Author Archives: Site Administrator
Should My Business Use a Payroll Company?
Outsourcing payroll duties to a payroll company is popular in the business world, but that does not necessarily mean it is the right move for your business. Deciding whether to use a payroll company is difficult without a thorough understanding of what will work for your company. If you are starting a business or… Read More »
Which Type of Business is Right for My Company?
Deciding on the structure of your business is vital for its success, but many new business owners have no idea where to start when deciding which type of structure is right for them. To make the best decision for your startup business, you should speak with a qualified business lawyer. What Type of Business… Read More »
Why Nonprofit Organizations Need to Understand Business Law
When people think about business law, they often consider it only useful for companies that need to protect themselves from stepping outside of the law. While this is often the case, any type of business or organization can benefit from an understanding of their rights and limitations under federal business regulations. In particular, business… Read More »
How to Limit Taxes with Estate Planning
Avoiding gift taxes, estate taxes and inheritance taxes can be important if you want to preserve as much of your estate as possible for beneficiaries. Some taxes receive assessment on both the state and federal level, making inheritance laws even more complicated. Despite the complexity of these laws, estate planning lawyers train themselves to… Read More »
How An Attorney Can Help Your Business Establish Credit
The use of credit is a critical aspect of running a modern business. Whether it is a loan for constructing new facilities or a line of credit for financing an acquisition, many companies rely on their credit to grow and expand their operations. Although business owners can apply for credit on their own, a… Read More »
Important Differences Between Hiring Contractors Versus Employees
Businesses often have a multitude of different staffing needs. Therefore, United States employment laws allow companies to employ two different classifications of workers: regular employees and independent contractors. Although the two forms of workers may perform similar kinds of labor, there are key differences between the two classifications. Important Differences Between Contractors and Employees… Read More »
Thinking About Hiring an Intern in Illinois?
Internships are a hot topic in business law at the moment. Recent lawsuits against Fox Searchlight Pictures, Condé Nast and Madison Square Garden have brought the role of unpaid internships into the national spotlight. The suits contain allegations of unpaid wages, poor work conditions and unfair treatment, causing businesses across the nation to reevaluate… Read More »
Illinois-Specific Labor Laws
Employees are the backbone of any business. Accordingly, business owners must diligently work to ensure that they comply with federal and state employment laws. While these regulations govern many different aspects of employer-employee relations, a central facet of the law focuses on the minimum amounts of compensation and “off-time” that employees must receive. Although… Read More »
Why Should I Hire a Business Lawyer?
As a business owner, you are no doubt used to handling any number of problems on your own. It is natural to wonder if hiring a Hoffman Estates business lawyer is really a necessary action to take when you are starting a business or making a big change within your company. When and Where… Read More »
How Do Salaried and Hourly Employees Differ?
Payment and compensation is one of the most fundamental aspects of business law and employment law. Even if you only have one employee, you must still make critical decisions regarding how much to pay them, how often and what benefits you will offer to them. There are strict federal and state laws that govern… Read More »