by Melanie Krings | May 24, 2024 | News, Publications
Background On April 23, 2024, the Federal Trade Commission (FTC) issued a final rule (“Final Rule”) banning the use of non-compete agreements and their functional equivalents in most circumstances. The Final Rule, which is now facing numerous legal challenges, is set...
by Melanie Krings | Apr 25, 2024 | News, Publications
BACKGROUND The federal Corporate Transparency Act (“CTA”) went into effect on January 1, 2024, and is intended to combat financial crimes, such as money laundering. Under the CTA, a company that qualifies as a “reporting company” is required to report certain...
by Melanie Krings | Mar 20, 2024 | News, Publications
The Internal Revenue Service (IRS) recently published a notice listing seven warning signs of incorrect claims for the Employee Retention Credit (ERC). This notice provides an overview and explanation of each warning sign and reminds employers of two special programs...
by Melanie Krings | Feb 27, 2024 | News, Publications
As you may be aware, the federal Corporate Transparency Act (“CTA”) went into effect January 1, 2024, and requires many business entities to report certain information about their beneficial owners to the Financial Crimes Enforcement Network (“FinCEN”). To implement...
by Melanie Krings | Feb 7, 2024 | News, Publications
On January 22, 2024, the Federal Trade Commission (FTC) announced the adjusted thresholds to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), which were officially published in the Federal Register on Monday, February 5, 2024, and became effective...
by Melanie Krings | Jan 11, 2024 | News, Publications
On January 9, 2024, the U.S. Department of Labor (DOL) issued a final rule redefining the term “independent contractor” as applied under the Fair Labor Standards Act (FLSA). This new rule is largely consistent with the DOL’s 2022 proposed version, replacing its prior...
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