The Corporate Transparency Act (“CTA”) was enacted in 2021 as an expansion of anti-money laundering laws and is intended to combat illicit activities such as money laundering, financing of terrorism, tax fraud and corruption. Effective January 1, 2024, the CTA requires most businesses file a Beneficial Ownership Information (BOI) Report with the U.S. Department of

  The regulatory environment is ever-changing for employers. We wanted to highlight some recent changes: Employee Overtime Protections The United States Department of Labor’s (“DOL”) regulations for determining whether salaried employees are exempt from minimum wage and overtime requirements will be changing effective July 1, 2024. All employers should be aware of these changes. Currently,