arehouse worker is working with hand pallet truck and cargo pallet

Ohio Bureau of Worker’s Compensation Offers Second Payment Deferral

2020-06-03T16:35:02-05:00
On May 28, the Ohio Bureau of Workers' Compensation (BWC) announced it would defer the due date for June, July and August premium installments until September 1. According to Governor Mike DeWine, the initiative, which is part of the state’s Responsible RestartOhio Plan, is designed to allow businesses to continue focusing on the safety and well-being of employees and customers. The deferral follows other initiatives by the Agency to support Ohio employers. In March, the Ohio BWC announced a deferral of March, April and May premium installments to June 1, and in April, the Agency provided $1.6 billion in dividend payments to the state’s employers. In addition, the Agency is maintaining a list of Frequently Asked Questions relating to COVID-19 on its website at https://www.bwc.ohio.gov/downloads/blankpdf/COVID-19-BWCFAQs.pdf. To read the press release on the latest deferral announcement, please visit the Ohio BWC website. For questions, please contact your HBK Advisor.
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Hill, Barth & King LLC has prepared this material for informational purposes only. Any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or under any state or local tax law or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Please do not hesitate to contact us if you have any questions regarding the matter.

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