Daily Archives: December 10, 2024

On Nov. 15, 2024, the U.S. District Court for the Eastern District of Texas court decision vacated employers from having to comply with an increase in the salary threshold for white-collar employee exemptions [defined as executive, administrative and professional employees – EAP ] from overtime. This threshold had been set to rise to $58,656 annually as of Jan. 1, 2025—the previous July 1, 2024, increase of the salary threshold from $35,568 to $43,880 per year […]

 It’s not too late to show your appreciation for a job well done this holiday season!    Celebrate Your Employees!  Holiday bonuses can be a great way to express your gratitude toward employees, promote motivation and reinforce a positive work culture. Planning your bonus structures carefully well before the end of the year allows you to budget for them. Rewarding your staff for a job well done is a key to retaining good employees.     […]

A federal court in Texas just issued a nationwide injunction halting the implementation of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements.  Therefore, unless and until an appellate court overrules or narrows the injunction, no businesses are obligated to comply with the reporting requirements.    The Texas court halted the implementation of the CTA beneficial ownership reporting requirements, holding that the CTA is likely unconstitutional. It issued a preliminary injunction barring the government from enforcing the […]