GCK On Law
Illinois and Chicago Tax and Financial Assistance
Since the first coronavirus case was announced in Illinois on January 24, 2020, Governor Pritzker and Mayor Lightfoot have taken a number of preventive measures in an effort to suppress the spread of the virus and ease the hardship on Illinois and Chicagoland...
Keeping You Informed – Help for Small Businesses
Gensburg Calandriello & Kanter, P.C. continues to be committed to providing you with updates on the evolving government legislation and programs enacted in response to COVID-19. Small and local businesses have been some of the hardest hit by COVID-19, bringing...
These Coronavirus Times: Governmental Tax Relief
The novel coronavirus, also known as COVID-19, has kept millions of people across the country in their homes, caused thousands to be laid off, and affected virtually every aspect of our lives. Each day, the government announces new endeavors to aid those affected by...
New SECURE Act Changes Retirement Account Rules; IRS Provides Some Relief
On December 20, 2019, Congress enacted the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement Act of 2019.” P.L. 116-94, Division O. The Act aims to expand and preserve retirement systems, simplify complex rules, and make retirement...
Adequate Assurance of Utilities under Bankruptcy Code Section 366
Section 366 of the Bankruptcy Code gives debtors and debtors-in-possession protection against post-petition disconnection of services through providing utility providers with an ‘adequate assurance’ of payment. Subject to other provisions of the Bankruptcy Code,...