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
Movie icon

Joe Testa

PPT Iconpdf icon

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.


Movie icon

Ken Frey & Meghan Homsher

PPT Iconpdf icon

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.


Movie icon

Darren Miller & Ben Waterman

PPT Iconpdf icon

 11:50 - 12:00

Evaluations/Closing Remarks

Nathan Wright

 

What about reimbursed expenses from your customers? Do these reimbursements from customers count as "gross" receipts?

In most cases, yes these reimbursed expenses from your customers are a gross receipt.

What about reimbursed expenses from your customers? Do these reimbursements from customers count as "gross" receipts?

In most cases, yes these reimbursed expenses from your customers are a gross receipt.

SearchIcon
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.