Each year, the University of Cincinnati Carl H. Lindner College of Business Goering Center for Family and Private Business recognizes and awards successful companies that represent the ideals that they hope to see grow throughout all of Greater Cincinnati’s economy, and that are critical to the sustained vibrancy of the
Ohio Governor Mike DeWine signed the Ohio biennium budget, Am. Sub. House Bill 110, earlier this summer providing funding to the state for the next two years. Included in the bill was the repeal of sales tax on employment service provider (“temp agency”) fees beginning October 1, 2021 in Ohio.
COVID-19 created challenging financial conditions for businesses, individuals, and families alike, with stay-at-home orders and mandated closures forcing many businesses to cut hours, enforce furlough, or terminate employees. This had a cascading effect on income and savings as many of those impacted turned to distributions or plan loans to bridge
If your business qualifies for the research and experimentation (R&E) tax credits, it’s important to know that changes to the tax treatment of R&E expenditures will go into effect on January 1, 2022. The Tax Cuts and Jobs Act (TCJA) of 2017 set the timing for these changes –
New Economic Injury Disaster Loan (EIDL) program changes took effect September 8, 2021, in the COVID EIDL program and may relieve the burden on some small businesses by making the loan process easier to navigate and providing additional resources and flexibility in how the loan proceeds may be used. The
The decision to sell a business can be a difficult one, and rarely do business owners know when exactly the right time to sell is. As private equity buyouts have surged in recent years, especially in the wholesale distribution industry, it has become increasingly important to always have your business