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Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
HB 1 is a bill introduced in the Ohio House of Representatives in 2021. The primary Republican author of the bill is Ohio State Rep. Jamie Callender. The Ohio Fair School Funding Plan is bipartisan legislation introduced in the Ohio House of Representatives as House Bill 1 (“HB 1”) by Republican Rep. Jamie Callender and Democratic Rep. Bride Rose Sweeney.
The filing deadline for individuals was March 1 in 1913 (the first year of a federal income tax), and was changed to March 15 in 1918 and again to April 15 in 1955. [9] Today, the deadline remains April 15, [ 10 ] unless it conflicts with a weekend or holiday.
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The 2024 tax rates haven’t been published on its taxation website yet, but Ohio’s 2024–2025 budget removed a state income tax bracket and reduced the top rate, leaving only two. Those with ...
Voters approved an increase in the income tax rate from 2.0% in November 2013 to fund a new police station and the new rate took effect January 1, 2014. The rate increase includes a sunset provision that requires the tax rate to return to 2.0% once debt is paid off on the new facility. [166]
As the 2024 election approaches, here's what to know about ballot tracking, vote-by-mail deadlines, and finding your polling site in Ohio.
Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and ...