U.S. News – Best Lawyers® has recognized Strauss Troy among the Best Law Firms of 2019. Strauss Troy has earned eleven metropolitan rankings and was nationally ranked in Project Finance Law. National Tier 3 Project Finance Law Metropolitan Tier 1 – Cincinnati Commercial Litigation Mass Tort Litigation / Class Actions – Plaintiffs Project Finance Law …Read More
It is important to periodically review your life insurance to make sure that you have a policy that will stay in-force long enough to accomplish your estate planning objectives. Recent actions by the life insurance industry to increase costs associated with some policies make it very important to have your insurance reviewed.
Consider if you really need life insurance or if your policy is in danger of imploding. Strauss Troy attorneys can review your current life insurance and assist you if there is a problem with your policy. We can also assist you in evaluating how your policy fits into your current estate plan to ensure that your objectives in providing for your family are met.
Ohio legislature has increasingly expanded the number and types of convictions that can be removed from your record. These changes occurred as a result of the opioid epidemic, criminal justice reform, and a desire on the part of the Republican led legislature to permit more Ohioans to return to the workforce.
On October 29, 2018, the biggest changes yet to Ohio’s expungement law occurred. As of that date, a person in Ohio may expunge up to five felonies and an unlimited number of misdemeanors convictions. As with anything, there are some common sense limitations.
Strauss Troy attorney Larry Neuman received the Center for Respite Care’s Transformation Award at a banquet on Thursday, October 11 at the Cintas Center.
The Transformation Awards are held annually to honor those who have made a difference in the lives of people in our community. Honorees are selected based on their commitment to both the Center for Respite Care and improving life for adults who are ill and homeless. Two of the past honorees are Father Michael Graham, President of Xavier University, and Dr Santa Ono, former president of University of Cincinnati. The Center for Respite Care’s is a 20 bed licensed facility in Over-the-Rhine, whose mission is to provide quality, holistic medical care to homeless people who need a safe place to heal, while assisting them in breaking the cycle of homelessness.
While Congress has not acted on any of the myriad proposals to increase opportunities for retirement savings, the Internal Revenue Service has announced that it will allow a bit more to be deposited into existing plans in 2019.
Next year, contribution limits for salary deferrals in into 401(k), 403(b) and 457(b) plans will increase from $18,500 to $19,000. Catch-up contributions (allowing participants age 50 or over to contribute an additional amount to 401(k) and 403(b) plans and Governmental 457(b) plans) remain limited to $6,000.
On October 3, The Internal Revenue Service issued guidance on the business deduction for meals and entertainment following changes in the Tax Cuts and Jobs Act (TCJA).
While the act allows a deduction for expenses incurred during the tax year in carrying on trade or business, in 2017, the deduction of expenses related to entertainment, amusement or recreation was eliminated. However, the act does little to explain the tax treatment of business meals and there has been virtually no guidance from the IRS since the enactment of the TJCA until now.
Fourteen Strauss Troy attorneys have been recognized as The Best Lawyers in America 2019. Attorneys named to The Best Lawyers in America were recognized by their peers in the legal industry for their professional excellence in 145 different types of practice areas.
Strauss Troy is proud to congratulate Shareholder Matthew Fellerhoff on being selected to be a member of the Cincinnati USA Regional Chamber Leadership Cincinnati Class 42.
Strauss Troy has been accepted into The International Society of Primerus Law Firms, a highly selective society of the world’s finest independent law firms. Strauss Troy is the only Primerus member firm in southwest Ohio.
Strauss Troy’s Make A Difference Team is pleased to sponsor Cincinnati’s Inner City Youth Opportunities (ICYO) kids to attend a full week of summer camp at Camp Ernst in Burlington, Ky.