Central Ohio will soon welcome further growth in the tech market. Intel recently announced plans to begin construction in late 2022 and chip production in 2025 at the world’s largest chip-making complex in New Albany that will provide many benefits, but some...
Articles
Metaplex Raises $46 Million for New NFT Protocol
The Growth of NFTs Non-fungible tokens (NFTs) had their best year ever in 2021. Although the concept of NFTs dates back to 2015, they’re now a mainstream phenomenon with big name brands—such as Asics and Mattel—implementing them in their marketing mix. At its most...
Supreme Court Issues Opinion in Hughes v. Northwestern University ERISA Case
On Monday, Jan. 24, 2022, the U.S. Supreme Court issued an important decision dealing with defined contribution retirement plans. These plans, which include 401(k) plans, provide an array of investment choices from which participants may choose to invest their own or...
Ohio Liquor Law Updates for Bars, Restaurants and Homebrewers
Ohio recently updated its liquor laws when Governor Mike DeWine signed Senate Bill 102. The new laws are effective March 23, 2022. We at KJK have included highlights below. Ohio Homebrewers Update Homebrewers can now rest assured that homebrewing beer without a permit...
Biden Administration Withdraws Workplace Vaccine Mandate
The Occupational Safety and Health Administration (OSHA) formally withdrew the COVID-19 vaccine mandate for large private employers effective Jan. 26, 2022. This announcement follows the United States Supreme Court’s recent decision to block the Biden administration...
2021 Tax Changes for Businesses: The Not So Good, the Bad and the Ugly
As small and mid-size business owners move toward the federal tax filing deadline in this new year, they need to be aware of certain changes in the federal income tax area. A short listing of the highlights (more appropriately, lowlights) of those changes is outlined...
After SCOTUS Ruling on Vax Mandate, What’s Next for Employers?
On Jan. 13, 2022, the United States Supreme Court (SCOTUS) granted an emergency request for relief staying the Occupational Safety and Health Administration’s Emergency Temporary Standard (ETS), requiring all employers with 100 or more employees to impose vaccination...
Healthcare Vaccine Mandate Deadline Pushed in 24 States
Following the United States Supreme Court’s recent decision to enforce the COVID-19 vaccine mandate over healthcare workers at facilities that participate in Medicare and Medicaid, the deadline to become fully vaccinated has been extended. The Centers for Medicare...
New Tax Rule Changes Reporting Requirements for Venmo, PayPal, Cash App
A new tax rule will see the Internal Revenue Service (IRS) gain information on income small businesses receive via transactions on popular payment applications. As of Jan. 1, 2022, businesses that accept more than $600 per year in payments for goods and services...
SCOTUS Blocks Employer Vaccine Mandate, Lets Healthcare Mandate Take Effect
Today, the United States Supreme Court issued its much-anticipated decisions regarding two of the Biden administration workplace COVID-19 vaccination requirements: (i) the Occupational Safety and Health Administration’s Emergency Temporary Standard (ETS) requiring all...