Tag: Ohio

Cryptocurrency Tax Payments In November 2018, Treasurer of Ohio Josh Mandel announced that Ohio businesses may pay their state business taxes with cryptocurrency (Bitcoin only). This is remarkable because Ohio is the first state in the United States to accept cryptocurrency payments. Those eligible to pay taxes in cryptocurrency via the state’s website (OhioCrypto.com) are…

Data Breach and Cybersecurity On August 2, 2018, Ohio Governor John Kasich signed legislation (S.B. 220) creating a cybersecurity program affirmative defense to a tort against a covered entity because of a data breach, if the entity is accused of failing to implement reasonable information security controls and the entity has a cybersecurity program that…

2019 Minimum Wage Increase On September 30, 2018, the Ohio Department of Commerce announced that the state’s minimum wage will increase as follows: $8.55 per hour for non-tipped employees. $4.30 per hour plus tips for tipped employees. These increases are effective January 1, 2019. See the announcement (and updated minimum wage poster)