Latest from G & G Law Blog

What are the new laws in Illinois for 2024?
New year, new laws! In our 2024 annual legislative digest for Illinois’ small business community, we highlight five new laws that take effect this year and one existing law getting an

A bunch of legal updates take effect for small businesses in 2023.

  • One new law expands the definition of “racial discrimination” to include hair.
  • One new law increases the minimum wage.
  • One new law increases workers’ rights to take leave.

  • On July 1st, two of Chicago’s municipal ordinances will see scheduled updates.
  • The city’s minimum wage will increase.
  • Certain employers will have to post schedules two weeks in advance.

July 1st Employment Law Updates
July 1st will bring a couple

S-Corp taxes recently changed in Illinois. The state legislature recently passed SB 2351, a corporate tax reform law, that has significant ramifications for S-Corporations (“S-Corps”). Before diving into the law and why it matters, we should cover some background information.

In 2022, several new laws went into effect in Illinois that could impact your business. In this blog post, we will dive into each of those new laws and how they may affect you, although this is not an exhaustive