Sign up now: Fall HR Training Webinars

Foulstonโ€™s popular HR Training Series returns this fall โ€“ Designed to benefit HR professionals, business owners, and managers, these sessions deliver practical guidance on key employment law issues and offer the opportunity to ask questions and get real-time answers from our experienced employment law attorneys. Whether youโ€™re new to HR, a seasoned pro, or just… Continue reading Sign up now: Fall HR Training Webinars

Missouri Governor and Legislature Repeal Earned Paid Sick Time Law

Despite a pending legal challenge, the initial deadline under Missouriโ€™s new Governor Kehoe signed HB 567, legislation repealing Missouriโ€™s earned paid sick time law. The short-lived paid sick time law became effective May 1, after Missouri voters approved Proposition A in the November 2024 election, and it will officially end on Aug. 28, 2025. In addition… Continue reading Missouri Governor and Legislature Repeal Earned Paid Sick Time Law

FinCEN Eliminates Corporate Transparency Act Reporting Obligations for Domestic Companies and U.S. Persons

On March 21, 2025, the Financial Crimes Enforcement Network (โ€œFinCENโ€) issued an interim final rule that significantly narrows the scope of the beneficial ownership information (โ€œBOIโ€) reporting requirements under the Corporate Transparency Act (โ€œCTAโ€). As expected, based on its announcement on March 2, the interim rule narrows the CTAโ€™s reporting obligations to foreign reporting companies only.… Continue reading FinCEN Eliminates Corporate Transparency Act Reporting Obligations for Domestic Companies and U.S. Persons

U.S. Department of Treasury Announces Substantial Changes to CTA Enforcement with Unclear Effects

On Mar. 2, 2025, the U.S. Department of Treasury (โ€œTreasuryโ€), the parent agency of the Financial Crimes Enforcement Network (โ€œFinCENโ€), announced that it will not impose penalties or fines for noncompliance with the Corporate Transparency Act (โ€œCTAโ€) against U.S. citizens or domestic reporting companies. This follows FinCENโ€™s Feb. 27, 2025, statement temporarily suspending CTA enforcementโ€”including… Continue reading U.S. Department of Treasury Announces Substantial Changes to CTA Enforcement with Unclear Effects

Missouri Employers: Deadline to Implement Paid Sick Time Under Missouri Proposition A is April 15, 2025

Despite a pending legal challenge, the initial deadline under Missouriโ€™s new earned paid sick time (โ€œPSTโ€) law is looming, and employers should begin preparing now. Proposition A, which amended Missouriโ€™s Minimum Wage and Overtime Law, requires employers to provide PST to all employees working in Missouri, including part-time and temporary employees. By April 15, 2025, employers… Continue reading Missouri Employers: Deadline to Implement Paid Sick Time Under Missouri Proposition A is April 15, 2025

Supreme Court Stays Injunction in One Case, but CTA Compliance Remains Temporarily on Hold Pending Other Appeal

In the latest development surrounding the Corporate Transparency Act (โ€œCTAโ€), on Jan. 23, 2025, the United States Supreme Court stayed a nationwide injunction previously issued by a Texas federal court in Texas Top Cop Shop, Inc. v. McHenry (Case No. 4:24-cv-478, E.D. Tex., formerly Texas Top Cop Shop v. Garland). Ordinarily, the Supreme Courtโ€™s decision would have reinstated… Continue reading Supreme Court Stays Injunction in One Case, but CTA Compliance Remains Temporarily on Hold Pending Other Appeal

Corporate Transparency Act Compliance Once Again Temporarily Suspended Nationwide

Once again, reporting companies are temporarily relieved from complying with the Corporate Transparency Actโ€™s (โ€œCTAโ€) requirement to report beneficial ownership information (โ€œBOIโ€) to the Financial Crimes Enforcement Network (โ€œFinCENโ€). On Dec. 26, 2024, a different panel of the United States Court of Appeals for the Fifth Circuit, in Texas Top Cop Shop, Inc. v. Merrick Garland,… Continue reading Corporate Transparency Act Compliance Once Again Temporarily Suspended Nationwide

Reporting Companies Must File Beneficial Ownership Information by Jan. 13, 2025, After Fifth Circuit Grants Stay of Nationwide Injunction of Corporate Transparency Act

A recent ruling by the United States Court of Appeals for the Fifth Circuit has reinstated the Corporate Transparency Actโ€™s (โ€œCTAโ€) beneficial ownership information (โ€œBOIโ€) reporting obligations, although the filing deadline for many reporting companies has been extended to Jan. 13, 2025. On Dec. 23, 2024, the Fifth Circuit granted the federal governmentโ€™s emergency motion… Continue reading Reporting Companies Must File Beneficial Ownership Information by Jan. 13, 2025, After Fifth Circuit Grants Stay of Nationwide Injunction of Corporate Transparency Act

Corporate Transparency Act Compliance Temporarily Suspended Nationwide

On December 3, 2024, a United States District Court for the Eastern District of Texas issued a preliminary, nationwide injunction blocking enforcement of the Corporate Transparency Act (โ€œCTAโ€). As of this publication, reporting companies nationwide are not required to report their beneficial ownership information (โ€œBOIโ€) and the CTAโ€™s compliance deadline is stayed, including the Jan.… Continue reading Corporate Transparency Act Compliance Temporarily Suspended Nationwide