Unexpected inflation and increasing replacement costs could combine to present an unpleasant surprise to your expectations for property insurance coverage in a time of need. Many tend to think of real estate properties as...more
Now is the time of year when counties are publishing, mailing or providing notices of property assessments as required by Ohio law. Ohio Revised Code 5715.17 provides that counties must give notice that valuation revisions...more
Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and...more
6/7/2022
/ Community Development ,
Economic Development ,
General Assembly ,
Historic Preservation ,
Historical Rehabilitation ,
Investors ,
Opportunity Zones ,
Real Estate Development ,
Real Estate Investments ,
Tax Credits ,
Tax Planning
EVTOL VEHICLES CREATE NEW POSSIBILITIES IN AVIATION -
Following years of innovation in aviation, battery, and computing technologies, a new mode of transportation has emerged: the electric vertical takeoff and landing...more
On Wednesday, March 9, 2022, President Biden signed an Executive Order “Ensuring Responsible Development of Digital Assets” (the “Order”). This widely anticipated Order came as a pleasant surprise for both proponents and...more
3/14/2022
/ Biden Administration ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Financial Regulatory Reform ,
Financial Services Industry ,
Financial Transactions ,
Investment Contract ,
Investor Protection ,
Regulatory Agenda
On Nov. 15, 2021, President Biden signed into law the massive $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (the “Infrastructure Law”). Touted as the single largest investment in American infrastructure in...more
2/21/2022
/ Biden Administration ,
Broadband ,
Charging Stations ,
Clean Energy ,
Electric Vehicles ,
Federal Grants ,
Fishing Industry ,
Infrastructure ,
Infrastructure Financing ,
Infrastructure Investment and Jobs Act (IIJA) ,
Public Transportation ,
Railways ,
Transmission Grid ,
Transportation Industry
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio...more
As cryptocurrencies such as Bitcoin rise in popularity, government regulators repeatedly try, and often fail, to control its use as a tax shelter. Agencies such as the IRS struggle with determining the best way to tax...more
2/11/2022
/ Bitcoin ,
Capital Gains ,
Cryptocurrency ,
Digital Currency ,
Financial Services Industry ,
Financial Transactions ,
Income Taxes ,
Investment ,
IRS ,
Popular ,
Reporting Requirements ,
Tax Liability ,
Tax Planning ,
Tax Returns ,
Virtual Currency