Ohio Income Tax – Ohio Clarifies when Sales of Business qualify for Favorable Business Income Treatment

Ohio has finally given taxpayers long-awaited clarity on the tax treatment for sales of business.  H.B. 515 specifically addresses two situations when gains from the sale of an equity or…

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Ohio Real Property Tax – Ohio severely restricts school districts’ rights to challenge property values

Recently-enacted HB 126 significantly alters the rights and procedures for local school districts (among other government entities) to contest property valuations for real property taxes. The changes described below will…

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