In The News

Ohio Job Creation Credit Expanded To Include Telecommuting Employees

Ohio has expanded its job creation credit to employers of “home-based employees.” Sub. H.B. 327 (effective Sept. 6, 2012). A “home-based employee” is an employee who works primarily from the employee’s Ohio residence exclusively for the benefit of a qualifying project and is paid at least 131% of federal minimum wage. To qualify for the... Read More

Gov. Kasich Discusses Significant Tax Reform Potentially on the Horizon for Ohio

As reported by the Columbus Dispatch, Gov. Kasich is strongly considering reforming Ohio taxes, again. Over the last decade, Ohio’s tax structure dramatically changed due to the advent of the commercial activity tax, while Ohio corporate franchise and personal property taxes were eliminated and the Ohio personal income tax rate reduced. Gov. Kasich now seeks... Read More

Ohio Department of Taxation Targeting Quick Service Restaurants

The Ohio Department of Taxation (the “Department”) has a new initiative to audit quick service (or fast food) restaurants (“QSR”) throughout the state premised on the Department’s perception that QSRs fail to properly record taxable dine in sales. Article XII, Section 3(C) of the Ohio Constitution prohibits a sales tax on food purchased for off... Read More

Low Tax Rates and Incentives Give Ohio a Business-Friendly Landscape, Spurring Economic Recovery and Growth

This article appears in and is reproduced with the permission of the Journal of Multistate Taxation and Incentives, Vol. 22, No. 3, June 2012. Published by Warren, Gorham & Lamont, an imprint of Thomson Reuters. Copyright (c) 2012 Thomson Reuters/WG&L. All rights reserved. By: STEVEN A. DIMENGO AND RICHARD B. FRY III After years of seeing jobs and businesses leave... Read More

Ohio General Tax Amnesty – May 1 through June 15, 2012

Ohio’s General Tax Amnesty program begins today and runs through June 15, 2012. The program allows deliquent taxpayers to self-report essentially all Ohio taxes (except consumer’s use tax) that were due on or before May 1, 2011, including sales tax, personal income tax, commercial activity tax, pass-through entity tax and employer withholding tax. Taxes for... Read More

ALERT: Ohio Use Tax Amnesty Teleconference (December 6, 2011)

Join Steve and Rich to hear their unique perspective on Ohio’s new use tax amnesty program. They are presenting a National Business Institute (NBI) LIVE teleconference on Tuesday, December 6, 2011 at 3:00 p.m. Eastern Standard Time (1.5 CLE). Click here for more information on the teleconference or to register.

InvestOhio Registration Begins for Qualifying Ohio Small Business Investments

  Registration for InvestOhio, a 10% personal income tax credit for investments into Ohio small businesses, has begun. First, each investor and the small business must register for InvestOhio through the Ohio Business Gateway. Each registrant will receive an InvestOhio ID which it will need to apply for the credit. Then, starting the first week... Read More

General Tax Amnesty Program for Ohio taxes to begin in 2012

In addition to the Use Tax Amnesty Program discussed in previous posts, the Ohio Budget Bill (H.B. 153) also provides for a General Tax Amnesty Program allowing delinquent taxpayers to resolve their Ohio Estate Tax, Corporate Franchise Tax, Motor Fuel Tax, Sales Tax (vendor obligation), Cigarette Tax, Individual Income Tax, School District Income Tax and... Read More

Governor Kasich signs historic Ohio Budget Bill

Late Thursday night, Governor John Kasich signed the Ohio Budget Bill (Am. Sub. H.B. 153) setting forth the state’s nearly $56 billion budget for the next two fiscal years. As expected, the bill included two significant provisions with respect to Ohio consumer use tax. First, Section 757.42 of the bill requires the Tax Commissioner to... Read More