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Author: fridayfirmdev

H1B Visa Registration Now Open

By fridayfirmdev

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. The H-1B visa program allows U.S. employers to temporarily employ foreign workers in specialty … Continued

Corporate Transparency Act

By fridayfirmdev

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. … Continued

BOI Injunction Remains in Place

By fridayfirmdev

On Thursday, January 23rd, the U.S. Supreme Court issued a stay of the nationwide injunction banning enforcement of the BOI filing requirements in the case Texas Top Cop Shop, Inc. v. Garland. Many reports jumped to the conclusion that….

ESRP Reporting

By fridayfirmdev

The Paperwork Burden Reduction Act, which became law on December 23, 2024 and is effective for 2024 coverage reporting, establishes an alternative method for satisfying the requirement to furnish the Form 1095-C to employees and covered individuals by providing that employers will be treated as furnishing the written statements if

Nationwide Injunction Temporarily Halts Compliance Requirements

By fridayfirmdev

On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction that enjoins the federal government from enforcing the Corporate Transparency Act (the “CTA”). The Corporate Transparency Act went into effect January 1, 2024, and requires all reporting companies to file information about the beneficial owners of the company the with Financial Crimes Enforcement Network (“FinCEN”).

Key Reminders as Deadline Approaches

By fridayfirmdev

The Corporate Transparency Act (CTA) was enacted in 2021, but implementation of the new law was delayed on several occasions.  As of January 1, 2024, however, the CTA’s beneficial ownership reporting requirements are in effect. This alert reviews critical points every business owner should consider in determining the steps necessary to comply.   Who is required … Continued

Herschel H. Friday Posthumously Inducted into the Legal Hall of Fame

By fridayfirmdev

Little Rock, AR – Herschel H. Friday, distinguished attorney and former managing partner of Friday, Eldredge & Clark has been posthumously inducted into the Arkansas Bar Association Legal Hall of Fame. A formal ceremony honoring Mr. Friday’s induction was held on Thursday, September 12th, at the Robinson Center in Little Rock. Mr. Friday joined the firm … Continued

NEW HOSPITAL PRICE TRANSPARENCY REQUIREMENTS FOR HOSPITALS

By fridayfirmdev

The Centers for Medicare and Medicaid Services (CMS) is providing additional information on new requirements to comply with the Hospital Price Transparency regulations, which require each hospital operating in the U.S. to publish a comprehensive machine-readable file (MRF) with the standard charges for all items and services the hospital provides.   The initial Price Transparency requirements … Continued