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COVID-19 Economic Injury Disaster Loans Available for Certain Non-Profit Organizations, as well as For-Profit Businesses

Posted on in Business, News, Nonprofit
COVID-19 Economic Injury Disaster Loans Available for Certain Non-Profit Organizations, as well as For-Profit Businesses

Because of the COVID-19 pandemic, the U.S. Small Business Administration (“SBA”) now offers a program of economic injury disaster loans to private non-profits, as well as for-profit businesses that have suffered substantial economic injury as a result of the COVID-19 pandemic. Generally, substantial economic injury means the private non-profit or business is unable to meet its obligations […]

Coronavirus Employment FAQs

Posted on in Business, Employment, Employment, News
Coronavirus Employment FAQs

Employers and employees are trying to figure out how the new emergency laws and statewide orders apply to their situation. Here are some frequently asked questions. Presently, Ohio is under a statewide stay-at-home order unless you are an essential business. These questions apply to employees who are working. This means essential employees of essential businesses. […]

BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

Posted on in Automotive/Transportation, Business, Insurance, News
BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

In a letter dated Wednesday March 18, 2020, a bipartisan group of U.S. Congressional lawmakers urged four major insurance trade organizations “to make financial losses related to COVID 19 and other infectious disease-related losses part of their commercial business interruption coverage for policy holders.” The lawmakers advised that the “shelter-in-place” orders that have been issued […]

THE NUN WON – PROPERTY TAX EXEMPTIONS

Posted on in Business, News, Nonprofit, Real Estate
THE NUN WON – PROPERTY TAX EXEMPTIONS

A so-called “home for the aged” can apply for real estate tax exemption under Section 5709.12 of the Ohio Revised Code. More familiar names for these homes may be residential care facility or nursing home. One requirement for exemption is that the facility “provide services for the life of each resident without regard to the resident’s ability […]

NO SURPRISE: NO TAX-EXEMPT STATUS FOR MEDICAL MARIJUANA ORGANIZATION

Posted on in Business, News, Nonprofit
NO SURPRISE:  NO TAX-EXEMPT STATUS FOR MEDICAL MARIJUANA ORGANIZATION

The legalization and prescription of so-called “medical marijuana” is increasing on a state by state basis. In a recent IRS Private Letter Ruling (No. 201940008), the organization at issue sought to obtain 501(c)(3) tax-exempt status. The organization raised funds to assist individuals in financial need to help them pay for their prescribed treatment with medical marijuana. […]

WESTON HURD ATTORNEYS NAMED 2020 OHIO SUPER LAWYERS AND RISING STARS

Posted on in Business, Employment, Employment, Insurance, News
WESTON HURD ATTORNEYS NAMED 2020 OHIO SUPER LAWYERS AND RISING STARS

Congratulations to the following Weston Hurd attorneys named 2020 Ohio Super Lawyers and Ohio Rising Stars by Super Lawyers, a Thomson Reuters business.  Attorneys are selected using a patented multiphase process that combines statewide nominations, independent research, and peer evaluations to create a credible, comprehensive, and diverse listing. Kevin R. Bush Personal Injury General: Defense Carolyn M. Cappel Personal Injury […]