The OMA Tax and Finance Committee this week held its first meeting of 2021. Chaired by Meredith Mullett, senior manager of state tax operations for the J.M. Smucker Co. — and sponsored by OMA Connections Partner Huntington — the meeting featured a discussion with Ohio Tax Commissioner Jeff McClain, who updated members on collections during COVID-19 and recent improvements implemented by the Department of Taxation.
Justin Stallard and Bob Horstman from OMA Connections Partner RSM presented this briefing on the Employee Retention Tax Credit (ERC). Horstman said RSM has helped businesses that are applying for the ERC to identify and document how COVID-19 restrictions have impacted their operations.
Other highlights included a report from OMA Tax Counsel Justin Cook of Bricker & Eckler LLP. The next committee meeting is scheduled for June 2. 2/17/2021