INTERNET MARKETING

 
INTERNET MARKETING

25 Ways to Save $250 (or More) Monthly That Most Business Owners Are Ignoring
Why organizations should give employees more say in when, where and how they work
3 Awesome Tips for Turning Business Weaknesses To Strengths
States With No Corporate Income Tax Rate
Ohio
Nevada
South Dakota
Texas
Washington
Wyoming
Key Economic Indicators
Item Rate
CPI: 0.0% (Jun 2017) 
GDP Growth: 1.2% (1st Qtr 2017)
Prime Interest Rate: 4.25%
Consumer Confidence: 118.9% (Jun 2017)
Small Biz Confidence: 103.6% (Jun 2017)
Avg Gas Price: $2.25

 

 

 

 

 

 

 

SMALL BUSINESS NEWS

29 July 2013

 

Email this page    

 

Ohio Small Businesses Receiving Payback

Governor Kasich of Ohio has begun presenting rebates to businesses in Ohio.  This action was promoted when a Cuyahoga County Common Pleas Court ruled that the Bureau of Workers Compensation( BWC) had improperly gave discounted premiums to employers that joined group-insurance plans while charging higher rates to those not in the group. 

As many as 270,000 employers filed the lawsuit.  Many of them are small business owners.  Approximately $860 million dollars are owed to businesses in Ohio as a result.

The NFIB applauds the effort to repay the money.  They believe that the returned dollars will help stimulate the economy and reinvest in businesses in Ohio.

According to the NFIB, going forward the system of premium collection will be modernized that will lead to a prospective-payment system that would see the BWC issue $900 million in credits to employers.  Additionally, it will also lead to rate reductions of 2 percent for private employers and 4 percent for public employers.

If you’re owed money, your check is in the mail according to BWC.

Sources:
NFIB
CPA Practice Advisor
BWC


By Jack River

 

 

 

 

 

 

 

 

 

 
 

 

  
 

INTERNET MARKETING

News Home

SBZ Home

 

  

     

                  Report broken links               Contact us              About us           Become a Contributor to this site            Link Exchange 

© 2012-2015 The Small Business Zone, Inc.  All rights reserved.