In conjunction with various state agencies, the Ohio Office of Budget and Management (OBM) has opened the portal for certain Ohio healthcare providers to apply for additional COVID funding. The State of Ohio has recognized the need to assist healthcare providers during the ongoing pandemic, noting providers have incurred significant losses and continue to incur […]
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The State of Ohio has joined other states in excluding forgiven Paycheck Protection Program (PPP) Loans from taxation. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed by Congress, provides federal assistance to small businesses, including forgivable PPP loan. The amount of a PPP loan and any amount of the loan that is forgiven […]
Read the full articleDue to the COVID-19 pandemic, the Ohio Bureau of Workers’ Compensation (BWC) has implemented changes in payroll reporting requirements. This is done in an effort to help ease the economic impact of the state of emergency on Ohio businesses. The changes address the fact that many employees have been working from home or furloughed. Additionally, […]
Read the full articleOhio Governor Mike DeWine has signed three new funding opportunities for small and medium-sized businesses in Ohio. Two of the programs offer grants to businesses that either manufacture personal protective equipment (PPE), or are owned and operated by minorities or women. The third will make loans available to businesses in Ohio’s Appalachian region, which covers […]
Read the full articleDuring the COVID-19 pandemic, real property owners have had concerns on due dates for the payment of real property taxes and assessments for the second half of Tax Year 2019. The Ohio Department of Taxation has extended deadlines for the collection of real property tax for the following Ohio counties: Belmont (from July 20, 2020 […]
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