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Tax Ohio Govstaticforms2021 Ohio it 1041 Ohio Department of Taxation

Tax Ohio Govstaticforms2021 Ohio it 1041 Ohio Department of Taxation

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good evening I'd like to begin by saying thank you and welcome everyone who decided to attend today to learn about the updates to commercial activity tax my name is Jay Barnes and I'm a tax examiner in the business tax division today we're going to review some of the updates coming to cat my hope is that by the end of this presentation you you will have a clear understanding of the cat changes to determine how they may or may not affect you before we begin there are a few items I would like to review with you based on recent phone calls and corresponden received by the department if you're going to cancel your account due to being below the new threshold the effective date you'll want to use is 1231 2023 if you cancel an account prior to filing either your fourth quarter 23 or your 2023 annual return that will have no impact on your ability to file Gateway and telile will still allow you to file your 2023 returns we want to provide this disclosur

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