Business Blog: Changes to Employee Retention Credit Provide Tax Relief for Businesses
on February 10, 2021
On December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA) was signed into law. The CAA's purpose is to further assist businesses suffering from the coronavirus pandemic. While many of the provisions contained in the CAA may be helpful to businesses, changes to the Employee Retention Credit (ERC) are particularly intriguing....
Business Blog: Fraudulent Unemployment Claims - How Employers Should Respond
on February 4, 2021
Attorney Molly Brown discusses the recent rise in the number of fraudulent unemployment claims, and the steps that employers should take if they believe they have fallen victim to a fraudulent claim....
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....
