Resources
Stay in the know of company and industry updates, accomplishments and more!
Year-End Planning with Tax Law Changes on Horizon
Question: With the 2020 calendar year coming to a close, can you provide some suggestions for tax planning moves to make before year-end?
Home Office Deductions During Covid
Question: I have been working from home since the onset of Covid in March of 2020. Am I entitled to an income tax deduction for the business use of my home office?
Toying with Rep Over Post-Termination Commissions Ends in ‘Game Over’ for Opportunistic Principal
Tech 4 Kids Inc. makes toys but was unable to play to U.S. retailers.
So T4K reached an oral agreement with Northern Group Inc., an independent sales representative with offices in the Midwest, to promote its toy products.
Trial in the Time of Covid
Fresh off a four-week bench trial with my partner, Norm Finkel – conducted entirely on Zoom – I want to share some of my impressions that will hopefully help inform clients’ decisions as we navigate our way through this new COVID-era legal environment.
Deferring Payroll Taxes on Earned Income
Question: I own and operate a small business. Is it true that the new tax law enables me to defer all of the payroll taxes incurred on the wages I pay to my employees?
SFBBG Scores Victory in Seventh Circuit Appeal
SFBBG attorneys Richard M. Goldwasser and Matthew P. Tyrrell scored a decisive victory in the U.S. Court of Appeals for the Seventh Circuit when the Court affirmed a six-figure judgment entered in the Northern District of Illinois in favor of firm client, Beauty Enterprises, Inc., a leading distributor of beauty products.
Chicago Law Firm Doesn’t Let Pandemic Slow It Down
During a time when many law firms fled downtown, switching entirely to remote operations, and otherwise socially distancing from their former Loop practices, one Chicago law firm kept its foot on the gas and reached certain pre-pandemic goals set in late 2019.
Small Business Bankruptcies: Subchapter V isn’t Just for the Smallest Businesses
The CARES ACT Expands Eligibility For Subchapter V Providing More Businesses a Viable Option to Reorganize.
Earlier this year, the Small Business Reorganization Act of 2019, which created the new Subchapter V of the Bankruptcy Code (11 U.S.C. §§ 1181-1195 “Subchapter V”), went into to effect.
Hell Hath No Fury Like a Principal Scorned
In the lengthy annals of sales rep-principal relationships ending badly, the shabby treatment Eliot Essagof received from his principal deserves exceedingly prominent mention.
Repaying 2020 Required Minimum Distributions
Question: I took my required distribution from my IRA early in 2020. Now that the new tax law suspended the required distribution rules for 2020, is it too late for me to undo what I did?