Business and Trusts & Estates Blog: Year-End Gifting For 2020 and CARES Act Considerations
on December 18, 2020
Trusts & Estates partner Lori Kilpeck provides three year-end considerations for your charitable gifts....
Business Blog: Corporate Formalities Matter… Even for Limited Liability Companies
on June 3, 2020
In a recent case, the Court of Appeals for Ohio's Third District (Hancock County) permitted a plaintiff to pierce the veil of a single-member limited liability company. The court's analysis in this case has underscored the importance of observing corporate formality, even for single-member limited liability companies....
Business Blog: Main Street Lending Program Provides Critical Support for Mid-Sized Businesses
on April 17, 2020
On April 9, 2020, the U.S. Federal Reserve Bank (Federal Reserve) released new details regarding the Main Street Lending Program. Once opened, the program will extend much-needed government support to mid-sized businesses....
Business Blog: "Do you feel lucky?!" The Top 3 Trends in IRS Tax Audits and Compliance
on March 11, 2020
Our "voluntary compliance" tax system has historically relied upon a certain level of enforcement (both civil and criminal) to strongly encourage that cooperation. Has the level of enforcement diminished to the point that the "audit lottery" favors the non-compliant taxpayer? We think not…...
Business Blog: Is the Coronavirus a "Force Majeure" Event?
on February 26, 2020
With the coronavirus running rampant through China's industrial and manufacturing hubs, many cities within the country are on quarantine and have enforced mandatory plant closures. The threat of the virus has caused many U.S.-based companies to shift their normal supply chain activities from China to suppliers located in other parts of the world....