Compliance Stuff

Year-end is traditionally a time for looking back and planning ahead . . . in life, as well as in the course of your business. Included here are some things you will want to consider at the end of 2025, going into 2026. Prepare for annual filings. The year-end is the perfect time to consider whether you need to update information about your corporation, limited liability company, or other entity in the state of your organization, or any state in which you are qualified to do business. S ome items you’ll want to review include: Address Agent for service of process Authorized shares Purpose It is also a great time to review your business and determine if there are any states where your entity’s conduct of business will require it to register as a foreign entity. While Ohio doesn’t require annual reports, other states, such as Delaware, Kentucky, Indiana, and Tennessee, do, and you should prepare for these filings for any entity that is organized or does business in those states. Likewis...

In 2024, Ohio employers paid over $180,000,000 in lost time expenses after workplace injuries, with an average cost of $37,000 per claim in lost time expenses alone .  One of the best ways to reduce lost time expenses is by offering light duty work to an injured worker after a workplace injury.  Light duty work not only reduces claim expenses for the employer, but it’s also beneficial to the injured worker by keeping them engaged in the workforce during their recovery.  However, if an employer wants to offer light duty work, they must do so with care to ensure compliance with the rules set forth in the Ohio Administrative Code and Ohio Revised Code.  Ohio Administrative Code 4121-3-32(A)(6) sets forth that a “job offer” means  “a proposal, made in good faith, of suitable employment within a reasonable proximity of the injured worker’s residence”.  OAC 4121-3-32(A)(6) further states that any written job offer shall: 1) identify the position offered, 2) inc...

  They appeared . They  caused a fright . And then they  disappeared… along with all of your data. While not  a ghost , that is how most hacking groups operate and their ghostly presence is growing across the globe. Rapid7 , a leading cyber security solutions provider, reported  that there were  more than 2,500 ransomware attacks in the first six months of 2024 – more than 14 publicly reported attacks a day – and that does not account for unreported attacks (which we know happens frequently) . So, how do you protect yourself from being the next victim of these ghostly attacks? First , back up that data! We’ll be the first to admit that the frequency and quality of your backups play little role in  whether  you suffer a cyber-attack. However, the quality of your data backups can certainly mitigate the  impact of  that attack. The more frequently you back up your data, on a separate server not connected or accessible from your main system...