Earlier this week, on July 1st, 2020, Chicago enacted the Chicago Fair Workweek Ordinance. Coming at the same time as an increase in the minimum wage, the Ordinance supports and enforces workers’ rights to a fair and predictable schedule. The Ordinance requires certain employers to post schedules 10 days in advance and pay employees extra for sudden schedule changes, [...]
Today, July 1st 2020, Chicago’s minimum wage goes up. The increase marks the second stage of a plan to incrementally reach $15.00/hour by 2021. The BACP published full rules on their website; here are the essential details: What is the Minimum Wage in Chicago? The minimum wage used to be $13.00 across the board. The rules taking effect today [...]
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 [...]
