Author Archives: Kohler & Smith Co., LPA

About Kohler & Smith Co., LPA

We are a general practice law firm serving Ohio, Florida, and Pennsylvania. Since 1978, Kohler & Smith Co., LPA has provided representation for its clients' legal and tax matters. The attorneys at Kohler & Smith Co., LPA focus their practice on Estate Planning, Elder Law, Probate, Business/Corporate Matters, Real Estate, Taxation, Lottery Law, Receivership, and Civil Litigation.

Joseph Kohler To Receive The 2013 Columbus Bar Community Service Award

Joseph E. Kohler will be awarded the prestigious 2013 Columbus Bar Community Service Award at the Columbus Bar Foundation’s Annual Meeting on May 16th.  The award recognizes Joe’s contributions to the central Ohio community and his commitment to helping others.  … Continue reading

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So You’ve Filed Your 2012 Taxes . . .

What should you do with the copies of your returns and the supporting tax documentation once you have filed your taxes?  Generally, the government has three years from the due date of the return, or any extension, to audit your … Continue reading

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Ohio’s New Domestic Asset Protection Trust Statute

In December of 2012, Ohio governor John Kasich signed into law The Ohio Legacy Trust Act that becomes effective March of 2013.  Ohio now joins a minority of states allowing for such trusts.  While these domestic asset protection trusts cannot … Continue reading

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IRS Releases 2013 Contribution Limits

The IRS has raised the contribution limits for most 401(k)s, 403(b)s, and 457 plans to $17,500 for 2013, up from $17,000 in 2012.  Further, employees who are over 50 can contribute an additional $5,500 as a catch-up contribution to their … Continue reading

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Charging Orders and a Settling of Ohio LLC Law

On May 4, 2012, Ohio enacted several new provisions relative to its limited liability company law (including R.C. 1705.18). One of the main reasons for creating a limited liability company (“LLC”) is to separate and distinguish the assets and liabilities … Continue reading

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Who Owns The Space Above (Or Below) Your House?

Ever wonder how much space above or below your house is yours as a land owner?  Check out this interesting article to find out more.

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Two Small Business Tax Credits for Tax Year 2012

The Internal Revenue Service (IRS) is continuing to promote two small business tax credits that are available to certain businesses that satisfy the programs’ criteria.  The first credit is an expanded credit for hiring veterans and the second credit is … Continue reading

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