Beneficial Ownership Information Filing Update

Beneficial Ownership Information Filing Update

March 4 Update: The U.S. Department of the Treasury has announced it will not enforce penalties, fines or deadlines related to the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements. The Treasury Department will propose an...
Beneficial Ownership Information Filing Update

Corporate Transparency Filing Act Deadline Update

March 4 Update: The U.S. Department of the Treasury has announced it will not enforce penalties, fines or deadlines related to the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements. The Treasury Department will propose an...
New Overtime Rule Set Aside

New Overtime Rule Set Aside

A Texas court has vacated the new overtime rule that was set to take effect January 1, 2025. The ruling applies nationwide and strikes down the new limit, as well as the July 1, 2024 change. Overtime salary thresholds remain at 2020 levels of $684 per week or $35,568...