As of January 24, 2025, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen. All filings are optional, and a nationwide preliminary injunction still exists suspending enforcement of the Corporate Transparency Act (CTA). On January 23, 2025 the U. S. Supreme Court granted the U.S. government’s […]
Labor & Employment Law Update
DHS Publishes Rule Permanently Increasing 540-Day Automatic Extensions of Employment Authorization Documents for Certain Categories
on Thursday, 23 January 2025 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
In December 2024, the U.S. Department of Homeland Security published a final rule that permanently increased automatic extension periods of certain employment authorization documents to 540 days from the expiration date of the face of the Employment Authorization Document (“EAD” or Form I-766). Previously, the automatic extension period for qualifying […]
DEI/Affirmative Action Alert: Major Affirmative Action Law Revoked, and Private Sector DEI in the Cross-Hairs
on Thursday, 23 January 2025 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
On January 21, 2025, President Trump issued an Executive Order (“EO”) titled, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.” While this EO is getting the most attention for rescinding a major affirmative action law (spoiler alert), it also initiates steps for federal agencies to crack down on “dangerous, demeaning, and […]
Hold Your Horses, 5th Circuit… Let’s Figure Out What’s Happening with the Corporate Transparency Act
on Friday, 27 December 2024 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
As of December 26, 2024, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen, and the nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA) is back! The past week has been confusing and chaotic as the injunction was stayed and then reinstated […]
Update: CTA Filing Extended to January 13, 2025 for Entities Formed Prior to 2024
on Tuesday, 24 December 2024 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
On the evening of December 23, 2024 the Department of Treasury announced that companies that were created or registered prior to January 1, 2024 and are not otherwise exempt under the Corporate Transparency Act (CTA) from filing a beneficial ownership information report (BOIR) with FINCEN now have until January 13, […]
