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Please Click HerePosted on July 30, 2024 by Amy E. Ebeling and Jacob A. Schraeder
The Corporate Transparency Act (the “CTA”) imposes requirements on entities dissolved in 2024. Effective as of January 1, 2024, the CTA mandates entities disclose information about their “beneficial owners” to the Financial Crimes Enforcement Network (“FinCEN”). Previously, there was uncertainty about whether dissolved entities must report under the CTA. However, on July 8, FinCEN updated […]
Posted on July 25, 2024 by John N. Jacobson
Statewide ballot referenda are not new to voters in the Badger State. There are four scenarios in which a question may be directly asked of voters: whether to amend the state’s constitution; ratification of a law extending the right of suffrage; nonbinding advisory question to measure public sentiment; and, ratifying a law that was passed […]
Posted on July 16, 2024
Join us in welcoming Morgan. At Ruder Ware, she is dedicated to helping businesses thrive by ensuring compliance and promoting healthy employer-employee dynamics.
Posted on July 8, 2024 by Sara J. Ackermann, Nicole L. Stangl and Morgan H. Sweeney
On July 3, 2024, a federal judge in Texas granted a preliminary injunction in a lawsuit challenging the FTC’s noncompete ban. Notably, the injunction only applies to those plaintiffs named in the suit. All other employers will still need to comply with the noncompete ban when it takes effect in September. A final decision on […]
Posted on July 2, 2024 by Sara J. Ackermann and Nicole L. Stangl
Late Monday afternoon, a federal judge in Texas denied a marketing firm’s motion for a preliminary injunction to halt the DOL’s new overtime rule. This denial affirms that, for now, employers, other than the State of Texas, must comply with the DOL’s new overtime rule which went into effect Monday, July 1, 2024. As each […]
Posted on July 2, 2024 by John N. Jacobson
The ever-changing landscape of state government requires businesses across all industries to stay informed on the happenings in Madison. Welcome to the June 2024 Recap issue of the Capitol Connection. Inside this issue Vos Recall Denied by Elections Commission Renowned Pollster Visits Ruder Ware New K-12 Literacy Vendor Selected Wisconsin Policy Forum: More FoodShare Recipients […]
Posted on July 1, 2024 by Sara J. Ackermann and Nicole L. Stangl
This past Friday, a Texas federal judge granted a preliminary injunction for the State of Texas, postponing the effective date of the Department of Labor’s new overtime rule. Currently, the injunction is limited only to State of Texas employees. All other employers must still comply with the final rule which went into effect today, July […]
Posted on July 1, 2024 by Amy E. Ebeling and Jacob A. Schraeder
Wisconsin’s marital property laws impact compliance with the Corporate Transparency Act (the “CTA”). As discussed in other Ruder Ware CTA Focus Team insights, the CTA requires a “reporting company” to report information about its “beneficial owners” to the Financial Crimes Enforcement Network (“FinCEN”). The CTA defines a beneficial owner as “any individual who, directly or […]
Posted on June 12, 2024 by Amy E. Ebeling and Ruder Ware Alumni
The Corporate Transparency Act (the “CTA”), part of the federal government’s effort to curtail money laundering by means of shell company structures, imposes disclosure requirements on most entities registered to do business in the United States. As discussed in other Ruder Ware CTA Focus Team insights, there is a presumption that all entities are bound […]
Posted on June 4, 2024 by Amy E. Ebeling and Jacob A. Schraeder
A crucial aspect of compliance with the Corporate Transparency Act (“CTA”) is understanding the various due dates and obligations. A “reporting company” must meet CTA reporting deadlines to avoid potential regulatory penalties. To avoid such penalties for non-compliance, a reporting company must plan ahead to ensure there is sufficient time to conduct CTA analysis, gather […]