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Greensfelder, Hemker & Gale, P.C. logo
Our law firm of more than 150 attorneys focuses on comprehensively addressing the legal needs of individuals, businesses and organizations, whether…
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Greensfelder, Hemker & Gale, P.C. | USA | 15 Oct 2021

Projected Increases in 2022 for the Gift Tax Annual Exclusion Amount and Lifetime Exemption

Wolters Kluwer has released projected 2022 figures for the gift tax annual exclusion amount as well as the estate and gift tax lifetime exemption…
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Greensfelder, Hemker & Gale, P.C. | USA | 8 Oct 2021

New Wellness Program Guidance Issued for COVID-19 Vaccine Premium Surcharges

As the number of people receiving a COVID-19 vaccine has decreased, employers have tried to find ways to incentivize their employees to get…
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Greensfelder, Hemker & Gale, P.C. | USA | 30 Sep 2021

Budget Committee Report Brings Estate and Tax Planning Clarification and Consternation

On September 28, 2021, the House Budget Committee released a report that provides explanations with respect to certain provisions included in the…
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Greensfelder, Hemker & Gale, P.C. | USA | 29 Sep 2021

IRS releases AFRs for October 2021

The Internal Revenue Service has released the Applicable Federal Rates (AFRs) for October 2021. AFRs are published monthly and represent the minimum…
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Greensfelder, Hemker & Gale, P.C. | USA | 24 Sep 2021

Illinois Employers: Are Your Non-Competes in Order?

In August 2021, Illinois Gov. J.B. Pritzker signed into law amendments to the Illinois Freedom to Work Act that will dramatically change the use of…
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Greensfelder, Hemker & Gale, P.C. | USA | 15 Sep 2021

House Ways and Means Committee Proposal Brings Big Changes for Estate Planning

On Monday, September 13, 2021, the House Ways and Means Committee released the text for proposed tax changes to be incorporated in a budget…
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Greensfelder, Hemker & Gale, P.C. | USA | 30 Aug 2021

IRS announces AFRs for September 2021

The Internal Revenue Service has released the Applicable Federal Rates (AFRs) for September 2021. AFRs are published monthly and represent the…
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Greensfelder, Hemker & Gale, P.C. | USA | 13 Aug 2021

Diversity in the Innovative Space

The Global Innovation Index has opined that the United States of America is one of the most innovative countries in the world…
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Greensfelder, Hemker & Gale, P.C. | USA | 4 Aug 2021

Viewing a Retirement Plan Rollover Case Through the Prism of Regulation Best Interest

As set forth in FINRA Regulatory Notice 13-45, FINRA’s Rule 2111 suitability standard generally applies to recommendations to rollover assets from an…
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Greensfelder, Hemker & Gale, P.C. | USA | 30 Jul 2021

Chicago Adds Bases for Leave Under Paid Sick Leave Ordinance and Enacts New Penalties for Wage Theft

The Chicago City Council recently passed Ordinance No. 02021-2182 (the Ordinance), which, among other things, expands the permissible bases to take…
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