Today, the U.S. Department of Labor (DOL) announced a proposed rule that would raise the minimum salary for an employee to be exempt from overtime pay from $684 per week
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On August 1, 2023, the United States Citizenship and Immigration Services (USCIS) implemented significant changes to Form I-9, which all employers are required to use for verifying the identity and
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Introduction: In the United States, individuals who give substantial gifts to their loved ones may encounter the federal gift tax. The federal gift tax is imposed on the transfer of
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Needs Based: Supplemental Security Income: SSI SSI is a needs-based income provided as a public benefit for persons who are disabled, blind, or age 65 or older. As a needs-based
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In Texas, two or more filed entities may need to file a combined franchise tax return if they meet certain criteria. The Texas franchise tax is a tax imposed on
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We previously alerted you to the enactment of The Corporate Transparency Act (the “CTA”) and the proposed rules issued by the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
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