Beneficial Ownership Information Filing Update

On Thursday, the Supreme Court issued a stay on the nationwide injunction that banned enforcement of beneficial ownership information (BOI) filings with FinCEN. As you may know, there is also a second court case that has a nationwide injunction against requiring BOI...
Corporate Transparency Filing Act Deadline Update

Corporate Transparency Filing Act Deadline Update

PLEASE NOTE: Beneficial ownership filing requirements related to the Corporate Transparency Act are the subject of multiple court cases We are continuing to monitor this fluid situation. See our most recent post for details. A court ruling on Monday has reinstated the...
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...