LateST from Strauss Troy.

I am writing to let you know about the significant enhancements made to the child tax credit (CTC) by the American Rescue Plan Act of 2021 (ARPA). These enhancements temporarily expand the eligibility for, and the amount of, the child tax credit (CTC) 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.Under pre-ARPA law, the CTC was $2,000 per "qualifying child."

Strauss Troy welcomes Julie Hopkins, Bo Howell, and Austin Stevenson to the firm. The additions will complement Strauss Troy's labor and employment, corporate law and securities law practice areas.

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.The Ohio Department of Job and Family Services (ODJFS) has identified more than 80,000 cases of unemployment fraud by criminals using stolen identities.Victims of that identity theft who have received Form 1099-G from ODJFS showing that they received unemployment benefits – but never applied for benefits – could potentially pay federal and state tax on that unreceived benefit if they don’t act to correct the record.

Ohio Governor Mike DeWine signed House Bill 352 into law on January 12, 2021. House Bill 352, more commonly known as the Employment Law Uniformity Act (“Act”), enacts several important changes that employers should understand. The following highlights some of the changes to Ohio Revised Code Chapter 4112 related to discrimination claims. The Act becomes effective April 15, 2021.

Did you recently get slapped with a surprisingly high property tax bill? Consider applying for a reduction of your property’s taxable value at your county’s board of revision. Your property tax bill is calculated as a percentage of the auditor’s assessed value of your property. Every three years, Ohio county auditors re-assess the values of all residential and commercial properties in their counties.

The Consolidated Appropriations Act, 2021 was signed into law on December 27, 2020. This spending bill 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.

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.

The successful candidate will preferable have extensive experience examining real estate titles for commercial properties in Ohio and Kentucky.