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Member Articles


Tax and Estate Planning Update

2025 Federal and Connecticut Estate Tax and Gift Tax The federal estate tax exemption for 2025 is $13,990,000, an increase of $380,000 from 2024. If a decedent’s taxable estate exceeds this amount, the excess will be ...

Corporate Transparency Act Reporting Remains by Voluntary Submission Only

Notwithstanding recent developments that might suggest otherwise, companies are still not obligated to report beneficial ownership details under the Corporate Transparency Act. On January 23, 2025, the Supreme Court gra ...

When Workplace Policies Become Enforceable Legal Obligations With Significant Risk: Lessons From the High Court’s Decision in Elisha v Vision Australia

The recent High Court decision in Elisha v Vision Australia [2024] HCA 50 highlights critical points of risk for employers to consider when terminating employment, including the enforceability of workplace policies, the ...

ASIC Extends Custody Guidance to Crypto Assets

In December 2024, the Australian Securities and Investment Commission (ASIC) issued an updated version of its Regulatory Guide 133 Funds management and custodial services: Holding assets (RG133). RG133 sets out the reg ...

Hot Pursuit of Cold Cash: Celsius Serving Clawback Actions in Australia

The latest episode in the Celsius bankruptcy saga is just in: the Litigation Administrator of the defunct crypto exchange has begun serving clawback complaints filed in the US bankruptcy court to Australian customers. Th ...

Corporate Transparency Act Reporting Obligations Remain Suspended Despite Recent Order by Supreme Court

On January 23, 2025, the Supreme Court of the United States issued an order to lift the injunction on the Corporate Transparency Act (“CTA”) that was reinstated by the 5th Circuit Court of Appeals on December 26, 202 ...

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