On December 2, 2024, a federal court in Texas issued a nationwide injunction halting the implementation of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements. Therefore, unless and until an appellate court overrules or narrows the injunction, no businesses are obligated to comply with the reporting requirements. See below for more information. DEVELOPMENTS THAT […]
NFIB Webinar: Tips to Prepare for DOL’s New Overtime Rule and Employment Law Changes in 2025
With a new year fast approaching, employers face several important employment law changes thanks to the U.S. Department of Labor (DOL). The new overtime rule, set to take effect on Jan. 1, 2025, will make millions more workers eligible for overtime pay by increasing the salary threshold for the executive, administrative, and professional (EAP) exemptions […]
U.S. Beneficial Ownership Information Registry Now Accepting Reports | FinCEN.gov
Fines are assessed after Jan 1st. Existing Companies Have One Year to File; New Companies Must File Within 90 Days of Creation or Registration The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many […]
U.S. Beneficial Ownership Information Registry Now Accepting Reports | FinCEN.gov
U.S. Beneficial Ownership Information Registry Now Accepting Reports | FinCEN.gov Existing Companies Have One Year to File; New Companies Must File Within 90 Days of Creation or Registration WASHINGTON — Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan Corporate Transparency Act, enacted in 2021 […]
New Final Rule: Independent Contractor Gets a Makeover
New Final Rule: Independent Contractor Gets a Makeover JANUARY 18, 2024 BY FOLEYFOLEYPC The Biden administration is finally getting its rule on what determines an independent contractor relationship. The Trump era rule, which was much broader, has been rescinded. In its place is a six part test, considering a “totality of the circumstances,” that will […]
SEPTEMBER 27, 2023 BY FOLEYFOLEYPC Much of what happens in life, also happens in the workplace. The good, the bad and the ugly–violence. In many states, overall violent incidents are up, and many episodes take place at work. What should an employer do? California is on the verge of enacting a bill requiring workplace violence prevention plans. As of […]
You Oughta Know: The Pregnant Workers Fairness Act Breakdown SEPTEMBER 18, 2023 BY FOLEYFOLEYPC Acting with uncharacteristic speed, the EEOC released proposed rules for the Pregnant Workers Fairness Act (PWFA), summarized here. Prior to the PWFA, pregnancy was not considered a disability under the Americans with Disabilities Act (ADA) and even some pregnancy-related medical conditions were outside the […]
Understanding Seasonal Employment: Top 7 Considerations Before Hiring
by Karyn H. Rhodes | SHRM-SCP, SPHR, Complete Payroll Solutions If you operate a seasonal business, then you know your staffing needs can be inconsistent throughout the year. One way to address this issue is to offer seasonal employment to ensure you’re adequately staffed when you need it most. But if […]
H2B Workers: Please Practice Lawful Hiring Procedures
Published May 19, 2023, 10:47 am Recently one of our member businesses had two applicants that were H2B workers at the Chatham Bars Inn. As you know H2B workers are not allowed to work for another employer other than their designated sponsor(s). Hiring another employer’s H2B worker without having filed for that particular worker on […]
New Law, New Poster: PUMP Act MARCH 27, 2023 BY FOLEYFOLEYPC Effective April 28, 2023, an employer that violates the PUMP for Nursing Mothers Act may be required to provide relief in the form of employment, reinstatement, promotion, payment of lost wages and liquidated damages. The PUMP Act was enacted the end of December, 2022, and most […]