Childcare Facilities Partial Property Tax Reduction

by Demetrius Robinson | Jun 18, 2020 | Finance, Government

By Demetrius Robinson COVID-19 has had a drastic impact on many different sectors of the economy, from hospitals to auto repair shops. However, a sector that has been significantly impacted is childcare facilities. On May 31, 2020, childcare facilities in Ohio were...

Several Ohio Counties Extend Real Estate Tax Due Date

by Steve Richman | May 12, 2020 | Real Estate

By Stephen D. Richman Real estate taxes in Ohio are collected six months in arrears. This means that real estate taxes and assessments for the second half of 2019 will be due after the first half of 2020. Most counties in Ohio would ordinarily collect this payment...

Using Net-Operating Losses to Decrease Tax Liability in Light of COVID-19

by Demetrius Robinson | Apr 21, 2020 | Finance, Government

Tax Alert: IRS Issues Additional Guidance on Tentative Carryback Adjustments for Net Operating Losses (NOL) Under the CARES Act By Demetrius Robinson & Kevin O’Connor On April 9, the IRS issued additional guidance related to carrying back net operating losses...

IRS FAQ’s: How Employers Can Claim Mandatory Paid Leave Tax Credits

by Demetrius Robinson | Apr 14, 2020 | Employment, Finance

By Demetrius Robinson & Melissa Yasinow As we’ve previously discussed, the month-old Families First Coronavirus Response Act (FFCRA) includes two mandatory paid leave provisions: the Emergency Paid Sick Leave Act (the “Sick Leave Act”) and the Emergency Family and...

CARES Act Tax Provisions: How Businesses & Individuals Are Affected

by Demetrius Robinson | Apr 5, 2020 | Finance, Government, Individuals and Family

By Demetrius Robinson & Kyle Stroup The historic Coronavirus Aid, Relief, and Economic Security Act, otherwise known as the CARES Act, contains many tax provisions that affect businesses of all sizes as well as individuals. These provisions are geared toward...