Posts Tagged ‘UTEP’

A Use Tax Audit Could Cost You Big

Friday, July 27th, 2012

The State of Ohio is looking for additional tax dollars, and they’re not going to give you the benefit of the doubt if your business is audited for use tax. But you may be able to avoid a use tax audit if you qualify for a one-time opportunity to enter into the State of Ohio’s amnesty program. (more…)

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Do You Have Ohio Use Tax Exposure?

Tuesday, June 26th, 2012

Commonly Overlooked Ohio Use Tax Liabilities

For the last year, we’ve been telling you about the State of Ohio’s efforts to step up enforcement of its use tax law. Use tax can be thought of as a companion tax to sales tax. In many cases, if you didn’t pay Ohio sales tax, chances are you will owe Ohio use tax. (more…)

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Is Ohio Use Tax Amnesty just for companies?

Monday, March 26th, 2012

Everyone’s heard of sales tax.  That extra 7-ish percent that you pay on all of your purchases that goes to the State of Ohio.  But many consumers haven’t heard of use tax.  An accompaniment to sales tax, use tax is a tax on the goods and services that you should have had to pay sales tax on, but didn’t.  Confused? (more…)

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How do you participate in Ohio’s use tax amnesty program?

Friday, March 9th, 2012

The requirements for participating in the State of Ohio’s use tax amnesty program’s payment program just got a little easier. (more…)

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Guarantor Requirements for Ohio Use Tax Payment Plan Changed

Thursday, November 17th, 2011

The requirements for participating in the State of Ohio’s use tax amnesty program’s payment program just got a little easier. (more…)

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How Can I Apply for Ohio’s Use Tax Amnesty Program?

Tuesday, September 6th, 2011

By now you may have heard that the Ohio Department of Taxation has changed the process for businesses and individuals to voluntarily come forward to declare use tax they owe. A voluntary disclosure program that started earlier this year was suspended when the Ohio legislature approved a new Use Tax Amnesty Program as part of the biennial budget bill. (more…)

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Understand Ohio’s New Use Tax Amnesty Program?

Wednesday, August 31st, 2011

A new use tax amnesty program in Ohio will provide businesses with a one-time opportunity to save thousands of dollars in use tax, interest and penalties. This program was established by the Ohio legislature as part of Ohio’s biennial budget bill that passed in early July 2011.  Ohio’s amnesty program is one of the most taxpayer-friendly programs ever enacted by the State of Ohio. (more…)

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A One-Time Opportunity? Proposed Ohio Use Tax Amnesty Program Explained

Tuesday, June 28th, 2011
Ohio businesses may have a one-time opportunity to lessen their use tax liability due to a use tax amnesty measure in Ohio’s current budget bill. If passed, the law could be one of the most taxpayer-friendly laws ever enacted by the State of Ohio.

Note: Ohio has established its tax amnesty program since this post was originally created. Please click here for the most recent information. (more…)

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Ohio Use Tax Audits Find Big Liabilities from Small Items

Friday, June 10th, 2011

Note: Ohio has established a tax amnesty program since this post was originally created.

Keeping meticulous records has never been more important than it is today. With today’s governmental agencies looking for additional dollars, they’re not going to give you the benefit of the doubt should your business be audited for use tax. Consider these two recent cases: (more…)

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Do You Owe Use Tax? See These Commonly Taxed Items

Friday, May 27th, 2011

Use tax is one of those taxes that can sneak up on your business. And unfortunately, the State of Ohio has begun efforts to increase its education and enforcement of use tax. The Ohio Department of Taxation has already identified 380,000 businesses that do not have use tax accounts, and will soon be sending notices to bring them into compliance.

Note: Ohio has established a tax amnesty program since this post was originally created.

(more…)

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Have Questions About Ohio Use Tax? See Our Resource Center

Wednesday, April 20th, 2011

As we’ve been telling you over the past few weeks, the state of Ohio is about to step up its efforts to enforce its use tax law. To help businesses better understand and comply with Ohio’s use tax law, Rea & Associates recently created the Ohio Use Tax Resource Center, an online resource center. As far as we know, it’s the only resource center of its kind available to Ohio businesses.

Note: Ohio has established a tax amnesty program since this post was originally created.

(more…)

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What’s The Impact If I Don’t Comply With Ohio Use Tax?

Monday, April 4th, 2011

For the past few weeks. we’ve been talking about the state of Ohio’s stepped up enforcement of its use tax law. So what happens if you don’t comply?

(more…)

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Why Should I Enter An Ohio Use Tax VDA Now?

Tuesday, March 29th, 2011

If your company doesn’t currently pay Ohio use tax, you will soon.

The Ohio Department of Taxation is stepping up its use tax enforcement. The department is conducting a use tax education program (UTEP) and will begin notifying businesses about their use tax liability this summer.

Note: Ohio has established a tax amnesty program since this post was originally created.

(more…)

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What Does Ohio Use Tax Mean to You? Learn More in this Webinar

Tuesday, March 22nd, 2011

Ohio’s Department of Taxation is getting serious about its enforcement of the state’s use tax law – and the longer you wait to comply, the more it will cost you.

Note: Ohio has established a tax amnesty program since this post was originally created.

(more…)

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Worried about Ohio Use Tax? If Not, You Should Be

Thursday, March 17th, 2011

Ohio’s Department of Taxation is getting serious about its enforcement of the state’s use tax law. Use tax is a tax that wasn’t paid, but should have been, on taxable property or services your business purchased. It most often occurs when a business purchases goods in-state, out-of-state or over the Internet, and the retailer does not collect Ohio sales tax.

Note: Ohio has established a tax amnesty program since this post was originally created.

(more…)

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