A new tax proposal by Ohio Governor John Kasich (R) would lower individual income tax rates and introduce a 50% income deduction for small businesses; however, these cuts would be paid for by broadening the state sales tax to apply to services at a rate of 5%, down from the current rate of 5.5%. While architects and small firms would undoubtedly benefit from the income tax cuts and deduction, the sales tax on services is problematic for the architectural profession. If the tax plan is approved, architects may find themselves at a distinct disadvantage to out of state firms. (continue reading)
Thoughts? IMO, educated professionals like architects are hardly beating down Ohio's doors to practice here as it is, and this just gives one more reason for recent architectural graduates to practice elsewhere.
Non Sequitur
Jun 19, 23 7:17 am
strange 10y post redirection.
Sales tax on professional services, as far as I can recall, has always existed in my area.
b3tadine[sutures]
Jun 19, 23 10:18 am
Strange, because he's not been governor for some time...
Non Sequitur
Jun 19, 23 10:28 am
was not sure if spambot or genuine but lost commenter resurrected this.
Chad Miller
Jun 19, 23 10:31 am
Genuine spambot? Those are a thing right?
Richard Balkins
Jun 19, 23 4:00 pm
spam bot must have posted something and then the post is pulled from being publicly viewable but technically in the database so this thread still appears. If the post was fully and completely deleted, the thread might drop back but too late now with the recent posts.
Ohio Tax Proposal Would Extend Sales Tax to Architectural Services
A new tax proposal by Ohio Governor John Kasich (R) would lower individual income tax rates and introduce a 50% income deduction for small businesses; however, these cuts would be paid for by broadening the state sales tax to apply to services at a rate of 5%, down from the current rate of 5.5%. While architects and small firms would undoubtedly benefit from the income tax cuts and deduction, the sales tax on services is problematic for the architectural profession. If the tax plan is approved, architects may find themselves at a distinct disadvantage to out of state firms. (continue reading)
Thoughts? IMO, educated professionals like architects are hardly beating down Ohio's doors to practice here as it is, and this just gives one more reason for recent architectural graduates to practice elsewhere.
strange 10y post redirection.
Sales tax on professional services, as far as I can recall, has always existed in my area.
Strange, because he's not been governor for some time...
was not sure if spambot or genuine but lost commenter resurrected this.
Genuine spambot? Those are a thing right?
spam bot must have posted something and then the post is pulled from being publicly viewable but technically in the database so this thread still appears. If the post was fully and completely deleted, the thread might drop back but too late now with the recent posts.