By: Thomas Law Group On: April 19, 2018 In: Business/Employment Comments: 0

In Ohio, operating agreements are a functional and important part of setting up a multiple member limited liability company (“LLC”). They set forth the operations of the company as between its members, including the members’ rights and obligations to each other and the company, and the authority of its...

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By: Thomas Law Group On: March 28, 2018 In: Domestic Relations Comments: 0

The recent tax reform, officially the Tax Cuts and Jobs Act of 2017 (TCJA), has made several changes to the tax code and will have a big impact on spousal support in divorces and dissolutions. Before the TCJA, the spousal support paid by one party in a divorce or...

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By: Thomas Law Group On: February 22, 2018 In: Business/Employment Comments: 0

It is a frequently held misconception that restrictive covenants are not enforceable in the State of Ohio… but they are enforceable. These restrictions are often included in employment agreements as well as other transactional agreements, such as purchase agreements. Restrictive covenants are enforceable to the extent their scope is...

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By: Thomas Law Group On: January 25, 2018 In: Health Care Professionals Comments: 0

The ever-changing environment of health care reform has resulted in insurance plans with sizable deductibles and copayments, which may create patient billing and collection issues. The Truth in Lending Act (TILA) applies to any business that regularly extends credit to consumers for personal, family, or household purposes. This definition...

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By: Thomas Law Group On: December 28, 2017 In: General Law Comments: 0

Based on our current tax laws, here are a few simple ways to reduce your taxable income for 2017: 1. If you are a business owner and have sufficient cash flow, consider pre-paying expenses. 2. Max out your retirement contributions. The time value of money is an amazing thing,...

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