Cash flow issues have been a continuous challenge for businesses. The quote below is just as relevant today as it was in 2009.
“Cash flow problems are common in business, and people often have a hard time figuring out what’s behind them. But there are actually just a few potential causes: You could have too much cash tied up in receivables or – if you have a product-based business – in inventory. … Read more >
The Governor is tackling head on a problem that many business people believe hampers the Ohio business environment – municipal income tax administration. Ohio is one of only a handful of states that allow municipalities to assess income taxes upon those who work or live in their communities. Many of the jurisdictions in Ohio participate in RITA – Regional Income Tax Agency which facilitates the filing of municipal income taxes, but the balance of the municipalities have their own tax departments to which individuals and businesses must file and pay. … Read more >