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.
CHIPS Act poised to boost U.S. businesses
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently passed by Congress as part of the CHIPS and Science Act of 2022. President Biden is expected to sign it into law shortly. Among other things, the $52 billion package...