Ohio Sales Tax Holiday Starts Today

Friday, August 5th marks the beginning of a one-time sales tax holiday in Ohio, and you can save between 6.5% and 8% in state and county sales tax. The holiday begins on Friday, August 5, 2016 at midnight and concludes on Sunday, August 7, 2016 at 11:59pm. During the period,

Read More

Ruling on Double Taxation Case and Refund Eligibility

Ohio currently allows a state credit but no local credit for taxes paid to another jurisdiction, similar to the tax systems in Iowa and Maryland. If Ohio follows suit with the Wynne case, there could be potential for a possible refund of unapplied credits for local taxes paid to other

Read More

2015 Kentucky Incentives Program Updates

Kentucky Corporate Income Tax – KY Business Investment Program Any business entity engaged in manufacturing, agribusiness, nonretail service or regional/national headquarters is eligible for the program. Kentucky counties are designated “enhanced incentive” eligible by meeting at least one of the three following criteria: counties with an average annual unemployment rate

Read More

North Carolina Tax Law Changes

On September 18, 2015, North Carolina Governor Pat McCrory signed the 2015 Appropriations Act, which will reduce corporate and personal income tax rates, phase in single sales factor apportionment and extend the Historic Preservation Tax Credit. Corporate The corporate income tax rate will decrease from 5% to 4%, effective January

Read More