Politicians in dangerous game of Russian Roulette with our economy at stake.
I recently heard in a seminar that a business owner could maintain control of his family business, yet accomplish effective estate planning, by gifting 49% of his ownership in the family business to his children. This would allow the business owner to maintain control of the business (i.e., 51% controlling ownership position), yet take advantage […]
Governor Kasich strategically included a provision in a version of the state budget which clarified that the Commercial Activity Tax (“CAT”) would apply to all revenue generated by casinos before winnings were paid out. In other words, if a gambler wagered $20, the $20 would be considered a gross receipt for CAT purposes. Ohio casino […]