Beneficial ownership reporting requirements suspended
The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025, [...]
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MD Tax News Roundup: Spring 2025
Stay updated with the latest MD tax news that affects you.
Federal court rules against DOL’s “white collar” overtime rule
A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from [...]
Federal court rejects FTC’s noncompete agreement ban
In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take [...]
Corporate Transparency Reporting Rules
March 2024 Update:A recent Alabama court ruling says that the Corporate Transparency Act (CTA) is unconstitutional, which could have an impact on beneficial ownership reporting.According [...]
New reporting requirements that take effect on January 1, 2024
Your business may have to meet new reporting requirements that take effect on January 1, 2024 Almost all limited liability companies, corporations (both C [...]
