Resources
Stay in the know of company and industry updates, accomplishments and more!
COVID-19 Response Plan
To our valued clients, colleagues and friends: At Schoenberg Finkel Newman & Rosenberg, we take our obligation to ensure a healthy and safe...
Employee Retention Credit: What Business Owners Need to Know / 2022 Cook County Property Assessments Arrive as Prior-Year Process Continues (Fall 2022)
Contributors: Jordan Melvin, Danielle Pearlman, Jason Newton
Classifying Service Providers as Employees or Independent Contractors
Question: One of my employees is leaving the company but will continue to render services for our business. Is there a problem if I treat the worker as an independent contractor?
Planning Your Estate Is Important This Week and All Year Round
Welcome to National Estate Planning Awareness Week! It arrives when studies show that nearly 67% of adults lack an up-to-date estate plan. At SFBBG, we are committed to addressing this dire situation.
THE EMPLOYMENT SPOTLIGHT: Hiring, Firing, and Everything in Between
Welcome to Q4 2022! We are wishing all of our SFBBG clients and friends a strong and successful close out to the year. As we look to the start of 2023, we would like to highlight a few significant new laws that take effect in Illinois effective January 1.
Danielle Pearlman Presents at JUF Event
SFBBG real estate tax reduction attorney, Danielle L. Pearlman, presented at JUF Professionals Network Nightcaps & Noshes on September 14th at the Bryn Mawr Country Club in Lincolnwood.
Tax Strategies with Incentives Stock Option Plans
Question: I hold incentive stock options which I received from my employer. Since the stock is trading above the option exercise price, should I exercise the options and acquire shares of employer stock or do a cashless exercise?
Avoiding the Tax Trap in Transferring Installment Sale Obligations
Question: I just sold stock in my corporation to a third party and received a cash payment upfront with the balance of the sale proceeds to be paid to me in the future. Since I do not need the additional funds, can I make a gift to my children of the right to the future payments?
SFBBG Prevails in Illinois Appellate Court
On August 9, 2022, SFBBG attorneys, Phil Zisook and Bill Klein, prevailed in an Illinois Appellate Court case where our clients were sued concerning a failed real estate transaction. The proposed transaction involved the transfer of three parcels of real estate consisting of a golf course in Michigan, a Chicago office building, and a River North condominium.
How the Courts Have Addressed the Pandemic’s Effect on Commercial Leases / Illinois Expands Statutory Unpaid Bereavement Leave (Summer 2022)
Contributors: Norm Finkel, Tedd Warden
‘Scorched Earth’ Tactics Burn Both the Manufacturer and Its Legal Counsel
“Effective sales reps are the lifeblood of this market.”
U.S. District Judge R. Brooks Jackson was describing how medical implants manufacturers deploy sales reps with not only the character traits to develop relationships with surgeons, but also the medical knowledge necessary to help the surgeons use their products in the operating room.