Ohio legislators consider Ag taxes

Ohio uses a rather complex formula to calculate property taxes for farmland. Instead of paying a percentage of the presumed value of the land, as is the case for most residential homeowners, farmer’s property tax is calculated on the current use of the land.The...

The prospect of a tax audit

Tax audit. You only have to say the words to feel some discomfort. Sure, you prepare and pay your taxes every year, but you know you are not a tax expert. You may even hire a CPA or a tax attorney to assist with your tax planning or the preparation of your taxes. But...

Is the CAT out of the bag?

This week, the Ohio Supreme court heard oral arguments in a case that one of the justices suggest will not be decided with their decision. The question involves the Ohio Commercial Activity Tax and the state’s imposition of it on out-of-state retailers.A...