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      May 26, 2018

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Tax Relief in Ohio

Ohio MapThe economy of Ohio is thriving, and it has been said that Ohio is comparable to the economy of Sweden. Even though the economy has been ok in recent years, many people were stuck with frustrating tax debt after the economic struggles that have plagued the nation. Are you one of those Ohio residents who found themselves in the situation where you are facing too many taxes than what you can pay?

Tax relief is a great solution to help you overcome these tax burdens, but it is important that you are working with a trusted company who knows how to get it done right. The IRS doesn’t mess around, and if you handle the tax debt without talking with a consultant, then it is likely that you will create a bigger mess.

People who handle their tax bills on their own often find themselves in a situation where they are dealing with paycheck garnishment or even the seizure of their assets. You don’t want to wake up one day to find that you are in a worse financial situation just because you didn’t handle your tax debt correctly.

There are several advantages to working with a tax relief company in Ohio. A tax relief company can help in several ways to negotiate with the IRS and even potentially decrease your tax burden all together. Tax laws can also be complicated but experts are familiar with each of them that apply to the residents of Ohio. Using a tax relief company is one way to get back on your feet financially.

 

Ohio deposits tax refund into wrong person's account: Money Matters

Q: On May 11, a $322 deposit was made to our checking account by the state of Ohio. The state has confirmed by phone it ... You told me you'd already filed your state income tax return in February and got your refund. So what was this

Published:  Wed, 23 May 2018 02:01:00 GMT



Ohio tax amnesty program falls short of estimates

Collections of unpaid taxes from Ohio's latest amnesty program have come up short of what had been anticipated. The state collected $14.3 million, below the state's $20 million estimate. The program, which ran from Jan. 1 to Feb. 15, gave businesses and ...

Published:  Tue, 15 May 2018 13:35:00 GMT



Form 497K PUTNAM OHIO TAX EXEMPT

Beginning on May 21, 2018, the fund will offer class R6 shares to: "˘ employer-sponsored retirement plans that are clients of third-party administrators (including affiliates of Putnam) that have entered into agreements with Putnam; "˘ investors ...

Published:  Thu, 17 May 2018 11:37:00 GMT



Tax credits to support 620 new and renovated housing units in Central Ohio

Ten housing developments around Central Ohio have landed tax credits. The Ohio Housing Finance Agency voted Wednesday to award its 2018 Housing Tax Credits to 37 projects around the state, including 10 in Central Ohio. The funding will substantially ...

Published:  Fri, 18 May 2018 08:35:00 GMT



State tax credits help Aldi, HomeGoods create more jobs in Northeast Ohio

CLEVELAND, Ohio - Medina and Trumbull counties are expected to gain 1,066 new jobs at Aldi and HomeGoods, aided by Ohio tax credits. Aldi Inc. expects to create 66 full-time positions, generating $2 million in new annual payroll and retaining $8.6 million ...

Published:  Tue, 22 May 2018 05:35:00 GMT



Supreme Court rejects Navistar's appeal in $27M tax case

The Ohio Supreme Court sided with the state in a legal fight with Navistar over how tax credits are applied to manufacturers throughout Ohio. The truck maker had appealed a previous decision by the state tax commissioner and the Board of Tax Appeals that ...

Published:  Thu, 17 May 2018 05:15:00 GMT



Ohio's property tax rate 9th highest in U.S.

The average Ohio homeowner pays 1.72 percent of their home value in taxes, according to an ATTOM Data Solutions analysis of property taxes levied on single family homes. The state has 3.4 million single family homes with an average estimated value of $ ...

Published:  Fri, 18 May 2018 08:05:00 GMT



TJX to give back to Lordstown schools, tax credit approved by the state

Kasich approved a measure by the Ohio Tax Credit Authority (TCA) that would give TJX HomeGoods a 10-year tax credit. The 1.404 percent Job Creation Tax would require TJX HomeGoods to keep operations at the Lordstown location for at least 13 years.

Published:  Mon, 21 May 2018 13:06:00 GMT



Tax credit round-up: 200-plus jobs, millions of dollars in payroll

A T-shirt maker, an auto parts supplier and a staffing firm committing to more than 200 new jobs combined all were approved for state tax incentives Monday. It was a busy day at the Ohio Tax Credit Authority as far as Central Ohio projects are concerned.

Published:  Mon, 21 May 2018 10:50:00 GMT



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