Author Archives for Shamira Narayana

Worker with scanner making review of goods in warehouse

Legal Update: Oregon Warehouse Worker Protection Act Signed into Law

by | March 19, 2025

Oregon has enacted HB 4127, also known as the Warehouse Worker Protection Act, which takes effect on January 1, 2025. The new law introduces critical protections for warehouse workers, particularly those working under strict quotas in e-commerce and large distribution centers. Key Provisions of the Oregon Warehouse Worker Protection Act – Transparent quota requirements: Employers... View Article

New developments on the Corporate Transparency Act (CTA), since its reinstatement last December 23. Now the Fifth Circuit Court of Appeals is reversing its previous decision. Given the ongoing uncertainty, we suggest companies be ready to file quickly if the preliminary injunction is lifted or overturned. This could mean the January 13 deadline is reinstated, or a new deadline pops up with little warning. It’s important that reporting companies keep an eye on the litigation updates and any new guidance from FinCEN.

LEGAL UPDATE: CTA COMPLIANCE – ON HOLD…Again

by | December 30, 2024

New developments again on the Corporate Transparency Act (CTA). The court has reversed its previous decision, and filing is suspended pending further litigation. Given the ongoing uncertainty, we suggest companies that have not yet filed be ready to file quickly if the injunction is lifted or overturned. It’s important to keep an eye out for... View Article

In a significant legal development, a Texas federal court issued a nationwide preliminary injunction on December 3, 2024, halting the enforcement of the Corporate Transparency Act (CTA). The ruling temporarily suspends the CTA’s reporting requirements, including the critical January 1, 2025, compliance deadline. The Department of Justice may appeal this decision to the 5th Circuit Court of Appeals, which could lead to further legal proceedings and potential changes in the status of the injunction. In this blog, we break down the reasons behind the court’s decision, what it means for the Corporate Transparency Act, and what steps businesses should take to stay prepared.

LEGAL UPDATE: CORPORATE TRANSPARENCY ACT: NATIONWIDE INJUNCTION STAYED, REPORTING REQUIRED BY JANUARY 13, 2025

by | December 24, 2024

UPDATE: New developments again on the Corporate Transparency Act (CTA). On December 26, the court reversed its previous decision, and filing is suspended pending further litigation. Read on the latest update here. On December 23, 2024, the Fifth Circuit Court of Appeals reinstated the Corporate Transparency Act (CTA), reversing an earlier nationwide injunction that had paused... View Article

Federal Estate Tax Exemption Update: Planning for the 2025 Reduction

Federal Estate Tax Exemption: Planning for 2025

by | November 21, 2024

As we approach the end of 2024, the impending reduction of the federal estate and gift tax exemption continues to be a key consideration for estate planning. The current exemption levels, set by the Tax Cuts & Jobs Act of 2017, remain at historically high levels of $13.61 million per individual and $27.22 million for... View Article