Minimum wage for Ohio workers will increase from $8.15 per hour to $8.30 per hour for non-tipped employees. Tipped employees will see their wages go up from $4.08 per hour to $4.15 per hour. In November 2016, Ohio voters approved a constitutional amendment which states that Ohio’s minimum wage shall increase on January 1 of […]
Amending governing agreements for multi-member limited liability companies, partnerships and other so-called pass through entities taxed as partnerships (“entity”) is now highly advisable for tax years commencing after December 31, 2017. For the commonly used limited liability company (“LLC”), this governing agreement is usually called an Operating Agreement. The need for amendment is because the […]
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