Many business owners may blithely assume that when they pass away, their family members will step in and take over the company as if you were still there. Unfortunately, that’s not a very good assumption, and not a good business succession plan, either. Successfully transitioning a business to … [Read more...] about The Pitfalls Of Failing To Establish Business Succession
CAN AN ILLINOIS EMPLOYER REQUIRE YOU TO GET THE COVID-19 VACCINE?
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?
Don’t Ask for PPP Loan Forgiveness Just Yet
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
URGENT: YEAR END DEADLINE FOR SEXUAL HARRASSMENT PREVENTION TRAINING
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
Exemptions To Nonprofit Fundraising Registration In Chicago
When a nonprofit is doing any kind of fundraising in Chicago (or the state of Illinois), there are certain regulations that it must follow. One of those is registering with the Illinois Attorney General's Charitable Trust and Solicitations Bureau. An organization that does not register can face … [Read more...] about Exemptions To Nonprofit Fundraising Registration In Chicago
