The United States is on the brink of the largest transition of wealth in its history, known as the “Great Wealth Transfer.” By 2045, an estimated $84 trillion in assets will be transferred from baby-boomers to their heirs. In a…
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/ Civil Procedure, Taxation
The IRS recently released new FAQ guidance providing a simplified procedure for addressing income tax amendments and refund claims related to Employee Retention Credit (ERC) determinations. See IRS FAQs. Taxpayers claiming the…
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/ Administrative Law, Taxation
I. NON-TAXABLE SERVICES -
A. Personal / Professional Services:
Checkfree Services Corp. v. Harris, Ohio BTA Case No. 2019-43 (October 10, 2024) on appeal before Ohio Supreme Court (Case No. 2024-1569). The BTA held that…
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/ Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Taxation
Ohio reappraises and updates real property valuations every three years, and that means higher taxes. For tax year 2024, reappraisals and updates included counties such as Cuyahoga, Lake, Portage, Stark, Allen, and Sandusky. As…
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/ Agriculture, Real Estate - Commercial, Taxation
On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not impose fines, penalties, or other enforcement actions against companies for failing to file or update beneficial ownership…
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/ Administrative Law, Business Organizations, Finance & Banking
Gross receipts from healthcare services delivered to dialysis patients were properly sourced to Ohio where the treatments were performed. Accordingly, the patients received the benefit of the dialysis services at the treatment…
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/ Commercial Law & Contracts, Health, Taxation
The Ohio Board of Tax Appeals (“BTA”) held that vehicles sales made to Ohio buyers at a West Virginia dealership were not subject to Ohio Commercial Activity Tax (“CAT”). Straub-Nissan LLC, v. Harris, BTA Case No. 2022-422 (Oct…
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/ Administrative Law, Commercial Law & Contracts, Taxation
If you are considering filing a defamation lawsuit or other speech-based claim, you are likely aware that your claim may be challenged based upon free-speech principles or that the defendant may claim that their conduct is…
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/ Civil Procedure, Constitutional Law
Before filing any civil lawsuit, it is important to consider the possible defenses your opponent may raise. This is particularly important is cases involving defamation, a civil claim that arises from the negligent, intentional…
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/ Business Torts, Civil Procedure, Communications & Media Law
The Ohio Board of Tax Appeals held that certain financial authorization services, Debit Authorization as described below, are not taxable automatic data processing processing (“ADP) or electronic information services (“EIS”)…
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/ Administrative Law, Civil Procedure, Finance & Banking, Taxation
From understanding how businesses are taxed to navigating changes in Ohio tax regulations, it’s important to be aware of potential tax hurdles and how to proactively avoid them. This article from Buckingham, Doolittle &…
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/ Business Organizations, Commercial Law & Contracts, Taxation
Effective January 1, 2024, the Corporate Transparency Act (the “Act”) requires many U.S. businesses to disclose information regarding their beneficial owners. Failure to comply with the Act can result in significant civil and…
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/ Administrative Law, Business Organizations, Constitutional Law, Finance & Banking, Taxation
The wait is over. On August 20, 2024, the United States District Court for the Northern District of Texas blocked the Federal Trade Commission’s (FTC) proposed ban on non-compete agreements..…
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/ Administrative Law, Antitrust & Trade Regulation, Business Organizations, Commercial Law & Contracts, Labor & Employment Law
Generally, in Ohio, sales of tangible property are taxable unless an exemption exists, whereas services are generally nontaxable unless specifically enumerated as taxable under the Ohio Revised Code. However, Ohio has many…
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/ Business Organizations, Business Torts, Taxation
In the middle market, businesses are feeling the financial crunch. Pandemic-era governmental incentives are ending, interest rates are on the rise, and consumer demand for some products is waning. These factors have led to sharp…
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/ Bankruptcy, Business Organizations
