Author: Rock Fusco Connelly LLC
UPDATE: Employee Benefits – Families First Coronavirus Response Act
UPDATE: Employee Benefits – Families First Coronavirus Response Act The March 20, 2020 edition of the Legal Notebook contained an article advising our clients of the Families First Coronavirus Response Act and the Medical Leave Expansion Act. Thereafter, the Department of Labor released FAQs in order to clarify common uncertainties. For justification, please see updates
Business Interruption and Civil Authority Insurance
Client Alert: Business Interruption and Civil Authority Insurance Provisions in the Wake of COVID-19 Following the restrictions imposed limiting crowd sizes and shuttering companies’ operations across seemingly every industry, business owners are turning to their insurance coverage policies for guidance in navigating these difficult and uncertain times. One possible aid to business owners facing new
Federal Tax Guidelines – Filing Date Pushed Back
Federal Tax Guidelines – Filing Date Pushed Back As a result of the COVID-19 pandemic, the Internal Revenue Service (“IRS”) has postponed the April 15, 2020 federal income tax filing deadline. July 15, 2020 is the new deadline for both income tax filings and income tax payments to the IRS. What does this mean for
Illinois’ “Stay at Home” Order & Construction Work
Illinois’ “Stay at Home” Order & Construction Work On March 20, 2020, Gov. J.B. Pritzker issued an executive “Stay at Home” Order, requiring Illinois residents to stay in their homes to prevent the spread of COVID-19. Residents are encouraged to only leave their homes to meet their basic needs like making trips to the grocery
Cook County Assessor’s Office Suspends Assessment Notice Mailings and Deadlines
Cook County Assessor’s Office Suspends Assessment Notice Mailings and Deadlines On March 19th the Cook County Assessor’s Office announced that it has suspended assessment notice mailings and appeal deadlines. The suspension will remain in place until further notice while the Assessor’s Office remains closed to the public. Although assessment notice mailings and their corresponding deadlines
Financial Assistance Available for Illinois’ Small Businesses
UPDATE: Financial Assistance Available for Illinois’ Small Businesses On March 19, 2020 the Small Business Administration (“SBA”) approved Governor Pritzker’s application for an economic injury declaration due to COVID-19. As a result, Illinois has been added to the list of Presidential and SBA Agency Declared Disaster States. Now small business in Illinois, affected by COVID-19,
Employee Expense Reimbursement and Remote Working Policies
With COVID-19 forcing many business owners to implement remote working polices, it is important for employers to be aware of their liability for employee expenses while their employees work from home. In short, employers are responsible for reimbursing employees for all expenses directly incurred by the employee while performing services for the employer. In 2018,
Force Majeure and COVID-19
Force Majeure and COVID-19 With governments around the world imposing travel bans and quarantines in an attempt to slow the spread of COVID-19 pandemic the ability of parties to perform in accordance with the terms of a contract, and the liability that may result from the inability to perform under the terms of a contract
Recent Amendment to Illinois Cannabis Act Helps to Provide Clarification to Employers
When the Illinois legislature enacted legislation to legalize recreational marijuana effective January 1, 2020, employers were left with uncertainty as to how they could create and enforce reasonable zero tolerance or drug free workplace policies. The dilemma was that the Illinois Right to Privacy in the Workplace Act prevented employers from discriminating against employees for
Planning For Rental Real Estate After Tax Reform
When the tax reform was enacted in 2017, there were more questions than answers about how the new law would apply to rental real estate. Over the past 20 months, the IRS has issued thousands of pages of notices and regulations and we now have a much clearer picture of how the new rules will