Rea & Associates to Hold Webinar on Ohio Use Tax Amnesty Program

Aug. 25, 2011 - PRLog -- Rea & Associates, a regional accounting and business consulting firm, will present a free one-hour webinar, “Ohio Use Tax Amnesty: How Much Can You Save?” which will explain the Ohio Use Tax Amnesty Program. The webinar, presented by Chad Bice, CPA, a principal of Rea, in conjunction with SmartBusiness, will take place on Thursday, September 8, 2011.

“Ohio has stepped up its enforcement of use tax liability against Ohio businesses this year. The state has established an amnesty program that will allow businesses a one-time opportunity to save thousands of dollars in tax, interest and penalties,” said Bice, who specializes in state and local taxation issues. “We’ll walk participants through Ohio’s use tax amnesty enrollment process step-by-step.”

This webinar will help companies better understand Ohio’s Use Tax requirements, enrollment in the Use Tax Amnesty program, and what to do if your business had already entered into a voluntary disclosure program.

“The amnesty program is one of the most taxpayer-friendly programs ever enacted in Ohio,” Bice said. “Businesses that owe use tax will want to become familiar with it and enroll now to ensure they don’t pay additional taxes, interest and penalties later.”

The webinar will outline UTEP, what it means to businesses and how companies can minimize their use tax liability through the Use Tax Amnesty Program. In addition, Bice will explain what potential items are subject to use tax, how the amnesty program works and how businesses can address use tax compliance in the future.

For additional information or to register, please visit www.ReaCPA.com/utep.

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Founded in 1938, Rea & Associates, Inc. is a regional certified public accounting and consulting firm with more than 200 dedicated professionals in 11 Ohio locations. Rea & Associates provides accounting, audit, tax, and business consulting services to clients in a wide variety of industries, including closely-held businesses, construction, government, healthcare manufacturing and not-for-profit. The firm has been named a Top 100 accounting firm by Inside Public Accounting. And as an independent firm associated with Moore Stephens International Limited, Rea & Associates has access to more than 366 independent accounting and consulting firms across 647 offices in 98 countries, enabling the firm to provide global reach with a local perspective. For more information about Rea & Associates, please call 877-473-2272 or visit www.reacpa.com.