Ohio announces a new W-2 upload feature that’s coming soon. The OH Dept. of Taxation says that the new feature will allow payroll providers and employers to submit W-2 files to the department through the OH Business Gateway. This will eliminate the requirement for submitting a separate OH “IT 3, Transmittal of Wage and Tax Statements.” The Department also is planning to post new information and a tutorial on how to use the upload feature on its website gateway.ohio.gov. No date was provided as to when the feature will be available.
There still may be time to reduce your small business 2023 tax bill
In the midst of holiday parties and shopping for gifts, don’t forget to consider steps to cut the 2023 tax liability for your business. You still have time to take advantage of a few opportunities. Time deductions and income If your business operates on a cash basis,...