The state fund for injured workers is going ahead with plans to implement an average 10.8% reduction in workers’ compensation rates for Ohio’s private employers effective July 1. The Ohio Bureau of Workers’ Compensation board approved the plan, initially announced in February. The cut is expected to save employers $153 million a year. It is…
By Dan GearinoThe Columbus Dispatch Ohio Attorney General Mike DeWine is suing BP, alleging that it improperly obtained $33 million from a state fund to clean up leaks from underground fuel tanks. The lawsuit, filed yesterday in Franklin County Common Pleas Court, says the energy company received money from the Petroleum Financial Assurance Fund at…
The Ohio Council for Reasonable Business Policy recently released a statement regarding the newly proposed tobacco tax in Ohio. A tax on tobacco is a tax on Ohioans. Ohio businesses and citizens are struggling to recover from one the most difficult economic downturns in history. The majority of Ohioans, business leaders, and government officials on…
By Paul Elhindi, MIRA Board Member It seems counterproductive to offer someone an income tax cut while hurting their ability to earn an actual income. Sadly, that is exactly what the state budget plan currently being debated by Ohio legislators will do to many struggling small business owners. The new state budget proposal seeks to…
Guest columnist Paul ElhindiCleveland.com It seems counterproductive to offer someone an income tax cut while hurting their ability to earn an actual income. Sadly, that is exactly what the state budget plan currently being debated by Ohio legislators will do to many struggling small business owners. The new state budget proposal seeks to increase taxes…
This message is a reminder to all sales and use tax practitioners and taxpayers that the March 2015 monthly sales and use tax return is due April 23, 2015. Taxpayers are required to file sales and use tax returns electronically via the Ohio Business Gateway at business.ohio.gov or through TeleFile by calling (800) 697-0440. Please visit our…
House Republicans are set to put their stamp on Gov. John Kasich’s $72.3 billion biennial budget Tuesday, with Speaker Cliff Rosenberger confirming at a news conference that a majority of the governor’s tax proposals have been axed from the bill. The new measure, to be adopted in the House Finance & Appropriations Committee this afternoon,…
The state fund for injured workers is rolling out a billing system that will allow private employers to pay their workers’ compensation premiums in two, four, six or 12 installments. The system is part of a plan by the Ohio Bureau of Workers’ Compensation to bill businesses an estimated premium for the coming coverage year. …
By Lori KurtzmanTHE COLUMBUS DISPATCH A statewide push to raise the minimum age for tobacco sales is beginning in central Ohio suburbs. Upper Arlington is set to vote next month to prohibit the sale of cigarettes, tobacco products and e-cigarettes to anyone younger than 21. Bexley is considering a similar ordinance and New Albany is…
The Ohio Bureau of Workers’ Compensation is reminding employers that they must take action now to ensure that they get their share of a $1.2 billion credit that the bureau will issue this summer as it switches how it bills employers for coverage. Beginning July 1, businesses will be billed upfront, as is common throughout…
