By: Claudia G. Allen The American Rescue Plan Act (ARPA) enacted March 11 includes a substantial increase in the limits for dependent care under Flexible Spending Plans (Section 125 cafeteria plans) as well as increasing the tax credit for child care for calendar year 2021. Combined with the flexibility to make changes to plan elections …Read More
ARPA child and dependent care tax credit can include the cost of household services, as long as the cost at least in part goes towards the care of the individual.
ARPA expands the eligibility amount of the child tax credit for tax years beginning in 2021 and require IRS to make monthly advance payments of the credit to taxpayers in July through December of 2021.
Strauss Troy welcomes Julie Hopkins, Bo Howell, and Austin Stevenson. The additions complement the firm’s labor and employment, corporate law, and securities law practice groups.
The Ohio Department of Taxation (ODT) is warning Ohioans who may be victims of unemployment fraud to report the suspected fraud or potentially face higher taxes.
People often have no fear when buying vacant commercial land. It is vacant after all. What could be wrong with it? So. Much. So much could be wrong with it. Though empty, less obvious problems that can quickly derail a project can lurk if you do not do your due diligence. Michelle E. Reid offers her top three tips to consider when buying vacant commercial property.
Ohio’s Employment Law Uniformity Act becomes effective on April 15, 2021. Strauss Troy attorneys Alex Rodger and Austin Stevenson highlight some of the changes to Ohio Revised Code Chapter 4112 related to discrimination claims.
Did you recently get slapped with a surprisingly high property tax bill? Consider applying for a reduction of your property’s taxable value. Your county’s board of revision will conduct a hearing, and you will bear the burden of proving that your property was over-valued. If the board reduces your property’s value, the new value will usually apply to future tax years, which will save money on your tax bills well into the future. There are many intricacies to this process, and an experienced attorney can navigate it for you to optimize your opportunity for a value reduction.
Most of us found all of our homes’ flaws in 2020 and are seeking out the perfect place to build our dream home. More often than not though, people an attorney after signing the land and construction contract—when there is a big problem that could have been avoided by consulting with an attorney earlier. To help your purchase and construction go smoothly, here are three things to consider.
The Consolidated Appropriations Act, 2021 provides $900 billion in stimulus relief for the COVID-19 pandemic, including $284 billion for the SBA’s Paycheck Protection Program (PPP) for new and previous borrowers under the Economic Aid Act.
Primary responsibilities: The successful candidate will preferable have extensive experience examining real estate titles for commercial properties in Ohio and Kentucky. This position will likely involve: property and lien searches, recording of real estate documents in Southwest Ohio and Northern Kentucky, analysis of plats, surveys, easements, and recorded leases, analyzing and assisting in the resolution …Read More
Strauss Troy congratulates attorneys Jessica L. Beauchamp, James D. Houston, Michelle E. Reid, and Matthew J. Worth, who have each been named a Shareholder of the firm. Beauchamp and Worth are members of the firm’s Domestic Relations group, Houston is a member the firm’s litigation group, and Reid is a member of the firm’s Real Estate group.
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
Still trying to buy property in 2020? Attorney Michelle Reid discusses what you can expect when you receive your property tax bill after closing. Many commercial and residential buyers are shocked when their bill jumps to match the property’s sale price rather than the valuation they saw prior to closing.
Pro Bono Partnership of Ohio has recognized Strauss Troy shareholder William K. Flynn for his service with the 2019 Excellence in Nonprofit Service Award.
Strauss Troy is pleased to announce that 15 of our attorneys have been included in the 2021 Edition of The Best Lawyers in America. Attorney Pete A. Smith was also recognized as Lawyer of the year in Project Finance Law and Real Estate Law. Strauss Troy Co., LPA would like to congratulate the following lawyers named to The Best Lawyers in …Read More
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
Last night, the U.S. Treasury released a simplified form for loans less than $50,000, which should make PPP small loan forgiveness easier.
On Friday, October 2, 2020, the U.S. Small Business Administration issued SBA Procedural Notice 5000-20057, which provides long-awaited guidance regarding pre-forgiveness restructures and ownership changes of borrowers under the Paycheck Protection Program.
The Leadership Council for Nonprofits has selected Strauss Troy attorney Brian R. Tracy to participate in its upcoming Board Orientation + Leadership Development (BOLD). The program, which helps train professionals to serve on nonprofit boards, serves as Greater Cincinnati’s leading nonprofit board training program with a goal of educating and empowering local leaders to serve boldly.