UPDATE (02.24.25): FinCEN has implemented a status update requiring non-exempt Reporting Companies to file the Beneficial Ownership Information Report (BOIR) with a March 21, 2025 deadline. This change is also reflected in this article’s “Now What”...
UPDATE: As of December 27, 2024, the latest ruling has been stayed, and the injunction made on December 3, 2024, by the Fifth Circuit stands. Learn more here. On Monday, December 23, 2024, a three-judge panel of the United States Circuit Court of Appeals for...
On Tuesday, December 3, 2024, the U.S. District Court for the Eastern District of Texas (Judge Amos Mazzant), in Texas Top Cop Shop, Inc. et al. vs. Garland, issued a nationwide preliminary injunction against the enforcement of the reporting rule under the Corporate...
The Corporate Transparency Act (the “Act”), which became effective on January 1, 2024, requires corporations, limited liability companies, and limited partnerships created or registered to do business in the United States (a “Reporting Company”) to identify its...
A Texas federal judge reversed the Department of Labor’s (“DOL”) salary threshold that was supposed to increase the minimum salary level for employees to be exempt from the federal Fair Labor Standards Act (“FLSA”). The salary threshold increase was supposed to happen...
A recent law passed by the Colorado legislature and signed by Governor Polis affecting residential tenancy and eviction rights went into effect on April 19, 2024. This will have a profound impact on both landlords and tenants. The changes seem intended to protect...
