Ohio Amnesty Ends June 15, 2012

CLEVELAND, Ohio, May 25, 2012 /PRNewswire/ -- June 15, 2012 is the last day taxpayers can take advantage of Ohio's Tax Amnesty Program ("Program"). The Program allows taxpayers to obtain penalty and partial interest waivers on payments of unreported or underreported taxes that were due and payable as of May 1, 2011. The Program is available for sales and use tax, corporate franchise tax, commercial activities tax (CAT), and motor fuels taxes.

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In addition, Ohio also offers a consumer amnesty program for unpaid consumer use tax. This amnesty will end on May 1, 2013. The Ohio Department of Revenue ("Department") will waive penalties and interest on use tax paid in full for periods beginning on or after January 1, 2009. In addition, the Department will waive any consumer use tax and associated penalties and interest owed by participating taxpayers for periods prior to January 1, 2009.

Information is available on the Department's website at http://tax.ohio.gov/.

About Ryan

Ryan is an award-winning global tax services firm, with the largest indirect tax practice in North America and the seventh largest corporate tax practice in the United States. Headquartered in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a two-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 925 professionals and associates serves over 6,500 clients in 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at www.ryan.com.

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