Update – Compliance with the Corporate Transparency Act of 2020

As you may have heard, on March 1, 2024, the District Court for the Northern District of Alabama ruled that the Corporate Transparency Act of 2020 (“CTA”) is unconstitutional, and the U.S. Treasury Department is permanently enjoined from enforcing the CTA, but only against the two named plaintiffs in that case (Issac Winkles and National […]

Beneficial Ownership Information Reporting Requirements of the Corporate Transparency Act of 2020, effective January 1, 2024

  By: Edmund G. Kauntz, Esq. In early 2021, Congress passed the Corporate Transparency Act of 2020 (the “CTA”) after more than a decade of efforts to implement beneficial ownership reporting for business entities. The CTA establishes reporting requirements for most business entities organized or registered to conduct business in the United States.  On September […]

Congratulations to all of SMDK’s 2023 Best Lawyers

Singerman, Mills, Desberg & Kauntz Co., L.P.A., would like to congratulate Gary S. Desberg, Jeffrey A. Gorski, Evan S. Hirsch, Paul J. Singerman, and Ronald J. Teplitzky on being included in the 2023 edition of The Best Lawyers in America©. Nathaniel D. Tucker has been recognized in 2023 The Best Lawyers in America© “Ones to Watch” awards. Founded in 1983, […]

U.S. News & World Report Includes SMDK in “Best Law Firms” Rankings

Singerman, Mills, Desberg & Kauntz Co., L.P.A., is honored to be included in the 2022 U.S. News – Best Lawyers® “Best Law Firms” rankings. Singerman, Mills, Desberg & Kauntz Co., L.P.A., has been regionally ranked in four practice areas: Real Estate Law – Tier 1 Banking and Finance Law – Tier 2 Closely Held Companies […]

Moving Forward… What Ohio’s Revised Limited Liability Company Act Means for Your Business

By: Edmund G. Kauntz, Esq. and Nathaniel D. Tucker, Esq On January 8, 2021, Governor Mike DeWine signed the Ohio Revised Limited Liability Company Act (the “Revised Act”) into law. The Revised Act replaces the existing Ohio Limited Liability Company Act (the “Old Act”) under Ohio Revised Code (“R.C.”) Chapter 1705 with a new Chapter […]

Moving Forward… Proposed Tax Changes and How They Affect Estate Planning

You may have seen news about possible tax legislation changes that are being considered by Congress as part of the budget resolution process. At this time, it is unclear which of these changes may be enacted, and what the effective dates of such changes would be. However, because it is possible that such changes could […]

Estate Planning with Buy-Sell Agreements

By: Paul J. Singerman, Julie E. Firestone, and Abbie R. Pappas Estate planning is a vital tool for business owners who wish to transition and protect their assets and business interests. When doing estate planning, business owners often expect that the persons and institutions they designate to receive their assets upon death will receive either […]

Estate Planning and Assisted Reproductive Technology

By: Julie E. Firestone, Esq. and Abbie R. Pappas, Esq. The goal of proper estate planning is, ideally, to provide peace of mind that a client’s property will pass to his or her loved ones, which is most often his or her family. With recent advances in assisted reproductive technology (“ART”), there are now countless […]

SMDK Welcomes Julie E. Firestone

Singerman, Mills, Desberg & Kauntz Co., L.P.A. is pleased to announce that Julie E. Firestone has joined the firm as a Principal.  Prior to joining the firm, Ms. Firestone practiced in the Cleveland and Akron, Ohio areas at Brouse McDowell LPA. Ms. Firestone has extensive experience in administering large and complex decedents’ estates and advising […]

Jeffrey W. Gallup Joins SMDK

Singerman, Mills, Desberg & Kauntz Co., L.P.A. is pleased to announce that Jeffrey W. Gallup has joined the firm as a Principal.  Prior to joining the firm, Mr. Gallup was a shareholder with Cavitch, Familo & Durkin Co., L.P.A. Mr. Gallup often serves as outside general counsel to his clients.  He has represented clients in […]