Senney Says by Jeff Senney Archives - Page 2 of 27

The Office of the General Counsel (“GC”) for the National Labor Relations Board (“NLRB”) has issued new Guidance to its Regional Directors and Offices regarding employee handbook policies in response to an NLRB ruling in December, The Boeing Company, 365 NLRB No. 154. The new...

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Home Construction Arbitration Rules

Mike Sandner

Legal News, Legal News for Businesses, Legal News for Individuals, Litigation, Michael W. Sandner, News, Senney Says by Jeff Senney

The American Arbitration Association, commonly referred to as the “AAA” provides numerous structures for dispute resolution. What many businesses and contractors are unaware of however is that to leverage to the most beneficial set of rules they typically need to be specified in a party’s...

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US Supreme Court Rules in Favor of Privacy for Location-Tracking Data

Breanne Parcels

Breanne Parcels, Business, Tax & Real Estate, Firm News, Legal News, Legal News for Businesses, Legal News for Individuals, Senney Says by Jeff Senney

When I was a prosecutor and an officer asked if they needed a warrant in any given situation, my standard response was always “get one if you can.” It’s a pretty straightforward process in most jurisdictions, and probable cause is low hurdle. I often dealt with...

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Is DISC dividend paid to pass-thru entity considered business income for purposes of the Ohio small business deduction?

Jeff Senney

Business, Tax & Real Estate, Legal News, Legal News for Businesses, Senney Says by Jeff Senney

IC-DISC: Taxpayers who own a business (“Business”) that exports products or services outside the U.S. can reduce their federal income tax liability by setting up an IC-DISC. The Business pays a royalty to the IC-DISC equal to the greater of 4% of export revenue or...

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Second Round of Tax Cuts Possible

Jeff Senney

Business, Tax & Real Estate, Legal News for Businesses, Legal News for Individuals, Senney Says by Jeff Senney

Second Round of Tax Cuts? On June 19th, House Republicans unveiled a budget plan that would permit lawmakers to use the reconciliation process to reduce the federal deficit while implementing a second tax cut. Using the reconciliation process, the bill would require only a simple...

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IRS Scrutinizes State work-around Legislation

Jeff Senney

Business, Tax & Real Estate, Legal News for Businesses, Legal News for Individuals, Senney Says by Jeff Senney

Written by: Jeff Senney, Tax and Business Law Attorney In Notice 2018-54, the IRS informed taxpayers that it intends to propose regulations which address the federal income tax treatment of tax deduction payments made by taxpayers to certain state-established "charitable funds." These funds were created by...

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Major Estate Tax Changes in New Tax Cut

John Clough

Estate Planning, Trust & Probate, John E. Clough, Legal News, Legal News for Individuals, News, Probate, Estate Planning and Elder Law, Senney Says by Jeff Senney

Much of the discussion about the recently passed tax cut has focused on the changes to the income tax. This is warranted given the amount of money involved with the income tax changes. However, if you are one of those, now fewer, taxpayers who still...

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2018 Depreciation Limits for Passenger Autos

Jeff Senney

Business, Tax & Real Estate, Legal News for Businesses, Senney Says by Jeff Senney

The IRS has released the IRC Section 280F depreciation limits for business passenger automobiles placed in service by the taxpayer in 2018, taking into account the changes made by the recently enacted Tax Cuts and Jobs Act (TCJA). The IRS has also released the annual...

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Helping at the House of Bread

Jan Burden

Christie Back, Firm News, Press Releases, Senney Says by Jeff Senney

Below, Attorneys Jeff Senney and Christie Back help out at the House of Bread. The House of Bread has been a part of Dayton for over 30 years. They were founded with the belief that no one deserves to go hungry. They Prevent hunger by offering a...

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Should You Convert Your S corporation to C corporation ?

Jeff Senney

Business, Tax & Real Estate, Legal News for Businesses, Legal News for Individuals, Senney Says by Jeff Senney

Articles of Incorporation Should you convert your S Corporation to a C Corporation? Under the recent federal tax act, the highest corporate income tax rate in 2018 will be 21%. That is significantly lower than the highest individual income tax rate of 37%. This significant rate...

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