VertiSource HR | HRIS and HR Outsourcing

Big Change: BOI Reporting No Longer Required for U.S. Companies Under the CTA

FinCEN’s March 2025 Rule Lifts Reporting Burden for Domestic Companies On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced a major change to the Corporate Transparency Act (CTA) reporting rules. U.S. companies and U.S. persons who are beneficial owners of U.S. entities are no longer required to report Beneficial Ownership Information (BOI) to […]

AI

The Risks of AI in Workplace Safety: What Every Business Needs to Watch For

Artificial intelligence (AI) is revolutionizing workplace safety—offering real-time hazard detection, predictive analytics, and automated compliance. AI-powered systems can reduce workplace injuries, improve compliance, and enhance efficiency. However, AI also introduces legal, ethical, and operational risks that businesses must address. Here’s what every company needs to consider before integrating AI into their workplace safety strategy. How […]