Tax Credits Aid Region's Job Creation

Mar 27, 2013

Nearly 500 jobs are coming to southwest Ohio. The Ohio Tax Credit Authority approved assistance for projects in the region and As Emily McCord reports, Clinton County is seeing a large share of the funding. 

Three of the companies awarded the tax credits will be in the city of Wilmington. DealerTrack Incorporated expects to create over 200 jobs generating 6 million dollars in payroll. The company specializes in administration support for vehicle titles and contract scanning. Two other companies in the city will bring an additional 65 jobs to the area.

Business Groups Weigh Kasich’s Tax Proposal

Mar 11, 2013

As Gov. John Kasich’s budget moves through the Statehouse, lobbying groups are meeting with lawmakers, talking with the governor’s office and giving testimony. Among the more controversial pieces is Kasich’s proposal to cut the state’s sales tax and extend it to include services, most of which are currently untaxed. For Ohio Public Radio, WCPN's Nick Castele reports business group lobbyists are weighing how to respond.

Ohio is getting some national recognition for business development and job creation.

The Buckeye State ranked second in the country behind Texas last year for attracting new companies and business expansion. That's according to the annual list compiled by the business trade magazine Site Selection.

The Columbus Dispatch reports that several Ohio cities were recognized, too.

Columbus finished 10th among metropolitan areas with a population of at least 1 million people, and Cincinnati finished eighth.

State officials are looking optimistically at the number of new entities that filed to do business in Ohio in 2012.  It's the third year in a row the number of new business filings increased over the previous year. 

More than 88 thousand 'new business filings' came in last year, compared to 2011, in which just over 82,601 new entities filed with the Secretary of State, Jon Husted.

Ohio's tax department says it will start alerting businesses when they've overpaid taxes and help them reclaim their money.

Previously, if businesses failed to discover the error in paying their commercial activities tax within a certain time frame, they lost the right to reclaim it.

Gov. John Kasich and tax Commissioner Joe Testa announced the policy change Tuesday.

They said the Ohio Department of Taxation will begin notifying about 3,500 taxpayers who may have overpaid by a total of up to $13.7 million.

Bob Evans Farms Inc. says it will close two food production plants in Ohio next year and beef up its production at a Texas facility.

 The Ohio-based restaurant and food company plans to shut down plants in Springfield and Bidwell in southern Ohio next summer as it focuses on convenience foods, packaged side dishes and other higher-growth opportunities.

The move will mean over 50 jobs lost in Springfield and will affect about 110 employees overall. The company says it will try to place some of them in other jobs with Bob Evans.