Posts Tagged ‘Ohio Small Business Tax Credit’

So Is It a Tax Credit Or a Tax Deduction?

Wednesday, August 21st, 2013

As you can probably guess if you have seen any courtroom dramas lately, semantics is very important when it comes to the law. One word can totally change the meaning of something, and hence change the thinking or behavior of someone.  Or in the case of tax law, one word can be a “gotcha!” or really change just how useful a provision might be to your business.  Let’s take a look at the small business tax break that is part of the recently passed Ohio budget as an example.  (more…)

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