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Top Business Alerts: Key Deadlines & Updates You Can’t Miss
Dec 10, 2024
Stay ahead with these critical updates and compliance reminders tailored for LRA members:
- Corporate Transparency Act: January 1 Filing Deadline Back On
The Fifth Circuit Court of Appeals has reinstated the Corporate Transparency Act (CTA) filing deadline for beneficial ownership information (BOI) reports to January 1, 2025. This rule affects businesses with less than $5 million in revenue or 20 employees. Failure to comply may result in penalties of up to $591 per day. Visit our resources to understand the requirements and how to file your report. Read More
- Seafood Labeling Law Compliance – Effective January 1, 2025
Starting January 1, Louisiana restaurants must disclose the use of imported crawfish and shrimp. Ensure your menus and signage comply with the required font and size standards. Use our guide to make this transition smooth. Read More
- Louisiana Sales Tax Increase – Prepare by January 1, 2025
The state sales tax rises to 5%, with total combined rates exceeding 10% in many areas. Update your POS systems, train staff, and inform customers to stay compliant. Check your parish's updated rates and other important details. Read More
- Maximize Your Recovery: Visa/Mastercard Settlement Resources
The $5.54 billion Visa/Mastercard settlement claims deadline is February 4, 2025. Businesses accepting card payments from 2004-2019 could recover up to 10% of interchange fees. Access webinar recordings, presentation slides, and intake forms to get started. Read More
Stay informed, compliant, and proactive to ensure smooth operations for your business in the new year.