CLIENT ALERT: New Law Affecting Nearly All Businesses
Effective January 1, 2024, FinCEN Requires Most Businesses to Report Beneficial Ownership Information Beginning January 1, 2024, most companies have a new requirement to provide information related to their owners and executives. The penalties for failing to file and comply with this new requirement can result in civil penalties of up to $500 per day for […]
CLIENT ALERT: DOL Publishes New Independent Contractor Test
In December 2022, we sent out a client alert regarding the United States Department of Labor’s (“DOL”) proposed rule to reclassify the standards for employees and independent contractors under the Fair Labor Standards Act (“FLSA”). The DOL initially published a proposed rule in October 2022 and held public comment on the rule through early November of […]
