Freelancers work at the mercy of the market. If you're freelancing during COVID-19, the see-sawing economy may make you want to shelve your business for a while. But this may actually be the ideal time to officially form an LLC for your freelancing business. Seems crazy, right? But official registration confers many benefits, we think that by the end [...]
“Social equity” status was a trademark of Illinois’s cannabis legalization legislation. It aims to give a leg up to license applicants from overpoliced, underinvested, and primarily minority neighborhoods. However, despite the promise of fairness, they must wait a while longer. Cannabis Licenses for New Businesses Delayed The state postponed the issuance of 75 new dispensary licenses for recreational adult [...]
Last updated June 9th, 2020 Another day, another round of revisions to the PPP. On June 5, 2020, the President signed the Paycheck Protection Program Flexibility Act (“the Act”), a set of changes to the current rules for the paycheck protection program. Three days later, the SBA administrator and US Treasury Secretary issued a statement “clarifying” the rules [...]
I recently had an epiphany about PPP loan forgiveness, thanks to a wise G & G Law attorney, Rebecca Lyon. For weeks, she was gently explaining to me that I didn’t need to stress about loan forgiveness quite so much. Global Pandemic Brain (anyone else experiencing this?) combined with cobbler’s children syndrome prevented me from understanding how the PPP [...]
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G [...]
