Brixey & Meyer Blog

    Angela Wurtenberger

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    Proposed Ohio Business Income Deduction Changes Will Increase Taxes For Business Owners

    Posted by Angela Wurtenberger on May 23, 2019 12:04:31 PM

    The Ohio House is pursuing a significant change to Ohio’s Business Income Deduction currently benefiting owners of Ohio pass-through entities. The current Business Income Deduction provides great tax benefits for business owners; however, it is costing the state approximately $1 Billion in revenue.

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    Topics: brixey and meyer, ohio, Tax, Tax Team, Business Owners, Deductions

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