Accounting Today

MAY 21, 2024

The IRS is postponing tax and filing deadlines for storm victims.

Ohio 121

Ohio Tax 121

TaxConnex

DECEMBER 10, 2020

In another case, Ohio AG Dave Yost is trying to crack down on online retailers of beer and wine with a recent injunction in federal court this week. He is trying to prevent several online retailers from bypassing the state’s licensed retailers and avoiding Ohio alcohol taxes.

Sales 240

Sales Tax Ohio Nebraska 240

PYMNTS

NOVEMBER 26, 2018

Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. I do see [bitcoin] as a legitimate form of currency,” Mandel said, noting that he hopes other states will follow Ohio’s lead.

Ohio 74

Ohio Tax Arizona Georgia 74

Going Concern

AUGUST 28, 2023

On Thursday, August 24, 42-year-old Melissa Dunham was found dead in her Stark County, Ohio home along with her husband Jason, 46, and their three children Renee Dunham, 15, Amber Dunham, 12, and Evan Dunham, 9. Uniontown police called it a “domestic dispute that turned deadly” and are investigating the deaths as a murder-suicide.

Ohio 98

Ohio Account accounted accountant 98

Patriot Software

OCTOBER 14, 2022

If you have an employee in Ohio, you need to include the Ohio school district number on Form W-2. The Ohio Department of Taxation is requiring this change to help reduce the number of reporting errors on individual income tax returns. Form W-2 reporting requirement in Ohio […] READ MORE.

Ohio 74

Ohio income tax tax return Tax 74

TaxConnex

JUNE 9, 2022

Ohio has determined that a taxpayer’s purchase of equipment used in hydraulic fracturing was not exempt from Ohio sales and use tax as the equipment was not used directly in the production of crude oil and natural gas.

Sales 246

Sales Tax Colorado Massachusetts 246

PYMNTS

JULY 30, 2020

The Ohio State University Department of Athletics is allowing football season ticket holders to receive a reimbursement for impacted game tickets or get a credit to use for a ticket purchase going forward through an “opt-out” option, according to a statement.

Ohio 61

Ohio Gaming 61

Anders CPA

APRIL 9, 2024

Ohio House Bill 33 has resulted in favorable changes to the Ohio Commercial Activity Tax (CAT), which began on January 1, 2024, that bring big impacts to businesses, retailers and service providers operating in the state. What is the Ohio Commercial Activity Tax?

Ohio 52

Ohio Sales Tax Manufacturing 52

TaxConnex

SEPTEMBER 7, 2021

Origin based states Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. In most other situations, following the destination-based sourcing rules for interstate commerce is a safe bet. Most states and Washington, D.C., are destination-based requiring you to apply sales tax at the location of the customer.

Texas 237

Texas Connecticut Real Estate Pennsylvania 237

MyIRSRelief

MAY 24, 2023

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

North Carolina 147

North Carolina Oklahoma Ohio Texas 147

CPA Practice

AUGUST 26, 2024

It might be time for me to move to Ohio. And I’d save money on takeout if I lived there: While Ohio sales tax generally applies to food sold for consumption in a restaurant, takeout food is sales tax exempt. But let’s stick with Ohio for now. It’s home to world-class medical facilities and the Rock & Roll Hall of Fame.

Ohio 110

Ohio Sales Tax New Hampshire 110

TaxConnex

JUNE 11, 2024

In states like Nebraska , Ohio and Washington , among others, you can register using the Streamlined Sales Tax Registration System (SSTRS). And note that many software and service providers who claim to manage sales tax for you don’t help with registrations, except for an extra cost.

Sales 264

Sales Tax North Dakota Nebraska 264

PYMNTS

JUNE 15, 2020

CLEANLIFE and D & S are both in Cleveland, Ohio. However, amid the coronavirus pandemic, it has harnessed its international contacts to get PPE for the healthcare space. D&S, on the other hand, has offered equipment, service and parts for vending as of 1965.

Ohio 67

Ohio Healthcare accountant accounted 67

TaxConnex

JULY 9, 2024

Commercial activity taxes in Ohio and Nevada are also often missed. Especially if you handle your compliance in house, you may have also paid local taxes to a state. States frequently introduce new sales tax returns, such as Colorado and Minnesota for their new retail delivery fees.

Sales 264

Sales Tax Colorado tax return 264

Accounting Today

JUNE 12, 2024

The Internal Revenue Service has determined that the Feb. 3, 2023, derailment qualifies as "an event of a catastrophic nature."

Ohio 80

Ohio Tax 80

TaxConnex

MARCH 22, 2022

Colorado, Mississippi, Nevada, Ohio and Louisiana are among states offering a discount for prompt payment; Arizona gives a better discount for e-filers; Florida and South Carolina offer both. Utah discounts local taxes as well as state. Most tax jurisdictions mandate?on-time?filing?and and full payment of tax due,?among

Sales 246

Sales Utah South Carolina Tax 246

TaxConnex

MARCH 3, 2022

Two states took action last year regarding easing sales tax on specific services: Ohio repealed the state sales tax on employment services; and Texas Gov. has no uniform sales tax on digital items, though periodically there are attempts to firm up guidelines – just as there are periodically attempts by states to tax services.).

Indiana 246

Indiana Connecticut Nebraska Maryland 246

TaxConnex

JANUARY 11, 2022

When only some of the contents of a shipment are taxable, the shipping charges must be pro-rated in Minnesota, New Jersey, North Carolina, North Dakota, Ohio, Rhode Island, South Dakota, Vermont, Washington and Wisconsin (where a “reasonable allocation” is required). Shipping is not taxed in Nevada, but handling is.

Sales 246

Sales Rhode Island South Dakota North Dakota 246

TaxConnex

JANUARY 16, 2024

This includes whether you’re selling to a business or a consumer (as in Iowa, Maryland and Ohio), unique state sales tax rates (Connecticut), home-rule jurisdictions (Colorado and Illinois), partial exemptions (Texas), to name a few. SaaS incurs sales tax in roughly half the states. Many nuances affect sales tax and SaaS in various states.

Iowa 264

Iowa Connecticut Maryland Colorado 264

TaxConnex

JULY 21, 2022

Major ones include Texas, Pennsylvania, Ohio, Virginia and California. Variations can exist based on what you’re selling, in most situations, following the destination-based sourcing rules for interstate commerce is a safe bet. We said “most”: Some states are origin -based.

Sales 246

Sales Tax Pennsylvania Ohio 246

TaxConnex

MAY 17, 2022

Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. Though destination rules can vary, following destination-based sourcing rules for interstate commerce is a safe bet (though you might have to consider numerous tax jurisdictions and their impact on your sales tax obligations).

New Mexico 246

New Mexico Texas Illinois Colorado 246

MyIRSRelief

MAY 24, 2023

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

North Carolina 130

North Carolina Oklahoma Ohio Texas 130

RogerRossmeisl

APRIL 28, 2024

The least expensive one-bedroom locations were Wichita, Kansas ($690); Akron, Ohio ($760); Shreveport, Louisiana ($770); Lincoln, Nebraska ($840) and Oklahoma City ($860). Becoming a landlord and renting out a residence comes with financial risks and rewards.

Nebraska 131

Nebraska Oklahoma Louisiana Kansas 131

CPA Practice

NOVEMBER 6, 2023

The accounting talent shortage in Ohio is at a critical point and, requires a bold, all-hands-on-deck approach to resolve, according to The Ohio Society of CPAs (OSCPA). We are positioning accountants and CPAs as Ohio’s most trusted business advisers.

Ohio 52

Ohio cpas Education Non-Profits 52

Accounting Today

JANUARY 9, 2023

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Ohio 105

Ohio Tax 105

CPA Practice

FEBRUARY 7, 2024

Cuyahoga County (Ohio) Common Pleas Court Judge David Matia on Tuesday sentenced James Farley, 59, to spend 30 days in the county jail for the collision that killed Samantha Nelson. An Ohio Department of Transportation vehicle’s dashboard camera captured the two vehicles as they sped by moments before the crash.

Ohio 52

Ohio Hospitality Transportation 52

TaxConnex

JUNE 8, 2021

Ohio ’s sales tax collections were 23% over predictions recently. Many states are finding that online sales have diffused previous dire predictions about how the pandemic would hammer tax revenues. South Carolina sales tax collections are 10% greater than predicted this budget year. Kentucky saw sales tax receipts in April hit $486.5

Sales 223

Sales Tax Arkansas South Carolina 223

CPA Practice

APRIL 9, 2024

with Maryland and Virginia) West Virginia (with Kentucky, Maryland, Ohio, Pennsylvania, and Virginia) Wisconsin (with Illinois, Indiana, Kentucky, and Michigan) Paying payroll taxes can be a daunting task for business owners, but with expert advice and guidance from their CPAs, it becomes more manageable. and West Virginia) Washington, D.C.

payroll tax 110

payroll tax West Virginia payroll cpas 110

Withum

MARCH 2, 2024

In 2022, the National Small Business Association, an Ohio non-profit corporation, sued the US Treasury Department alleging the mandatory disclosure requirements exceed Congress’ authority under Article I of the Constitution and violate the First, Fourth, Fifth, Ninth, and Tenth Amendments.

Ohio 140

Ohio Non-Profits tax services Tax 140

TaxConnex

MAY 23, 2023

Almost half the states have stopped sales tax on diapers, but these baby products still, despite frequent efforts at repeal, incur sales tax in Maine, Ohio, Michigan, New Mexico, Nebraska, Washington and Nevada. Connecticut, South Carolina, Ohio and Virginia exempt some protective clothing. Take diapers.

South Carolina 130

South Carolina South Dakota Sales Montana 130

TaxConnex

JANUARY 26, 2021

Massachusetts joins such states as Minnesota , Ohio , Pennsylvania and Michigan with accelerated tax payment programs. Why now in the Bay State? The FY21 budget modernizes the timeline for sales tax remittance and collection, which has not been significantly updated in decades,” the office of Gov.

Massachusetts 162

Massachusetts Sales Tax Minnesota 162

MyIRSRelief

JULY 3, 2023

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

audit 130

audit North Carolina Oklahoma Ohio 130

TaxConnex

NOVEMBER 5, 2020

Certain transaction taxes occur that are not passed through on the customer invoice and are often not filed automatically - for example, the Ohio Commercial Activity Tax and certain business and occupations taxes. Questions arise in the business that require the taxpayer to research these items on their own.

Technology 246

Technology Sales Tax tax return 246

TaxConnex

DECEMBER 23, 2021

Industry observers look for New York, Ohio and New Jersey to soon intensify enforcement. The Sales Tax Institute reports that Maine, Illinois, California, Massachusetts, Wisconsin and Washington have been the most aggressive states in sending notices and audit requests.

audit 244

audit Sales Tax auditor 244

TaxConnex

NOVEMBER 11, 2021

Ohio has eliminated its sales and use tax on employment services and employment placement services effective on Oct. Left unclear was the reg’s effective date and whether the state will seek to apply it retroactively.

Sales 49

Sales E-commerce Tax Illinois 49

TaxConnex

APRIL 19, 2022

Ohio tried accepting crypto for taxes four years ago but soon abandoned the idea. NFTs are still treated like stocks, incurring capital gains tax – for the time being, anyway. The IRS may eventually classify them as “collectibles,” which would incur a different tax.

Sales 246

Sales Tax Colorado New Jersey 246

Accounting Today

JULY 19, 2024

Vermont, North Carolina, New Jersey and Ohio provide standout examples this summer. You need to be on your toes if you work in sales tax, as states are known to make substantial sales tax policy changes with little to no notice.

North Carolina 101

North Carolina Vermont Sales New Jersey 101