Blog & Newsroom

Ohio to Offer Tax Amnesty Jan. 1-Feb. 15, 2018

Ohio to Offer Tax Amnesty Jan. 1-Feb. 15, 2018

Ohio taxpayers with outstanding bills will have a window to pay up without penalty.

The Ohio Department of Taxation is offering amnesty from Jan. 1 to Feb. 15, 2018 to individual and business taxpayers.

Tax commissioner speaks at Columbus Accounting Show

ODT has launched a statewide campaign to raise awareness of the amnesty. Ohio Tax Commissioner Joe Testa kicked off the effort Nov. 10 by discussing the issue with attendees at OSCPA’s Columbus Accounting Show.

The Department of Taxation will offer amnesty on the following:

    • Individual taxes
    • School district income taxes
    • Employer withholding taxes
    • Employer withholding for school district income taxes
    • Pass-through entity taxes sales tax
    • Use taxes
    • Commercial activity
    • Financial institutions
    • Cigarette and other tobacco products
    • Alcoholic beverage

Amnesty is available only for taxes that were due and payable as of May 1, 2017, and still remain underreported or unreported. Those who fully pay qualifying tax delinquencies will owe no penalties and only half the interest normally charged. The program does not apply to any tax for which a notice of assessment or audit has been issued, for which a bill has been issued, that relates to a still-open tax period, or for which an audit has been conducted or is pending.

Taxpayers can learn more and determine eligibility at www.OhioTaxAmnesty.gov; or by calling 800-304-3211.

This article appears courtesy of the Ohio Society of CPAs Community News published Nov. 16, 2017. 

Tax_Team.jpg
Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
Employee Leave Donation

You may have heard the terms “donated leave” or “leave sharing” being used within the business community over the past few years. This has been something that various companies have adopted to help boost morale, promote compassion, and support their employees....

ODJFS adds new technology and customer service fee

In a letter dated Nov. 7, Ohio Department of Job and Family Services Director Matt Damschroder explained a new fee that employers will be charged on their quarterly unemployment insurance tax rate. Included within Ohio’s recently passed biennial budget (House Bill 96)...

What Does the Government Shutdown mean as Oct. 15 approaches?

Extended Filing Due Date Approaches for 2024 Individual Income and Gift Tax Returns As the Oct. 15, extension deadline looms for filing 2024 individual income and gift tax returns, what does the federal government shutdown mean for Internal Revenue Service employees...

Electronic payment requirement will not affect 2024 tax returns

There will soon be a big change for some taxpayers in how they send tax payments to the federal government or receive refunds. Executive Order 14247, Modernizing Payments to and from America’s Bank Account, is intended to modernize financial operations, reduce costs,...

New Ohio Withholding Rates Go Into Effect on Oct. 1

Ohio employers and employees should prepare for an important payroll update this fall. Starting Oct. 1, the Ohio Department of Taxation will implement new state income tax withholding tables. The change was necessitated by the passage of House Bill 96, the state’s...

Send us your questions and we’ll share our insights with you on our blog!

Share Your Idea For 
A Zinner Blog Article