Bruner-Cox LLP is pleased to offer this informative State and Local Tax Newsletter. Click the links below to read this month’s featured articles:
Stark Sales and Use Tax Rate Changes – Effective April 1, 2012 On April 1, 2012 the Stark County Ohio sales and use tax rates will change to 6.25%…Click here to read complete article.
Ohio eForms Discontinued
The eForms method of filing sales and use tax electronically has been discontinued. The last eForms return that could be filed by semiannual sales tax filers and quarterly use tax filers was for the period ending December 31, 2011, which was due January 23, 2012…Click here to read complete article.
Ohio Use Tax Amnesty
The use tax amnesty program will operate October 1, 2011 through May 1, 2013…Click here to read complete article.
The City of Akron to Enhance Tax Collection Efforts and Will Offer a Tax Amnesty Period
The City of Akron has recently announced they are rolling out a comprehensive enhanced tax collection effort that will (1) realize operational efficiencies, (2) step-up the identification of delinquent taxpayers, and (3) crack-down on enforcement of the tax laws…Click here to read complete article.
New Ohio Grant Being Considered by the Ohio Legislature for Business Expanding
Ohio Representative Nan Baker has recently introduced Ohio House Bill 18. H.B. 8 gives an incentive to businesses that are out of space, adding new employees and need to relocate…Click here to read complete article.
Proposed Changes to Municipal Income Tax Collection
The State of Ohio is considering the statewide centralization of collections of local income taxes, which would centralize tax collection for 579 municipalities in Ohio…Click here to read complete article.
Treatment of Customer Loyalty Coupons
Ohio sales and use tax no longer applies to the redemption value of certain vendor gift cards or coupons that are given to customers as part of an awards, promotional, or loyalty program…Click here to read complete article.
Partial Ohio Sales Tax Refund Available to Electronic Information Service Providers
A 25% refund of Ohio sales and use tax paid on purchases of certain computer equipment is available to providers of electronic information services…Click here to read complete article.
FUTA Credit Reduction Anticipated for Ohio in 2012
A state that has not repaid money it borrowed from the federal government to pay unemployment benefits is a “credit reduction state”…Click here to read complete article.
The Discovery Zone
States continue to look for new and old tax revenue sources. Their discovery actions touch all tax types…Click here to read complete article.
Bruner-Cox LLP State and Local Tax Leader Attends the 2012 Ohio Tax Conference
Theresa B. Mullen, MT, Bruner-Cox LLP State and Local Tax Leader, recently attended the Ohio Tax Conference. This conference is a concentrated education and networking event for individuals in the state and local tax specialty area…Click here to read complete article.
If you have any questions regarding these articles, please contact your Bruner-Cox LLP engagement executive or , State and Local Tax Leader, at 330.497.2000, ext. 4129.
