IRS announces tax relief for taxpayers impacted by tornadoes in Ohio; various deadlines postponed to Sept. 3, 2024
The Ohio Society of CPAs
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1w ago
The IRS announced on May 16 tax relief for individuals and businesses in Ohio that were affected by tornadoes that began on March 14, 2024 ..read more
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NPAG releases recommendations to tackle the accounting talent shortage
The Ohio Society of CPAs
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1w ago
An independent national group formed by AICPA and featuring stakeholders from throughout the accounting profession has released its draft strategy report. The document includes a series of recommendations for tackling the accounting talent shortage ..read more
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COO reflects on tough moments in her career
The Ohio Society of CPAs
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1w ago
The only way to grow is to try new challenges, said one Power of Change honoree, even if you feel like you’re not ready for them ..read more
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Accounting Career Day sparked student’s accounting career
The Ohio Society of CPAs
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1w ago
Accounting Career Day at Cleveland State University was the day that Ana Condric decided she was going to pursue an accounting career ..read more
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Pooled Employer Plans offer new options for CPAs and their clients
The Ohio Society of CPAs
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1w ago
Employee retirement plan audits have a reputation as a risky, low profit service for accounting firms, expensive for the client plan sponsor, and time consuming and complicated for both parties, but thanks to a new option, it doesn’t have to be that way ..read more
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ODT Ohio Virtual Tax Academy offered May 15 & 16
The Ohio Society of CPAs
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2w ago
The Ohio Department of Taxation is offering its Ohio Virtual Tax Academy, a free event designed to provide tax-related information to small business owners, attorneys and accountants ..read more
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April tax revenues miss by $224 million, taking FY24 shortfall to $446 million
The Ohio Society of CPAs
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2w ago
Higher than expected refund totals drove a $154.8 million shortfall in income tax collections compared to estimates for April, making up the bulk of an overall $224.4 million or 8.4% miss in tax revenues versus forecasts, according to preliminary data from the Office of Budget and Management ..read more
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OSCPA signs onto letter urging DOL to delay implementation of new overtime final rule
The Ohio Society of CPAs
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2w ago
On May 9, the Partnership to Protect Workplace Opportunity, of which OSCPA is a member, sent a letter to the Department of Labor urging them to delay until at least Sept. 1, 2024, the first increase to the minimum salary threshold under the DOL’s new overtime final rule ..read more
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FTC bans noncompete agreements
The Ohio Society of CPAs
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2w ago
The Federal Trade Commission (FTC) issued its final rule on April 23 banning virtually all noncompete agreements covering workers in the United States. Absent a successful court challenge, the rule will go into effect Sept. 4, 2024 ..read more
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Week in Review: May 5, 2024
The Ohio Society of CPAs
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1M ago
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 ..read more
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