News

Federal and State Tax Update

With the new administration and Congress having recently taken office, we are now in the calm before the storm for news on new tax legislation, but  there have been several federal and state tax developments of note: The federal exemption for estate taxes has increased to $5,490,000 from its previous level of $5,450,000. Illinois’ estate […]

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New Illinois Employment Legislation

Several new laws affecting Illinois employers and giving new rights to employees have taken effect with the new year. The new laws include a prohibition on restrictive covenants for low-wage employees, and requiring the paid sick leave, if offered by the employer, be usable by an employee caring for sick family members. Prohibition on Restrictive […]

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Illinois Legislation Update

The Illinois General Assembly has passed a number of bills of significance that have been signed by Governor Rauner. Those bills include: Personal Information Protection Act Amendments: The Personal Information Protection Act has been amended to include online account information such as user names and passwords. Already protected were medical and health information and biometric […]

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