Generally, in Ohio, sales of tangible property are taxable unless an exemption exists, whereas services are generally nontaxable unless specifically enumerated as taxable under the Ohio Revised Code. However, Ohio has many exemptions available. Your business may be paying tax on goods or services that are exempt from tax, creating opportunities to claim a refundRead More
Ohio Governor Mike DeWine announced an extension for the state’s 2024 sales tax holiday, which will take place from 12 a.m. on Tuesday, July 30th, through 11:59 p.m. on Thursday, August 8th. What is the Ohio Sales Tax Holiday? Historically, the state of Ohio sets aside three days for consumers to buy certain items withoutRead More
In Ohio, sales of tangible personal property are presumed taxable unless an exemption exists. On the other hand, services are presumed nontaxable unless specifically enumerated as taxable under Ohio’s Revised Code. Many of your business purchases of goods or services are likely exempt, potentially even warranting a refund claim for tax erroneously paid. The StateRead More
Vendors selling out of state but not collecting sales tax are on a path to suffering severe financial loss. The tax liability could be astronomical – enough to devastate a business – as high as 10% or more of total sales for a business with annual sales as low as $100,000 or as few asRead More
Cincinnati Reds Make Their Case to Supreme Court Over Free Bobbleheads Published on WKSU.org By KAREN KASLER June 13, 2018 When a sports fan goes to a game and gets a free promotional item like a bobblehead, does the team have to pay taxes on that freebie? That was the question before the Ohio Supreme Court.Read More
(Buckingham’s Steven Dimengo takes the Cincinnati Reds’ Bobblehead case to the Ohio Supreme Court) WLWT has the full story. The consumer case cuts right to the heart of giveaway items and fair taxation. Updated: 6:19 PM EDT Jun 13, 2018 John London/WLWT.com The tax battle over bobble heads landed in the courtroom of the OhioRead More
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
Otherwise taxable “employment services” are exempt if the personnel are assigned to the purchaser on a permanent basis under a one-year contract. This does not mean the individuals must work for the purchaser forever (or even continuously during the one-year term), but only that each leased employee is intended to be used for an indefinite period ofRead More
