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Retired Federal Employees Who Served in the Military and Receive Retirement Income from the Federal Government – What You Need to Know with Respect to Ohio Income Tax
By: Mark Rhea, J.D., CPA, CVA- Senior Assistant Accountant
Retired U.S. Military Veterans who are Ohio residents and receive retirement income administered through the Defense Finance and Accounting Service (DFAS) may exclude their military retirement income attributed to their Federal Adjusted Gross Income from Ohio Income Tax. But did you know that U.S. Military Veterans who go on to continue their service to our country through employment with the Federal Government may be able to have…
H&M Makes and Donates Blankets to Ronald McDonald House Charities of Central Ohio
H&M team members turned stress relief into giving back during this past tax season. When it all got to be too much, our accountants and staff members walked away from the numbers and worked on crafting tie blankets to donate to Ronald McDonald House Charities of Central Ohio (RMHC).
Team members across all of our office locations participated and together we made nine blankets to donate to RMHC. The patterns and prints used for the blankets were nothing short of adorable and a variety of styles were used to fit different…
Mark your Calendar for Ohio’s Sales Tax Holiday
Prepare to save money again this August thanks to the Ohio Sales Tax Holiday. The Ohio Department of Taxation has announced the following regarding the 2019 holiday:
Beginning in 2019, Sub. S.B. 226 provides for a permanent sales tax holiday on the first Friday, Saturday, and Sunday of August each year. For 2019, the sales tax holiday will begin on Friday, August 2 at 12:00 a.m. and end on Sunday, August 4 at 11:59 p.m.
During the holiday, the following items are exempt from…