This event has concluded.

The Ohio Virtual Tax Academy (OVTA) is a free event designed to provide tax-related information to small business owners. Attorneys and accountants are also invited to attend and can earn up to three (3) CLE credits (pending Ohio Supreme Court approval) and up to three and a half (3.5) CPE credits. More information about the next OVTA will be available soon.

The latest event is scheduled for: Feb. 15, 2017 

Important: If you are seeking CLE and/or CPE credit, you will be expected to watch/listen for the VTA “code words” that will be scattered throughout the presentations.  There are a total of six words that you will need to remember.  Upon exiting the event, you will be prompted to supply the code words in order to receive credit.  Failure to identify the appropriate code words will result in a loss of possible credit awarded. Effective January 1, 2014, attorneys may earn up to 12 hours of self-study CLE credit towards their annual limit from online webinars. The Ohio Department of Taxation is an equal opportunity employer and provider of ADA services.

If you have any questions please email Organizational Development or call us at (614) 466-7560. Our normal business hours are Mon-Fri 8:00 am - 5:00 pm.

Agenda/Materials

Important:

The information presented in the slide presentations and contained in the FAQs is accurate as of the date of the presentation. To the extent that the positions stated in the FAQs do not conflict with any recent legislation, such positions are still in effect.  However, please note that the presentations and FAQs related to OVTA webinars are static and will not be updated to reflect more recent legislation, rules, court decisions, Information Releases or other types of guidance.  Additionally, many times the facts and circumstances surrounding the specific scenario will impact the answer.  Please contact the Department directly if you have any questions (Individual Income Tax - (800) 282-1780 or Business Tax - (888) 405-4039).

8:20 - 8:30

Opening Remarks

Nathan Wright & Joe Testa

8:30 - 9:30

The Executive Budget

Tax Commissioner Joe Testa will cover the primary elements of tax reform contained in the Governor’s recently released biennial budget for Ohio. Commissioner Testa will discuss the different taxes included in the reform plan , the proposed changes for each and the overall positive impact for Ohioans
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Joe Testa

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9:30 - 9:40

Break

 

9:40 - 10:40

Tax Expenditures

This portion of the Ohio Virtual Tax Academy will cover Tax Expenditures. We will discuss how a tax expenditure is defined and provide examples of how the fiscal impact of tax expenditures is estimated.


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Ken Frey & Meghan Homsher

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10:40 - 10:50

Break

 

10:50 - 11:50

Preparing for a CAT Audit

This presentation will cover how to prepare for a Commercial Activity Tax (CAT) audit. Topics covered will include where and when the audit will be conducted, what records will be requested, who is involved with the audit, and how to pay or appeal an audit.


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Darren Miller & Ben Waterman

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 11:50 - 12:00

Evaluations/Closing Remarks

Nathan Wright

 

Who does tax return for sole proprietor? Ohio or Muni?Who does tax return for sole proprietor? Ohio or Muni?I like centralized filing for municipal net profits tax; however, I have cities that accept but do not require filing by S-corporations. The Gateway doesn't allow for submitting S-corp returns unless the city requires it. I hope this bump will be alleviated soon.I like centralized filing for municipal net profits tax; however, I have cities that accept but do not require filing by S-corporations. The Gateway doesn't allow for submitting S-corp returns unless the city requires it. I hope this bump will be alleviated soon.Will there be any changes in the Joint Filing Credit that has not been adjusted in years?Will there be any changes in the Joint Filing Credit that has not been adjusted in years?Clothing is not a necessity?Clothing is not a necessity?Is there a difference between landscaping design and gardening? Is there a difference between landscaping design and gardening? Interest income is already exempt from CAT tax so I’m confused on the statement in the first bullet point.Interest income is already exempt from CAT tax so I’m confused on the statement in the first bullet point.Am I correct that this tax reform proposal would NOT affect Schedule C filers, but only incorporated entities?Am I correct that this tax reform proposal would NOT affect Schedule C filers, but only incorporated entities?Where do I get to read proposed language for landscape design? Is there a copy on the web? Where do I get to read proposed language for landscape design? Is there a copy on the web? Are the 4 year and 7 year statute of limitations the same for sales tax and income tax?Are the 4 year and 7 year statute of limitations the same for sales tax and income tax?Where can I find the requirements that indicate that I must register for and file the CAT? Where can I find the requirements that indicate that I must register for and file the CAT? For the CAT tax, if you pay the tax on taxable gross receipts and never collect the gross receipts, can you subtract the bad debt from your taxable gross receipts when you record it as bad debt?For the CAT tax, if you pay the tax on taxable gross receipts and never collect the gross receipts, can you subtract the bad debt from your taxable gross receipts when you record it as bad debt?For a taxpayer that inadvertently fails to file the CAT return and receives an assessment, will the CAT tax be automatically reassessed after the return is filed? Or must the appeal process be followed? Thank youFor a taxpayer that inadvertently fails to file the CAT return and receives an assessment, will the CAT tax be automatically reassessed after the return is filed? Or must the appeal process be followed? Thank youWhat about reimbursed expenses from your customers? Do these reimbursements from customers count as "gross" receipts?What about reimbursed expenses from your customers? Do these reimbursements from customers count as "gross" receipts?To clarify, are expenses directly reimbursed by a customer (with no markup) taxable for CAT purposes?To clarify, are expenses directly reimbursed by a customer (with no markup) taxable for CAT purposes?Is there a release or other reference that I may use for substantiation of this rule? Thank you.Is there a release or other reference that I may use for substantiation of this rule? Thank you.If you don’t have an installment payment process, what do you do if a taxpayer does not have the money to pay the audit amount all at once?If you don’t have an installment payment process, what do you do if a taxpayer does not have the money to pay the audit amount all at once?How is situsing of gross receipts determined?How is situsing of gross receipts determined?Where does legal title to the goods/services exchanged for the gross receipts occur?Where does legal title to the goods/services exchanged for the gross receipts occur?What does determine situs, then?What does determine situs, then?Can you contribute $2,000 per beneficiary for both the 529 education AND ABLE and deduct $4,000 on the IT 1040?Can you contribute $2,000 per beneficiary for both the 529 education AND ABLE and deduct $4,000 on the IT 1040?
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Presenters
Joe Testa

Joe Testa            

Tax Commissioner

Joe W. Testa is the 18th Tax Commissioner to lead the Ohio Department of Taxation. The Tax Commissioner is responsible for administering and enforcing most state and many local government taxes, including the state income tax, state and local sales taxes, and several business and excise taxes. All told, these taxes provide approximately $30 billion in revenues to support funding of Ohio’s schools and colleges, Medicaid, law enforcement, transportation and a myriad of other public services.

 

Nathan Wright

Nathan Wright

Tax Education Program Manager

Nathan began his career with the Department of Taxation in 2006 as a TCA 1 in TPS. He became a TCA 3/Lead in TPS in Feb. 2011 and then moved to STARS in May 2013 as a tester/trainer. In November of 2013 Nate moved to OrgD/Tax Education Program. The TEP team is responsible for creating a cohesive, unified, tax-related training program. They will create and maintain a program that focuses on up-to-date, relevant, and easy to access resources. Nathan received a Bachelor’s Degree in Business Administration from Ashland University in 2003.

 

Ken Frey
 

Ken Frey

Tax Analysis Professional

Ken Frey has been with the Tax Analysis Division of the Ohio Department of Taxation since December 2005. His responsibilities include forecasting revenue from the Ohio Individual Income Tax and the Ohio Sales Tax as well as monitoring and analyzing state tax receipts and economic data. Ken is a graduate of and an instructor at the Office of Budget and Management’s Ohio Fiscal Academy. He received his B.S. in Labor Economics from The University of Akron in 2002 and his M.A. in Economics from The University of Akron in 2004.

 


Meghan Homsher

Meghan Homsher

Tax Analysis Professional

Meghan Homsher has been with the Tax Analysis Division of the Ohio Department of Taxation since April 2005. Her responsibilities include providing analysis of proposed legislation and contributing to department publications. Meghan received her B.A. in Public Administration and Political Science from Miami University in 2001 and her Master of Public Administration from the John Glenn College of Public Affairs at Ohio State.

 

 
Benjamin Waterman

Benjamin Waterman

Office of Chief Counsel, Division Counsel

Ben currently serves as Division Counsel to the Business Tax and Excise & Energy Tax Divisions. He is primarily responsible for the Commercial Activity Tax, Petroleum Activity Tax, alcohol excise taxes, and the Replacement Tire Fee. Ben has been with the Department for three years and previously served as a tax agent in the Business Tax Division and Legal Counsel to the Bankruptcy Division.

 

Darren Miller

 

Darren Miller

Tax Examiner Manager

Darren is an audit manager with the audit division specializing in Commercial Activity, Petroleum Activity, and Employer Withholding Taxes. Darren joined the Department in May, 1984 as a Personal Property Tax auditor. Darren has been in charge of an audit group since 1986. He has served as a presenter in various tax training presentations. He was part of the initial team of management to learn the Commercial Activity Tax, train personnel and assist in establishing an audit compliance program for the Department. Darren is a graduate of Belmont College with degrees in Accounting and Computer Programming.

 

 
Past Events

For topics, presentation materials, and full-length videos of our past events, follow the links below:

August 2017

May 2017

February 2017

November 2016

August 2016

May 2016

February 2016

November/December 2015

September 2015

July 2015

March 2015

December 2014

September 2014

March 2014