Zinner & Co. Blog and Newsroom

Governor Signs Tax Break for Teachers, Attorneys and Lobbyists into Law

Posted by Zinner & Co. Tax Team on Nov 11, 2019 10:47:05 AM

Governor Mike DeWine has signed a bill into law that will allow Attorneys and Lobbyists to take the Business Income Deduction (BID) deduction.

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Topics: Ohio business owners, income tax, business income deduction, ohio

Ohio House Passes Bill Reducing Taxes for Lawyers, Lobbyists & Teachers

Posted by Zinner & Co. Tax Team on Oct 15, 2019 5:45:00 AM

The Ohio General Assembly unanimously passed a bill that reverses a previous tax measure, passed in July, that required lawyers and lobbyists to pay tax on the first $250,000 of income they earned.

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Topics: Ohio business owners, income tax, SALT, business income deduction

Changes to Ohio’s Business Income Deduction Still Undecided

Posted by Zinner & Co. Tax Department on Jul 1, 2019 11:14:00 AM

Ohio's state constitution requires that the state's biennial budget be approved by June 30. That deadline has come and gone and Ohio's Legislature has not yet passed a budget. The house and senate both approved a measure that extends state funding at current levels for 17 days while lawmakers try to compromise on the 3,000+-page budget bill.

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Topics: income tax, business income deduction

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