Legal Strategies

LLC and Corporations: Are You Protected?

By Jason RebracaJohnson & Johnson Law Firm YOUNGSTOWN, Ohio – In my nascent career in litigation, I have come across an alarming number of corporate litigants who – through their own conduct – have compromised the liability shield typically afforded…

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LLC and Corporations: Are You Protected?

By Jason RebracaJohnson & Johnson Law Firm YOUNGSTOWN, Ohio – In my nascent career in litigation, I have come across an alarming number of corporate litigants who – through their own conduct – have compromised the liability shield typically afforded…

Posted in Legal Strategies | Comments Off on LLC and Corporations: Are You Protected?

U.S. Supreme Court Curbs EPA Authority

By Molly JohnsonJohnson & Johnson Law Firm YOUNGSTOWN, Ohio – The U.S. Supreme Court curbed the Environmental Protection Agency’s ability to limit greenhouse gas emissions from existing power plants (West Virginia v. EPA). In a 6-3 ruling handed down June…

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The Age Discrimination In Employment Act

By Nils P. JohnsonJohnson & Johnson Law Firm YOUNGSTOWN, Ohio – I have never seen so many job-wanted signs!  My business clients all complain they cannot find qualified workers.  Much of this of course is attributable to declining birth rates. Also,…

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Ohio Simplifies Process To Register Series LLCs

By Nils Peter JohnsonJohnson & Johnson Law Firm YOUNGSTOWN, Ohio – On Feb. 11, individuals familiar with the online process of registering a Limited Liability Company with the Ohio secretary of state noticed that the process had changed. Now, with…

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Can COVID Shots Be Made Mandatory?

YOUNGSTOWN, Ohio – Businesses want more workers vaccinated, both to keep operations running smoothly and to be able to say to the public, “It’s safe to do business here!”  How best to bring this about—with a carrot or a stick?  And if…

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Forced Recognition of Gain in Democrat Proposed Tax Changes

In our recent webinar with the Business Journal, we reviewed in detail the major income and estate/gift tax changes proposed by the Biden Administration and the Democratic Congress.  We noted the loss of the “step-up” in tax basis at death,…

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Webinar Rewind | Tax ‘Reform’ Ahead! Moves to Make Before Enactment

YOUNGSTOWN, Ohio — During a free webinar June 22, the team at Johnson & Johnson law firm discussed upcoming legislative proposals that could affect high-net worth individuals and business owners. Panelists shared steps for businesses/individuals to take soon to reduce…

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Estate Planning Under Biden Tax Proposals

If President Biden’s tax proposals go into effect, they will have an enormous effect not only on the way business owners run their companies, but also how they plan their estates.  Currently, a married couple can pass tax-free an unlimited…

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Family Business Succession Planning II

Our law firm turned 100 this year. They say that roughly a third of family businesses make it from the founder to the second generation, a third of those make it to the third generation, and precious few make it to…

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Tax Planning for the New Administration

Control of the U.S. Senate will not be determined until the Georgia run-off elections in January.  And yet, as we approach year-end, it is wise to consider the upcoming Biden administration’s proposed tax changes. Gift and Estate Taxes: A person can pass…

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Estate Planning Amid Potential Tax Increases

The Tax Cuts and Jobs Act (TCJA) increased the size of a non-taxable wealth transfer to a non-spouse from $5 million to $10 million. The $10 million amount was indexed for inflation such that in 2020 a tax-free estate is…

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The Coronavirus Litigation Wave

In the recent webinar I gave  about COVID-19 legal issues when a business re-opens, I predicted the epidemic would mean a flood of litigation.  There were huge costs for those hospitalized and there was even a suggestion that certain coronavirus…

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Sponsored Content: The information and views expressed in all Business Strategies Video Network series are of the content contributor, and do not necessarily reflect the opinions of The Business Journal.

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