Some of the most interesting news coming for small business owners this week is as follow. If you have filed taxes with the Ohio department of taxation and think that you may had paid too much in taxes, now it’s the time to find out if you are due a check. If you have specific questions about it you can also give them a call. The phone numbers for you to call are listed below, give them a call, it may be worth your while.
Ohio looks to return money to small businesses
The Ohio Department of Taxation is writing checks to small businesses, and some area employers may be eligible to receive money.
That was the gist of Tuesday’s meeting between State cabinet directors, the Youngstown Warren Regional Chamber of Commerce and local small businesses at the Covelli Center, as various government officials shared information about how to take advantage of money available to grow their businesses.
Business owners can call 1-888-405-4039 for general tax questions, or 1-888-722-8829 for questions specifically about the commercial activity tax.
Ohio businesses must comply with Ohio EPA air pollution standards
I plan to buy a small manufacturing business in Ohio. Do I need an air permit?
If you will be using manufacturing equipment, your business must comply with certain environmental regulations. In particular, air pollution regulations are closely monitored and enforced, so you should understand these regulations and obtain any appropriate permits. Ohio EPA may be willing to guide you in this process, but if you aren’t sure about your permitting status, consult an attorney.
When does Ohio require air permits?
Ohio usually requires a “permit to install and operate” (PTIO) before air pollution sources are installed. An air pollution “source” may be anything from an industrial furnace stack to a paint booth, or even a gravel roadway that creates dust.
Are there any exceptions to air permitting requirements?
Yes. There is an exception for very small (“de minimis”) sources of air pollution that have the potential to emit no more than 10 pounds of any individual pollutant in a 24-hour period of continuous operation. This exception also applies to sources that would emit more than 10 pounds if operated continuously for 24 hours, but never do so in normal operations, but the operator must keep records showing that the 10-pound threshold is never exceeded.
FirstEnergy Solutions billing customers for reserve power during arctic weather
AKRON, Ohio — January’s arctic weather drove up heating bills. Now it’s about to increase electric bills for some consumers and businesses.
FirstEnergy Solutions is preparing to bill about 2 million of its 2.7 million retail customers a surcharge for expenses the company will soon have to pay for reserve power it needed when temperatures plummeted below zero.
Residential and small business customers whose electricity bills show FirstEnergy Solutions as the supplier will see a one-time charge of $5 to $15 between May and July.
The 500,000 residents and small businesses that buy from FirstEnergy Solutions through the Northeast Ohio Public Energy Council, or NOPEC, will not face the extra charge, said Diane Francis, FES spokeswoman, because the NOPEC contract prohibits it.
