Ohio returning $13 Million in tax overpayments to businesses

New Policy Will Automatically Tell Businesses When They Are Eligible For A Refund

COLUMBUS – Today Gov. John R. Kasich joined Ohio Department of Taxation (ODT) Commissioner Joe Testa in beginning to return more than $13 million to 3,500 Ohio businesses that unknowingly overpaid their Commercial Activity Tax (CAT).

These refunds are the first resulting from a new policy that reverses previous anti-business practices and instead notifies a business taxpayer when they’ve made an overpayment and helps them with the process of reclaiming their money.

In the past ODT didn’t notify businesses of overpayments—even if the Department was aware of it—but instead made businesses discover the error themselves and then ask for their money back. If businesses failed to discover the error within a certain amount of time then they forever lost the right to reclaim it.

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June Business Profiles

SECRETARY OF STATE HUSTED ANNOUNCES JUNE BUSINESS PROFILES AND MARKS ONE YEAR ANNIVERSARY

Featured businesses highlight the wedding planning industry in Ohio.

 COLUMBUS – Secretary of State Jon Husted today announced that as part of an ongoing effort to recognize the impact of Ohio businesses, June’s Ohio Business Profile features companies throughout the state that fall under the “wedding planning” theme. This month also marks the one year anniversary of Ohio Business Profile.

“With wedding season being around this time of the year, it only seemed right to honor the businesses in Ohio that make these events so special,” Secretary Husted said. “Weddings are big business and contribute to our economy and society in many important ways.”

Companies profiled this month include:

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  • R.S.V.P. Weddings & Events LLC- Powell, Ohio – They focus on wedding weekend coordination and vendor recommendations.
  • White of Dublin- Dublin, Ohio – You can shop for all wedding attire here from wedding gowns to bride’s maid dresses.
  • Shade Winery- Shade, Ohio – Specializes in organically grown ingredients for all of their wine.

February’s Ohio Business Profiles

Featured companies all minority-owned businesses in Ohio

COLUMBUS – Secretary of State Jon Husted today announced that as part of an ongoing effort to recognize the impact Ohio businesses have on our state, February’s Ohio Business Profile features minority-owned businesses.

“These companies are a testament to the welcoming business climate in Ohio for entrepreneurs who provide quality services and products to their customers,” Secretary Husted said. “These businesses are an integral part of our communities and their continued success has a positive impact on our state.”

The companies being featured this month offer a wide variety of products and services, ranging from IT support to fishing gear.

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  • Executive Security Group – Cleveland, Ohio – Founded in 2008, this company offers armed and unarmed security, private investigations, BCII and FBI electronic fingerprinting and more.
  • Salamander Sinkers – Cincinnati, Ohio – This sporting goods company specializes in drop shot, freshwater drift and salt water drift fishing sinkers.
  • OCG Telecom – Cincinnati, Ohio – This IT and telecom equipment and software company began in 2008 and specializes in computers, software and routers.

Ohio Secretary of State Husted Releases Year-End Filing Figures for New Businesses

SECRETARY OF STATE HUSTED RELEASES YEAR-END FILING FIGURES FOR NEW BUSINESSES

Announces updates to filing forms for companies to make doing business in Ohio easier.

 COLUMBUS  Secretary of State Jon Husted today announced that 82,601 new entities filed to do business in Ohio in 2011. Those numbers are up compared to 2010, in which 80,081 new entities filed. Secretary Husted also announced the roll-out of updates to filing forms designed to make is easier for domestic and foreign companies to do business in Ohio.

When it comes to the number of new businesses choosing to operate in Ohio, our state is heading in the right direction, Secretary Husted said. The Secretary of States office continues to do its part to ensure a more welcoming business environment, working to streamline the filing process for Ohio companies. We hope for an even more prosperous year for Ohio in 2012.

The year-end numbers include figures for December 2011, in which the Secretary of States office assisted with 6,463 new business filings. This is a slight increase from December 2010, in which there were 6,226 new entities filed.

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