OMA Tax Committee Reviews Recent State, Federal Activity

This week, the OMA Tax Committee — chaired by Meredith Mullett, manager of tax compliance for The J.M. Smucker Company — met virtually for its second meeting of the year. Members were briefed on recent tax-related developments since the start of the COVID-19 emergency and were provided an overview of the state’s deteriorating revenues. Guest speakers included Matt Peters, assistant director of the Ohio Development Services Agency (DSA), and John Werkman, chief of DSA’s business services division.

OMA members were briefed by experts from RSM on recent federal activity to provide more flexibility for recipients of Paycheck Protection Program (PPP) business loans and tax relief in response to COVID-19. The committee is scheduled to meet again Nov. 18. 6/10/2020