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NEW ILLINOIS LAWS AFFECTING ILLINOIS EMPLOYERS IN 2014

Uomo con depressione fisicaNew Illinois Laws Affecting Illinois Employers in 2014 While the New Year brings many new laws of which you should be aware, there are particular laws effective January 1, 2014 instituted by the Illinois legislature of which business owners should be particularly aware. Below is a brief summary of one of the new laws that may affect Illinois bu...
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DOES YOUR COMPANY USE ITS OWN CONTRACTS? IT SHOULD.

contractWhile many business owners are negotiating acquisitions, purchases or other business opportunities, lost in the importance of fundamental deal terms is the determination of which party's contract will be used to memorialize the agreed relationship. When seems like something trivial could go a long way to making sure your company benefits the most from the business relationship....
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NEW IRS REVENUE PROCEDURE MAKES FILLING LATE S-CORP ELECTION EASIER

contract formFor many people who are starting a new business, organizing an S-Corporation ("S-Corp") offers the business owners many advantages. In addition to limited liability and protection of personal assets, among other things, stock holders have the benefit of pass-through, single-level taxation. In order to obtain status as an S-Corp, after incorporation with a particu...
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