News

Going in Circles: The IRS Limits Puerto Rico Source Rules in Responding to Aggressive Tax Positions

By EsqSocial Corporation 27/12/24

The tax advantages for US individuals who become bona fide residents of US possessions can be substantial. These tax advantages have lured more than a few taxpayers to take unreasonably aggressive positions that they are entitled to those benefits....

Time to Reset Your Tax Clock

By EsqSocial Corporation 27/12/24

While we may reset our clocks in March and November each year, every January 1 we reset our tax clocks. Here is a short list of what is changing: Social Security Wage Base Limit: $176,100......
By: Littler

Corporate Transparency Act Injunction Overturned by Fifth Circuit; Companies Advised to Report by 12/31 Deadline

By EsqSocial Corporation 27/12/24

UPDATE: Main Reporting Deadline Extended to January 13, 2025 - On December 23, 2024, the Fifth Circuit issued an order granting a stay of the December 3 nationwide injunction against the Corporate Transparency Act (CTA) that was originated in the U.S.

H-1B Modernization: Biden’s Final Move, Trump’s First Challenge?

By EsqSocial Corporation 27/12/24

The US Department of Homeland Security (DHS) published a new regulation to “modernize” the H‑1B program, a visa category commonly used by US employers to hire skilled foreign workers. The new regulation takes effect on January 17, 2025.

Update: Corporate Transparency Act Filings Are Back On (But With Extended Deadlines)

By EsqSocial Corporation 27/12/24

This is an important update to our December 6 eAlert on the nationwide injunction suspending the Corporate Transparency Act (CTA).

Corporate Transparency Act Update: Enforcement of Corporate Transparency Act Resumes After Court Stays Preliminary Injunction

By EsqSocial Corporation 27/12/24

On December 23, 2024, the 5th U.S. Circuit Court of Appeals granted a stay of the nationwide preliminary injunction granted earlier this month blocking the enforcement of the Corporate Transparency Act (the “CTA”).

Healthcare Authority Newsletter - December 2024 #3

By EsqSocial Corporation 27/12/24

News Briefs - Lawmakers Strike Deal to Extend Expiring Healthcare Programs - Lawmakers reached a deal to extend expiring healthcare programs, lobbyists close to the issue said. The package is more robust than lobbyists expected....

Injunction Lifted - CTA Enforcement Back in Effect

By EsqSocial Corporation 27/12/24

Injunction Lifted – CTA Enforcement Back in Effect As mentioned in a previous Alert, on December 3, 2024, the United States District Court for the Eastern District of Texas granted a nationwide preliminary injunction enjoining the government from enforcing the Corporate Transparency Act (the “CTA

Corporate Transparency Act Nationwide Injunction Stayed; New Filing Deadline is January 13, 2025

By EsqSocial Corporation 27/12/24

On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted the government's emergency motion to stay the nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA). Earlier this month, the injunction had been ordered by the U. S.

Federal Court Declines to Extend Affirmative Action Decision Into Military Academy Admissions

By EsqSocial Corporation 27/12/24

The use of race in college admissions has been a hot-button issue for decades and most recently came to a head in Students for Fair Admissions, Inc. v. President & Fellows of Harvard Coll., 600 U.S.

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