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Judge rules that Pritzker can block evictions during pandemic

Judge John C. Anderson joined other judges who have upheld Pritzker’s authority to govern the State of Illinois through the COVID-19 pandemic by recently ruling in favor of Pritzker’s eviction moratorium during the pandemic regardless of the economic devastation caused to landlords. The lawsuit was brought on my landlords in the Chicago suburbs and Rockford […]

COVID-19 Workers Compensation Coverage for Essential Employees

An emergency rule has been added to Illinois Workers’ Compensation Act [820 ILCS 305] and to the Workers’ Occupational Diseases Act [820 ILCS 310] on April 13, 2020.  This emergency rule allows essential employees who become sick with COVID-19 to receive Workers’ Compensation benefits for their illness. The emergency rule is in place for a […]

Force Majeure

As the COVID-19 pandemic continues to impact businesses throughout the nation, many of our clients are seeking input on basic contract related issues. The effect of force majeure provisions in contracts and the applicability of business interruption insurance are two of the most commonly asked questions. What is force majeure? “Force majeure” translates literally as […]

The CARES Act

The Coronavirus Aid, Relief, and Economic Security Act (CARES) has now been signed into law on Friday, March 27, 2020. The CARES Act has many facets to benefit businesses and individuals. Businesses This Act created a new Small Business Administration loan that provides money with the attractive feature that the amount borrowed may be forgiven […]

Estate Planning and Your Business

If you own a business, you likely know the extensive planning that is involved in operations to ensure the organization is successful. Similar to the time and attention that is devoted to running a successful business, it should come as no surprise that a carefully devised estate plan is crucial to an orderly management of […]

2019 Resolutions

We have now concluded the third week of the new year. You have probably made a list of resolutions focusing on various ways to improve your outlook in 2019. As the holiday season fades away and we get back to our normal routines, have you considered ways you may improve your life this year that […]

Why a Business Needs an Attorney

Starting a business is an energizing experience for those with the entrepreneurial spirit that often involves developing a partnership with various individuals – an accountant and a commercial banker for example. Often, business owners may overlook the benefits of legal representation both in forming the business and then beyond. Below are some reasons why having […]

How the Tax Reform Affects Pass-Through Businesses

On December 20th, 2017 one of the largest tax reform bill in recent decades was passed.  One significant change effects pass-through businesses, including sole-proprietorships, S corporations, and LLCs taxed as partnerships or S corporations. These businesses are classified as pass-through businesses if the owners report income from their businesses on their personal income tax returns. […]

How the Tax Reform Affects Businesses

How the Tax Reform Affects C Corporations On December 20th, 2017 one of the largest tax reform bills in recent decades was passed. C corporations, which experience a double-taxation due to taxation at corporate and income-distribution levels, should experience some benefit resulting from the taxation changes. The Corporate Tax Rate The new law incorporates a […]

New Year, New Goals

The new year brings a renewed focus on opportunities and goals. Changing your real estate, preparing your estate plan, or beginning your dream business may be a few resolutions to add to your list. Our experienced team of professionals can help make your list a reality in 2018.   Real Estate Downsize. Whether you are […]

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