by Sandra Mertens | Aug 12, 2024 | GCK on Law
Most employers are familiar with the IRS’s allowance of deductions for certain fringe benefits given to employees, such as meals consumed at the workplace or public transit passes. One fringe benefit that is often overlooked but can benefit both employer and employee...
by Matthew Gensburg | Apr 25, 2024 | GCK on Law
Section 547(c)(4) of the Bankruptcy Code provides as follows: The trustee may not avoid under this section a transfer – to or for the benefit of a creditor, to the extent that, after such transfer, such creditor gave new value to or for the benefit of the debtor...
by Sandra Mertens | Apr 11, 2024 | GCK on Law
Over the past few years, virtually all U.S. residents have received one, or more likely numerous, robocalls containing a pre-recorded message about a “National Tax Relief Program.” If the recipient stayed on the line, the robocaller asked if the recipient had a tax...
by Sandra Mertens | Feb 1, 2024 | GCK on Law
Millions of U.S. businesses and individuals took advantage of the government’s various forms of relief during the Covid-19 pandemic. Now, years later, the IRS has begun denying thousands of claims for relief, including under the Employee Retention Credit (“ERC”)...
by Sandra Mertens | Oct 17, 2023 | GCK on Law
What is Generative AI? The term “Generative AI” refers to a program that allows users to create unique “output” using text prompts, including written output (e.g., letters, emails, essays, briefs, analyses, poems), images such as photographs or drawings, power point...
by Sandra Mertens | Sep 14, 2023 | GCK on Law
On July 23, 2021, Governor Pritzker signed Public Act 102-0160, amending the Illinois Notary Public Act. Subsequently, on June 5, 2023, the Illinois Secretary of State’s Office (IL SOS) adopted administrative rules to implement Public Act 102-0160 and provide...
