Effective now through February 15, Ohio’s Tax Amnesty program allows delinquent taxpayers to fully resolve their liabilities by paying the tax plus one-half interest with no penalty. Ohio’s Tax Amnesty program is available for all Ohio taxes, including sales tax; use tax; commercial activity tax; and individual income tax. To be eligible, the delinquent taxRead More
Events & Webinars
On October 7, 2015, Buckingham hosted a bonus edition of our Breakfast with Buckingham series titled “Ohio Income Tax: Snowbirds Clipped by Ohio Supreme Court.” After the Supreme Court’s Cunningham decision, individuals living part-time in Ohio, but claiming nonresidency for Ohio income tax purposes, cannot simply rely upon spending the requisite number of days outside Ohio.Read More
Qualifying as a nonresident for Ohio income tax purposes, which can significantly reduce tax owed on investment and business income, has gotten easier. Ohio residents are taxed on all their income, subject to a resident credit for income taxed by other states. Conversely, nonresidents are only taxed on their Ohio-sourced income. For a nonresident, pensionRead More
