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Why Manufacturers Need to Know About Ohio’s R&D Investment Loan

By Mike Fink, CPA | Supervisor, Tax The state of Ohio established a Research and Development (R&D) Investment Loan program for qualified business owners more than 15 years ago but many business owners may be unaware of its existence or benefits. This program provides low-interest loans with a tax credit through the Ohio Development Services …

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Exciting News for Ohio’s Small Business Owners

Stimulating developments have occurred recently to reestablish important tax deductions for small business owners in Ohio. Early in June: The Ohio House of Representatives passed their version of a state budget, including an increase of $1.2 billion in business taxes. The House budget cuts personal income tax rates by 6.6% but switched tax burden to …

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