Ohio petroleum retailers must remember that the Petroleum Activity Tax goes into effect July 1, 2014, at which time your retail sales of motor fuel can be deducted from your total quarterly gross sales before calculating the Commercial Activity Tax, which is applicable to your sales other than motor fuel. In the meantime the Commercial…
Ohio legislators are considering an increase on the states cigarette excise tax by 48%, to $18.50 per carton, over the next 2 years. Enactment of a $6.00 per carton increase would mean a carton of cigarettes in Ohio would be subject to more state excise tax than surrounding states. Increasing state tobacco excise taxes would…
There seems to be confusion regarding revisions to the Commercial Activity Tax (CATax) minimum annual fee rate for quarterly returns due May 10th, 2014. The CATax rate remains 0.26% on Gross Sales for the first quarter of 2014. The $1 Million annual exemption still applies and can be deducted, in its entirety in the first…
The Xerox Data Center Facilities will perform an upgrade to the Sprint Multiprotocol Label Switching (MPLS) circuits at the Dallas Data Center, which supports all EBT card service transaction processing and database replications. It will take place on Sunday, June 22, 2014 from 4:00 to 6:00 AM CT (2:00 AM-4:00 AM PT and 5:00 AM-7:00…
The Ohio Legislature took the final steps this week to modernize the Ohio Bureau of Workers’ Compensation, specifically the revision of its billing system. Both the Senate and the House finalized changes that would shift the Ohio Bureau of Workers’ Compensation from a retrospective billing system to a prospective system. Prospective billing is a common…
Historically, BWC has billed Ohio employers in arrears or ‘retrospectively’. Employers currently report their actual payroll and pay their premium on a semi-annual basis for the previous six months of coverage. Prospective billing is a national industry standard and builds upon ongoing efforts by BWC to modernize its operation. Under prospective billing, BWC will, like…
Effective July 1st, 2014 the Petroleum Activity Tax (PATax) goes into effect, in part, replacing the Commercial Activity Tax (CATax) on Motor Fuel Sales. The responsibility to pay the PATax falls on the first entity to make a sale in Ohio; usually the refiner, at the “rack”. The PATax can then be passed on to…
The following information was received by SNAP/EBT retailers in Ohio. The basic information regarding the termination of the FREE equipment to process SNAP / EBT sales applies to all participating retailers. It is vital that you contact your processor to determine the cost of equipment and their policy regarding any fees. You should also refer…
Governor John R. Kasich today joined Ohio Bureau of Workers’ Compensation (BWC) Administrator/CEO Steve Buehrer to announce a $1 billion rebate to Ohio’s private and public sector workers’ compensation customers, as well as a major new investment in worker safety research and training. Dubbed “Another Billion Back,” the rebate comes on the heels of last…
Each year Ohio employers have the opportunity to participate in BWC’s Group-Experience-Rating Program or Group-Retrospective-Rating Program. While these programs are not required, they do provide you with an opportunity to significantly reduce your workers’ compensation premiums, while increasing your awareness of safety and risk-management strategies. Workplace safety is an important component of these programs. To…