Be Careful Out There, Chicago Employers: New City Ordinance Prevents Retaliation Against Employees Who Obey COVID-19 Governmental Orders

Recently, the Chicago City Council approved for immediate implementation a new ordinance prohibiting employers from taking adverse action against an employee obeying orders related to COVID-19 issued by the Mayor of Chicago, Governor of Illinois or Chicago Department of Public Health. The ordinance also encompasses employees staying at home to minimize transmission or while experiencing […]

Kara MacielFounding Partner, Conn Maciel Carey

Who is a “U.S. Person?” Are there any limits to American Jurisdiction Under the International Emergency Economic Powers Act?

A special contribution from Dennis Boyle* Sanctions are a powerful tool in the United States’ foreign policy arsenal. Under the International Emergency Economic Powers Act (IEEPA),1 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), armed with only an executive order, has the power to designate individuals, corporations, organizations or even countries […]

Dennis E. BoylePartner, Boyle and Jasari

Last-Minute Strategies for Businesses that Deferred Filing Tax Returns

During the COVID-19 crisis, some key tax deadlines were postponed until July 15, 2020. If your business and/or personal federal income tax return is still awaiting completion, you may have significant retroactive tax-planning flexibility. The same holds true for individuals who own interests in pass-through business entities and haven’t yet filed their personal tax returns. Here’s […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Keep an Eye on Employee Texting, Blogging, Twittering and More

Employers naturally want to provide employees with the tools that enable them to do their jobs more quickly and efficiently. But there are growing concerns in the business community about employees who use technology in ways that can harm their employers. During the work day and after hours, your staff members undoubtedly use cell phones and other […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Establishing and Maintaining Effective Internal Controls

Your company needs an effective internal control environment to prevent losses from mismanagement, theft, fraud, corruption, and embezzlement. Establishing a good atmosphere starts at the top by making sure the leaders of your organization demonstrate integrity through their actions, follow ethical business practices, manage proactively, and pay attention to details. Full Article

William H. ShawnCo-Managing Partner, ShawnCoulson

Tax Tips for Individuals Who Haven’t Filed a Return for 2019

As part of the federal government’s tax relief measures during the COVID-19 pandemic, the IRS extended key deadlines for the 2019 tax year and for making 2020 estimated tax payments until July 15, 2020. If your 2019 personal return is still awaiting completion, you may have significant retroactive tax-planning flexibility. Postponed Due Dates The IRS […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Consider Another Way to Calculate Overtime Pay

After decades in limbo, regulations that clarify certain overtime pay practices have been released by the U.S. Department of Labor (DOL). The newly finalized rules explain how to calculate overtime pay for nonexempt salaried employees using the “fluctuating workweek” (FWW) method. Use of this method to calculate overtime pay currently affects only around 700,000 employees. […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Berliner, Corcoran & Rowe, LLP joins IR as the exclusive Commercial Litigation Member in Washington DC

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dennis E. Boyle of Berliner, Corcoran & Rowe, LLP. Dennis has joined IR as our exclusive Commercial Litigation Member in Washington DC. Berliner, Corcoran & Rowe, LLP is a boutique law firm focused on international law, export controls and sanctions, litigation, government […]

Dennis E. BoylePartner, Boyle and Jasari

How to Plan for a PPP Audit

The Small Business Administrator Jovita Carranza and U.S. Treasury Secretary Steven Mnuchin recently announced that recipients of Paycheck Protection Program (PPP) loans of $2 million or more should expect an audit if they apply for loan forgiveness. Here are some tips to position your small business or not-for-profit organization to receive the maximum allowable forgiveness, as well […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Exclusive Dealing Policies Can Face Scrutiny

Exclusive dealing policies are not necessarily illegal under federal antitrust laws, but as one case illustrates, companies face pitfalls when using such agreements to squeeze out competitors. In early 2005, the 3rd U.S. Circuit Court of Appeals ruled that Dentsply International violated federal antitrust law by requiring its dealers to comply with an exclusivity policy. The […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Family Business Tax-Saving Moves in the COVID-19 Era

Many family businesses have been adversely affected by the novel coronavirus (COVID-19) pandemic. But there’s a silver lining: Proactive tax planning can help your family business take advantage of potential opportunities in the COVID-19 era. Here are some tax-smart ideas to consider. Hire Your Kids This tax-saving strategy is most beneficial when your family business […]

William H. ShawnCo-Managing Partner, ShawnCoulson