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Ohio BWC Defers Monthly Premium Payments For Summer 2020

Posted by Zinner & Co. Tax Team on Jun 9, 2020 2:51:44 PM

On May 28, Ohio Gov. Mike DeWine announced the Ohio Bureau of Workers’ Compensation (BWC) will defer Ohio employers' premium installments this summer.

DeWine’s announcement was to help businesses focus on the well-being and safety of their customers and employees.

Businesses will have the option to defer their monthly premium payments with no financial penalties in the months of June, July, and August.

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Topics: Bureau of Worker's Compensation, Coronavirus, COVID-19, Mike DeWine

Ohio Submits Formal Request for Assistance for Small Businesses​

Posted by Zinner & Co. Tax Team on Mar 18, 2020 2:05:38 PM

The State of Ohio is taking action to help small business affected by the coronavirus pandemic.

On March 17, Ohio Gov. Mike DeWine and Lt. Gov. Jon Husted sent a letter and application to the U.S. Small Business Administration (SBA) to qualify the State of Ohio for the Economic Injury Disaster Loan program.

This federal program will enable small businesses and non-profits throughout the state impacted by the outbreak of COVID-19 to apply for low-interest loans for up to $2 million in assistance, which can provide vital economic support to help overcome the temporary loss of revenue they are experiencing.

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Topics: non-profits, Coronavirus, COVID-19, Small Business, John Husted, Economic Injury Disaster Loan, Federal Assistance, Mike DeWine, U.S. Small Business Administration, SBA

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