Author: dev-admin

Why You Should Dissolve Your Unused Corporation

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Why You Should Dissolve Your Unused Corporation All good things must eventually come to end. This is true in all facets of life, and the life of your Ohio corporation is no different. Although corporations can exist into perpetuity in Ohio, there are times when your corporation may cease to serve any purpose, such as... Read more »

Changes to Treatment of Retirement Accounts Offers Medicaid Planning Opportunities

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IRAs in Payout Status Are Exempt Assets For many retired individuals and couples, retirement accounts comprise some of their most valued assets, often eclipsing even the house. Historically in Ohio, IRAs have been counted as an available resource for Medicaid eligibility purposes. What this means, is, assets in an IRA were viewed by the local... Read more »

Sign-On and Referral Bonuses Present Potential Pitfalls

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Know the Legal Implications of Employee Overtime Pay and Bonuses With the labor market becoming more competitive every day amidst the “Great Resignation”, finding and retaining top talent has never been more important. Many employers have turned to creative benefits in order to do so, such as paying out regular bonuses and incentivizing attendance. While... Read more »