Ohio Approves Centralized Filing System for Municipal Business Taxes
The Ohio Supreme Court has upheld the State Department of Taxation’s (DOT) ability to create a centralized filing and collection system for Ohio municipal business income taxes. This decision upholds 2014’s House Bill 5 and 2017’s House Bill 49. Municipalities challenged the Ohio General Assembly’s ability to authorize a centralized
How’s Biden’s Tax Plan Could Impact International Companies
President-Elect Joe Biden has spoken about implementing a lot of potential tax changes while on his campaign trail for president in 2020. While most of the changes he has discussed are in the individual tax realm, but he has a few international corporate tax changes that could affect U.S. corporations
Ohio Provides $25 Million in Non-Profit Relief Grants – But the Deadline Is Tight
The Ohio Department of Job and Family Services (ODJFS) has announced up to $25 million in federal Coronavirus Aid, Relief and Economic Security (CARES) Act grants to non-profit agencies that serve low-income Ohioans and have been adversely impacted by the COVID-19 pandemic. Awards will be provided in a discretionary manner
IRS Issues PPP Loan Forgiveness Guidance
As the end of 2020 looms large and year-end tax planning is in full swing, businesses and organizations in virtually every industry have been struggling with unanswered questions about PPP loans – loan forgiveness, deductibility of related expenses, timing of loan forgiveness applications, and the impact on taxable income for
New Construction Compensation Study Gives Insights on Safety Manager Pay
As we shared results of the 2020 Construction Compensation and Benefits Study with participants, many asked how the pandemic had affected the role of safety manager and associated compensation – so we launched a special edition survey to find out. We worked with regional contractors to collect responses from twenty-three