CTA – Federal Reporting Requirements for Small Business The paper work for many small businesses will be increasing. Many small businesses with 20 or fewer employees and $5 million or less in gross receipts or sales will be subject to new federal reporting requirements under the Corporate Transparency Act (“CTA”),…
Are virtual business transactions the new reality? Once consummated in title company conference rooms amid seemingly bottomless stacks of paper, real estate transactions—like seemingly every other aspect of our lives—have gone virtual during the pandemic. While some home buyers opt to continue in-person closings where possible, others are either giving…
State Requires Sexual Harassment Prevention Training If you’re a small business owner and you haven’t trained your employees on sexual harassment prevention, you have until December 31 to stay in compliance with Public Act 101-0221, which amended the Illinois Human Rights Act to require such training this year and every…