Sullivant’s Travels is a site-specific journey through the mind of a building – namely Ohio State’s newly renovated Sullivant Hall, home to the university’s dance department. World-renowned director and choreographer Stephan Koplowitz developed eleven simultaneous performance elements featuring artists from OSU’s Department of Dance, School of Music and Advanced Computing Center for the Arts and [...]
Ohio Tax Chief: Businesses Should Adjust Tax Rates
Ohioâ€™s tax chief is reminding businesses that reduced income-tax rates are about to kick in.
Tax Commissioner Joe Testa told employers in an alert Monday that new withholding rates take effect for payrolls ending on or after Sept. 1. His advisory directs businesses to updated state tax tables and how-to instructions.
The $62 billion, two-year state budget Gov. John Kasich signed June 30 cut Ohio’s income tax rates by 8.5 percent in 2013, another half percent in 2014 and another 1 percent in 2015. These are Ohio’s first downward revisions since 2009.
Testa said changing withholding rates now will allow workers to benefit right away from the tax reductions.
Taxpayers will receive the full benefit when filing state tax returns next spring.