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Income tax changes: Work-from-home could have big impact on city budgets


Income tax changes: Work-from-home could have big impact on city budgets
Copyright Adobe
and last updated 2021-07-11 21:36:55-04
Shifts toward more people working from home long-term could mean large income tax losses for many Ohio cities while other cities could reap more, according to local leaders and experts.
The state legislature recently wrote into the two-year budget that Ohioans working from home in 2021 onward will pay income taxes based on their home office location, not the address of their employer’s empty office building.
Many Ohio cities depend on income taxes to pay for a wide range of local services — police officers, firefighters and paramedics, parks, code enforcement, road repairs and snow plows. So where your municipal income taxes go every year has far-reaching implications. ....

United States , Gregr Lawson , Jay Carson , Alison Goebel , Wendy Patton , Buckeye Institute , Ohio Mayors Alliance , Ohio Local Government Fund , Regional Income Tax Authority , Greater Ohio Policy Center , General Assembly , Policy Matters , Local Government Fund , Policy Matters Ohio , மிடில் டவுன் , ஒன்றுபட்டது மாநிலங்களில் , ஜெய் கார்சன் , அலிசன் கோவெபெல் , வெண்டி பாட்டன் , பக்கி நிறுவனம் , ஓஹியோ மேயர்கள் கூட்டணி , ஓஹியோ உள்ளூர் அரசு நிதி , பிராந்திய வருமானம் வரி அதிகாரம் , அதிகமானது ஓஹியோ பாலிஸீ மையம் , ஜநரல் சட்டசபை , பாலிஸீ விஷயங்கள் ,

Ohio cities try to calculate income tax hit from those working at home


How much of a hit? That s nearly impossible to tell. 
Here s why: Changes included in the state s two-year budget would allow commuters who live in one city but work in another
 to receive a refund for any income taxes their employers collected while their office sat vacant in 2021. 
Not all work-from-home employees will take advantage of the refund, though.
If someone works in the same city as they live, that s a wash. If someone works in a city with a substantially similar tax rate as their home city, then they might not seek a refund because the amount would be minimal. In many cases, cities offer credits to offset the difference in income tax rates, complicating the equation. ....

United States , Franklin County , Mike Dewine , Kent Scarrett , Ohio Municipal League , Regional Income Tax Authority , Greater Ohio Policy Center , Auditor Dusty Rhodes , Keary Mccarthy , ஒன்றுபட்டது மாநிலங்களில் , பிராங்க்ளின் கவுண்டி , ஓஹியோ நகராட்சி லீக் , பிராந்திய வருமானம் வரி அதிகாரம் , அதிகமானது ஓஹியோ பாலிஸீ மையம் , தணிக்கையாளர் தூசி நிறைந்த ரோட்ஸ் , கோறி ம்க்கார்தீ ,

How much revenue would Ohio cities lose if ex-commuters get municipal income tax refunds?


How much revenue would Ohio cities lose if ex-commuters get municipal income tax refunds?
Jessie Balmert, Cincinnati Enquirer
© Sam Greene/The Enquirer
Rush hour traffic is light through the I-71/471 interchange into downtown Cincinnati and Northern Kentucky, as seen from the Mt. Adams neighborhood of Cincinnati about 5:15 p.m. on Tuesday, March 17, 2020. Traffic out of downtown was unusually light leaving the downtown area as many area workers have been instructed to work from home during the ongoing novel coronavirus outbreak.
Ohioans might enjoy working at home even as COVID-19 restrictions lift, but most Ohio cities could take a financial hit because of that option.  ....

United States , Mike Dewine , Kent Scarrett , Sam Greene , Ohio Municipal League , Regional Income Tax Authority , Greater Ohio Policy Center , Northern Kentucky , Enquirer Rush , Keary Mccarthy , ஒன்றுபட்டது மாநிலங்களில் , சாம் கிரீன் , ஓஹியோ நகராட்சி லீக் , பிராந்திய வருமானம் வரி அதிகாரம் , அதிகமானது ஓஹியோ பாலிஸீ மையம் , வடக்கு கெந்‌டகீ , கோறி ம்க்கார்தீ ,