Monthly Archives: February 2025

Corporate Transparency Act:  New Beneficial Ownership Information Reporting   New Deadline March 21, 2025    Beneficial Ownership Information [BOI] reporting under the Corporate Transparency Act [CTA] is again required, with a new reporting deadline of March 21, 2025, for most companies. For more information on BOI click  here.    What is Beneficial Ownership Information [BOI] Reporting?  Companies in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to […]

New Eligible Leave Activities for Employees Planning Adoptions and Foster Care Placements for 2025     Effective January 1, 2025  Paid Leave Oregon now offers Pre-Placement Leave for eligible employees who are planning to adopt or foster a child.     Pre-placement Leave identifies activities that are part of the adoption or fostering process that are required by law to be completed when a prospective adoptive parent or guardian has been identified. The process is implemented to […]

In early December, we let you know that a federal judge blocked the Corporate Transparency Act. As of December 23, 2024, a panel of judges reinstated the reporting guidelines. Then on December 26th, the Fifth Circuit Court issued an order vacating the December 23rd reinstatement. What is the Corporate Transparency Act The Corporate Transparency Act (CTA) was enacted to prevent corrupt entities from laundering illicit funds through anonymous companies in the United States, specifically to […]