Celebrate Law Day

President Dwight D. Eisenhower declared May 1st to be Law Day during his presidency on February 5, 1958, and it was made official by Act of Congress on April 7, 1961. In the President’s Declaration, he declared, “In a very real sense, the world no longer has a choice between force and law.  If civilization is…

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New Employee Reporting Requirement

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~  Employers need to beware of the new requirement of the Illinois Employee Classification Act to file a report to the State Department of Labor for every independent contractor that is not incorporated or organized as an LLC. By January 31, 2015, contractors and subcontractors in the construction industry must file a report to the State…

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Estate Planning Trend (or the Lack Thereof)

The sign is a clue to what a recent article in the Trusts & Estate section of WealthManagement.com identifies as a trend away from estate planning and, therefore, toward more probating of estates. (The Shift from Estate Planning to Estate Probating)  In other words, the author believes the national trend indicates a penchant for putting off doing estate planning. The…

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