Dec 26, 2024
In light of the Fifth Circuit’s decision to reinstate the Corporate Transparency Act (CTA), the federal government has extended the January 1, 2025 reporting deadline. The government’s updated guidance, which was published by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), can be found on FinCEN’s Beneficial Ownership Information (BOI) website.
The most notable deadline extension applies to reporting companies created or registered prior to January 1, 2024. Those entities now have until January 13, 2025 to file their initial BOI Reports. That same extension applies to reporting companies created or registered on or after September 4, 2024 (i.e., entities that would have been required to file BOI Reports during the period in which the CTA was subject to a nationwide preliminary injunction). Reporting companies created or registered during the period spanning December 3, 2024 to December 23, 2024 will also enjoy a brief extension. According to FinCEN, those entities will have an additional 21 days from their original filing deadline to file their initial BOI Reports.
This story is rapidly evolving. In the coming days and weeks, we expect to see additional court challenges and a likely appeal to the Supreme Court of the United States. We will continue to monitor the situation and provide updates as they become available.
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Dec 18, 2025
The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduced a significant change to business taxes by making it permanent for businesses to deduct 100% of the cost of certain assets in the year they are purchased. Read through for an introduction to what this means, why it matters and how it works.
Dec 17, 2025
The One Big Beautiful Bill Act, recently signed into law, extends most of the Tax Cuts and Jobs Act’s provisions, adds new tax laws, and ends some tax provisions. The new rules are complex and controversial. Read through to see how they may affect you.
Dec 16, 2025
Company policies, procedures and information offer employees — both new and current — a place to turn when they have questions about company information. Read through to learn how to streamline policies with templates.
Dec 15, 2025
States are shifting the way they enforce labor laws by treating wage theft as a criminal offense rather than a civil infraction. And the penalties can be tough! Read through to see what might be prosecuted as serious theft.
Nov 20, 2025
It's a controversial topic: How much paid time off should you give your employees? Smart companies give more than the minimum, knowing that some employees value time off even more than a salary raise. Read through for some thoughts on a good vacation policy.
Nov 19, 2025
Employee reviews are often seen as monotonous, checklist-based meetings that may or may not end with a raise. Read through for six quick tips to elevate your company's culture through a smarter employee review process.
More News & Press can be found in our Archive.
