On Friday March 7, 2025, the U.S. Citizenship and Immigration Services (USCIS) opened H-1B visa lottery registrations for the 2026 fiscal year. Registration closes on March 24, 2025, and the visa selection will take place on or about April 1, 2025.
On Monday, March 2nd, the Treasury Department announced it would no longer enforce any penalties or fines associated with beneficial ownership reporting under the Corporate Transparency Act (“CTA”). The Treasury Department will be issuing further rules which will narrow the CTA reporting requirements to foreign reporting companies only, removing any requirements for domestic companies altogether.