesting tax news items from around the web.
-
Mar 20, 2022
Taxpayers can still speak with a telephone representative if needed.
-
Feb 04, 2022
Make plans to use your downtime in the slower months to take online Ohio CPE courses to grow your knowledge. Read on some tips for surviving tax season.