Senney Says by Jeff Senney

Employment Law Update: Federal Paid Leave Provision to Take Effect on April 2, 2020

Kristina E. Curry, Legal News, Legal News for Businesses, Legal News for Individuals, Matthew D. Stokely, Senney Says by Jeff Senney, Workers' Compensation and Employment Law

Updated: 3/19/2020 On March 18, 2020, Congress passed Families First Coronavirus Response Act (the “Act”) which will provide temporary assistance to employees and businesses experiencing coronavirus interruptions. The Act becomes effective April 2, 2020, which is 15 days after the President signed the bill into law. The bill contains two...

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PS&E/COVID-19

Jan Burden

Legal News, Legal News for Businesses, Legal News for Individuals, News, Senney Says by Jeff Senney

We wanted to reach out to our clients and friends to let you know that we are staying on top of the fluid situation pertaining to the Coronavirus. Pickrel, Schaeffer and Ebeling will stay open, however; if you have a scheduled appointment with an attorney...

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Employer Shared Responsibility Payment (ESRP)

Jeff Senney

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

IRS Determines No Statute of Limitations on Assessment In Legal Advice 20200801F issued by IRS Field Attorneys (Advice Memo), the IRS has determined that there is no statute of limitations on assessment of the Employer’s Shared Responsibility Payment (ESRP) because there is no tax return...

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Secure Act

Joe Mattera

brittanydoggett, Estate Planning, Trust & Probate, James L. Jacobson, John E. Clough, Joseph P. Mattera, Senney Says by Jeff Senney

Understanding the SECURE Act Effective January 1, 2020 is a new spending bill called the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019). Prior to 2020, most participants were required to take RMDs (required minimum distributions) from employer plans or IRAs by age 70-1/2; however, for...

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Electric and Hybrid Car Owners Subject to New Tax

Ebony Davenport

Ebony Davenport, Legal News, Legal News for Individuals, Litigation, Senney Says by Jeff Senney

Not long ago, federal and state governments were encouraging people to consider purchasing electric cars by offering certain tax credits. Not only is the federal government eliminating the tax credit for certain vehicles, several states are passing laws imposing a new tax on electric and...

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Jeff Senney Receives BNI Awards

Jan Burden

Press Releases, Senney Says by Jeff Senney

Jeff Senney is all smiles as he receives several awards from his (Business Networking International) BNI group including: 1. Longest serving BNI member at 22 years 2. Metro Dayton BNI member of the Year 3. Most new member sponsor 4. Most thank-you for closed business Jeff...

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Construction Contracts between Subcontractors

Mike Sandner

Business, Tax & Real Estate, Legal News, Legal News for Businesses, Legal News for Individuals, Litigation, Michael W. Sandner, Senney Says by Jeff Senney

Subcontractor Dispute Highlights the Significance of Accurate Verbiage in a Construction Contract Between Two Subcontractors. For clients engaged in the construction field, the use of “pay-when-paid” and “pay-if-paid” provisions in construction contract documents is likely a common occurrence. However, a recent decision from the Summit County...

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IRA Distribution after Divorce: Is it Subject to Income Tax and 10% Excise Tax?

Jeff Senney

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

The US Tax Court in Rosenberg v. Commissioner, TC Memo 2019-124 has ruled that an IRA distribution, made after a couple divorced, was taxable and subject to the 10% excise tax because: (1) no exception to the 10% excise tax applied and (2) the Court...

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Efforts to Curb Robocalls: How Ohio’s Attorney General is Working with Service Providers to Protect Ohioans from Illegal Robocalls

Ebony Davenport

Ebony Davenport, Firm News, Legal News, Legal News for Businesses, Legal News for Individuals, Litigation, Senney Says by Jeff Senney

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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Federal District Court Holds that IRS Lien on Jointly-Owned Property Only Encumbers the Tax Debtor’s Interest in the Property

Jeff Senney

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

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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