Tax Policy Alerts
As tax season begins and deadlines near, policy changes may affect you directly. Stay updated with our tax policy alerts here, and check back often. For questions, reach out to your GSG partner or email us, and we’ll connect you with the right person.
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 effect on September 4, 2024, but ran into multiple court challenges. Now the court [...]
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 to a recent Thomson Reuters article, the ruling’s impact is currently unknown. However, the [...]
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 and S corporations), limited partnerships (LPs), and other closely-held entities that are created by [...]
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