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Feb 09, 2024
Tax revenues are down about half a percent for the fiscal year so far after another underperformance in January, but the overall revenue picture and sizable underspending leave Ohio’s budget on solid footing.
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Feb 09, 2024
The fourth quarter 2023 commercial activity tax (CAT) return is due Feb. 12 for all CAT practitioners and taxpayers.
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Feb 09, 2024
Feb. 20 is the voting registration deadline, with the primary election happening less than a month later on March 19.
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Feb 09, 2024
The first ABO meeting of 2024 included discussions about future CPA pipeline and workforce development efforts, and how to best protect the public from current CPAs who fail to meet licensing requirements.
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Feb 09, 2024
A report released recently by personal finance site WalletHub found Ohio has the 18th-highest amount of median student loan payments, at $192 per month.
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Feb 02, 2024
On Wednesday evening, the U.S. House passed bipartisan tax legislation by a vote of 357 to 70 that would temporarily expand individual tax credits and revive several business tax breaks.
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Feb 02, 2024
Lawmakers reviewing Ohio’s property tax system spent nearly two hours quizzing county auditors about the ins and outs of reappraisals, Board of Revision challenges, abatements and exemptions and potential reforms during a hearing Jan. 24.
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Feb 02, 2024
Former president of the Ohio Senate and longtime Cincinnati civic leader Stanley Aronoff died Wednesday at the age of 91.
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Feb 02, 2024
Gov. Mike DeWine's administration announced Monday the approval of tax credits for 15 mixed-use projects expected to create more than $401 million in new payroll and spur $2.6 billion in investments across the state.
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Jan 26, 2024
In November, the Ohio Department of Taxation (ODT) mailed Verification of Income – Missing Ohio IT1040 letters to some taxpayers in error.
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Jan 26, 2024
Ohio would phase out its income tax (on nonbusiness income) entirely and eliminate the Commercial Activity Tax (CAT) as well under plans announced Tuesday.
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Jan 26, 2024
Bill Johnson has officially resigned to become the new president of Youngstown State University, leaving his seat vacant in the U.S. House of Representatives 6th District.
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Jan 26, 2024
The Ohio Third Frontier Commission announced Wednesday it had approved $800,000 in grants through the Technology Validation and Start-up Fund, which will help four businesses bring new technology and innovative products to the workforce.
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Jan 19, 2024
On Tuesday, the chief tax writers in Congress announced a framework of a compromise tax bill that would temporarily expand individual tax credits and revive several business tax breaks.
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Jan 19, 2024
The newly formed Joint Committee on Property Tax Review and Reform met for the first time on Jan. 10 to learn more about the current state of property taxation in Ohio. The committee was created as a part of HB33 (Edwards) to make recommendations on pending legislation related to property taxation.
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Jan 19, 2024
The Governor's Office of Workforce Transformation recently updated the state's "Top Jobs" list as required every two years, providing new information on which occupations are in-demand or deemed critical.
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Jan 12, 2024
The IRS recently announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax filing season when the IRS will begin accepting and processing 2023 tax returns.
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Jan 12, 2024
While legislative efforts to either delay or suspend the Beneficial Ownership Information (BOI) reporting requirements remain ongoing, the Corporate Transparency Act (CTA) went into effect on Jan. 1, 2024, and the initial deadlines for filings will begin to come due 90 days into 2024.
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Jan 12, 2024
Register now for these webinars in January to learn more about how these changes can affect your business.
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Jan 12, 2024
The Personal Income Tax accounted for the shortfall, coming in $266.8 million or 28.4% below the estimate for the month.