Nov 20, 2020 | Government
By Jim Sammon, Brett Krantz & Alexis Preskar While the politicians in D.C. continue to argue over the size and timing of the next round of stimulus, American businesses are bracing for the continued onslaught of the COVID-19 pandemic and the potential changes that... Nov 19, 2020 | Finance, Government
By Demetrius Robinson & Jennifer Hart The US Treasury Department and the Internal Revenue Service (IRS) released new guidance late Wednesday related to the tax treatment of expenses paid with Paycheck Protection Program (PPP) loans. Specifically, Revenue Ruling... Nov 8, 2020 | Finance, Government
By Stephanie Mercado Due to the COVID-19 pandemic, Ohio’s estimated state budget will have a $2 billion shortfall for the current fiscal year, according to House Majority Floor Leader Bill Seitz. Seitz suggested dipping into Ohio’s $2.7 billion rainy-day... Oct 30, 2020 | Election, Finance, Government
By Scott Norcross & Paige Rabatin There’s no need for suspense; a new federal stimulus package will not be passed before the November 3rd election. That became clear once the announcement was made that the Senate will be recessed until November 9th. However, the... Oct 29, 2020 | Employment, Finance, Government
By Rob Gilmore & Alexis Preskar Ohio Governor Mike DeWine has requested the Bureau of Worker’s Compensation send employers an additional $5 billion in dividends to mitigate losses due to the ongoing pandemic. This is the third major dividend request the Governor... Oct 24, 2020 | Finance, Government
By Stephanie Mercado With a year-end deadline looming to spend Coronavirus Aid, Relief and Economic Security (CARES) Act funding provided by the Department of Treasury, Gov. Mike DeWine announced several new programs Friday aimed at helping Ohio residents and... 