Confidential Settlements of Sexual Harassment Claims are No Longer Tax Deductible

In response to the recent wave of sexual harassment allegations and the #MeToo movement, the 2017 Tax Cuts and Jobs Act includes a provision some call the "Harvey Weinstein tax." Specifically, the law amends the Internal Revenue Code to prohibit a business from deducting the costs of a settlement payment (including attorneys' fees) for a sexual harassment claim, if the settlement agreement contains a nondisclosure (confidentiality) provision. New Section 162(q) was added to the Internal Revenue Code and provides that no deduction shall be allowed for "(1) any settlement or payment related to sexual harassment or sexual abuse if such settlement or payment is subject to a nondisclosure agreement, or (2) attorneys' fees related to such a settlement or payment." This provision applies to all such settlements entered into or paid after December 22, 2017, the date President Trump signed the bill into law. [More]

Decoding Ohio's New Truancy Law for Students with Disabilities

When Ohio updated its truancy law in 2017, the move required schools to emphasize prevention over punishment. Lawmakers shifted the focus from court proceedings to intervention strategies in schools, hoping students will return to the classroom and face a better chance for academic success. In the process, the juvenile justice system can reduce its caseload and focus on more serious matters. [More]

The Basics of Booze: Can a municipal corporation get rid of its local punch palace?

Although liquor permits in Ohio are issued by the state, a municipality has the right to request a hearing on the renewal of any permit within its borders. It can do so by objecting to the permit's renewal as provided in Ohio Revised Code ยง4303.271. All liquor permits in Ohio, for the sale of beer and wine for carry-out ("C" permits), and for the sale of beer, wine and spirituous liquor for on-site consumption ("D" permits), are issued by the Ohio Division of Liquor Control. Each political subdivision (municipality, township or county) is assigned a specific number of permits that can be issued within the boundaries of that subdivision. This number is known as a quota. The permit quota is based on the population of the political subdivision at the last census. [More]

Five Ways to Protect Your Intellectual Property

The intellectual property you create is a vital asset. However, creating and maintaining a durable intellectual property portfolio can be costly. Many sophisticated entrepreneurs or business leaders forgo prioritizing protection of such intellectual property because it is often perceived as just another inessential expenditure, rather than a shrewd, strategic investment. Some overlook protecting their intellectual property because they are unsure about the ultimate profitability of their "protectable" ideas. Others are regrettably unmindful of the fact that some may attempt to copy or steal their intellectual property. [More]