S Corp Taxes In Illinois (SB 2351)

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 [...]

New Laws in 2022

In 2022, several new laws went into effect in Illinois that could impact your business. In this blog post, we will dive into each of those new laws and how they may affect you, although this is not an exhaustive list of every law effective this year. If you have any questions about what these laws mean for your [...]

2022-01-19T13:22:18-06:00January 19th, 2022|Small Business Law|

S Corp: Is It Right For Me?

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 [...]

Commercial Leases: Top 6 Issues for Businesses

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 [...]

2023-05-19T15:09:05-05:00July 12th, 2021|Small Business Law|

Trademark Troubles: Office Actions 101

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 [...]

2021-08-05T12:20:34-05:00June 23rd, 2021|Small Business Law, Trademarks|
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