Best Lawyers in America 2020 recognizes 16 Strauss Troy attorneys

Strauss Troy is pleased to announce that 16 of our attorneys have been recognized as The Best Lawyers in America 2020. 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 names Elizabeth Reeder and Stephen Schilling as Shareholders

Strauss Troy congratulates attorneys Elizabeth M. Reeder and Stephen E. Schilling, who have been named Shareholders of the firm. Reeder is a member of the firm’s Corporate|Business and Tax Planning|Compliance groups; Schilling is a member of the Litigation group. Reeder focuses her practice on business and tax law, counseling individuals and businesses from start-ups to established, …Read More

Strauss Troy Listed as a 2019 Best Law Firm by U.S. News – Best Lawyers®

U.S. News Best Law Firms Badge for 2019

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

Liz Reeder Selected as Finalist for Next Generation Leader Award

Strauss Troy Attorney Liz Reeder

Strauss Troy attorney Elizabeth Reeder has been named a finalist for the 2018 Next Generation Leader Award. The award, presented by LEGACY, Northern Kentucky and Greater Cincinnati’s Young Professional Organization, salutes the region’s young professionals under the age of 40 for significant accomplishments in their chosen professional field, demonstrated leadership, as well as their contribution to the community.

Financial Advisers Back In Court and Customers Get Caught In The Middle

Late last year, Morgan Stanley and UBS withdrew from the Protocol for Broker Recruiting, followed closely by Citigroup in January. Morgan Stanley and UBS together account for almost half of the approximate 50,000 registered securities representatives (stock brokers) employed by the four major wire houses (Morgan Stanley, UBS, Merrill Lynch, and Wells Fargo).

New Partnership Representative Rules May Increase Audit Activity

IRS Logo

With a new year comes new tax rules that have significant impacts on your operating agreements and LLCs.  If you haven’t updated your operating agreement for some time or if you are entering or exiting an LLC, the Bipartisan Budget Act of 2015 (the “BBA”) has significant impact for the former “tax matter partner” provisions.  These BBA provisions took effect January 1, 2018 and repeal the TEFRA and ELP procedures and applies to all partnerships that file a Form 1065 return.  In implementing these rules, IRS hopes to increase audit activity and make it easier to assess deficiencies for unpaid taxes to your partnerships.  It is critical to understand the new rules in order to better protect yourself and your partnership in future audit.