Feb 25, 2021 | Finance, Government
By Demetrius Robinson & Melissa Yasinow On Monday, Feb. 22, 2021, the Treasury Department announced that it will be making temporary changes to the Paycheck Protection Program to benefit small businesses. Starting on Wednesday, Feb. 24, 2021, and continuing...
Feb 20, 2021 | Employment, Finance
By Jim Sammon & Melissa Yasinow After experiencing pandemic-induced disruption, the franchise industry expects a strong economic rebound for a post-COVID 2021. According to the International Franchise Association (IFA), the franchise industry is likely to bounce...
Jan 29, 2021 | Finance, Government
By Demetrius Robinson & Melissa Yasinow Thanks to a recent lawsuit, Ohioans who have worked from home during the COVID-19 pandemic can now request a refund on local income taxes from the Regional Income Tax Agency (RITA). The only hitch: they may never get it....
Jan 22, 2021 | Finance, Government
By Jim Sammon & Brett Krantz In a matter decided this week, a judge in the Northern District of Ohio granted summary judgment in favor of the insureds, Plaintiff Henderson Road Restaurants (a group that includes the Hyde Park Prime Steakhouses). The Court found...
Jan 14, 2021 | Finance, Government
By Stephanie Mercado President-elect Joe Biden has released the details of a proposed $1.9 trillion COVID-19 relief package aimed at supporting businesses and individuals impacted by the pandemic. Dubbed the American Rescue Plan, the package comes on the heels of the...
Jan 11, 2021 | Finance, Government
By Demetrius Robinson The Economic Aid Act, a part of the Consolidated Appropriations Act, 2021, updated the Paycheck Protection Program (PPP) to provide an additional allocation of PPP funding to businesses that were hardest hit by the economic devastation of the...