BLOGS

I’M NEVER GOING TO DIE AND OTHER BAD SUCCESSION PLANNING IDEAS: PART II OF A SUCCESSION PLANNING SERIES

What is your plan for retirement? If you are like the majority of the other 30 million small business owners in the U.S., your business is the majority of your retirement plan. Whether your plan is to sell the business to a third party or transition ownership to your employees, odds are the majority of the funds you and your family are counting on when you retire are tied up ...
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10 TIPS TO PROTECT YOUR INTELLECTUAL PROPERTY FROM UNAUTHORIZED TRANSFER WITHIN YOUR IP LICENSE

Protecting your software and other intellectual property (IP) assets is very important in protecting your business. Consider implementing some important practices to increase your protections and controls. By considering these tips and including some of these provisions in your IP License Agreement (IP Licenses), you reduce the risk of your software or other IP being transferred w...
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NEW ILLINOIS LAWS IN 2019 REQUIRE EMPLOYERS TO REEVALUATE POLICIES AND PRACTICES

  As 2018 is coming to an end, now’s the time for employers, business owners, and HR professionals to turn their attention to the new year. Here is a look at what you can expect in 2019. Employee Reimbursement for Business Expenses Effective January 1, 2019, amendments to the Illinois Wage Payment Collection Act (IWPCA) will require employers to reimburse their employees for ...
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ILLINOIS EMPLOYERS NOW REQUIRED TO REIMBURSE EMPLOYEE EXPENSES

What is the New Law regarding the Illinois Wage Payment and Collection Act (“IWPCA”)? On Aug. 26, 2018, Governor Rauner signed into law an amendment (Public Act 100-1094) to the Illinois Wage Payment and Collection Act (“IWPCA”), which will  go into effect January 1, 2019, requiring employers to reimburse employees for costs that are incurred in direct relation to their work for the...
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