ACTION REQUIRED / LIMIT OHIO USE TAX EXPOSURE
Any Ohio business not consistently filing an Ohio use tax return is exposed to an Ohio Department of Taxation (“Department”) investigation. If any of the following apply, and you do…
Any Ohio business not consistently filing an Ohio use tax return is exposed to an Ohio Department of Taxation (“Department”) investigation. If any of the following apply, and you do…
Buckingham attorney Neil Bhagat provides the following introduction to New Market Tax Credits: New Market Tax Credits (NMTCs) are an increasingly utilized strategy for encouraging economic development in struggling…
The Iowa Supreme Court recently handed down a decision in the case of Kentucky Fried Chicken v. The Iowa Department of Revenue and Finance, affirming the imposition of Iowa’s corporate…
Annually, The Tax Foundation ranks the 50 states according to how friendly their tax climate is to businesses. A friendly tax climate can be especially beneficial in difficult economic times,…
Buckingham attorney Anthony R. Vacanti offers the following insight on the common requirement that an earnest money deposit in a real estate contract be made in cash: This is the…
As described in Part 1 of this article, the scope of the manufacturing exemption from Ohio sales and use tax is determined by the beginning and end of the “manufacturing…
There have been many surprising discoveries made by owners after moving into a recently purchased home. Even with diligent inspections, purchasers can end up with problems they had no knowledge…
In a decision last week, the U.S. District Court for the Western District of Washington ruled that internet retail giant Amazon.com was protected from disclosing its customer names and certain…
An often over-looked and underutilized exemption from Ohio sales and use tax is the so-called “packaging exemption”. To claim this exemption, the business must engaged in one of several enterprises,…
Attorney Richard J. Lolli will be speaking at the Stark County Bar Association's 2010 Real Esate Seminar on October 27, 2010. Registration begins at 8:00 a.m. Mr. Lolli's topic will…