S Corps may seem complex, but they are actually a quite simple tax designation. Not all small businesses will benefit from an S-Corp designation, and the decision to file as one is very individualized. If filing as an S Corp is right for your company, it is not a complicated process; just follow the timeline! https://www.youtube.com/watch?v=JfQ9MHXHo-s This article was [...]
A well-negotiated commercial lease can lead to a happy landlord-tenant relationship. However, unlike residential leases, commercial leases contain very few protections for the tenant. Sometimes you can negotiate for favorable terms. Sometimes your best option is to walk away. https://youtu.be/Ain0MvrTqbM This article was derived from a livestream with Michelle Green and attorney Rebecca Lyon. The Commercial Lease: Top Six [...]
Trademarks are a key part of people's businesses, protecting their names, logos, and associated phrases. Office actions are like roadblocks to getting your trademark registered. Some office actions are easy to predict and get around, but others might force you to find a new path to registration. https://youtu.be/31GhmJurvpk This article was derived from a livestream with Michelle Green and [...]
The following transcript has been edited for clarity and conciseness. You can view the entire livestream here. https://www.youtube.com/embed/oIklYbvCyeI Michelle: Thank you, Rebecca, for being here. Rebecca has done a ton of deep diving into trademarks and trademark law over the past couple of years. One of my favorite things to do is talk to Rebecca about trademarks because [...]
As a result of the coronavirus pandemic, only three new laws take effect this year that affect Illinois businesses. The statewide minimum wage increased. The minimum wage in Chicago will increase this summer. Chicago has also extended some licensing and permitting deadlines. New Laws for Businesses in 2021 Normally a new year brings a bevy of new laws. Last [...]
