Ohio Tax Talk: Don't Neglect The Business Income Deduction

By Christopher Tassone and Edward Rivin (February 9, 2021, 3:17 PM EST) -- It's that special time of year again: tax season.

When it comes to filing income taxes, many taxpayers and preparers focus their attention on federal income tax deduction opportunities, such as itemized deductions, business deductions and others, while failing to take full advantage of state-level deductions and incentives.

With tax season upon us, Ohio taxpayers should be aware of one special deduction that is too often forgotten or misunderstood — the Ohio business income deduction.

The Ohio business income deduction is a special deduction for Ohio taxpayers that can generate significant tax savings on an annual basis and, particularly, in years...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!