Monthly Archives: August 2012

Ohio Personal Tax Updates for 2012

The Ohio Department of Taxation recently released the 2012 personal income tax brackets and the personal exemptions for taxpayers, spouse and dependents.

Personal Income Tax Brackets and Marginal Tax Rates for Tax Year 2012

From

To

Marginal Tax Rate

Base Tax Liability

$0

$5,200

0.59%

$0.00

$5,200

$10,400

1.17%

$30.52

$10,400

$15,650

2.35%

$91.57

$15,650

$20,900

2.94%

$214.84

$20,900

$41,700

3.52%

$368.93

$41,700

$83,350

4.11%

$1,101.30

$83,350

$104,250

4.70%

$2,812.70

$104,250

$208,500

5.45%

$3,793.96

Over

$208,500

5.93%

$9,476.63

 

Each of the 2012 brackets incorporates a 2.1% increase over the corresponding bracket from 2011, rounded to the nearest $50.  …

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Management lessons from Chick-fil-a’s handling of controversy

This is not the forum to analyze the cause of the recent controversy surrounding Chick-fil-a, but as with any well-publicized adversity, astute business leaders will observe the corporate handling of the situation.

When faced with a very public and emotionally charged situation, what did the Chick-fil-a franchisees do?  They focused on execution and fundamentals.…

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