Portal Now Available to Apply for Ohio COVID Funding

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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Ohio Excludes Forgiven PPP Loan Proceeds from CAT Taxation

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 […]

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