New Laws, New Year Part 2 Illinois small businesses need to get up to speed on a variety of state legislation passed in the previous session that came online on January 1. We covered several new provisions in a post last week [LINK], including a higher state minimum wage and…
Illinois Employers Face New Laws 2025 Guest Author: Kelsey Feucht, Associate Attorney with Bellas & Wachowski Illinois small businesses need to get up to speed on a variety of state legislation – particularly employment laws – which became effective on January 1. Key new laws (or amendments to existing legislation)…
Rarely does something that is forced affect a lasting difference, much less result in an improved circumstance. That said, as I considered another flip of the calendar, I decided to at least partially break my own rule and to offer what I will call a few suggestions that just might…
Corporate Transparency Act Updates WHO’S ON FIRST? ANOTHER UPDATE ON THE CORPORATE TRANSPARENCY ACT New Reporting Deadlines and Ongoing Legal Drama On December 23, 2024, a federal appeals court granted a stay over the nationwide injunction issued by a federal court which flipped the requirements for filing around (again!). The…
Nationwide Injunction Halts CTA FinCEN Suspends Enforcement The Corporate Transparency Act (CTA), enacted as part of the Anti-Money Laundering Act of 2020, has faced significant constitutional challenges, culminating in a nationwide injunction. As a result, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has suspended enforcement of the CTA’s reporting…
Wire Tapping vs. Browser Tracking? Software like Meta Pixel and Google Analytics that website operators use to track what sites a person visits, or what footprint they leave on those sites, is not subject to the same restrictions as wiretapping a phone line, according to a split decision from the…
Holiday Business Parties With the holiday season in full swing, workplaces often become the site of parties, gift exchanges, and other festive activities. These activities foster camaraderie among coworkers and allow teams to celebrate their accomplishments. Unfortunately, though, they can also sometimes lead to inappropriate behavior, including sexual harassment, which…
Corporate Transparency Act In a significant development, a Texas federal district court has issued a nationwide injunction temporarily blocking enforcement of the Corporate Transparency Act (CTA). This decision, handed down on December 3 in Texas Top Cop Shop, Inc. v. Merrick Garland (Case No. 4:24-cv-478), deems the CTA and its…
Conditional Gifts? A recent decision by the Massachusetts Supreme Judicial Court has sparked interest across legal circles. In a case centered around a $70,000 engagement ring, the court ruled that an engagement ring must be returned to the purchaser if the marriage does not take place, regardless of who may…
Corporate Transparency Act This is big reminder for every small business owner. Under U.S. Corporate Transparency Act (CTA), most corporations, limited liabilty companies and other legal entities, including homeowners’ associations (HOAs), condominium associations, and co-op associations, are required to file Beneficial Ownership Information (BOI) with the U.S. Financial Crimes Enforcement…