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.
©2024
Mar 12, 2026
Remote work has become a clear expectation for many employees. Indeed, many employees won't even work for a company if it's not an option. Read through to learn more about how to create a remote policy that works for both your employees and your organization.
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Maintaining the right level of staff is crucial for any business. You don't want too many or too few employees. Read through for tips on how companies manage the balancing act between the two staffing extremes.
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Pet-friendly offices, on-site wellness programs, game rooms and free meals are among the latest in unique employee perks. Perks are a great way to show your staff you appreciate their efforts. Read through for a guide to how employee perks can improve overall job satisfaction.
Mar 09, 2026
As companies recruit globally and support more remote employees, payroll recordkeeping has grown more complicated. Read through to learn how to stay compliant while keeping payroll records organized and useful.
Feb 12, 2026
You've invested time and money in training your employees to meet or exceed the performance expectations you set for your company. But sometimes things go wrong. Read through for tips on how to motivate and refocus individuals before you have to let them go.
Feb 11, 2026
Congratulations! Your hard work has finally paid off and you've been promoted to manager. As you settle into your larger office space, you may be asking yourself what comes next. Read through for pro tips on how to be an effective first-time leader.
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