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Corporate Transparency Act Update: BOI Filing Requirements Halted (Again)

The enforcement of Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) has experienced several recent changes due to ongoing legal proceedings. Here’s an overview of the current situation: Re… Read More
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Overtime Rule Vacated– What It Means for Employers

Overtime Rule Vacated– What It Means for Employers The anticipated federal overtime rule set to take effect on January 1 has been officially vacated, marking a significant development with national implications. This decision means the new rule wil… Read More
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Recent Developments: FTC Rule Banning Noncompetes

A federal judge has struck down the Federal Trade Commission (FTC) rule banning noncompetes nationwide. This ruling has brought the situation back to the status quo, meaning that, for now, existing noncompete agreements remain enforceable and employe… Read More
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Avoid Major Penalties: Corporate Transparency Act Reporting Requirements

As we move further into 2024, it is critical to remember the ongoing requirements under the Corporate Transparency Act (CTA). This legislation mandates that nearly all U.S. companies must file a Beneficial Owner Information (BOI) report with the Fina… Read More
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Five best practices for t…

Five best practices for terminating employees

As a leader in your company, the time will come when you must let go of employees. Being prepared and organized throughout the process is essential, no matter the situation. Termination requires incredible clarity and objectivity for the person(s) de… Read More
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The Corporate Transparenc…

The Corporate Transparency Act: What you need to know for 2024

On January 1, 2024, sweeping new reporting requirements are going into effect to combat hidden ownership and money laundering. The Corporate Transparency Act will require those liable to disclose information about their beneficial owners and company… Read More
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Why you need to regularly review your business records: Part two

In my last article, we talked about the necessary evil of maintaining your business records, particularly in the categories of business filings, piercing the corporate veil, financials and real property. Part two of this series will discuss three mor… Read More
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