A finding for recovery and four other findings of noncompliance were listed in Highland County’s 2021 audit released by the Ohio Auditor’s Office Thursday, May 4.
A finding for recovery and four other findings of noncompliance were listed in Highland County’s 2021 audit released by the Ohio Auditor’s Office Thursday, May 4.
Highland County Commissioners Jeff Duncan, Terry Britton and David Daniels met in executive session with Prosecutor Anneka Collins, Auditor Bill Fawley and Trea
Hurricane Ida hit the City of Philadelphia on September 1, 2021, and stayed for two days bringing with it strong winds, tornadoes, and heavy rainfall. Hurricane Ida left behind at...
Philadelphia City Council enacted Ordinance No. 210139-AA (the Ordinance;
available here), effective immediately, requiring all Philadelphia taxpayers to report any changes to their federal taxable income to the Philadelphia Revenue Department (the Department).
The requirement to report federal changes applies whenever there is a “Final Determination” that results in a change to a taxpayer’s federal taxable income. A Final Determination includes (i) the final resolution of a federal tax audit, (ii) entering into a closing agreement with the IRS, and (iii) a final decision by a federal court.
Following a Final Determination, a taxpayer has 180 days to file a Report of Change, in a form to be developed by the Department. The Ordinance allows the Department to impose penalties, in amounts to be established by regulation, for the failure to timely file a required Report of Change.