The Ohio Supreme Court in WCI Steel, Inc. v. Testa recently held that a taxpayer was permitted to introduce a new property valuation at the Board of Tax Appeals, provided the proper objections were preserved. In an interview with WKSU, Steve explains that this holding applies to real property tax cases too, even though WCIRead More
Events & Webinars
In a property tax valuation case, Steve Dimengo and Dave Hilkert recently succeeded in obtaining a favorable judgment with the Ohio Supreme Court for their client, WCI Steel, Inc. The Court’s 7-0 decision essentially allows a property owner to introduce a new appraisal to the Ohio Board of Tax Appeals (BTA) even though it was not previously presented at theRead More
Added at the last minute, the recently enacted Ohio Budget Bill (Am. Sub. H.B. 153) included a tax credit for individuals against their Ohio personal income taxes for investments in qualifying Ohio small business enterprises. An eligible small business enterprises must have: (1) less than $50 million in total assets or less than $10 inRead More
In addition to the Use Tax Amnesty Program discussed in previous posts, the Ohio Budget Bill (H.B. 153) also provides for a General Tax Amnesty Program allowing delinquent taxpayers to resolve their Ohio Estate Tax, Corporate Franchise Tax, Motor Fuel Tax, Sales Tax (vendor obligation), Cigarette Tax, Individual Income Tax, School District Income Tax andRead More
Late Thursday night, Governor John Kasich signed the Ohio Budget Bill (Am. Sub. H.B. 153) setting forth the state’s nearly $56 billion budget for the next two fiscal years. As expected, the bill included two significant provisions with respect to Ohio consumer use tax. First, Section 757.42 of the bill requires the Tax Commissioner toRead More
Steve and Rich discuss the Ohio Use Tax Amnesty Program contained in the latest version of the Ohio Budget Bill and its effect on the Department of Taxation’s Use Tax Education Program, as well as several Ohio use tax exemptions that may your business may able to take advantage of. Click here to view theRead More
Steve Dimengo and Rich Fry invite you to join them on Monday, June 24th for the Webinar Ohio Use Tax Exposure Deadline Approaching: Your best 30 minute investment. During this Webinar, Steve and Rich will provide up-to-date commentary and answer your questions concerning Ohio use tax and the Department of Taxation’s Use Tax Education Program,Read More
The Ohio Department of Taxation, Audit Division recently put purchase audits (i.e., Ohio use tax audits) of unregistered busiinesses temporarily on hold. For these purposes, an unregistered business is a business that did not have an Ohio use tax account at any time during the audit period. Likewise, refund claims for sales tax paid toRead More
In Cottonwood, Inc. v. Levin, Ohio BTA No. 2009-K-5 (April 19, 2011), the Tax Commissioner assessed a struggling business deficient sales tax, interest and penalties. The taxpayer appealed to the Ohio Board of Tax Appeals (“BTA”) requesting a waiver of the interest and penalties, but without challenging the tax, based upon the fact that theRead More
We have partnered with LexisNexis® Tax Law Community! On April 27, 2011, our first Podcast aired. Click here to hear our commentary related to Ohio Use Tax Liability and the Ohio Department of Taxation’s increased enforcement thereof.
