10% Ohio Investment Tax Credit
InvestOhio is a tax credit that reduces dollar-for-dollar an individual’s Ohio personal income tax liability. The credit equals 10% of the amount the individual invests in a small business.
News & Tech Tips
Ohio Enacts 2018-2019 Biennial Budget
Last week, the Ohio General Assembly passed and the Governor signed a biennial budget containing many tax provisions. Read about the most notable changes here.
Bars & Restaurants – Don’t overpay sales tax
With eight potentially applicable sales tax exemptions, Ohio bars, restaurants, and other food service operators (FSOs) should be paying very little sales tax.
Are your consulting services subject to sales tax?
In Ohio, when a business assigns an experienced employee to assist a client with a project, and the employee works at the client’s worksite at an hourly rate, has the business provided nontaxable consulting services or taxable employment services?
What’s the use tax? And why you should care.
Everyone knows about sales tax—you buy something, you pay sales tax. But did you know there’s a companion to sales tax, a tax similar in some respects, different in others, and entirely separate from the sales tax with its own compliance requirements?