Naperville Business Attorney Discusses Finding the Right Business Partner

Whether you are looking to start a new business venture or are considering a long-term deal that could affect your company for years, it is vitally important to choose your business partners carefully. Such decisions are especially critical if you are creating a partnership in the early stages of your business. In my practice, I […]

A Solid Partnership Agreement Can Prevent Disputes

Going into business with a partner can be fun, exhilarating, and very profitable. However, going into business with a partner unprepared can be stressful, contentious, and financially devastating. Like many of my clients who have considered establishing a partnership, you may have questions about how to avoid partnership disputes and give your company the best […]

Small Business Attorney Examines the Illinois Religious Freedom Restoration Act

The recent passage of the controversial Religious Freedom Restoration Act in Indiana has dominated headlines across the country, igniting fierce debate and harsh words from across the political spectrum. Many of my clients have been wondering if Illinois has passed or would consider passing similar legislation and how such a law would affect their rights […]

Resume Red Flags and Green Flags for Choosing the Right Employee

A well-crafted resume offers an employer a glimpse into the professional life of a potential new hire. A small business is only as good as the individuals it employs, and all small business owners must be careful to choose the right new employee. Our small business law attorneys at the The Gierach Law Firm have […]

Same-Sex Marriage Raises Questions for Illinois Businesses

Illinois businesses involved in the wedding industry may find themselves facing a dilemma as same-sex couples begin to legally marry in 2014. The legislation, which was signed into law in 2013, may require some business owners to violate their personal beliefs in order to stay within the law. According to the Quad-City Times court battles […]

Starbuck Loses Trademark Lawsuit

In a legal case of David and Goliath, a small NH coffee shop has prevailed over a trademark infringement lawsuit filed against them by corporate giant Starbucks. Jim and Annie Clark own and operate the Black Bear Micro Roastery, located in Tuftonboro, NH. One of the coffee blends offered to their customers is called “Charbucks.” […]

The Debate Over LLC Filing Fees in Illinois

Within Illinois, limited liability corporations (“LLCs”) are a business structure used by many small business owners and entrepreneurs. The Illinois Secretary of State reported that in 2012 over 29,000 businesses in the state filed under LLC status, which was 2,000 more than the previous year. LLCs allow businesses to avoid corporate taxes, while also shielding personal […]

The Confusion Regarding Corporate Tax Payments in Illinois

At the end of January, Illinois Speaker of the House Michael Madigan submitted a proposal aimed at cutting the corporate income tax in half. This move has been viewed somewhat pessimistically because three years before, Madigan was responsible for substantially increasing the income tax rate for Illinois companies. However, over the past year, Madigan has […]

Illinois Policies Make it Difficult for Small Business Owners to Thrive

Illinois is undoubtedly home to some of the nation’s most well-known corporations. Home to Boeing, Exelon, Johnson & Johnson, and Sara Lee, Illinois has many companies operating within its borders. These large corporations are subject to some of the country’s highest corporate tax rates. Lucky for them, large corporations can pay their way out of […]

Navigating Obamacare and the IRS Common Control Law

Starting in 2014, the United States’ healthcare system will undergo a transformation unlike anything that has occurred in this nation’s history. Small businesses throughout the country will have to come to terms with the Affordable Care Act requirement that they provide adequate healthcare to virtually all employees. One unique issue that small business owners must […]