Latest News:

  • Mar 26, 2023

    Week in Review: March 26, 2023

    Lt. Gov. Jon Husted announced Monday that 345 employers were approved for funding in the January round of TechCred, which will enable Ohioans to earn 4,237 tech-focused credentials.
  • Mar 23, 2023

    Your input wanted: How much time should candidates have to pass the CPA Exam?

    The number of accounting majors is down and accounting majors who opt to sit for the CPA Exam are lower still. While this is far from the only change needed, one proposed solution seeks to ease the testing burden on those sitting for the CPA Exam by providing more time.
  • Mar 23, 2023

    OSCPA priority bills introduced, scheduled for hearings

    Several OSCPA-supported legislative priorities were recently introduced as House bills and are scheduled for hearings in the Ohio House Ways & Means Committee, covering late filing fees, muni net profits tax and more.
  • Mar 23, 2023

    U.S. Senate introduces bill to address Sec. 174 R&E expensing

    The U.S. Senate introduced legislation, S.866, on March 16 to enhance tax benefits for research activities. The bill was referred to the Senate Finance Committee.
  • Mar 23, 2023

    ODT seeks OSCPA members for usability study

    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.
  • Mar 19, 2023

    Week in Review: March 19, 2023

    JobsOhio President and CEO J.P. Nauseef also credited the Legislature's passage of megaproject provisions in attracting Intel, Honda, Ford and Medpace projects, and said JobsOhio is having "active discussions" on 16 potential megaprojects that are in the pipeline for this year.
  • Mar 17, 2023

    OSCPA-supported state-federal tax conformity bill now law

    Gov. Mike DeWine signed Senate Bill 10 into law on Wednesday, the annual federal/state tax conformity legislation. It took effect immediately upon his signature.
  • Mar 17, 2023

    Ohio Department of Taxation testifies on state tax proposals

    Tax Commissioner Patricia Harris gave the Ohio House Finance Subcommittee an overview of tax proposals Gov. Mike DeWine has made through the budget, including a tax exemption of $2,500 per child and a sales tax exemption for critical infant supplies
  • Mar 12, 2023

    Week in Review: March 12, 2023

    The Ohio Department of Development announced Tuesday it was awarding $17.5 million to rehabilitate and restore eight historic buildings, expected to leverage approximately $118 million in private investment for those projects.
  • Mar 10, 2023

    Questions answered on popular IT 4738 Form

    The OSCPA webinar on the new IT 4738 Form proved popular Thursday as participants had a steady stream of questions and comments during the presentation.
  • Mar 10, 2023

    Tax collections up $124M for February, $774M for FY23

    Surplus tax revenue for FY23 now totals nearly three-quarters of a billion dollars after another over-estimate month for collections in February, according to preliminary data from the Office of Budget and Management.
  • Mar 05, 2023

    Week in Review: March 5, 2023

    Gov. Mike DeWine's administration announced Monday the approval of assistance for two projects expected to create 223 new jobs and retain 165 jobs statewide.
  • Mar 03, 2023

    Tax conformity passes Ohio House; will become law upon Gov.’s signature

    OSCPA offered proponent testimony before the House Ways and Means Committee on Tuesday for Senate Bill 10, the annual federal/state tax conformity legislation.
  • Mar 03, 2023

    Request Congress to extend Sec. 174 R&E expensing and expired tax provisions

    Ohio Society of CPAs members are encouraged to use our “take action” page to write their federal legislators and request action on the treatment of Section 174 research and experimental expenditures, as well as numerous expired tax provisions.
  • Feb 24, 2023

    OSCPA meets with Tax Commissioner Harris

    Harris expressed a desire for the ODT to work even more collaboratively with OSCPA and other key business organizations to ensure Ohio tax policies and procedures make sense.
  • Feb 24, 2023

    March 1: Ohio Supreme Court to hear oral arguments for 2020 municipal income tax refunds

    The Ohio Supreme Court is set to hear oral arguments on Wednesday, March 1 in taxpayers’ case to obtain 2020 municipal income tax refunds.
  • Feb 24, 2023

    Week in Review: Feb. 26, 2023

    Secretary of State Frank LaRose announced 17,006 new business filings in January 2023, the highest January number of business filings in Ohio history.
  • Feb 19, 2023

    Week in Review: Feb. 19, 2023

    Sports betting proprietors would be required to pay a 20% tax on sports gaming receipts under Gov. Mike DeWine's executive budget proposal.
  • Feb 17, 2023

    Navigating Ohio’s PTE SALT Cap Form IT 4738

    The Ohio Society of CPAs is offering a CPE webinar on Thursday, March 9 at noon to cover the new IT 4738 Form.
  • Feb 12, 2023

    Week in Review: Feb. 12, 2023

    The Ohio Business Roundtable announced Thursday the formation of the Ohio Grants Alliance in partnership with regional business associations across the state.