Comprehensive Tax & Legal Solutions
Taxes and tax policies are complex. The laws and regulations that implement federal, state and local taxes in Ohio derive from multiple sources and each one of the taxing authorities have their own interests to serve. And because tax codes are statutory and...
Dealing with the IRS is never fun. We’ll take our award for “most obvious comment of the day” now. In all seriousness, despite the agony of dealing with the IRS, you need to go about that interaction in a professional and appropriate manner. Failing to do so can lead...
The Ohio legislature has been considering changing the state’s severance tax recently. In the last session, the legislature created tax policy study commission, whose job is to examine the state’s severance tax and put together proposals to reform the tax to...
Statutes and regulations often come with specific definitions, which identity they type of thing regulated and how the item defined may work with other statutes or regulations. These definitions often make less than exciting reading, but are necessary to the...
A few months ago, we discussed the lawsuit involving Ohio cities taxing professional football players. The Ohio Supreme Court found that Cleveland’s method of taxing visiting athletes was invalid, and they would need to change it. It could also mean some of those...
Property tax valuation can be a contentious issue between taxing authorities and land owners. In some areas, such as tract residential housing, determining comparables and assessing value may be relatively straightforward, as there may exist thousands of identical or...
The Ohio legislature is still at work on the state’s tax laws and it is unclear what the final result will be, given the competing options percolating in Columbus. The Senate is working on a proposed cut of $500 million more than the House proposed. And the House tax...
Agriculture plays an important role in Ohio’s economy. Property taxes, however, can stifle the agriculture industry – especially when paired with crippling market conditions. As we predicted in a blog post late last year, rural property owners across the state have...
Over the road trucking is a tough business, especially for the typical owner-operator. Income is often erratic, depending on the number of loads available and shipping schedules. Many trucking contracts have inflexible fuel reimbursement rates which can make for very...
A recent U.S. Supreme Court decision could affect cities in Ohio and other states regarding how they tax their residents. The case arose in Maryland, but the Supreme Court ruling could impact as many as 5,000 jurisdictions nationwide, including Ohio, that impose local...