Gov. John Kasich unveiled a budget proposal Monday that would cut state taxes overall by $500 million over two years and target help at small businesses, but would also seek to shift tax burdens from income to consumption of goods, smoking and oil and gas profits. The budget totals nearly $140 billion over two years. […]
Governor to propose eliminating income tax for most small businesses, increase personal exemptions
January 30, 2015 by
The budget proposal Gov. John Kasich will unveil Monday will include reforms that would eliminate state income tax on nearly all small businesses in Ohio and increase exemption levels for lower- and middle-income Ohioans. Kasich revealed his plan in an appearance Thursday before a conference of the Ohio Association of Community Action Agencies. He also […]
Groups says report shows support for increase in Ohio cigarette taxes
January 28, 2015 by
Anti-smoking advocates on Tuesday released a report showing revenue from higher cigarette taxes remains stable while causing smokers to kick the habit, which they said supports their call for a $1 tax hike on cigarettes. Frank Chaloupka, an economics professor at the University of Illinois at Chicago, found states that increased their cigarette tax not […]
State now accepting 2014 income tax returns, changes mean lower taxes for many
January 23, 2015 by
The Ohio Department of Taxation (ODT) is advising all Ohio taxpayers that it is now accepting 2014 individual and school district income tax returns. Ohio Tax Commissioner Joe Testa states, “Last year, as a result of Ohio’s improving economy, stronger than expected state revenue and greater efficiencies enacted to manage state government, additional tax reductions […]
Community Action offers free tax help in Marion
January 21, 2015 by
Community Action Organization will kick-off the tax season at the Ohio Heartland Community Action, located at 1183 Bellefontaine Avenue in Marion, on Tuesday, January 27, 2015 from 11:00am to 7:00pm. Taxpayers must have a valid photo ID and social security cards for themselves, spouses, and dependents. For joint returns, both spouses must be present to […]
State implements new safeguards after “unprecedented” fraud attempts, tax refunds could be significantly delayed
January 16, 2015 by
The Ohio Department of Taxation (ODT) is implementing additional safeguards that will inevitably cause some refunds to be delayed this upcoming income tax filing season. Officials said the changes are needed in order to better protect Ohio taxpayers and prevent tax fraud. These steps are being taken to further bolster defenses in anticipation of the […]
Marion Treasurer sends out first half 2014 real estate tax bills
January 14, 2015 by
First half 2014 real estate tax bills were mailed Monday and are due Thursday, February 5, 2015 to avoid penalty according to Marion County Treasurer Jan Draper. Taxpayers who have not received their tax bills by January 22 are urged to call the Treasurer’s Office at 223-4030, Monday through Friday, 8:30am to 4:30pm. Taxpayers who […]
Ohio Governor promises more tax changes, crack down on charter school, more
December 19, 2014 by
Gov. John Kasich on Thursday pledged to get tough next year on Ohio’s underperforming charter schools. “We will not tolerate people coming into this state, making money at the expense of great education for our kids,” Kasich said in a year-end speech before Ohio Chamber of Commerce members. “And the legislature’s going to have to […]
Sales Tax holiday and funding boost to Ohio townships approved
December 11, 2014 by
Legislators in the Ohio House approved a Senate plan Wednesday that will waive sales taxes for one weekend next August for consumers doing back-to-school shopping. The bill, introduced in the Senate by Kevin Bacon, a suburban Columbus Republican, would exempt sales taxes on Aug. 7, 8 and 9 in 2015 on purchases of clothing valued […]
Lawmakers pass major changes to Ohio municipal income taxes
December 10, 2014 by
Major changes to Ohio’s convoluted municipal income tax system are headed to Gov. John Kasich after passing the state House of Representatives on Tuesday. The result of years of debate, House Bill 5 will help Ohio businesses by standardizing and streamlining the state’s patchwork system of 300 or so different local tax forms, supporters say. […]
