Recent News and Updates
On top of the other problems presented by COVID-19, Americans are also facing the dreaded tax deadline of April 15, 2020. Treasury Secretary Steve Mnuchin recently said that the IRS will allow the postponement, without interest or penalty, of up to $1 million worth of federal income tax payments until July 15, 2020.
On March 18, 2020, President Trump signed the Families First Coronavirus Response Act, which provides two significant benefits for employees and a corresponding tax credit for employers. The law will go into effect April 1, 2020, and will remain in effect until December 31, 2020. The law addresses emergency paid sick leave and emergency family medical leave.
Critchfield attorneys Bob Gorman and Kim Hall partnered with the Wooster Area Chamber of Commerce for a roundtable discussion of the issues faced by employers during the Coronavirus pandemic.
As the world comes to grips with the Coronavirus (officially named COVID-19), employers are considering the potential impact upon their workplaces. Although Ohio has no confirmed cases of Coronavirus at this point, area employers have been affected by world-wide supply chains and restrictions on travel.
Congratulations to CCJ attorney John Waltman on his 50 years as a member of the Ohio bar!
Rather than viewing the proposed payment as a final offer, you should consider the initial offer as a starting point in negotiations and bargain for the best deal possible.
The Truth about the Medicaid Spend-Down: You Don’t need to “Lose” all of Your Assets to the Rest Home
Looking to protect your assets as you age? It is never too late (or too early!) to start planning. Whether you are being proactive as you enter retirement or are responding to a crisis (such as a fall, stroke, or diagnosis), there is planning that can be done to help PROTECT your hard-earned assets.
If you have designated a trust as your retirement plan (including IRAs) beneficiary, please contact your Critchfield attorney to have your trust reviewed for compatibility with the new Secure Act provisions.
Did you know there are income brackets for Medicare? There are, and the brackets are NOT identical to income tax brackets. Attorney Nicole Hawks shares insights into the Medicare bracket system and strategies for avoiding a bump into a higher bracket for both single and married seniors.
Workforce development remains one of industry's biggest challenges in Ohio. In order to assist our clients with meeting this challenge, the attorneys at CCJ want to be sure our clients are aware of a program offered by the State of Ohio.