The Corporate Transparency Act (CTA) remains in effect, and, as a result, many entities are required to submit filings to the federal government by the January 1, 2025, deadline. A failure to timely file may result in civil and criminal penalties. Under the CTA, a “reporting company” must file a Beneficial Ownership Information Report (“BOIR”) […]
Ruder Ware’s Annual Employment & Benefits Law Conference will be held at the Hilton Garden Inn (map and directions) on Thursday, November 14, 2024. 7:30 a.m. Registration 8:00 a.m. Welcome & Introductions 8:05 – 8:40 a.m. Benefits Update Presenter: Attorney Mary Ellen Schill Employee benefits are crucial to attracting new talent, as many job seekers prioritize benefits over […]
This year has seen the enactment of new legislative boundaries statewide, different lawmaker retirements, as well as all of those perennial dates and deadlines that we need to remember relating to the election. But thankfully, election day is almost here. John Jacobson’s latest Capitol Connection reminds voters of early voting dates and where to find […]
As you know, the Federal Trade Commission (FTC) previously issued a rule that would ban most employee noncompetes throughout the United States. See our previous updates NLRB Seeks Aggressive Enforcement Against Employers for Unlawful Non-Compete and “Stay-or-Pay” Provisions, Breaking News: Federal Court Halts FTC Noncompete Ban, The FTC’s Ban on Noncompetes Remains Imminent for Most […]
Even after a Federal District Court judge in Texas struck down the looming FTC Ban on non-competes this past August, non-competes are still a hot topic in labor news. On Monday, Jennifer Abruzzo, the National Labor Relations Board’s (NLRB) General Counsel, issued a memo expanding on her May 2023 memo. The latest memo not only […]
On November 1, 2024 the Internal Revenue Service announced the cost-of-living adjustments for the various qualified retirement plan limits. Almost all of the limits shown below have increased from last year. Qualified Plan Limit Cost-of-Living Adjustments 401(k) and 403(b) elective deferral limit 2024 – $23,000 2025 – $23,500 $200,000 compensation limit 2024 – $345,000 […]