Starting today, virtually all employers—regardless of whether they provide employee health coverage—must provide employees with notice of the availability of the newly opened health insurance exchanges, as established by the Affordable Care Act (ACA). Federal regulations require the notice to provide information on the following three items: The existence of the exchanges, including a description…
On Thursday, March 21, 2013, the Small Business Advocacy Council presented the panel: “Tax Strategies for Your Small Business.†David Lynam, along with Michael Stuart of the Stuart Legacy Alliance and Mike Manning of Fusion Accounting and Technology, educated attendees about tax planning for small businesses. Focusing the American Taxpayer Relief Act of 2012, Lynam…
David Lynam, of Lynam & Associates, presented “LEEDing with Caution and Mitigating Green Liability†to an audience of engaged and receptive engineering design professionals at the American Society of Plumbing Engineers’ 2012 Convention & Exposition on Wednesday, October 31 in Charlotte, NC. As the market increasingly incentivizes and demands sustainable buildings, the law has lagged…
Our longstanding client, Citizens for Conservation (Citizens), a leading Northern Illinois land conservation group, has moved to acquire and preserve ecologically important land in Lake County, Illinois. Facilitated by our office, the acquisition concluded a seven-year initiative to provide an ecological buffer of wetlands surrounding local Flint Creek, a tributary of the Fox River. Developers…
The current federal gift tax exemption allows individual taxpayers to transfer up to $5.12 million in assets out of their estate tax-free; married couples filing jointly can transfer over $10 million. These exemption amounts, however, are set to expire after December 31, 2012, and unless Congress takes action, the individual exemption will drop to $1…
FOR IMMEDIATE RELEASE DATE:June 20, 2012 (Chicago, IL) The Entrepreneur Group of Union League Club of Chicago, a member panel of professionals, successful business owners and executives, co-chaired by Todd Hext, of Eclipse Telecom, and David Lynam, of Lynam & Associates, provides support and guidance to Chicago entrepreneurs from start-up to growth stage and beyond. On Monday,…
Lynam & Associates is pleased to announce the publication of  “Copyright Management Murk: Murphy v. Millennium Radio Group and the Encroachment of the Digital Millennium Copyright Act into the Analog Realm,” authored by Kyle Dickinson, of Lynam & Associates. COPYRIGHT MANAGEMENT MURK: MURPHY V. MILLENNIUM RADIO GROUP AND THE ENCROACHMENT OF THE DIGITAL MILLENNIUM COPYRIGHT ACT INTO THE…
Lynam & Associates is pleased to announce the publication of Part II of “Social Media: The Rules of the Online Game.” Â This article concludes our two-part series addressing the proliferation of online social media, and provides guidance to employees concerning their online conduct. Â Part I can be read here. From The General Counsel’s Desk SOCIAL…
David recently gave a presentation to Chicago business owners on the basics of intellectual property, at ServCorp’s Chicago Business Shorts meeting. We have highlighted the important points of the presentation that every business owner should know about intellectual property. Part I: Difference Between Patents, Copyrights, and Trademarks A. Patents: A patent is an official document…
You may need to soon find space for another poster in your employee break room, bulletin board or internal website. By April 30th of this year, the National Labor Relations Board is set to require almost all employers to have a new poster displayed enumerating organizing rights for its employees. We first reported on this…