Coronavirus Refunds: Ohio State Buckeyes To Refund Ticket Holders

PYMNTS

The Ohio State University Department of Athletics is allowing football season ticket holders to receive a reimbursement for impacted game tickets or get a credit to use for a ticket purchase going forward through an “opt-out” option, according to a statement.

Ohio 58

Ohio Bill Urges Govt. To Adopt Blockchain

PYMNTS

Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. According to Cleavland.com , the bill sponsored by Ohio Representative Rick Caragna is part of the state’s efforts to build a legal framework for the technology that underpins cryptocurrencies such as bitcoin. Ohio has been pushing to incorporate blockchain into government for some time.

Ohio 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Ohio State Tax Updates

Withum

Blogs

Ohio 52

Ohio To Let Businesses Pay Taxes With Bitcoin

PYMNTS

Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. Mandel, who is 41 years old, sees the new program as a way to increase convenience for tax filers and as an opportunity for “planting a flag” for Ohio as digital tokens get more broadly adopted. “I I do see [bitcoin] as a legitimate form of currency,” Mandel said, noting that he hopes other states will follow Ohio’s lead.

Ohio 62

Overstock To Pay Some Ohio Business Taxes With Bitcoin

PYMNTS

3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. In a press release , Overstock said it plans to pay its commercial activity taxes (CAT) in Ohio this coming February using the state’s recently launched OhioCrypto.com platform, which lets taxpayers pay state business taxes with bitcoin. Ohio is the first U.S. Cryptocurrency bitcoin cryptocurrency News ohio taxes What's Hot

Ohio 60

Why eCommerce Loves Ohio

PYMNTS

But, in actuality, if you want to see what the future of online retail looks like, you might need to look to Ohio. “For new development fulfillment centers, Ohio is usually at the top of the list for retailers,” Frank Layo, a retail consultant at Kurt Salmon, who advises retailers on supply chain and logistics planning, told CNBC. Ohio is ideally situated near large population hubs in the center of the country.

Ohio 40

Ohio Treasurer Suspends Bitcoin Business Tax Payment Program

PYMNTS

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. It is vital that Ohio explores innovative, new technologies and processes that continue to drive Ohio into the future,” he said. However, we must make sure any new processes that are implemented, such as OhioCrypto.com, are established in accordance with Ohio law.”.

Ohio 42

Ohio Firms Team To Put PPE Into Vending Machines

PYMNTS

CLEANLIFE and D & S are both in Cleveland, Ohio. To make personal protective equipment (PPE) available via vending machines, PPE and medical safety product distributor CLEANLIFE and vending industry supplier D&S Vending are joining forces.

Ohio 62

Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Nor do these mobile-enabled lottery cards represent Ohio’s first attempt to keep its edge when it comes to state lotteries. ” Worries about addiction also have come up with the launch of the mobile-enabled lottery cards in Ohio.

Ohio 40

Ohio Payday Loan Reform Supporters Get Green Light

PYMNTS

Consumer advocates in Ohio were granted permission to start collecting signatures to get a constitutional amendment regarding payday loan reform on the ballot. ” While Ohio voters overwhelmingly upheld a 2008 law aimed to regulate the industry and limit interest rates to 28 percent, lenders have been able to get around the regulation by registering under other state lending laws. ” Loans constitutional amendment News ohio PayDay Loan reform What's Hot

Ohio 40

Substitute Ohio Payday Loan Bill Friendlier To Lenders

PYMNTS

Loans consumer protection News Ohio Consumer Lenders Association payday lending bill Pew Charitable Trusts Scott Oelslager Senate Finance Committee Ted Saunders What's HotSenate Republicans expressed frustration because store owners still aren’t satisfied with the new payday lending bill, which is friendlier to lenders. You and your people have been involved in this bill for over a year since it was introduced,” Sen.

Ohio 42

Charles, Curry to Present at Ohio Valley Society of Plastic Surgeons’ 2019 Annual Meeting

Katz,Sapper&Miller

Katz, Sapper & Miller’s David Charles and Lisa Curry will present at the Ohio Valley Society of Plastic Surgeons’ 2019 Annual Meeting. The event will take place from May 31-June 2 in French Lick, IN and will bring together plastic surgeons from five states: Indiana, Kentucky, Ohio, Pennsylvania, and West Virginia

Hillbilly Elegy Author J.D. Vance Heads To Ohio In Search Of Investment Opportunities

PYMNTS

According to reports, Vance is heading home to Ohio on the hunt for venture deals for Steve Case’s investment vehicle Revolution LLC. Ohio, by comparison, attracted $303 million, and Kentucky $22 million. “A Financial Inclusion funding hillbilly elegy JD Vance mithril News ohio Peter Thiel VC Venture Capital What's HotBefore writing the year’s surprise nonfiction hit Hillbilly Elegy , J.D.

Ohio 40

'Grow Your Restaurant' Podcast: Natalie Walston of the Ohio Restaurant Association

Katz,Sapper&Miller

In this episode, Natalie Walston, communications director at the Ohio Restaurant Association, joins us to discuss current legislation and the latest trends affecting restaurant owner-operators

Ohio 40

Computer Virus Brings Ohio Town’s Government To A Halt

PYMNTS

A virus that infected the computer system of the Licking County government offices in Ohio has shut down the entire network, including that of the local police force, and a financial demand was made to restore everything back to normal, according to TechCrunch. The virus hit several local governments in Ohio and was the subject of a warning from the state auditor last summer.

Ohio 40

Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill

PYMNTS

Loans Cannabis Colorado Coronavirus COVID-19 essential workers legal loans Marijuana News ohio pandemic What's HotRepresentatives from Colorado and Oregon, states known for liberal cannabis laws, want the cannabis industry to be included in future Paycheck Protection Program (PPP) legislation.

Data Breaches Impact Unemployment Benefit Applicants In Four States

PYMNTS

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers.

Today In Payments: German Leaders To Vote On eScooter Ban; Softbank Takes Hit In Quarterly Earnings

PYMNTS

Ohio University On Paper Checks And The Higher Ed Financial Aid Catch 22. In the latest Disbursements Tracker, Ohio University Bursar Sherry Rossiter discusses student need for faster payment options and why it’s time to oust paper checks from student aid.

Ohio 54

Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh Mandel said the initiative would increase “options and ease” for businesses, and support the local tech startup community. Ohio’s effort signaled a renewed push for corporate adoption of cryptocurrency.

The Struggles Of Crafting Digital Disbursements For University Students

PYMNTS

However, universities can make digital disbursements easier to access and more appealing for students, Sherry Rossiter, bursar at Ohio University , told PYMNTS in a recent interview. “We

Ohio 52

Mega Millions Winning Ticket Could Come Via Payment Card Tonight

PYMNTS

For instance, Ohio — which also accepts credit and debit for purchases of lotto tickets — recently launched what was described as the state’s “ first mobile-enabled lottery card.” Retail gambling lottery lottery ticket Lotto Mega Millions Mobile Payments News ohio Payment CardsPayment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct.

The Regulatory Future Of Payday Lending

PYMNTS

Most recently, Ohio capped off a 10-year regulatory project two weeks ago, with John Kasich’s signature on a new bill that will close loopholes in 2008 legislation to legally rein in short-term lenders. New Rules in Ohio. Ohio’s House Bill 123 officially exists to close a series of loopholes that existed under the state’s previous attempt at regulating the short-term lending industry, the 2008 Short-Term Loan Act.

Emerging Restaurant Delivery Services Take Hold In Small Cities

PYMNTS

But that’s not the case for some cities, such as Youngstown, Ohio. As Youngstown, Ohio, is near the Pennsylvanian border, the platform serves both Youngstown and a small portion of western Pennsylvania. Delivery doordash e-commerce food delivery Grubdom grubhub mobile app News ohio Restaurants ResTech Retail Seamless Takeout Uber EatsThose hungry for takeout in many cities can choose from a variety of restaurant delivery services.

What's new in May for state sales and use taxes

TaxConnex

Ohio has determined that a taxpayer’s purchase of equipment used in hydraulic fracturing was not exempt from Ohio sales and use tax as the equipment was not used directly in the production of crude oil and natural gas. What’s new in May for state sales and use taxes.

Sales 159

High Regard

RitaKeller

Living in Ohio, The Pioneers is of interest to me cause it is about the first settlers that crossed the Ohio River and settled what they then called the Ohio country. It was really part of a larger area called the Northwest Territory where the states of Ohio, Indiana, Illinois, Wisconsin and Michigan would thrive. There was, as yet, no President, and Cutler had to bargain with Congress directly to get permission about the Ohio settlements.

Ohio 43

Recent Cases Show You Shouldn't Mess with Sales Tax Obligations

TaxConnex

In another case, Ohio AG Dave Yost is trying to crack down on online retailers of beer and wine with a recent injunction in federal court this week. He is trying to prevent several online retailers from bypassing the state’s licensed retailers and avoiding Ohio alcohol taxes.

Sales 153

No Complaining – Friday Flashback

RitaKeller

It’s a snowy one here in Ohio. “You don’t make progress by standing on the sidelines, whimpering and complaining. You make progress by implementing ideas.” ” – Shirley Chisholm. I read a quote about spending time with people who complain and gossip. It inspired this flashback post from January 2020 – Tax Season Is Not Complaining Season. I hope it doesn’t sound like your firm! I hope you have a great weekend.

Ohio 43

Manchir to Discuss ESOP Feasibility at Great Lakes Regional ESOP Conference

Katz,Sapper&Miller

18-19 in Sandusky, Ohio, the conference will bring together the Indiana, Michigan, and Ohio/Kentucky chapters to discuss current topics pertinent to the ESOP community Andy Manchir, director in Katz, Sapper & Miller’s ESOP Services Group, will present at the 4th Annual Great Lakes Regional ESOP Conference. Taking place on Oct.

Ohio 40

Sales Tax Updates for Technology Companies

TaxConnex

In Ohio , a bank’s purchases of banking software and services did not qualify for an exemption from Ohio sales and use taxes because, as state statute degreed, software and services were not exempt services.

Vendor concessions/discounts can help pay to outsource sales tax obligations

TaxConnex

Colorado, Mississippi, Nevada, Ohio and Louisiana are among states offering a discount for prompt payment; Arizona gives a better discount for e-filers; Florida and South Carolina offer both.

Sales 181

Manchir to Speak at 2017 Annual Spring ESOP Conference

Katz,Sapper&Miller

Andy Manchir, director in Katz, Sapper & Miller’s ESOP Services Group, will speak at The ESOP Association’s Ohio/Kentucky Chapter 2017 Annual Spring Conference

Some States Ease Shutdown Rules, Allow Some Businesses To Reopen

PYMNTS

Texas, Ohio and New York are among the states joining Georgia over the next several weeks in reopening parts of their operations during the coronavirus pandemic, according to The Wall Street Journal (WSJ).

Taxation of services

TaxConnex

Two states took action last year regarding easing sales tax on specific services: Ohio repealed the state sales tax on employment services; and Texas Gov. Understanding the taxability of your company’s products or services is one of the key steps to complying with sales and use tax laws.

What’s new in state sales and use taxes

TaxConnex

Ohio is looking at repealing its gross receipts tax. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates, with a special focus this month on how more states and jurisdictions look to roll back sales tax.

Sales 171

Growing From $225K to $100M By Focusing on Execution | FREE BOOK OFFER

BuildYourFirm

He has served his profession within the ranks of the American Institute of Certified Public Accountants, including testifying before the Securities and Exchanges Commission on its behalf, and Ohio Society of CPAs. Master of Accountancy, The Ohio State University B.S.

Ohio 130

Trends: Are sourcing rules changing (and making anything easier)?

TaxConnex

Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. “Sourcing” or as we often call it, situsing, is key when you determine sales tax obligations: It refers to the location where a sale is taxed.

Bernie & What Digital Firms Request

RitaKeller

Of course, the most meaningful Bernie meme, for all of us working in the CPA profession, comes from Shayna Brooke, Founder & Chief Strategist at Shaynaco LLC in Gallipolis, Ohio. “Focus on being productive instead of busy.” ” – Tim Ferriss.

Ohio 80

Crypto, NFTs and sales tax: What we know so far

TaxConnex

Ohio tried accepting crypto for taxes four years ago but soon abandoned the idea. Sales tax has a universe of changing conditions. Now we can add more: cryptocurrency (such as bitcoin) and what seems to be its cousin, non-fungible tokens (NFTs).

Sales 175

Massachusetts Enacts Provision for Accelerated Sales Tax Remittance

TaxConnex

Massachusetts joins such states as Minnesota , Ohio , Pennsylvania and Michigan with accelerated tax payment programs. Massachusetts has joined the ranks of states that have provisions for accelerated remittance of sales tax. What does this mean for online companies that sell into that state?

Flinchum and Manchir to Discuss ESOP Tax, Accounting, and Valuation Practices at Annual Great Lakes Regional ESOP Conference

Katz,Sapper&Miller

17-18 in Sandusky, OH, the conference brings together the Indiana, Michigan, Ohio, and Kentucky chapters of The ESOP Association to discuss current topics pertinent to the ESOP community Katz, Sapper & Miller’s Mark Flinchum and Andy Manchir will present at the Fifth Annual Great Lakes Regional ESOP Conference. Taking place Oct.

What you need to know: “Origin” vs. “destination” states

TaxConnex

Origin based states Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. In real estate they say, “Location! Location! Location!” Same is true for sales tax – except the word can have different meanings.

What Do You Think?

RitaKeller

My granddaughter graduated, summa cum laude , from Miami University (of Ohio) on Sunday. “To think that in such a place I led such a life.” ” I am in a reflective frame of mind this morning.

Ohio 60

Sales Tax on Shipping: When Does it Apply?

TaxConnex

When only some of the contents of a shipment are taxable, the shipping charges must be pro-rated in Minnesota, New Jersey, North Carolina, North Dakota, Ohio, Rhode Island, South Dakota, Vermont, Washington and Wisconsin (where a “reasonable allocation” is required).

Sales 171