Ohio Announces 2016 Low-Income Housing Tax Credit Awards

On June 15th, the Ohio Housing Finance Agency announced the recipients of the 2016 Housing Tax Credit Awards (also known as Low-Income Housing Tax Credits or LIHTCs), which are used to fund the acquisition, construction, and rehabilitation of affordable housing. This year, 41 affordable housing developments in Ohio received tax

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DePaul Cristo Rey Empowers Students with Professional Experience

Barnes Dennig continues to demonstrate its belief in going beyond the numbers by partnering with DePaul Cristo Rey High School. DePaul Cristo Rey is a Catholic, college preparatory high school located in Cincinnati that focuses on transforming students with economic needs into high school and college graduates through their curriculum

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Challenges Arise Against Pending Department of Labor Fiduciary Rule

On April 6, 2016, the Department of Labor introduced a new rule extending and strengthening its existing definition of a fiduciary. Previously, while many financial advisors such as Certified Financial Planners and Registered Investment Advisors were subject to these fiduciary standards, brokers and insurance agents were exempt. Rather, they abided

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Refund Potential for Ohio Non-Residents

Ohio’s taxation of a non-resident’s capital gain from LLC sale deemed invalid In a recent decision by the Ohio Supreme Court, the capital gain resulting from the sale of a non-resident’s ownership interest in an LLC, in which he did not participate in day-to-day management of operations, was not subject

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Ohio Offers Export Assistance to Qualifying Companies

Ohio companies exported greater than $52 billion worth of goods to 216 countries and territories in 2014. The Ohio Development Services Agency (ODSA) offers many programs that create competitive advantages for Ohio businesses in the global marketplace. The exporting assistance programs offer numerous resources including export counseling and education, market

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