Dec 19, 2024
As reported in the National Law Review: "On December 3, 2024, a Texas-based federal court issued a sweeping order prohibiting the federal government from enforcing the Corporate Transparency Act (CTA) anywhere in the country."
This much-debated law imposed heavy reporting requirements on a wide range of companies, starting in 2025. But a federal court in Texas issued a preliminary injunction blocking it. In the court's words:
Pending before the Court is Plaintiffs’ Motion for Preliminary Injunction (Dkt. #6). Through it, Plaintiffs seek to enjoin the Government from enforcing the Corporate Transparency Act and its Implementing Regulations. Having considered the Motion, the arguments of counsel, and the applicable law, the Court concludes that the Motion should be GRANTED.
Indeed, amidst over 70 dense legal pages, the court referred to the CTA as a "quasi-Orwellian statute."
However, the National Law Review said a government appeal is likely, so the CTA may come back. For now, however, businesses can relax. Still, owners should stay in touch with their financial advisers, in case the CTA comes back in the future.
©2024
Aug 29, 2025
Once, employees approaching retirement age could look forward to a long, relaxing post-work life. For much of the 55+ crowd, this is no longer the case, with many forestalling retirement for as long as possible. Read through for advice on employing silver workers in your organization.
Aug 28, 2025
For any company to treat their employees with respect and fairness, it needs to have a transparent pay equity policy in place that is shared with all employees. Read through to understand why creating pay equity is beneficial to your organization.
Aug 27, 2025
Thanks to a new federal income tax deduction provided by the One Big Beautiful Bill Act, many workers who put in extra hours will be able to keep more of their earnings. Read through to see who qualifies, how much could be saved and what the limits are.
Aug 26, 2025
A new federal law may allow millions of tipped workers to keep more of their earnings starting in 2025. Read through to find out who qualifies, how much could be saved and what to watch for.
Aug 25, 2025
Did you know that federal and state laws prohibit the use of immigration or citizenship status when making employment decisions? Read through for insights into how to approach immigration-related matters in a lawful way.
Jul 31, 2025
Employers conduct exit interviews with departing employees during the final days of offboarding. If done right, these interviews can be a source of valuable information to help the company improve.
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