Resources
Stay in the know of company and industry updates, accomplishments and more!
U.S. Department of Labor Issues Model Notice Required by Employers Under the Family First Coronavirus Response Act
On March 19, Congress approved and the White House signed into law the Family First Coronavirus Act (“FFCRA”), which provides for expanded protections under the Family Medical Leave Act as well as paid sick leave to eligible employees for qualifying reasons related to COVID-19.
U.S. Department of Labor Issues Model Notice Required by Employers Under the Family First Coronavirus Response Act
On March 19, Congress approved and the White House signed into law the Family First Coronavirus Act (“FFCRA”), which provides for expanded protections under the Family Medical Leave Act as well as paid sick leave to eligible employees for qualifying reasons related to COVID-19.
COVID-19 and Contract Performance
Businesses large and small have been placed under tremendous financial strain due the current pandemic. Government action at all levels seeking to address the issue are advancing and changing by the hour. Some of these will offer small businesses some relief.
Congress Passes Family First Coronavirus Response Act – H.R. 6201
Late yesterday, the United States Senate approved H.R. 6201 – the Family First Coronavirus Response Act (the “FFCRA”) – which provides for expanded protections under the Family Medical Leave Act (the “FMLA”) as well as paid sick leave to certain employees impacted by the novel coronavirus, COVID-19.
Rep Cranks Out Complete Victory
Sales reps who make the difficult decision to take action upon suffering a contract breach oftentimes have to settle for the equivalent of a ground rule double. Perhaps the litigation results in recovering the unpaid sales commissions plus interest, but not the exemplary damages teased under a state statute.
Tax Planning with Stock Issued to Employees
Question: I recently accepted a job with a startup company and was given shares of company stock at no cost to me in which I will vest over a period of years. Do I have to pay tax on the shares I receive?
2020 Ushered in Significant and Far-Reaching Changes to Illinois’ Employment Laws: Is Your Business in Compliance?
On January 1, 2020, Illinois enacted a series of new employment laws and expanded existing laws which significantly impact every employer and employee in the state of Illinois. What follows is a brief overview of the changes to Illinois’ employment laws and the new obligations they impose on Illinois employers.
Illinois Department of Human Rights Issues New Guidance Regarding Employer Mandatory Sexual Harassment Training Requirements
Among the sweeping changes to Illinois’ employment law framework, arguably none is as far-reaching or consequential to Illinois employers than the recently enacted amendments to the Illinois Human Rights Act, which now require every Illinois employer to provide annual mandatory sexual harassment prevention training for all employees, beginning this year.
Why Justices Declined Review of Scientist’s Defamation Case
On Nov. 25, 2019, the U.S. Supreme Court denied petitions for writs of certiorari seeking review of a U.S. Court of Appeals for the District of Columbia Circuit decision, allowing climate scientist Michael Mann’s defamation case to proceed against the National Review, the Competitive Enterprise Institute and two individuals.
Tax Planning with Appreciated Assets
Question: I own a stock portfolio which has appreciated significantly in value over the years. Can I transfer the portfolio to my aged mother and have her transfer it back to me upon her death so I can benefit from a step-up in basis when she dies?