Confused and overwhelmed by the BOI Report? You aren’t alone. The Beneficial Ownership Information Report (BOI Report) is a newly required filing from the Financial Crimes Enforcement Network (FinCEN). In an effort to combat the use of shell and front
New Paid Leave Laws for Illinois Employees
The Paid Leave for All Workers Act
In March 2023, the Illinois legislature passed and Gov. Pritzker signed the Paid Leave for All Workers Act (PLAWA). This law introduces some big changes that will affect Illinois business’ vacation time, sick
What are the new laws in Illinois for 2024?
New year, new laws! In our 2024 annual legislative digest for Illinois’ small business community, we highlight five new laws that take effect this year and one existing law getting an
Our employment webinar on Employees vs. Independent Contractors is now available to view on YouTube. Thank you to everyone who attended! Subscribe to our newsletter here to receive updates and notifications for future webinars, whether another employment webinar or on
A bunch of legal updates take effect for small businesses in 2023.
July 1st Employment Law Updates
July 1st will bring a couple
S-Corp taxes recently changed in Illinois. The state legislature recently passed SB 2351, a corporate tax reform law, that has significant ramifications for S-Corporations (“S-Corps”). Before diving into the law and why it matters, we should cover some background information.