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One of the primary reasons for conducting business through a corporate entity is to protect the individuals owning and running the business from being personally liable for the debts of the entity. If done right, an investor in an Illinois corporation or Limited Liability Company – an “LLC” in ...
Let’s face it: it’s beginning to look like this “social media” thing might be here to stay. Facebook is celebrating its tenth anniversary in 2014 and, largely due to its immense popularity, other sites such as Twitter, LinkedIn, Instagram and many others have exploded in popularity in recent ...
In today’s economy, businesses of all sizes increasingly find themselves doing business across state lines. Given the state-by-state nature of business regulation, companies that intend to (or simply find themselves doing) business in a state other than their home state must determine if they need ...
When Steve Martin was getting started as a stand-up comic, one of his comedy bits involved his adventures visiting France and not speaking the language. After several hilarious examples of his attempting to communicate he famously said, “It’s like those French have a different word for ...
With apologies to godaddy.com, do you know who owns your business’ website and domain name? In this digital age, more and more of your business’ assets are of the digital variety. In addition to a website and domain name, your business probably has e-mail, Facebook, Twitter, and LinkedIn ...
Over 150 new laws went into effect in IL on January 1st, and there are some headline grabbers. Among them the new “sin” tax on live entertainment facilities to help fund sexual assault victim organizations, and “Caylee’s Law” (named after Caylee Anthony, whose mother Casey waited a month before ...