Earlier this year, Congress passed the Corporate Transparency Act (CTA), which will require certain small businesses to identify and disclose information about their owners. While the purpose of the law is to help stop money laundering (by inhibiting the abuse of...
At the height of the COVID-19 crisis, there was a significant victory for individuals with Medicare as their source of health insurance. In a favorable decision, Judge Michael P. Shea, a federal judge in Connecticut, allowed hospital patients to appeal when an...
Tax season has officially arrived, and thanks to the pandemic, this one is shaping up to be like none before it. Typically, the filing period starts in late January. This year, however, the IRS announced it was delaying the start of the 2021 tax filing season to Feb....
Although the outcome is uncertain, the push for a $15 federal minimum wage continues in Congress. On Monday, the House Education and Labor Committee proposed adding the increased minimum wage to President Biden’s $1.9 trillion coronavirus relief package, known...
Last week, Gov. Mike DeWine released his proposed two-year budget for the State of Ohio. Gov. DeWine's proposal aims to make the health of Ohioans a top priority of the state and, as a result, it includes a number of line items that will impact the health care...
The Sixth Circuit Court of Appeals has made it clear that employers and employees cannot contractually shorten deadlines for employees to file federal anti-discrimination claims. The Sixth Circuit’s ruling in Thompson v. Fresh Products LLC covers employers in Ohio,...
At this point, almost everyone in the U.S. has taken note of the ongoing battles concerning GameStop stock, Reddit and hedge funds. For once, America seems to finally agree about something: much of the market looks like it’s a bubble. Before getting into details on...
Ohio Governor Mike DeWine has unveiled his Executive Budget for Fiscal Years 2022 to 2023, which proposes spending $1 billion through the Investing in Ohio Initiative in new programs aimed at sparking the state’s pandemic recovery. The one-time expenditure calls for...
With the new year under way, tax season is fast approaching. And with that comes more opportunity for scammers and cyber criminals looking to con businesses and individuals. These unscrupulous actors are looking for sensitive information that can be used to steal your...
In the age of coronavirus, responding to notices from governmental agencies, especially the Internal Revenue Service, couldn’t be more important. Recently, the U.S. Tax Court sustained an appeal from a taxpayer who received a statutory notice just four days before the...