Last month, the United States District Court for the Northern District of Illinois confronted a bank’s potential liability for false information obtained (and even allegedly encouraged) by bank employees in the processing of consumer loans.

Generally, a trustee is required to provide certain information and accountings to the beneficiary of an irrevocable trust.

Taxpayers seeking to contest the values established by the local assessor have a short time-to contest their new valuation.

Since the last edition of The Evaluator, there have been several notable legislative developments and decisions from courts and tax boards in jurisdictions across the country.

In a recent decision, the United States District Court for the District of Minnesota held that the Department of Justice (DOJ) can still dismiss a qui tam filed under the False Claims Act even after it has declined to intervene in the case.

Property taxes are frequently the largest non-productive expense incurred by property owners, and proactive management of this expense may result in increased profitability.

Andy Kaplan, a partner in the Cincinnati office, and Lauren Saunders, an associate in the Cincinnati office, co-authored an article for the Cincinnati Business Courier titled “What’s Trending in Employment Law.”

Is a surviving spouse responsible for her deceased spouse’s medical bills if the creditor did not properly submit a claim against his estate?

Every six years the State of Ohio requires counties to reappraise real estate.

Nate Lampley, the managing partner of the Vorys Cincinnati office, authored an op-ed for Corporate Counsel titled “The Diversity Discussion: Big Law Partner Shares His Experiences to Help Change the Norm.”  T

If you’ve recently updated your estate plan, there may be outstanding tasks that require your attention.

Every six years the State of Ohio requires counties to reappraise real estate.

Taxpayers seeking to contest real property tax values established by assessing jurisdictions across the country often have a short window of opportunity to contest their new valuation.

On December 14, 2018, a District Court in Texas held that the Affordable Care Act (ACA) is unconstitutional.  Texas v. United States, No. 4:18-cv-00167 (N.D. Tex. 12/14/2018).   While the case makes its way through the appeal process, group health plan sponsors should continue to comply with the ACA.

On October 31, 2018, the Internal Revenue Service and the Department of the Treasury released proposed regulations under Section 956 of the Internal Revenue Code (Proposed Regulations) that, for certain U.S. corporate shareholders, generally undo the “deemed dividend” rules that have applied to foreign corporate subsidiaries for decades.

On November 29, 2018, the IRS announced a 32-day extension of the deadline to distribute 2018 Form 1095-Cs to employees.

On November 19, 2018, Institutional Shareholder Services Inc. (ISS) released updates to its proxy voting guidelines for 2019 (2019 Updates).

The Tax Cuts and Jobs Act that was signed into law at the end of 2017 made sweeping changes to many laws affecting donors.

New hardship distribution regulations have been proposed for 401(k) and 403(b) retirement plans. Clients will need to make decisions about what changes they want to adopt and when.

Gone are the days of going on vacation to get away. As technology continues to advance, society has not only become increasingly dependent on the ability to remotely handle routine tasks, but also on the capability to deal with more complicated tasks such as reviewing and signing involved legal documents.