As the production and distribution of the recently developed COVID-19 vaccine increases, many people may wonder whether their employer can require them to get the vaccine. The general rule is yes – with some exceptions. GENERAL RULE Under employment law, employers have the right and ability … [Read more...] about CAN AN ILLINOIS EMPLOYER REQUIRE YOU TO GET THE COVID-19 VACCINE?
This year has been unlike any other with a pandemic and with it many new pieces of legislation that affect your income taxes and estate planning. We will give an overview of important items you should consider. We believe that income and estate taxes will go up for many under a Biden … [Read more...] about YEAR END INCOME TAX AND ESTATE PLANNING RECOMMENDATIONS
The Small Business Administration (SBA) has started processing loan forgiveness applications. Almost 96,000 applications have been submitted so far. Should you submit your application now or wait? Here are some things to consider: 1. Deduction for certain expenses: The IRS recently … [Read more...] about Don’t Ask for PPP Loan Forgiveness Just Yet
Congress passed many tax law changes in 2020 to help cope with the pandemic. While some of these expire at the end of 2020 you need to know them to help to help your donors make year-end decisions. The summary is in a PowerPoint presentation that you can find at the link below. It was part of a … [Read more...] about 2020 tax law changes Illinois nonprofits need to know
A little over a year has passed since an amendment to the Illinois Human Rights Act was signed into law. It is important for any nonprofit or business to make sure they comply with the new training requirements which provides that employers must now provide sexual harassment prevention training. … [Read more...] about URGENT: YEAR END DEADLINE FOR SEXUAL HARRASSMENT PREVENTION TRAINING