Thanks to Matthew D. Maker, CPA with Barnes Wendling CPAs, Inc., there’s good news for small business owners in Ohio.
InvestOhio, a program developed to promote small business investments in Ohio, was renewed for the July 1, 2015 through June 30, 2017 biennium. InvestOhio provides a non-refundable personal income tax credit to people who invest in an eligible small business.
What Is an Eligible Ohio Small Business?
An eligible small business is defined as having either total assets of $50 million or less or total sales of $10 million […]