Key Updates to the Federal Corporate Transparency Act August 15, 2024 On January 1, 2024, the Federal Corporate Transparency Act (CTA) went into effect. This law affects mostly small businesses by...
Overly Detailed Board of Directors Minutes: A Legal Liability? July 25, 2024 Here’s a hypothetical scenario for you. The board of directors of a well-respected nonprofit organization was sued by a disgruntled...
Bylaws: A Governance Document; Not Your Operations Manual June 25, 2024 Bylaws serve as an organization's governing roadmap, outlining the rules and procedures that guide operations and strategic focus. Well-crafted bylaws...
Edward R McMurray to Serve as Faculty Member at Institute for Organization Management May 16, 2024 A Leadership Training Program Produced by the U.S. Chamber of Commerce WASHINGTON, D.C.— Institute for Organization Management, the professional development program...
How a Recent Court Settlement is Reshaping the Real Estate Market April 16, 2024 A recent court settlement between the National Association of Realtors (NAR) and groups of homeowners across the U.S. has upended...
How to Navigate the New Illinois Freelance Worker Protection Act (FWPA) March 29, 2024 The recently enacted Illinois Freelance Worker Protection Act (FWPA) goes into effect on July 1, 2024. It requires non-governmental persons...
Why Proper Documentation is Vital for Nonprofit Corporate Sponsorships February 27, 2024 Corporate sponsorships and underwriting have become key strategies for many nonprofits and associations nationally. These types of non-dues revenue can...
Illinois Courts Deny Insurance Coverage for Pandemic Related Business Losses January 29, 2024 Several appellate courts in Illinois have further narrowed the path for businesses seeking insurance coverage for COVID-19 related losses. These...
The Opportunity of Office to Medical Space Conversions November 20, 2023 Traditional office spaces, once bustling hubs of professional life, now echo with emptiness. In the wake of the global pandemic,...
Approaching Deadline for the Illinois Secure Choice Retirement Savings Program (“SCRSP”) October 24, 2023 The Illinois Secure Choice Retirement Savings Program (“SCRSP”) is a state-facilitated retirement savings instrument for private sector workers in Illinois...
