U.S. Courts News Reporter
It’s the end of the year.
Which means, for the foreseeable future, employers need to be mindful of the automatic increase to the state’s minimum wage which goes into effect on January 1, 2025.
Currently, the rate is $ 15.69. However, it goes up to $ 16.35 on Wednesday.
Why?
Connecticut’s minimum wage law, which connects the state minimum wage to changes in the federal employment cost index (ECI), was originally passed in 2019 when inflation wasn’t of major concern.… Read the rest
On the evening of December 23, 2024, FINCEN posted the following notice on its website extending CTA filing deadlines from December 31, 2024, to January 13, 2025 and extending other filing deadlines as set forth below:
“In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that reporting companies may need additional … Read the rest