FinCEN has confirmed again that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines. FinCEN i...
Introducing Creenan & Baczkowski, PC's New Corporate Compliance Plan Since its founding, Creenan & Baczkowski, PC, has built a reputation as a trusted partner to small businesses. Through our innovative Counsel Access Plan (CAP), we've transformed the way businesses access legal services. By off...
Pennsylvania's Act 122 law took effect January 1, 2025 and requires the filing of an Annual Report for all state formed registered entities. The Annual Report requires each entity supply the following information: Business name; Jurisdiction of formation; Registered office address; Name of at le...
A company's obligation to report its beneficial owners to the federal government is back on - with a new deadline of March 21, 2025. Here is the latest summary from the Financial Crimes Enforcement Network (FINCEN): "With the February 18, 2025, decision by the U.S. District Court for the Easter...
The federal agency responsible for administering the Corporation Transparency Act, FINCEN, released the following statement: On January 23, 2025, the Supreme Court granted the government's motion to stay a nationwide injunction issued by a federal judge in Texas (Texas Top Cop Shop, Inc. v. Mc...
Act 122 of 2022 takes effect on January 1, 2025. On Nov. 3, 2022, Governor Wolf signed into law Act 122 of 2022, which created an annual report requirement (like that imposed by most states) for domestic and foreign business filing associations. The long-time decennial report requirement for the...
FINCEN acknowledged the filing deadlines have been put on hold, again, at least for now. "On December 26, 2024, however, a different panel of the U.S. Court of Appeals for the Fifth Circuit issued an order vacating the Court's December 23, 2024 order granting a stay of the preliminary injuncti...
In the latest twist of federal legal events affecting the business community, the Fifth Circuit has lifted the injunctive that had halted the Corporate Transparency Act"s Decemeber 31, 2024 deadline for tapering companies to file a Beneficial Owner Information Report. In light of the fast app...
In addressing a challenge to the Corporate Transparency Act requiring all entities to comply by December 31, 2024 and considering the imposition of a preliminary injunction to enjoin enforcement of the Beneficial Ownership Information report filing requirements, the District Court determined plai...
ADA Website Compliance The 1990 Americans with Disabilities Act (“ADA”) (42 U.S.C. § 12101) is a landmark federal law protecting the rights of and providing accessibility for people with disabilities, and, in its Title III, requiring businesses to comply with accessibility protections, including...
Act 52 of 2024 gives property owners the right to cancel a sales agreement for a "wholesale transaction" and also requires sales agreement to include certain rights for the property owner / consumer. What is a "wholesale transaction"? “Undertaking to promote the sale, exchange or purchase of...
The General Assembly enacted an Act "Prohibiting Fees for Early Termination of Certain Contracts Upon Death." The general rule of the act is, “A provider (an individual who provides contract services for cable television, cellular, direct broadcast satellite, electric generation, heating oil, na...
The Pennsylvania General Assembly passed an amendment to Title 20 (Decedents, Estates and Fiduciaries) on July 1, 2024. The House amended the heading of chapter 88 to read, “Slayers and Elder Abusers.” As a result, any person convicted of elder abuse cannot inherit or otherwise benefit from the...
The April 23, 2024 Notice Makes the Rule Effective July 1 and requires Action by January 1, 2025. Starting July 1, the Rule will deem as “unfair” almost all non-competes. The Rule will also require employers to give notice of compliance with the Rule by January 1, 2025.
The USDOL new OT Rule gives guidance on employees exempt from the FLSA minimum wage and overtime rules. Starting July 1, 2024, Employees with gross pay of $844.00 or more per week will be considered exempt. On January 1, 2025, that number jumps to $1,128 per week. Sarting July 1, 2...
The Pregnant Workers Fairness Act (PWFA) requires reasonable accommodations for pregnant workers. The accommodation must address the employee's or applicant's known limitations related to pregnancy, childbirth, or related medical conditions. Employees are not obligated to if the accommodation cre...
Important CTA Update: Federal District Court Rules CTA Unconstitutional Important Corporate Transparency Act (CTA) Update: Federal District Court Rules CTA Unconstitutional National Small Bus. United v. Yellen, No. 5:22-cv-1448-LCB (N.D. Ala. Mar. 1, 2024) On Friday, March 1, 2024, in Na...
As a small business owner, you care about the well-being of your workers and the success of your business1. But did you know that having a safety and health program can help you achieve both goals? A safety and health program is a set of policies and practices that proactively prevent workplace ...
We wish to inform you of two significant changes impacting the obligation of companies like yours to file annual reports with government agencies. Congress adopted the Corporate Transparency Act mandating the reporting of beneficial ownership information ("BOI") by most companies. Basically, CT...
After many years of litigation resulting in the settlement of class action, the claims administration has begun sending claim forms to eligible businesses. Based on information available from the court approved website, "Claim forms began mailing on December 1, 2023, and will continue being sent...
The United States Department of Labor recently updated its poster. Here is what you need to know, courtesy of the USDOL website: Every employer covered by the nondiscrimination and EEO laws is required to post on its premises the poster, "Know Your Rights." The notice must be posted prom...
The Pennsylvania Commonwealth Court removed a recent patch of the complicated patchwork of laws and industry standards that form the Commonwealth's construction codes under the Construction Code Act. 35 P.S. §§ 7210.101-7210.1103. The Commonwealth Court granted an application by the Pennsylvania...
The PA Department of Labor & Industry revised its regulations applicable to the service industry work force. Here are the five key points: An update to the definition of "tipped employee," adjusted for inflation since 1977, that increases the amount in tips an employee must receive monthly f...
It has been a tough couple of years for many small businesses, but, as the adage goes, what doesn't kill you makes you stronger. Small businesses that survived the challenges of 2020 and 2021—the worst pandemic in US history, a nationwide labor shortage, supply chain volatility, and rising infla...
There are some activities we engage in outside of work strictly for personal reasons, with no thought of ever profiting from them. You might, for example, enjoy photography, hiking on the weekends, or collecting classic records. There is no monetary gain—and no expectation of making a profit—fro...
Creenan & Baczkowski, PC can represent you and your organization in Real Estate/Construction, Estate Planning, Civil Litigation, and Business law issues in Westmoreland and Allegheny Counties, in Pennsylvania. Contact us today to schedule an appointment.
