Blog Posts in 2016

• Posted By Rifkind Patrick LLC 23-Dec-2016

  Tax Advantages of an LLC

  As tax season approaches, naturally our firm receives more calls from business owners with tax questions, however, tax questions come year-round. All yearlong entrepreneurs ask, “How should I form my small business?” After all, the format ...

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• Posted By Rifkind Patrick LLC 12-Dec-2016

  Common HOA Lawsuits

  Homeowner associations (HOAs) can be great, especially since homeowners have less to think about. When someone buys a condo or townhome with an HOA, they don’t have to worry about caring for their lawn, keeping the gym equipment maintained, or ...

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• Posted By Rifkind Patrick LLC 23-Nov-2016

  Why Avoid Business Litigation?

  When you are running a successful business, you are in the public eye. While you can control how you handle your vendors and customers, you cannot control the actions of outside influences. At some point, someone will probably try to sue your ...

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• Posted By Rifkind Patrick LLC 14-Nov-2016

  Tax Advantages of Hiring Veterans

  Each year in November, the nation celebrates all the brave men and women who served our great country – living and dead – on Veterans Day. We wanted to take a moment to not only thank our veterans for defending our freedom and for making ...

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• Posted By Rifkind Patrick LLC 27-Oct-2016

  Know the Law Before Cutting Benefits or Employees

  It is no secret that a large percentage of businesses will face uncertain financial circumstances at some time. Business owners may reach the point where they must make hard decisions, such as benefit reductions and layoffs. If your business is ...

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• Posted By Rifkind Patrick LLC 12-Oct-2016

  Insurance Requirements for Chicago Employers

  Once you decide to start a business, you have to think about the types of insurance you are legally required to have for your new company. Generally, a business with employees is required by law to carry various types of insurance, such as ...

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• Posted By Rifkind Patrick LLC 27-Sep-2016

  Privacy: Major Concern for Businesses

  In recent years, there have been massive, widely-publicized data breaches, as well as many less-publicized cybersecurity occurrences that have affected American businesses large and small. Today, privacy is something that all companies need to be ...

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• Posted By Rifkind Patrick LLC 8-Sep-2016

  Tips for Avoiding Business Litigation

  If you are a new business owner, you may have heard that it’s only a matter of time before you face litigation in some shape or form. While litigation can seem unavoidable to small and large businesses alike, there are certainly things that you ...

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• Posted By Rifkind Patrick LLC 25-Aug-2016

  Workers' Compensation Laws in Illinois

  Before we had workers’ compensation laws, injured workers would have to file lawsuits against their employers. Doing this meant proving the employer’s negligence, which was a long and arduous process. After the Industrial Revolution, ...

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• Posted By Rifkind Patrick LLC 10-Aug-2016

  About Business Dissolution

  Are you considering dissolving your company? Shutting down operations goes beyond shutting the doors and disconnecting your phone lines. While these will play small roles in the process of ceasing operations, there will be many more steps involved. ...

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• Posted By Rifkind Patrick LLC 25-Jul-2016

  Business: Handling Legal Concerns

  Whether you are starting or buying a business or franchise, you will need a crash course on the legal concerns involving your company, of which there will be many. As an entrepreneur, it makes “good business sense” for you to familiarize ...

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• Posted By Rifkind Patrick LLC 11-Jul-2016

  Causes of Construction Litigation

  Considering the complexity of a construction project and the number of individuals involved, it is no wonder why construction litigation is common in our litigious society. Legal claims and litigation are frequently associated with construction, but ...

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• Posted By Rifkind Patrick LLC 21-Jun-2016

  Business Owners: What is Your Exit Strategy?

  If you built a successful business, or if you purchased an existing business and it continued to grow, you, the business owner, are probably thrilled with the fact that your business is viable and has achieved measured growth since it was ...

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• Posted By Rifkind Patrick LLC 8-Jun-2016

  When Landlords Want to Evict

  What can a landlord do if their tenant has fallen behind on rent, or has violated one or more terms of his or her lease? For starters, we recommend that landlords speak to the tenant and try to come to an agreement. If back rent is the issue, perhaps ...

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• Posted By Rifkind Patrick LLC 24-May-2016

  3 Types of Partnership

  There are many reasons to go into a partnership. Each business partner brings his or her unique strengths to the table, and this can be invaluable. If you are looking for someone other than a family member or spouse, you may be looking for a trusted, ...

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