• State CPA Societies seek to join Ohio in possible alternatives to 150-hour licensure requirement

    May 3, 2024, 00:00 AM by Natalie Rooney
    Around the country at the state and national levels, discussions continue to take place about potential licensure improvements that will achieve the collective goal of increasing the number of licensed CPAs entering the accounting profession and increasing the number of experienced CPAs who stay in the accounting profession.
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  • Property Tax Review Committee meets on back-to-back weeks

    May 3, 2024, 00:00 AM by Natalie Rooney
    As the Joint Committee on Property Tax Review and Reform looks at potential solutions to rising property taxes around the state, one witness told the committee on April 24 that decoupling property taxes from the Fair School Funding Plan "may have very bad consequences," a notion backed by Ohio school officials.
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  • Accountancy Board meeting addresses “CPA Retired” status, CPE reporting concerns

    May 3, 2024, 00:00 AM by Natalie Rooney
    The Accountancy Board of Ohio (ABO), the state government entity charged with licensing, regulating, and when necessary, disciplining CPAs, can significantly affect the practice of all CPAs. That is why OSCPA represents the profession at every ABO meeting and advocates for best-practice rulemaking. This meeting included a variety of topics.
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  • Politicos on the Move: May 5, 2024

    May 3, 2024, 00:00 AM by Natalie Rooney
    Last week in House session, the Democrats selected Rep. Dani Isaacsohn (D-Cincinnati) as their new minority whip, following the departure of Rep. Jessica Miranda to become Hamilton County auditor in the wake of former Rep. Brigid Kelly’s death.
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  • Week in Review: May 5, 2024

    May 3, 2024, 00:00 AM by Natalie Rooney
    Gov. Mike DeWine and Ohio Department of Development Director Lydia Mihalik Wednesday announced the awarding of more than $154 million in grants to fund economic development projects in Ohio's Appalachian region as they made stops in McArthur and Chillicothe.
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  • OSCPA asks legislators to support bills designating accounting as STEM field

    May 2, 2024, 00:00 AM by Natalie Rooney
    OSCPA reached out directly last week to Ohio’s 15 members of the U.S. House of Representatives and two U.S. senators to ask them to support legislation that incorporates accounting education into the STEM curricula for K-12 students. This effort is part of OSCPA’s broader goal of increasing the pipeline of future Ohio CPAs.
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  • Senate Select Committee on Housing releases report findings, recommendations

    Apr 26, 2024, 00:00 AM by Natalie Rooney
    After 35 hours of listening to testimony from more than 200 witnesses across Ohio, the Senate Select Committee on Housing announced April 24 its findings and provided 23 recommendations the General Assembly should look at to fix the current housing crisis in Ohio.
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  • DOL issues final rule on overtime regulations

    Apr 26, 2024, 00:00 AM by Natalie Rooney
    The Department of Labor (DOL) has issued its final rule altering the overtime regulations under the Fair Labor Standards Act.
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  • Politicos on the Move: April 28, 2024

    Apr 26, 2024, 00:00 AM by Natalie Rooney
    The House Republican Caucus voted 63-0 on April 24 to appoint primary election winner New Franklin Councilman Jack Daniels to replace former Rep. Bob Young in the 32nd House District.
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  • Week in Review: April 28, 2024

    Apr 26, 2024, 00:00 AM by Natalie Rooney
    Auditor of State Keith Faber issued a warning to state and local government employees about reviewing requests to redirect payments from public accounts, saying that at least 23 government offices in Ohio have been affected by such scam attacks in the past 12 months.
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  • ODT explains pre-April 15 non-payment notices

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    The Ohio Department of Taxation (ODT) this week explained why some taxpayers may have received 2023 non-payment notices prior to April 15.
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  • A tax mystery: Why are fewer people getting refunds?

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    The share of taxpayers who get money back at tax time is slowly and, a little mysteriously, shrinking. At the same time, the number of people having to cut a check to the government has been rising. Some tax vets wonder what a decline in refunds will mean for tax compliance.
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  • Week in Review: April 21, 2024

    Apr 19, 2024, 00:00 AM by Natalie Rooney
    Ohio Department of Aging (ODA) Director Ursel J. McElroy announced Wednesday that the Scripps Gerontology Center at Miami University will soon launch the state's Biennial Survey of Long-Term Care Facilities.
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  • OSCPA Government Relations Roundup

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    A summary of this past week’s noteworthy events from your OSCPA government relations team.
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  • March tax revenues miss the mark

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    Ohio’s General Revenue Fund (GRF) tax revenues missed the estimate by $171.3 million (-9.6%) during the month of March.
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  • New national tax literacy poll highlights need for better tax education

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    All Americans are affected by the tax code—but do they understand the tax code? To find out, the Tax Foundation’s educational program, TaxEDU, and Center for Federal Tax Policy conducted a poll with Public Policy Polling.
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  • Politicos on the Move: April 14, 2024

    Apr 12, 2024, 02:00 AM by Natalie Rooney
    It was announced April 10, 2024, in the House Insurance Committee that committee member Rep. Jessica Miranda (D-Cincinnati) has been named Hamilton County auditor.
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  • Week in Review: April 14, 2024

    Apr 12, 2024, 00:00 AM by Natalie Rooney
    Auditor of State Keith Faber Friday placed the Mt. Healthy City School District in Hamilton County in a state of fiscal emergency as a result of a projected operating fund deficit of $10,758,000, representing 26% of the district's general revenue funds for the fiscal year that ends June 30, 2024.
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  • Week in Review: April 7, 2024

    Apr 7, 2024, 17:13 PM by Suzanne McCann-Perry
    Gov. Mike DeWine announced Friday that he has initiated several federal and state disaster aid mechanisms that could bring financial relief to Ohioans affected by severe weather last month. The action comes after a damage assessment conducted by the Federal Emergency Management Agency (FEMA) in the 11-county area affected by tornadoes that occurred in March.
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  • ODT provides several updates ahead of April 15 deadline

    Apr 5, 2024, 02:00 AM by Natalie Rooney
    The Ohio Department of Taxation (ODT) recently announced extended service hours for the remainder of the income tax filing season (in addition to normal business hours). The ODT’s income/school district income tax phone lines at 800-282-1780 will be open until 7:00pm (instead of 5:00pm) on April 10, April 11, April 12 and April 15.
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