Legal News for Individuals

Ohio Attorney General, Dave Yost, recently announced the office’s agreement with twelve phone service providers to adopt anti-robocall procedures as part of a statewide initiative to combat this increasing issue. This agreement is part of a larger, nationwide response to illegal robocall activity. In his...

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A federal district court has held in Dase v. IRS, 124 AFTR 2019-5281 that jointly-owned property subject to an IRS lien against one of the joint owners only encumbered the tax debtor’s interest in the property. Legal Background:  A person’s failure to pay any tax after...

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On September 24, 2019, the U.S. Department of Labor announced a final rule to make 1.3 million American workers newly eligible for overtime pay.  The new rule will take effect on January 1, 2020. The final rule updates the earnings thresholds necessary to exempt executive, administrative...

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Since 2016, each individual small business owner filing single or married filing jointly is eligible for a “small business” income tax deduction (SBD) against their state income tax liability equal to 100% of the first $250,000 of business income the owner receives or is allocated...

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Several months ago, the U.S. Center for Medicare and Medicaid Services granted approval for Ohio to impose work requirements for those covered by the Medicaid expansion program / the Affordable Care Act (approximately 540,000 people).  Gov. DeWine believes the work requirement is intended to put...

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On July 17, 2019, Senate Bill 57, a bill decriminalizing industrial hemp cultivation and permitting possession of CBD oil derived from hemp was passed by the legislature and will be sent to the Governor for signature. Assuming it is signed (which is expected) it will...

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Garrett T. Senney has a PhD in Economics from The Ohio State University and works for the Office of the Comptroller of the Currency (OCC) in Washington, DC.  Dr. Senney has graciously given us permission to publish his article below regarding banking a marijuana business. ...

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