By: Thomas Law Group On: March 12, 2022 In: General Law Comments: 0

In 2021, Ohio overhauled its limited liability law, which was by most accounts out of date and not in line with other states across the nation that had already passed statutes reflecting the provisions of The Uniform LLC Act of 2006 and 2011. Currently, most of Ohio’s active business entities...

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By: Thomas Law Group On: December 16, 2020 In: General Law Comments: 0

The end of the year is a perfect time to address major changes in your personal life and business through legal documentation and planning. Here are a few reminders to consider before we wrap up another year. Have you reviewed your estate planning recently? Have there been any life...

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By: Thomas Law Group On: April 19, 2019 In: General Law Comments: 0

The vast majority of our clients use a lender in order to purchase a business, assets, or real estate. Our clients routinely sign loan documents with their lender without having an attorney review the documents or fully explain the restrictions contained in them. Borrowers often think, so long as...

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By: Thomas Law Group On: November 09, 2018 In: General Law Comments: 0

It is an unfortunate consequence of doing business that at some point in time a customer, patient, or client will have an outstanding balance with you or your company, and will include that outstanding balance in a Bankruptcy filing. If your customer, patient, or client includes an outstanding balance...

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By: Thomas Law Group On: December 28, 2017 In: General Law Comments: 0

Based on our current tax laws, here are a few simple ways to reduce your taxable income for 2017: 1. If you are a business owner and have sufficient cash flow, consider pre-paying expenses. 2. Max out your retirement contributions. The time value of money is an amazing thing,...

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