|
|
Legislation & Regulation
- Revised title agency review rules proposed to JCARR
- After months of discussion with Ohio Society experts and title agency representatives, the Ohio Department of Insurance (ODI) filed revised rules that impact annual “reviews” of title agency escrow accounts to be completed by CPAs.
- Campaign finance law ruled unconstitutional
- A Franklin County Common Pleas Judge ruled provisions of Ohio’s campaign finance law unconstitutional for the second time in six months. The decision nullifies provisions of House Bill 694 , legislation which limits how much vendors can give to...
- Governor signs small business forgiveness legislation
- Society-backed legislation that waives administrative fines or civil penalties for first-time paperwork violations by small businesses has been signed by Gov. Strickland. House Bill 285, sponsored by Rep. Ross McGregor, becomes effective 90 days...
- Senate committee approves SEC nominees
- The Senate Banking Committee approved three nominees to the SEC in a unanimous consent, confirming Luis Aguilar, Elisse Walter and Troy Paredes. The nominations will now be sent to the full Senate, where they are expected to be confirmed....
- U.S. House provision equalizes reporting standards for tax preparers, payers
- The U.S. House of Representatives passed a bill supported by both The Ohio Society and the AICPA that equalizes the tax return reporting standards for tax preparers and taxpayers. The language is included in H.R. 6049, the “Renewable Energy and...
- IRS withdraws proposed mortgage loan regulations
- The IRS withdrew proposed regulations that would have treated mortgage loans as capital assets and restricted the deductibility of mortgage defaults. The Treasury Department and the IRS first published the proposed regulations in August 2006,...
Back to Advocacy home page
|
|