G & G Law, LLC

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Today, July 1st 2020, Chicago’s minimum wage goes up. The increase marks the second stage of a plan to incrementally reach $15.00/hour by 2021. The BACP published full rules on their website; here are the essential details: What is the Minimum Wage in Chicago? The minimum wage used to be $13.00 across the board. The rules taking effect today (July 1st, 2020) introduce a little more nuance. The minimum wage now depends on the…
Freelancers work at the mercy of the market. If you’re freelancing during COVID-19, the see-sawing economy may make you want to shelve your business for a while. But this may actually be the ideal time to officially form an LLC for your freelancing business. Seems crazy, right? But official registration confers many benefits, we think that by the end of this post you’ll agree. Here are the top five reasons why freelancers should form an
“Social equity” status was a trademark of Illinois’s cannabis legalization legislation. It aims to give a leg up to license applicants from overpoliced, underinvested, and primarily minority neighborhoods. However, despite the promise of fairness, they must wait a while longer. Cannabis Licenses for New Businesses Delayed The state postponed the issuance of 75 new dispensary licenses for recreational adult use of cannabis until mid-July, more than two months past the target date of May 1st.…
Last updated June 9th, 2020   Another day, another round of revisions to the PPP. On June 5, 2020, the President signed the Paycheck Protection Program Flexibility Act (“the Act”), a set of changes to the current rules for the paycheck protection program. Three days later, the SBA administrator and US Treasury Secretary issued a statement “clarifying” the rules in the Act. The news is mostly good, but don’t get too excited just yet –…
Yesterday, I attended a Meet Up of a group of small business owners on Belmont Ave. There are already a lot of great businesses there, and they are working hard to make Belmont Ave. even more of a destination. It is a great place to go, especially if you are working on keeping all of your health and wellness New  Year’s resolutions. From an awesome pilates The post Belmont Now – A Great Group of
I recently had an epiphany about PPP loan forgiveness, thanks to a wise G & G Law attorney, Rebecca Lyon. For weeks, she was gently explaining to me that I didn’t need to stress about loan forgiveness quite so much. Global Pandemic Brain (anyone else experiencing this?) combined with cobbler’s children syndrome prevented me from understanding how the PPP terms applied to my own business’s loan.   Here’s my revelation: Forgiveness is not all-or-nothing. Partial…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received…