Employers that engage foreign workers coming into the United States on H1-B visas are reminded of the rapidly approaching April 1, 2014 “deadline” for the filing of H-1B visa petitions for Fiscal Year 2015. Petitions for the new fiscal year, which starts on October 1, 2014, will be accepted by the government beginning April 1, 2014. U.S. Citizenship and Immigration Services (USCIS) will continue to accept new H-1B petitions after April 1, 2014, but only until the H-1B cap is reached.
Employers are encouraged to identify any employees who may require H-1B sponsorship, as the cap can be expected to be reached within the first few days after April 1, 2014. Once the H-1B cap has been reached, employers will be unable to file new cap-subject H-1B petitions until April 1, 2015.
Source: www.totallyexpat.com