Ohio Municipalities Mount Challenge to Much-Needed Centralized Business Filing
November 28, 2017
Hundreds of Ohio cities are jointly challenging the constitutionality of recently passed municipal tax reform allowing businesses a centralized net-profit tax-filing option. Centralized filing is set to take effect for the 2018 filing season and will permit businesses to file a single municipal net profit return through the Ohio Department of Taxation using the Ohio… Read More
Don’t Miss Out: MTC Extends Deadline to November 1st for Online Marketplace Voluntary Disclosure Initiative
October 30, 2017
Updating an earlier post, the Multistate Tax Commission extended the deadline for the Online Marketplace Seller Voluntary Disclosure Initiative to November 1, 2017 due to great response from remote vendors applying for the program. The original deadline was October 17, 2017. Remote sellers with potential liability should seriously consider this unique opportunity to come into… Read More
Legislation introduced to provided that compensation paid by Professional Employer Organizations on behalf of Ohio small businesses would qualify for deduction
Some small business owners became entangled in Ohio income tax audits due to arrangements outsourcing their human resource functions to a professional employer organizations or PEO. The hallmark of a PEO relationship is the co-employment whereby the PEO issues payment, as well as fulfilling other HR functions, but works at the client / employer’s worksite…. Read More
Ohio State Bar Association: Sales and Use Tax Subcommittee Report
September 29, 2017
As co-chairs of the Ohio State Bar Association Sales / Use Tax Subcommittee, click here or see below to view the report Steve and Rich presented at the September 28, 2017 Taxation Committee meeting. As you will notice, many of the Ohio sales / use tax cases recently decided by the Board of Tax Appeals were based upon a lack of proof by the… Read More
The Multistate Tax Commission offers the unique opportunity for online sellers to commence sales tax collection without fear of assessment for past periods.
August 24, 2017
The MTC has introduced the online marketplace voluntary disclosure initiative beginning August 17, 2017. This program allows online sellers that use a third-party facilitator to store inventory and fulfill sales outside its home state, such as Amazon FBA. The taxpayer must apply for the program between August 17 and October 17, 2017. Twenty three states… Read More
Ohio Commercial Activity Tax: Board of Tax Appeals takes first stab at situsing receipts from tangible personal property sales – Finally!
Gross receipts from sales of tangible personal property are sitused to Ohio if the goods are received by the purchaser in Ohio. R.C. 5751.033(E). The statute provides that the property is sitused to the place where it “is ultimately received after all transportation has been completed”. In Greenscapes Home and Garden Products, Inc. v. Testa,… Read More