Cincinnati Legal Issues Blog

As Ohio businesses grow, owners may find themselves coming to a point at which they need to hire employees. This can be an exciting time because it means that the company is expanding, but it can also be nerve-wracking because owners certainly want to ensure that any new help is right for the job. Additionally, future employers need to make sure that they comply with the law when hiring employees.

One of the first steps that a business owner needs to take is to obtain an employer ID number. This ID number is used by the IRS to keep up with a particular employer's business information. Plus, the EIN allows the employer to start payroll and keep up with the necessary tax-related information for the business.

Ending a marriage means assessing details that many Ohio and Kentucky residents may not have considered before. For instance, individuals going through divorce need to understand how their income and other compensation could affect their property division proceedings. If individuals receive income other than a straight salary, they may need to give that income closer consideration.

Stock options are a benefit that many employers offer their employees. If individuals have stock options earned during their marriage that is now ending, it is likely that compensation earned from those stocks could be divided during the divorce. However, determining the exact amount of compensation obtained and the percentage that each spouse is entitled to can prove tricky. It is important to assess the terms of the stock options, which could also impact whether they are considered marital property.

Perhaps you never realized how consuming your divorce would be. Not only is it taking a great deal of your time, but you may find that it takes up much of your thoughts. Perhaps you are preparing for your deposition, taking inventory of your assets and working out a strategy with your attorney.

Meanwhile, you are also trying to do your job. As much as you would like to keep your personal life away from the office, you may wonder how it is possible when there are so many details to take care of for both. Nevertheless, failing to separate your complex divorce from your Ohio business may compromise the success of both.

You likely do all you can to protect your employees from harm. This may include providing personal protection devices, mandatory safety training, and the most efficient and safest equipment for your industry. However, there may be dangers you are overlooking.

Some of the most common injuries among workers occur when business owners neglect to exercise precautions during winter. Ohio weather is unpredictable, and the state has already dealt with a blast of wintry precipitation this year. Failing to tend to the hazards of snowy and icy surfaces may result in an employee injury, which places you at risk of liability.