Archive | Business Law RSS feed for this section

Should I Pay My Property Tax Bill If I Filed For Appeal?

March 23, 2012

0 Comments

Yes, you should pay it because it never coincides with the year’s final payment which we are appealing. When we appeal property taxes, it is always for the year prior.For example, the due date for the Tax Year 2011 First Installment in Cook County, Illinois, was Thursday, March 1, 2012. If we reduce your property taxes, the [...]

Continue reading...

Do You Owe City of Chicago? If Yes, Your State Income Tax Refund May Be Seized

March 12, 2012

0 Comments

City Counsel voted to seize state income tax refunds to cover debt owed to the City of Chicago.  If you owe on red light tickets, parking tickets, city code violations and the like, and the City gave you an opportunity to contest such fines, and subsequently, the fine became adjudicated (final), they may tap into your tax refund [...]

Continue reading...

No Foreclosure For Veterans, At Least Not For Some Time…

August 21, 2010

0 Comments

No Foreclosure For Veterans, At Least Not For Some Time…

If it is determined that a veteran was deployed to a combat or combat support posting within the previous 12 months, that veteran has the right to request a 90-day stay in foreclosure proceedings. The court is required to grant this stay, and it is in addition to any other rights the veteran may have. Public Act 96-0901, effective January 1, 2011.

Continue reading...

No Unemployment For Non-For-Profits Employees

August 21, 2010

0 Comments

No Unemployment For Non-For-Profits Employees

Illinois Public Act 96-0970 requires smaller not-for-profit corporations to provide written notice to their employees and board members that their employees may not receive unemployment insurance benefits. It applies to NFPs that do not have more than 4 employees within each of 20 or more calendar weeks. Effective January, 2011.

Continue reading...