Category: Corporate | Business

Was your business harmed by COVID-19? You could be eligible for property tax relief.

Posted on
Challenge with success concept and natural background idea

If your business was negatively impacted by COVID-19, you might be eligible for a property tax reduction. On April 27, 2021, Ohio enacted a special law that allows commercial property owners (and certain tenants) to apply for reductions of their 2020 property tax bill if their income-producing properties were affected by COVID-19. The law is intended to alleviate the financial impact of COVID-19 on Ohio businesses. The application process is intricate, and an experienced attorney can navigate it to optimize this valuable opportunity for a tax bill reduction.

ARPA modifications, extension of paid sick leave and family leave credits

Posted on
A multi-ethnic group of four children, 5 to 7 years old, playing together on a playground during school recess. They are sitting side by side on two slides, looking at the camera. They are all wearing masks, back to school during the COVID-19 pandemic. .

Dear Client: The American Rescue Plan Act of 2021 (ARPA), signed by President Biden on March 11, 2021, extended and significantly modified the payroll tax credits for qualifying sick leave and family leave wages. Below is a summary of the key provisions. Background: Both Covid-19-related credits were initially provided by the Families First Coronavirus Response …Read More

Eight Strauss Troy attorneys recognized by Super Lawyers 2021

Posted on

Strauss Troy is pleased to announce eight of our attorneys have been recognized by Super Lawyers 2021. The annual Super Lawyers list recognizes outstanding attorneys across the country. Only 5% of attorneys are recognized as Super Lawyers and only 2.5% of attorneys are Rising Stars, an honor for attorneys 40 or younger or attorneys practicing …Read More

Strauss Troy welcomes four new attorneys

Posted on

Strauss Troy welcomes Stephen S. Schmidt, Daniel A. Hunt, Brian R. Tracy, and Ryan F. Hemmerle to the firm. Stephen S. Schmidt is a litigator and business advisor who focuses his practice in the areas of complex commercial litigation, construction litigation, employment litigation and tort law. Steve represents and advises clients across a variety of …Read More

SBA Updates to Payroll Protection Program Rules

Posted on
Photo of "COVID-19" spelled in scrabble tiles with illustrated viruses floating above

By: Michael L. Iannitti The SBA has continued to issue additional guidance for borrowers and lenders on the Payroll Protection Program (PPP). Since publishing its initial rules in early April, further clarification has slowly trickled out on the often vague provisions of the CARES Act. Perhaps most significantly, the SBA has clarified the circumstances in …Read More