The Paid Leave for All Workers Act Illinois’s new paid leave law, PLAWA, affects every employer with an employee in the state and goes into effect January 1, 2024. PLAWA allows employees to accrue up to one week a year of paid leave. This paid leave must be able to be used for any reason. More generous municipal [...]
https://www.youtube.com/watch?v=N2jHt09KxSs Our employment webinar on Employees vs. Independent Contractors is now available to view on YouTube. Thank you to everyone who attended! Subscribe to our newsletter here to receive updates and notifications for future webinars, whether another employment webinar or on other topics. Worker misclassification is one of the most common mistakes we see business owners make, whether [...]
PLLC owners must get an IDFPR login to register their business with the department, in addition to their personal registration. The IDFPR started cracking down on PLLCs a couple years ago. The registration process is obscure and hard to navigate, and help is hard to find. So, you have a new PLLC. Congratulations! Whether you just formed it [...]
On July 1st, two of Chicago’s municipal ordinances will see scheduled updates. The city’s minimum wage will increase. Certain employers will have to post schedules two weeks in advance. July 1st Employment Law Updates July 1st will bring a couple of important legal changes for employers in Chicago, when a couple of municipal ordinances have updates scheduled to take [...]
S-Corp taxes recently changed in Illinois. The state legislature recently passed SB 2351, a corporate tax reform law, that has significant ramifications for S-Corporations (“S-Corps”). Before diving into the law and why it matters, we should cover some background information. What Is An S-Corp? An S-Corp is a sub-type of the classic corporate entity structure, often referred to as [...]
