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Latest Federal Tax News:

Latest State Tax News:

  • May 01, 2020

    With new SALT limit, IRS explains tax treatment of state and local tax refunds

    The IRS has clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect.
  • May 01, 2020

    Reminder: CAT return due May 10

    The Ohio Department of Taxation this week issued a reminder to all commercial activity tax (CAT) practitioners and taxpayers that the first quarter 2019 CAT return is due May 10.
  • May 01, 2020

    Reminder: Next muni tax deadline is May 1

    Ohio businesses with a taxable year that begins on March 1 that want to file their 2019 municipal net profit tax return with the Ohio Department of Taxation must register by midnight, May 1.
  • May 01, 2020

    Big changes to BID, other tax provisions on the table

    The Ohio House Finance Committee on May 2 accepted several tax changes to the amended version of Ohio’s biennial budget, chief among them to significantly cut the benefits from Ohio’s Business Income Deduction.