NWOTCA
Meeting Date:
Call to Order
The meeting was called to order in
Archbold and began with the announcement that Cheryl Layman was going to stay
on as
Jim Neusser attended the last OML meeting and handed out a tentative schedule of the conference this July 14, 15, and 16. The schedule should be on the OML website by the end of the week. The Thursday Ohio Business Gateway session is to include discussions on The Finder; the OBG name and address database.
Legislation
Ohio Society of CPA discussions on legislation concluded that there is no time to produce and pass legislation regarding preparer issues with city income tax. However, the Society is determined to have some legislation passed in 2011; with or without city input.
Regarding 2106 Employee Expense Deductions, the OSCPA supports city uniformity for handling the deduction, but removing the requirement could also be supported.
The CPAs support using the state bright-line test for domicile issues. While the OSCPA supports changes that are revenue neutral, that view is in a broad sense; meaning the legislation can cause one city’s revenues to increase while another’s decreases. Therefore the CPAs are also looking to bring uniformity to penalty and interest rates and net operating loss carryovers.
Regarding
filing of consolidated returns,
The CPAs continued their desire for municipal tax administrators to be certified. The OSCPA has offered to host tax administrator training on its website, and the content could be supplied by the OML and similar organizations.
The OSCPA is pushing for central collection of individual municipal income taxes. Their budget recommendations include funds to study the issue. While the Ohio Business Gateway is not viewed favorably, the CPAs propose that the state could be broken up into sections to collect the section’s taxes and collections could include other taxes like local sales taxes and county property taxes.
Other
Jim spoke about a Supplemental
Executive Retirement Plan (SERP) taxability appeal to the Ohio Board of Tax
Appeals by
Seminars
The group then began discussions of topics for the upcoming preparers’ seminar in late October (date to be determined) and the tax office seminar set for September 14th at the WW Knights Preserve in Perrysburg.
Topics for the preparer seminar were requested. Past topics (2106, 12 day rule, business allocation formula, payroll allocation to cities) were mentioned and other topics such as final returns for residents moving out with the proration issues, and rentals were brought up.
Discussion on attachments to city returns was received favorably by all. Andrew of Findlay has a sheet he sends to preparers to inform them of requirements. This sheet can be modified as necessary and provided to all attendees as well as posted on the NWOTCA website.
Angie suggested the use of a panel again since this has worked well in the past. She also suggested we all think about issues we have with preparers and e-mail her the list. The committee for the preparers’ seminar will meet after lunch.
New Business
Angie is currently working to update the website and requests ideas.
Information Exchange
In the
information exchange, many cities are still reporting revenues down compared to
the prior year. Some cities are
reporting some increasing withholding. Janet
of Fremont reported that a couple of companies are actually adding employees
this year. Napoleon and
Next Meeting
The next meeting will be June 8th in Whitehouse and will be a workshop format for discussion of tax office problems and issues.