The OMA’s Tax and Finance Committee held its third and final regularly scheduled meeting of the year on Oct. 19. Approximately 40 members participated online or in person. Guest speakers included Deborah Gordon, principal, tax services at RSM, an OMA Connections Partner. Gordon provided this comprehensive overview of the tax provisions in the federal Inflation Reduction Act. Members also had a conversation with state Rep. Riordan McClain (R-Upper Sandusky) on his efforts to repeal Ohio’s corporate activity tax (CAT) via House Bill 234. More than 15 years ago, the OMA helped lead the repeal of Ohio’s antiquated corporate franchise tax and tangible personal property tax, which were replaced with the much more manufacturing-friendly CAT. 10/19/2022