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DeWine, Lawmakers had Smooth First Year, but Disagreed Over Taxes in Budget
By: Karen Kasler | Statehouse News Bureau
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In his first year as governor, Mike DeWine seemed to get along well with state lawmakers – including those who’d had a fractured relationship with his predecessor, John Kasich. But there were some disagreements. (NOTE: The full interview with Gov. Mike DeWine will air on “The State of Ohio” this weekend. Watch it at the link posted here.)… Read More
Appeals Court Rules Trump’s Accountants Must Turn Over Tax Records
By: Brian Naylor | NPR
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Lawyers for President Trump say they plan to appeal to the Supreme Court, potentially setting up an election-year decision about disclosing the president’s finances.
Ohio House Votes to Repeal State Sales Tax on Tampons
By: Associated Press
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COLUMBUS, Ohio (AP) – A proposal repealing Ohio’s sales tax on tampons and other feminine hygiene products has cleared the Ohio House. Republican State Rep. Niraj Antani, of Miamisburg, calls Thursday’s unanimous vote “a victory for all women in Ohio.” Antani and Democratic state Rep. Brigid Kelly, of Cincinnati, co-sponsored legislation repealing the so-called “pink… Read More
New Study Shows Changes In Ohio’s Tax Policy Benefits The Wealthiest Even More Than Before
By: Jo Ingles | Statehouse News Bureau
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Statehouse Republicans have championed recent tax changes, including the elimination of income taxes for those making less than $21,750 a year. But a new report by a liberal leaning think tank shows tax changes recently made by Ohio lawmakers will make the rich richer and will require lower middle class or poor Ohioans to possibly… Read More
Report: WV Governor’s Companies Owe $2M Virginia Tax Debt
By: Associated Press
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ROANOKE, Va. (AP) – Records show West Virginia Gov. Jim Justice’s companies owe almost $2 million in delinquent taxes in Virginia. WDBJ-TV reports Wednesday that companies owned by the Republican governor owe $1.9 million in taxes to several counties in Virginia. Justice lists more than 100 businesses in his most recent financial statement, including coal,… Read More
Ohio Ditches Sales Tax for Glasses and Contact Lenses
By: Associated Press
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COLUMBUS, Ohio (AP) – Corrective eyeglasses and contact lenses purchased in Ohio are no longer subject to state sales taxes. The Dayton Daily News reports the change went into effect Monday. Hearing aids, prescription drugs and other medical devices already were exempt. The Ohio Optometric Association supports the change, saying a sales tax can be… Read More
Senate Budget Keeps Tax Credits While Cutting Income Taxes
By: Andy Chow | Statehouse News Bureau
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Ohio Senate Republicans made sweeping changes to the House version of the state budget, including larger tax cuts and restored tax breaks. The Senate budget revives the small business income tax deduction on the first $250,000 earned. The House lowered that to the first $100,000. It also brings back the film tax credit and diverts $125 million from school wraparound services to school choice vouchers. When rolling out his budget… Read More
DeWine Urges Lawmakers To Restore Small Business Tax Deduction To $250,000
By: Karen Kasler | Statehouse News Bureau
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Gov. Mike DeWine says he wants lawmakers to erase a change made to a small business tax deduction. It allows many sole proprietorships, partnerships and other small operations to take the first quarter million dollars of their income tax free. DeWine spoke about it before the National Federation of Independent Business Ohio. The budget approved… Read More
H&R Block, TurboTax Accused Of Obstructing Access To Free Tax Filing
By: Laurel Wamsley | NPR
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The IRS says it is reviewing concerns about its Free File program after ProPublica reporting found that tax-prep companies made it difficult to find the program.
Business Groups Blast Change In House Budget As Tax Increase
By: Karen Kasler | Statehouse News Bureau
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Business groups are blasting the House version of the budget for a change it makes to a controversial tax deduction – the one that allows many small businesses to take the first quarter million dollars of their income tax free. The change would drop that income threshold to $100,000. Tony Long at the Ohio Chamber… Read More